GenderEquality – The Beauty Influencers https://www.thebeautyinfluencers.com Official Publication of The Beauty Influencer Association Tue, 09 Mar 2021 21:57:26 +0000 en-US hourly 1 https://wordpress.org/?v=5.5.17 https://www.thebeautyinfluencers.com/wp-content/uploads/2019/06/cropped-IMG_7016-32x32.jpg GenderEquality – The Beauty Influencers https://www.thebeautyinfluencers.com 32 32 Firmenich Leads on Equality in the Workplace, Reaching Next Level of Global EDGE Certification https://www.thebeautyinfluencers.com/2021/03/09/firmenich-leads-on-equality-in-the-workplace-reaching-next-level-of-global-edge-certification/ https://www.thebeautyinfluencers.com/2021/03/09/firmenich-leads-on-equality-in-the-workplace-reaching-next-level-of-global-edge-certification/#respond Tue, 09 Mar 2021 21:17:49 +0000 http://www.thebeautyinfluencers.com/?p=7527 Firmenich Takes Action Beyond Gender Focusing on Ethnic Minorities, LGBTIQ+ & Differently-abled Workforce Firmenich is the first company in the world to successfully upgrade its global EDGE Certification for gender […]

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Firmenich Takes Action Beyond Gender Focusing on Ethnic Minorities, LGBTIQ+ & Differently-abled Workforce

Firmenich is the first company in the world to successfully upgrade its global EDGE Certification for gender equality in the workplace to the next level: “Move” status. Recognizing the Group’s ever more inclusive culture, the leading business certification standard for gender equality awarded Firmenich Move status for its progress in expanding diverse representation at all levels and a strong sense of belonging among its diverse workforce. Firmenich continues to lead in workplace equality, having been the 7th company in the world and the first in its industry to achieve global certification in 2018 at Assess level.

“I am very proud that Firmenich is one of only two companies that have achieved Global EDGE MOVE certification, raising the bar for gender equality under EDGE’s demanding benchmarks for continuous improvement,” said Gilbert Ghostine, CEO Firmenich. “EDGE recognizes our concrete achievements in embedding equality worldwide, as an employer of choice and a trusted and reliable partner for our customers. I am particularly pleased that we set the standard at the very top of the organization with gender parity on our world-class executive team.”

“The remarkable leap forward Firmenich has made in two years at the global level from the first level to the second level of EDGE Certification, EDGE Move, demonstrates that intentional, prioritized and measured actions undeniably accelerate progress towards gender balance, diversity and inclusion,” said Aniela Unguresan, Co-founder of EDGE Certified Foundation. “Specifically, Firmenich’s global EDGE Move certification illustrates the company’s progress in terms of gender representation and proactive management of pay equity across its main countries of operation.”

“Firmenich continues to set the standard for excellence as the best place to work in our industry. Since our first global EDGE certification in 2018, we have achieved significant milestones, from no gender pay gap worldwide to systematically implementing diverse talent pools,” said Mieke Van de Capelle, Chief Human Resources Officer at Firmenich. “While I am very proud of our achievements, we are focusing on new frontiers with targeted action that goes beyond gender. It’s about embracing the power of inclusion of minority groups, securing effective representation and engagement of people with different abilities, ethnic and socio-economic backgrounds and sexual orientation.”

Building on its achievements, the Group’s new Environmental, Social and Governance (ESG) strategy sets ambitious 2030 people goals, including commitments on human rights, ethnic pay equity, creating 5,000 job opportunities for youth and continuing to raise the representation of differently-abled people in its workforce to 10%.

Since 2018, Firmenich has raised women’s representation in its global workforce to 41% and eliminated gender pay gaps. Expanded flexible working opportunities worldwide, effective recruitment and promotion practices, as well as continuous training and mentoring, have enhanced equal representation at all levels including critical pathways to senior management. Half of Firmenich’s Executive Committee is female.

EDGE Certification at the global level entails a global evaluation of Firmenich data and processes, as well as a comprehensive survey of its employees worldwide. Firmenich emerged from the rigorous assessment as an employer that is clearly meeting and exceeding core certification criteria around hiring, pay, retention, development and engagement of its employees.

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We Are Women’s History: Opening Doors to Gender Equality https://www.thebeautyinfluencers.com/2021/03/09/we-are-womens-history-opening-doors-to-gender-equality/ https://www.thebeautyinfluencers.com/2021/03/09/we-are-womens-history-opening-doors-to-gender-equality/#respond Tue, 09 Mar 2021 19:28:01 +0000 http://www.thebeautyinfluencers.com/?p=7516 A Women’s History Month Op-Ed by Sara Moss, Vice Chairman, The Estée Lauder Companies When Mrs. Estée Lauder placed her name on a jar of her signature cream 75 years […]

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A Women’s History Month Op-Ed by Sara Moss, Vice Chairman, The Estée Lauder Companies

Sara Moss, Vice Chairman, The Estée Lauder Companies

When Mrs. Estée Lauder placed her name on a jar of her signature cream 75 years ago, she challenged the status quo and built a company based on the principles of equality and women’s advancement. Today, we are still making history. At The Estée Lauder Companies (ELC), we now see a workforce of 84 percent women with over 50 percent of women at leadership levels. Almost half of our Board of Directors are women. We see incredible women across our organization at every level, leading from every chair.

