Nancy Mahon, Chief Sustainability Officer, The Estée Lauder Companies

As the company’s CSO, Nancy will continue to focus on the strategic integration and implementation of ELC’s sustainability initiatives, as well as ESG reporting across the organization.  She will also continue to serve as Executive Director of The Estée Lauder Companies’ Charitable Foundation. Nancy will also remain a member of ELC’s ESG Management Committee.

“Sustainability has long been central to how The Estée Lauder Companies and its brands have operated, and is a key part of our corporate strategy,” said Freda. “We are committed to continuously evolving to drive our sustainability initiatives forward and helping to innovate and connect at both local and global levels, ultimately positioning us well to succeed in a changing global economy. Appointing Nancy to Chief Sustainability Officer is an example of our company’s ambition and focus on these initiatives.”

“Now more than ever, we have a responsibility to help drive progress, and we are dedicated to our sustainability initiatives throughout the value chain,” said Lauder. “Nancy is a trusted leader with a track record of winning results, and we look forward to her continued success as Chief Sustainability Officer.”

Appointed Senior Vice President, Global Citizenship and Sustainability, in 2014, Nancy has collaborated with leaders across ELC to develop a strategy for ELC’s climate and environmental initiatives, with a focus that includes energy, emissions, packaging, and ingredient traceability.

Under Nancy’s leadership in this capacity, the company has extended its efforts to reduce environmental impacts across operations and throughout the value chain. Notably, ELC has focused on addressing climate change through targets to help reduce greenhouse gas (GHG) emissions, and has implemented strategies to help minimize waste generation and disposal and water use. Moving forward, under Nancy’s leadership, ELC’s sustainability strategy will continue to focus on innovative solutions to gain efficiencies and reduce impact at various stages of our products’ life cycles.

Nancy joined ELC as Vice President, M•A•C Cosmetics and Executive Director of M•A•C AIDS Fund (now known as the M•A•C Viva Glam Fund) in 2006 for philanthropy in this initiative. In recognition of M•A•C’s proven leadership for this cause, Nancy was appointed by President Obama as Chair of the President’s Advisory Council on HIV/AIDS in 2011.

She was promoted to Senior Vice President, M•A•C Cosmetics, in 2009. In 2011, she was named Senior Vice President for Philanthropy and Social Initiatives, assuming responsibility for cause-marketing programs for Bobbi Brown, Jo Malone London, and La Mer, in addition to M•A•C.

Outside of ELC, Nancy has served as Private Delegate to the UN Commission on Women and is a Founding Member of the National Institute of Medicine’s Forum on Global Private Public Partnerships.

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ELC employees volunteer at the Fresh Air Fund

“The Estée Lauder Companies has long been committed to global citizenship and environmental stewardship, but in recent years, we have taken steps to amplify our response to climate change,” said William P. Lauder, Executive Chairman of The Estée Lauder Companies. “Putting sustainability at the core of our business, we are building a company that is proactive and resilient and that is responding rapidly in times of need.”

This is a critical decade for climate action and, as a signatory of the Paris Agreement, The Estée Lauder Companies is part of the global business community committed to taking bold action to address climate change. “We’ve detailed a robust climate mitigation strategy that is fully integrated across every brand, function and region,” said Fabrizio Freda, President and Chief Executive Officer. “It is this integrated strategy that enables us to remain agile in making progress against a challenging backdrop.”

Though the timeframe for climate change may seem less critical than the current health crisis, it is just as urgent. ELC is devoted to making progress now. The company set ambitious sustainability goals for 2020, is on track to achieve them, and has its sights set on progressing its climate mitigation strategy through 2030. After signing onto RE100 in 2018 with the aim of achieving 100% renewable electricity by the end of 2020, ELC reached this goal in the US and Canada one year ahead of schedule. Now, the company is on track to hit both 100% renewable electricity and Net Zero carbon emissions at the global level by the end of 2020. This progress is thanks to the tireless work of change agents across the company, and the rapid expansion of ELC’s renewable energy portfolio.

The impact of COVID-19 has been felt across global energy markets, and with climate change set to bring increased volatility, it is urgent that corporations invest in developing a diverse and flexible mix of energy solutions to meet their needs through renewable sources. ELC has invested in a portfolio of green energy solutions from building on-site solar arrays at ELC facilities to bringing new renewable energy sources to the electric grid. In November 2019, ELC signed a virtual power purchase agreement (VPPA) for the Ponderosa wind farm in Beaver County, Oklahoma, making it the first prestige beauty company to execute a VPPA and sealing the company’s largest renewable energy agreement to-date. Later this year, ELC will go live with a 1.4 Megawatt ground-mounted solar array at its Melville, New York campus, producing more than 1,800 MWh of solar electricity annually from 4,224 panels.

Looking ahead, the company is working with expert partners to set science-based targets (SBTs) for emissions reduction throughout its value chain, reinforcing its commitment to the Paris Agreement by aligning its carbon reduction targets to the current scientific consensus to keep global temperature rise below 2 degrees Celsius. As it works toward this ambitious goal, ELC will continue to tackle climate change as part of the collective effort to safeguard the world for this generation and those to come.

“Faced with immense challenges, we see that social good and environmental good are inextricably linked,” said Nancy Mahon, Senior Vice President, Global Corporate Citizenship and Sustainability at The Estée Lauder Companies. “As we look towards recovery, one thing is clear. We will emerge from this crisis together, united with our global community. We all have the potential to act as springboards for collective action. Together, we can create a powerful force for good.”

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Nancy Mahon, Senior Vice President, Global Corporate Citizenship and Sustainability, The Estée Lauder Companies

Last fall, The Estée Lauder Companies became the first cosmetics manufacturer to sign a virtual power purchase agreement in pursuit of its 2020 net-zero carbon emission goal — the contract for a wind farm in Oklahoma will cover more than half of the company’s global electricity consumption.

It’s the latest in a series of new initiatives introduced by Nancy Mahon, who studied law at Yale and New York University, since she moved over from a philanthropic role at MAC Cosmetics six years ago. During that time, her team has launched innovative recycling options and taken a                                                                                     leadership position within the industry.

One of the most potentially transformational examples: The Estée Lauder Companies is developing and has begun implementing biodiversity and action plans for priority ingredients deemed sensitive from a responsible sourcing standpoint. The company is also funding HERProject, a BSR initiative aimed at supporting low-income women in global supply chains.

“At Estée Lauder Companies, we believe that the answers to complex community issues that exist within global supply chains usually lie within the communities themselves and that we as [a] business must stop, listen and learn to make the change that is truly meaningful and sustainable,” Mahon said last year at a U.N. awards ceremony during Climate Week NYC.

To read GreenBiz.com’s 25 Badass Women Shaking Up The Climate Movement in 2020 by Heather Clancy, click HERE

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