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Press Release
The Estée Lauder Companies Announces Fiscal Year 2023 Social Impact and Sustainability Report and Climate Transition Plan

Today, The Estée Lauder Companies Inc. (ELC) released its Fiscal Year 2023 Social Impact and Sustainability Report (SI&S Report). The report outlines efforts and progress made toward the company’s social impact and sustainability goals and commitments focused on climate and energy; packaging; sourcing; green chemistry and ingredient transparency; inclusion, diversity & equity; employee health and safety; and social investments.

Also released today is ELC’s second Climate Transition Plan which reflects ELC’s efforts to proactively disclose the company’s efforts to help address climate change and provides a more detailed look at the company’s ambitions to reduce total greenhouse gas (GHG) emissions across its extended value chain.

“I am proud of the collective efforts across our company that drove progress against our environmental and social impact goals and commitments in fiscal 2023—including our continued carbon neutrality in Scope 1 and 2 emissions, our progress in product packaging, and the expansion of our employee giving and volunteerism program. We look forward to continuing to drive innovation and collaboration to build a more sustainable future.” said Nancy Mahon, Chief Sustainability Officer, The Estée Lauder Companies.

"Throughout fiscal 2023, our passionate and engaged global employees continued to act on our values to drive our company and business forward, delivering benefits for our consumers, our communities and partners, and ourselves,” said Fabrizio Freda, President and Chief Executive Officer, The Estée Lauder Companies.

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