Estée Lauder at 75: Inside Estée Lauder’s Investments Into Company Culture

  • 📰 wwd
  • ⏱ Reading Time:
  • 89 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Executives at esteelaudercompanies detail the progress it is making toward racial and gender equity, as well as its sustainability efforts.

to hiring more Black employees across all levels of its business over the next five years in an attempt to reach U.S. population parity of 13 percent. In March of this year, Lauder established an Equity and Engagement Center of Excellence, led by Nicole Monson, senior vice president, equity and engagement.

“The program entails some experiential learning, there are focus groups and town halls and things like that that we’ve been doing to introduce this population to Estée Lauder and the beauty industry,” she said. As part of the From Every Chair program, Lauder assembled a council that asked each sponsee about their career goals in order to match them “where there are actually opportunities,” Monson said.

Lauder employees have made more than 4,000 donations to racial equity nonprofits through the company’s Good Work Program. Those donations have amounted to about $3 million, including company matches, according to Monson. Lauder typically hosts an in-person ID&E week, which became a virtual event this year due to COVID-19. More than 7,500 employees from 60 countries participated this year, with each region producing its own event.

MAC’s Black makeup artists formed the Melanin Beauty Collective, whose goal is to “make sure that young makeup artists or young talent have a place where they feel they’re represented,” Elliott said. “Having [Ambrose] bring to life the things that we can and should do, and think about it in a dimensional way has been extremely helpful for me, and also for our teams to start digging into how do we not just do what’s expected, but how do we take it beyond that,” Elliott said.Company-wide, Lauder has rethought much of its collective commitment to racial equity over the past year. Simultaneously, progress is being made in terms of gender equity.

Lauder has committed $5 million in grants to global efforts that support women and girls’ education. It has also expanded its child care and elder care support for employees in light of the pandemic, which has disproportionately impacted women.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tech companies pledge billions in cybersecurity investmentsSome of the country’s leading technology companies have committed to investing billions of dollars to strengthen cybersecurity defenses, White House says. Okay okay keep up the good work
Source: NBCNews - 🏆 10. / 86 Read more »