The Estee Lauder Companies today announced that it is one of 230 companies selected for the 2019 Bloomberg Gender-Equality Index, which recognises companies’ commitment to transparency in gender reporting and advancing women’s equality.
The index has doubled in size from 2018, with Bloomberg offering public companies the opportunity to disclose information on how they promote gender equality across four set areas and those that score above a globally-recognised threshold being included.
“We are honored that The Estee Lauder Companies has been included in the 2019 Bloomberg Gender-Equality Index. As a values-driven company, inclusion and diversity are part of the fabric of who we are, and our practices reflect our unwavering commitment to supporting and celebrating the individuality of every employee,” said William P Lauder, Executive Chairman. “We are proud to be part of such an important conversation driving transparency, progress and action around gender equality and respect for every individual.”
“We understand the unique and endless possibilities that result from collaboration among employees with varying experiences, perspectives and talents, and we are focused on ensuring that diversity continues to be embedded in our company values, culture and business strategy,” added Fabrizio Freda, President and CEO. “Fostering an inclusive and diverse workforce is paramount to generating fresh ideas and meeting the needs of our global consumers through our quality products and high-touch service.”
Other cosmetics and beauty-related companies to make this year’s index include Avon, Clorox, CVS Health, Kao, Kering, L’Oréal, Procter & Gamble, Unilever and Walmart.