Results

The Estée Lauder Companies Inc.

03/08/2021 | Press release | Archived content

We Are Women’s History: Opening Doors to Gender Equality

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.