Coty has announced the launch of its new global gender-neutral parental leave policy—and beauty industry executives are talking abouyt it on social media.

Coty posted a video on Instagram featuring several beauty executives, including Patricia Costa Pozza, Coty UK&I Brand Director, Luxury Marketing, and Stuart Fryers, Coty Customer Director, Consumer Beauty. They spoke about how the policy is beneficial, and so important for families. Screenshots of the video are above—view the post below. 

Taking effect from November 1st, all employees, regardless of gender, will have access to the same number of fully paid weeks of parental leave when starting or extending a family, whether through pregnancy, adoption, or surrogacy.

Anne Jaeckin, Coty’s Chief HR Officer, comments, “In line with our new corporate purpose, vision, and values, we are dedicated to fostering an inclusive workplace for our people – and tackling outdated gender stereotypes. We hope that this new policy will make a meaningful difference for new parents and support them in this very important chapter of their lives.”

Building on Coty’s central value of “Fearless Kindness,” announced in October, the policy is “a tangible step toward a more diverse, equitable, and inclusive Coty culture,” Coty stated in a press release. It also says, “This initiative will help to promote gender equality in pay and workplace advancement and give each Coty Associate the choice to grow their family in the way that is right for them.”

The policy builds upon Coty’s existing maternity, paternity, adoption, and partner leave commitments, and will be guided by local regulations.

 

 

 

 

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A post shared by Coty Inc. (@cotyinc)