United States
The Estée Lauder Companies Named to Bloomberg’s Gender-Equality Index for the Sixth Consecutive Year
The Estée Lauder Companies (ELC) continues to improve its index score year after year
Press Release, Mar 6, 2023
We are pleased to announce that ELC has been named to the 2023 Bloomberg Gender-Equality Index (GEI) for the sixth year in a row. ELC continues to improve its index score as we continue to deepen our commitments to women’s advancement and gender equity—ensuring our employees have equitable access to career advancement, pay parity, and opportunity across ELC worldwide.
ELC joins 483 other companies as a member of the 2023 GEI, a modified market capitalization-weighted index developed to gauge the performance of public companies dedicated to reporting gender-related data. This reference index measures gender equality across five pillars—leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies, and external brand. Those included on this year’s index scored at or above a global threshold established by Bloomberg to reflect disclosure and the achievement or adoption of best-in-class statistics and policies.
“We are honored to be included in the Bloomberg Gender-Equality Index for the sixth year in a row. We feel a deep sense of responsibility to address the systemic barriers that face women at work and in the world,” said Sara E. Moss, Vice Chairman, The Estée Lauder Companies. “As a company founded by a woman, gender equity is in our DNA. We honorourlongstanding legacy today by making strides on our commitments, staying accountable, and leveraging our platform to make gender equity a reality for women at our company and beyond.”
ELC submitted a social survey created by Bloomberg, in collaboration with subject matter experts globally. Both the survey and the GEI are voluntary and have no associated costs. Bloomberg collected this data for reference purposes only. The index is not ranked. While all public companies are encouraged to disclose supplemental gender data for their company’s investment profile on the Bloomberg Terminal, those that have a market capitalization of $1 billion are eligible for inclusion in the GEI.
This announcement follows similar recognition of ELC’s commitments by numerous organizations, including Forbes (2022 America’s Best Employers for Diversity), Seramount (2022 Top Companies for Executive Women) and Glassdoor (Best Places to Work 2022).
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