Today, we also see signs of change all around us. In the U.S., we see the first woman of color elected to be Vice President. We see women rising every day as advocates and leaders, and we see youth around the world who are unafraid to raise their voices to claim their fundamental rights. We see equality expanding its reach to include conversations around race, gender and socioeconomic disparities. We see the dots connecting, but we also see that there is much more work to be done.

As we celebrate Women’s History Month this March, I would be remiss not to reflect on the unprecedented time we are living in now. The global pandemic has been devastating and challenging for everyone in every corner of the world, but it has been particularly hard on women. Women make up two-thirds of the global paid care workforce, placing them in the frontlines of the COVID-19 crisis. The burden of childcare and family responsibilities means women are leaving the workforce at a rate four times higher than men. Yet, despite these incredible burdens, women have done what they always do: they rose to the occasion at work, at home, and at every level of our society. From nurses and caretakers, to business and government leaders around the world, women leaders have continued to shape our collective history through their pandemic response and recovery.

The current crisis has added deep complexity and a sense of urgency to close gaps without losing ground on progress in women’s equality and advancement. Government resources have been drained, threatening public funding and investments to women’s health programs and girl’s education. In the U.S., women of color have been especially impacted; they have less healthcare access and health insurance coverage, and many entered the pandemic earning less and have experienced higher jobless rates in the downturn.

Women have done what they always do: they rose to the occasion at work, at home, and at every level of our society.

As a company, we believe these gaps should be closed. We believe all genders should have equal access to job opportunities and positions of leadership, including access to the tools and support to help them achieve their goals. We believe that all people deserve equal access to health, education and economic participation. Our aim is to help women and girls worldwide acquire the necessary life and leadership skills to become healthy and productive adults who can effect lasting change and break the cycle of poverty.

Sara Moss, left, with her co-executive sponsors of ELC’s Women’s Leadership Network, Tracey T. Travis, Executive Vice President of Finance and Chief Financial Officer, and Jane Hertzmark Hudis, Executive Group President

For these reasons, ELC has joined the United Nations Foundation’s Five for 5 Initiative this past year and developed a set of commitments for the next five years, aligned with UN Sustainable Development Goal 5, whose mission is to achieve gender equality and empower all women and girls. We are working with other cross-sector leaders to make progress towards achieving gender equality and empowering women and girls around the world by addressing three specific goals: equality of leadership, equality of opportunity, and equality of access to health and education.

ELC’s 2021 strategy on women’s equity —Opening Doors: Women’s Advancement and Gender Equality— honors our history and sets our sights to the future by aiming to level the playing field for all genders inside and outside of ELC, and by working to strengthen a culture of inclusion and diversity, advocacy, flexibility and engagement.As a company, we have committed to:

  • Achieve gender pay equity by 2023
  • Increase representation of women from underrepresented groups in all regions and affiliates
  • Reach representation parity for Black women at all levels in the U.S. by 2025
  • Expand business-based flexibility for employees
  • Achieve gender parity on the Board of Directors by 2025
  • Achieve gender parity for women in senior leadership positions globally by 2025
  • Expand women’s leadership development programs
  • Minimize bias and foster a company culture of inclusion and advocacy through engaging employees of all genders and levels globally in discussions, trainings and workshops
  • Support, encourage and engage all women at ELC through the global expansion of the Women’s Leadership Network (WLN) employee resource group
  • Sustain our position a #1 leader in supporting research through the Breast Cancer Research Foundation
  • Launch and expand select philanthropic partnerships in health and education
  • Advocate for equality of opportunity beyond ELC through select partnerships supporting women and girls

Already this past year, we have made progress on these goals, including:

  • Launched a Women’s Initiatives Taskforce to promote gender equality, with participation from leaders across the company
  • Introduced flexible work principles in order to support more balance for personal and family commitments
  • Expanded back-up childcare and eldercare employee benefits to support employees affected by COVID-19 closures
  • Concluded a global gender pay-gap analysis with the end-goal of achieving full equity in all aspects of employment at The Estée Lauder Companies
  • Expanded the Women’s Leadership Network to the U.K./Ireland, EMEA and LATAM
  • Mandated virtual unconscious bias training for all employees in the U.S. and U.K./Ireland
  • Joined the UN Foundation’s Five for 5 Initiative aimed at driving cross-sector progress towards achieving gender equality and empowering women and girls around the world over the next five years
  • Pledged our support to the UN Sustainable Development Goal Number 5 to achieve gender equality and empower all women and girls around the world to reach their full potential

We have incredible leaders around the table at The Estée Lauder Companies. We could not do this without the allyship and support of William P. Lauder and Fabrizio Freda, the unwavering commitment from my Women’s Leadership Network executive co-leads Jane Hertzmark Hudis and Tracey Travis, and the thousands of others inside our organization who live and breathe this work every day.

