Hong Kong
ELC Named to 2019 Bloomberg Gender-Equality Index
Company Feature, Jan 16, 2019
The Estée Lauder Companies (ELC) has been named to the second annual global sector-neutral Bloomberg Gender-Equality Index (GEI) for the second year in a row. This recognition acknowledges the fundamental values of respect and inclusion of ELC, and the company’s collective commitment to driving action and advocacy both at ELC and across industries.
The Bloomberg global survey distinguishes companies committed to transparency in gender reporting and advancing women’s equality. This year, the number of companies included in the index doubled to 230, and includes firms from 10 sectors headquartered across 36 countries and regions.
“We are honored that The Estée 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,” said Fabrizio Freda, President and Chief Executive Officer. “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.”
This announcement comes on the heels of other ELC’s recent Women’s Choice Awards for “Best Company for Women” and “Best Company for Multicultural Women,” as well as the Forbes’ list of America’s “Best Employers for Diversity 2019.” Among other global rankings this past year, ELC was ranked among Fortune’s “50 Best Places to Work in The Fortune 500,” in China, United Arab Emirates, Mexico and the U.K. & Ireland, and ELC was also featured for the second consecutive year in Indeed’s “Top-Rated Workplaces: The 50 Best” List. Additionally, ELC’s impressive Human Rights Campaign score designates our company as a “Best Place to Work” for LGBTQ equality. ELC is proud to have received this honorable recognition.
About the Bloomberg Gender-Equality Index
Bloomberg’s standardized reporting framework offers public companies the opportunity to disclose information on how they promote gender equality across four separate areas – Company Statistics, Policies, Community Engagement, and Products and Services. Companies that score above a globally-established threshold, based on the extent of disclosures and the achievement of best-in-class statistics and policies, are included in the index. The Bloomberg gender reporting framework is voluntary and has no associated costs. The GEI is a reference index. Learn more by clicking here.
