1、CORPORATE RESPONSIBILITY REPORT 2014THEOFThis is our fourth Corporate Responsibility(CR)report.It covers our performance from FY2013 to FY2014,ending June 30,2014.We have used the Global Reporting Initiative(GRI)G4 guidelines as a reference in preparing this report.This report contains Standard Disc
2、losures from the GRI Sustainability Reporting Guidelines,which are listed beginning on page 57.Please see our Annual Report and SEC filings for more information on our business performance.ABOUT THIS REPORT2THE ESTEE LAUDER COMPANIES ABOUT THIS REPORT3THE ESTEE LAUDER COMPANIES CONTENTLETTER FROM WI
3、LLIAM P.LAUDER 4MESSAGE TO STAKEHOLDERS 5OUR COMPANY AT-A-GLANCE 6GOVERNANCE AND ETHICS 7SOURCING 14OPERATIONS 21RESEARCH AND DEVELOPMENT 30CONSUMERS 35OUR PEOPLE 38SOCIETY 50GRI INDEX 57CONTENT4THE ESTEE LAUDER COMPANIES WILLIAM P.LAUDERThe success of The Este Lauder Companies is a direct result of
4、 our unique culture that values diversity of thought and people,encouraging an inclusive workplace of unrivaled creativity,innovation and integrity in everything we do.Corporate Responsibility(CR)is about how we do business.How we create long-term value and continually deliver a sustainable business
5、 model.How we identify opportunities and risks in a fast-changing world and innovate to continue meeting the expectations of our global consumers.How we build our business by effectively listening and responding to our consumers,our employees,as well as our business and community partners.This past
6、year marks an important milestone for our Company.We established a dedicated CR function to develop and drive a global CR strategy that maximizes our trusted heritage and the passion of our people to deliver the greatest value to our business and to those we serve.Our global growth is built on the t