This International Women's Day (IWD),
We continue to be awed by the strength of women around the world, particularly knowing that women and girls disproportionately bear the negative impacts of global crises, including job loss, unequal caregiving responsibilities, interrupted education and access to health and social services.
Like ELC's founder, the visionary Mrs. Estee Lauder, we are ready to meet these challenges. As a company, we feel a collective sense of urgency to reaffirm our gender equity commitments published in 2021. As part of the
We are proud to share that we have made significant progress, including:
Pay Equity and Representation
In FY2021 we achieved 98.7% global pay equity and we are on track to achieve sustained pay equity by 2023.
55% of Global VP positions and above are held by women.
For the first time in ELC's history, a woman is the Lead Director of our Board, and we fully expect to reach 50% gender equity on our Board of Directors by 2023.
All our Global Innovation Centers are led by women.
Half of our six regions are led by women.
More than 50% of our affiliates are led by women.
We are accelerating our progress to reach representation parity for Black women in
We continue to support women-owned businesses, with a goal to increase women-owned supplier spend to $150MM by 2025.
Employee Well-Being
We expanded our flexible work policies to acknowledge the realities of caregiving and attention to well-being as opportunities to support diverse needs of individuals in their personal and professional growth.
Family-related benefits for eligible
Our
Open Doors Women's Leadership Program
This year, we continued to hold intensive sessions in our signature women's leadership program,
We will expand
We also expanded our reach globally with the launch of the Open Doors Collection, giving all employees access to original, curated leadership content, self-guided active learning, and guides for facilitators. Since the launch, employees have created test-and-learn pilots in brands, regions, functions, and ERGs to build community around the Collection's tools and resources.
Like our founder, the visionary Mrs. Estee Lauder, we are ready to meet these challenges.
Women's Leadership Network
We continue to leverage the power of the Women's Leadership Network (WLN), ELC's largest
Women in Supply Chain and Women in Technology and other WLN sub-groups continued to support and engage women across ELC to reach their full potential, with expanded mentorship and sponsorship programs. This year we intend to augment resources that empower women personally and professionally. Expansion to affiliate offices in EMEA is planned.
A peer-to-peer mentoring app successfully launched in the EMEA Regional Office in
Breast Cancer Campaign
Breast cancer is now the most diagnosed cancer worldwide. Together,
More than $86MM in funded medical research grants were made through the
Partnership Highlights
Through
ELCCF has deepened its commitment to creating pathways of advancement in girls' education, women's economic participation, and leadership through strategic global partnerships with organizations such as The Young Women's Leadership Schools, Girls Leadership, and
Throughout COVID-19, we provided flexible funding to girls' education partners around the world and worked to address increased gender-based violence amidst the pandemic through partners such as
Author and activist,
We partnered with global spokesmodel and
ELC was represented at the 2021
ELCCF continues to donate to relief efforts for global refugees from
Advancing Change
Strides toward gender and pay equity solely within our own Company are not enough. The gender equity dichotomies of a year ago persist as resources in critical areas such as health and education diminish. Our work, therefore, remains twofold: continuing our gender equality work within ELC, while simultaneously progressing advancement and equality for all. As we scale up within our own Company, we also partner with individuals and organizations who share our commitment to advancing women and girls of all races and economic backgrounds to level the playing field for every global citizen. ELC continues to build lifelong leaders confident in their unique ability to reach their full potential to create a lasting, positive impact.
Empowering women anywhere empowers women everywhere. True to our founder, and with the strong support of our employees, leaders, and partners, we continue our support for women and girls globally, aiming toward gender equality across all races and sectors. Our progress is as clear as the challenges we will continue to face.
In these unprecedented times, ethical, engaged, conscious leadership based on listening is the kind of presence the world needs. A truly equitable future for all depends on it.
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