We Are Women’s History: Opening Doors to Gender Equality
March 07, 2021
Share
ELC's 2021 strategy on women's equity -Opening Doors: Women's Advancement and Gender Equality- honors our history and sets our sights to the future by aiming to level the playing field for all genders inside and outside of ELC, and by working to strengthen a culture of inclusion and diversity, advocacy, flexibility and engagement.
As a company, we have committed to:
Achieve gender pay equity by 2023
Increase representation of women from underrepresented groups in all regions and affiliates
Reach representation parity for Black women at all levels in the U.S. by 2025
Expand business-based flexibility for employees
Achieve gender parity on the Board of Directors by 2025
Achieve gender parity for women in senior leadership positions globally by 2025
Expand women's leadership development programs
Minimize bias and foster a company culture of inclusion and advocacy through engaging employees of all genders and levels globally in discussions, trainings and workshops
Support, encourage and engage all women at ELC through the global expansion of the Women's Leadership Network (WLN) employee resource group
Sustain our position a #1 leader in supporting research through the Breast Cancer Research Foundation
Launch and expand select philanthropic partnerships in health and education
Advocate for equality of opportunity beyond ELC through select partnerships supporting women and girls
Already this past year, we have made progress on these goals, including:
Launched a Women's Initiatives Taskforce to promote gender equality, with participation from leaders across the company
Introduced flexible work principles in order to support more balance for personal and family commitments
Expanded back-up childcare and eldercare employee benefits to support employees affected by COVID-19 closures
Concluded a global gender pay-gap analysis with the end-goal of achieving full equity in all aspects of employment at The Estée Lauder Companies
Expanded the Women's Leadership Network to the U.K./Ireland, EMEA and LATAM
Mandated virtual unconscious bias training for all employees in the U.S. and U.K./Ireland
Joined the UN Foundation's Five for 5 Initiative aimed at driving cross-sector progress towards achieving gender equality and empowering women and girls around the world over the next five years
Pledged our support to the UN Sustainable Development Goal Number 5 to achieve gender equality and empower all women and girls around the world to reach their full potential
We have incredible leaders around the table at The Estée Lauder Companies. We could not do this without the allyship and support of William P. Lauder and Fabrizio Freda, the unwavering commitment from my Women's Leadership Network executive co-leads Jane Hertzmark Hudis and Tracey Travis, and the thousands of others inside our organization who live and breathe this work every day.
This Women's History Month we celebrate our founder, Mrs. Estée Lauder. We also celebrate the women leaders inside and outside our company and the male leaders and allies who are their critical partners.
We don't take our history for granted. We see the challenges and opportunities ahead and we know that we must work to advance women, wherever they are. We take time to celebrate. And then we roll up our sleeves.
Attachments
Original document
Permalink
Disclaimer
The Estée Lauder Companies Inc. published this content on 08 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 April 2021 21:53:03 UTC.
The Estée Lauder Companies Inc. is one of the 1st world cosmetics groups. Products are sold under brands (Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, Bobbi Brown, La Mer, Aveda, Jo Malone London, Bumble and bumble, Darphin, Smashbox, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, Kilian Paris, Too Faced, Dr. Jart+, DECIEM and The Ordinary) and under brands of licenses (Tommy Hilfiger, Donna Karan New York, DKNY, Michael Kors, Tom Ford, Dr. Andrew Weil, Ermenegildo Zegna and AERIN). Net sales break down by family of products as follows:
- skin care products (58.4%);
- make-up products (25.9%);
- perfumes (11.9%);
- hair care products (3.5%);
- other (0.3%).
At the end of June 2021, products are marketed through about 1,600 outlets worldwide, distributed between large stores, perfume shops, pharmacies, beauty institutes and exclusive shops, and via Internet.
The group has 10 production sites worldwide.
Net sales are distributed geographically as follows: Americas (23.4%), Europe/Middle East/Africa (42.8%) and Asia/Pacific (33.8%).