Estee Lauder 2011 Annual Report Download - page 6
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We continued to make great progress across the areas of stakeholder engagement, philanthropy and
sustainable innovation. For many years now, I have been personally committed to advancing all of our
corporate responsibility initiatives and I am particularly pleased with our most recent accomplishments.
In October 2010, we released our most comprehensive Corporate Responsibility Report, highlighting the
great efforts of our brands and the important strides we are taking as a company. In the past fiscal year,
through our Breast Cancer Awareness Campaign, the employees and brands of The Estée Lauder
Companies raised more than $6.5 million globally for the Breast Cancer Research Foundation, the
nonprofit organization founded by my mother, Evelyn H. Lauder, to provide critical funding towards
preventing and curing breast cancer. In addition, we achieved $1.75 million in savings from energy
conservation efforts, increased the recycling of our manufacturing waste by an additional 50 percent and
initiated a new company-wide “Green Chemistry Initiative” to measure our progress in reducing our overall
environmental impact over the course of our products’ life cycles, from sourcing to recycling. We truly
believe that what is good for the world is good for our business and we will strive to contribute in positive
ways for years to come.
Responsibility to our world and communities is not only reflected in our pursuit to become a better
corporate citizen, it is also made evident in the everyday actions of the individuals and teams that make up
our workforce. The family values that have been our foundation from the very beginning are reflected in
our culture around the world on a daily basis, from employees who came together to support our
colleagues in Japan during this year’s tragic earthquake to supporting flood victims from the United States
to Australia.
In line with our culture and strategy, we continue to focus on the biggest opportunities for our business,
while simultaneously ensuring that the reputation we have built over our 60-plus years will continue
to set the industry standard for the next 60. I am dedicated to helping lead our Company forward and have
spent much of my time this past year traveling the world to meet with employees, industry leaders and
consumers. Relationships are critical to who we are and, as Executive Chairman, I am committed to
strengthening our relationships with new and existing stakeholders.
4