Estée Lauder’s report entitled, “Inspired by Beauty, Driven by Our Values,” underscores the company’s progress and commitment to strengthening efforts across core citizenship and sustainability focus areas and highlights key milestones demonstrating industry leadership in inclusion and diversity (I&D) practices. “As we continue to deliver on our promise to create the world’s most beloved products and experiences, we believe that embedding citizenship and sustainability across our business reflects the value we place on long-term, sustainable growth,” said Fabrizio Freda, president and CEO of The Estée Lauder Companies Inc. “This year, we took important steps to more formally integrate these longstanding principles into our strategy and across our entire business.”
 
The report applies the internationally recognized Global Reporting Initiative (GRI) Standards at the “Core in Accordance” level as well as generally aligning to the Sustainability Accounting Standards Board (SASB) disclosure recommendations.
 
Doing Good for More than Just the Company
 
In 2019, Estée Lauder made significant progress in achieving environmental sustainability goals, responsible sourcing, a positive social impact, inclusion and diversity goals and better employee engagement.
 
According to the company, this year’s CR Report demonstrates how the company’s progress toward its goals has a positive impact on society and on the planet. Nancy Mahon, senior vice president, Global Corporate Citizenship and Sustainability of The Estée Lauder Companies Inc. stated, “This year we have accelerated programs and initiatives at corporate and brand levels and have gained recognition for those efforts. As a family-founded company with a deep commitment to values and giving back, we are proud to continue our work to create a business that has social impact, inclusivity and sustainability at its core. It’s been an outstanding year.”
 
Read the report here.