1、 INSPIRED BY BEAUTY DRIVEN BY OUR VALUESOUR PROGRESS ON CITIZENSHIP AND SUSTAINABILITY IN FISCAL 2017INSPIRED BY BEAUTY DRIVEN BY OUR VALUES3LETTER FROMNANCY MAHONGOVERNANCEIn partnership with The Este Lauder Companies senior leadership,Nancy Mahon,Senior Vice President,Global Corporate Citizenship
2、and Sustainability(GCCS)is responsible for setting the Companys strategy,activities,and policies regarding citizenship and sustainability;she sits on the Companys Extended Executive Leadership team and reports directly into our Executive Chairman,William P.Lauder,and our President and Chief Executiv
3、e Officer,Fabrizio Freda.GCCS works closely with brands,regions,and functions to advance the Companys citizenship and sustainability practice by engaging with key industry stakeholders,deploying best-practice insights and facilitating integration of this work across the organization.Progress on Sust
4、ainability is reported to the Audit Committee of the Board of Directors.On behalf of The Este Lauder Companies 46,000 employees worldwide,I am honored and proud to share our progress on citizenship and sustainability.This report highlights our goals,successes and opportunities in fiscal 2017,and it
5、demonstrates our unwavering commitment to uphold the Lauder family values in our decisions and actions every day.To us,living these values means infusing them into our culture,our social investments and our sustainable design practices.In the past year,we created new and bolstered existing programs
6、and projects to build a more beautiful and sustainable world for our employees,consumers and communities.We promoted a welcoming workplace to foster diverse talent and thinking.By expanding development programs,we enabled employees to grow their careers so we can attract,retain and develop the best