This Women’s History Month we celebrate our founder, Mrs. Estée Lauder. We also celebrate the women leaders inside and outside our company and the male leaders and allies who are their critical partners.

We don’t take our history for granted.  We see the challenges and opportunities ahead and we know that we must work to advance women, wherever they are.  We take time to celebrate. And then we roll up our sleeves.

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L’ORÉAL RECOGNIZED AS A LEADER IN GENDER EQUALITY https://www.thebeautyinfluencers.com/2021/02/12/loreal-recognized-as-a-leader-in-gender-equality/ https://www.thebeautyinfluencers.com/2021/02/12/loreal-recognized-as-a-leader-in-gender-equality/#respond Fri, 12 Feb 2021 05:43:19 +0000 http://www.thebeautyinfluencers.com/?p=7478 For the fourth consecutive year, L’Oréal has been recognized in Bloomberg’s 2021 Gender- Equality Index (GEI). The 2021 GEI highlights 380 companies across 44 countries and regions and is based […]

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For the fourth consecutive year, L’Oréal has been recognized in Bloomberg’s 2021 Gender- Equality Index (GEI). The 2021 GEI highlights 380 companies across 44 countries and regions and is based on criteria including female leadership and talent pipeline, gender pay parity, inclusive culture and sexual harassment policies.

Jean-Claude Le Grand, Executive Vice-President Human Relations at L’Oréal, says: “This is a recognition of our long-term efforts to empower people of all genders as part of our commitment to Diversity & Inclusion at all levels and in all functions of the company. We are convinced that gender equity is a strategic lever to increase wellbeing at work, fuel creativity and innovation, and boost performance and growth.”

In 2019, women represented 54% of L’Oréal’s leadership positions1, 54% of the Board of Directors and 30% of the Executive Committee.

L’Oréal has also recently been recognized by European Women on Boards among the 15 Top companies out of STOXX Euro 600, as well as ranked 1st by Humpact Emploi France 2020, in the gender equality category. Last year, Equileap ranked L’Oréal in the top 5 of its ranking which assesses the degree of gender equality of more than 3,500 listed companies.

L’Oréal works with two independent organizations: EDGE (Economic Dividends for Gender Equality) and GEEIS (Gender Equality European and International Standard) that conduct in-depth, rigorous audits of current staff and hiring policies for many of its subsidiaries.

Find out more about L’Oréal’s commitment to Diversity & Inclusion. Visit loreal.com

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ESTÉE LAUDER INCLUDED IN 2020 BLOOMBERG GENDER-EQUALITY INDEX https://www.thebeautyinfluencers.com/2020/01/21/estee-lauder-included-in-2020-bloomberg-gender-equality-index/ https://www.thebeautyinfluencers.com/2020/01/21/estee-lauder-included-in-2020-bloomberg-gender-equality-index/#respond Wed, 22 Jan 2020 03:32:29 +0000 http://www.thebeautyinfluencers.com/?p=5885 The Estée Lauder Companies has announced that it is one of 325 companies across 50 industries included in the 2020 Bloomberg Gender-Equality Index (GEI). Marking the company’s third consecutive year […]

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The Estée Lauder Companies has announced that it is one of 325 companies across 50 industries included in the 2020 Bloomberg Gender-Equality Index (GEI). Marking the company’s third consecutive year named to the GEI, this acknowledgement recognizes ELC’s commitment to an inclusive culture and collaborative workplace, as well as to driving action and change.

The GEI tracks the financial performance of public companies committed to supporting gender equality through policy development, representation, and transparency. The reference index measures gender equality across five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro- women brand. This year, Bloomberg expanded the eligibility for inclusion in the index to nearly 6,000 companies across 84 countries and regions.

“The Estée Lauder Companies is honored to be included in the Bloomberg Gender-Equality Index for the third consecutive year”, said William P. Lauder, Executive Chairman. “Our organization’s strength is rooted in the collective diversity of our global workforce, and we are proud to be a part of such an important conversation around transparency, progress and action around gender equality.”

“At The Estée Lauder Companies, we understand that true success – both short-term and long-term – comes from diversity of thought and collaboration amongst our employees. 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.

Through disclosure of gender-related metrics using the GEI framework, the firms included in the 2020 GEI have provided a comprehensive look at their investment in workplace gender equality and the communities in which they operate. ELC was included in this year’s index for scoring at or above a global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across the framework’s five pillars.

To learn more please visit the GEI website.

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