The Estée Lauder Companies has published Future Beautiful: Our Progress on Sustainability and Citizenship in 2016. The report highlights the company’s progress across five key areas of Sustainability and Citizenship including: Products and Packaging, Employee Well-Being, Sustainable Sourcing, Efficient Operations and Citizenship.
“Sustainability and citizenship is about how we do business. How we create long-term value and continually deliver a sustainable business model,” said William P. Lauder, Executive Chairman.
Significant achievements over the past year include: the creation of The Estée Lauder Companies Charitable Foundation — and its initiative aimed at improving educational opportunities for girls worldwide; Good Works, a new program through which the company matches employee contributions of both volunteer time and monetary donations; and a new environmental goal of net-zero greenhouse gas emissions by 2020 to help the world mitigate the effects of climate change.
“Our long-term success rests on our ability to embed sustainable practices along our value chain. We believe that citizenship and sustainability are essential to our success as a business and our responsibilities as a global company,” said Fabrizio Freda, President and Chief Executive Officer.
The company’s journey as a corporate citizen is ongoing. In partnership with suppliers, retailers, consumers and employees, it continues to make progress while working to care for communities, conserve natural resources and create innovative, sustainable products — to ensure a ‘future beautiful’ for all.
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Sustainable Brands Staff
Published Dec 6, 2016 2pm EST / 11am PST / 7pm GMT / 8pm CET