Global beauty company The Estée Lauder Companies has issued a statement affirming that it stands with all of those who are suffering, including its employees and their families and the people of Ukraine.

Supporting Ukrainian Employees and Their Families

The company has taken significant steps to support the safety of its employees in Ukraine, including the continuance of all compensation, maintenance of regular communication, as well as offering relocation assistance for those who choose that measure of support.
 
Additionally, The Estée Lauder Companies Charitable Foundation (ELCCF) has already committed $1 million in support of relief efforts in Ukraine and the company will be donating ELC products to those displaced and in need.
 
ELC Good Works, the employee charitable matching gifts program, will double match eligible employee donations to various disaster relief nonprofits year-round, including organizations already active in Ukraine and in neighboring countries.

Suspending Business in Russia

Further, after having already suspended The Estée Lauder Companies’ business investments and initiatives in Russia last week, the company has also decided to suspend all commercial activity in Russia, including closing every store it owns and operates, as well as its brand sites and shipments to any of its retailers in Russia.
 
The company says its top priority remains the safety of all its employees and it has decided to continue to provide compensation and support to its employees in Russia at this time.

Related News

Olivier Bottrie, global president, Travel Retail and Retail Development, The Estée Lauder Companies Inc., has made the decision to retire after a 26-year career at the company.