The Estée Lauder Companies Named Number One Company For Multicultural Women By Seramount

The Estée Lauder Companies (ELC) has been named the number one company for multicultural women by Seramount. Seramount’s Best Companies for Multicultural Women is the premier list of organizations in corporate America dedicated to using best practices in hiring, retaining, and promoting multicultural women in the United States. ELC has earned the number one spot on the 2024 list out of 80 organizations in total. For more than 20 years, Seramount’s Best Companies for Multicultural Women has tracked corporations’ progress in creating cultures that encourage multicultural women to join and rise through the ranks. This year’s survey continued to assess progress for women by specific racial/ethnic groups as well as factors influencing that progress, including mental health, inclusive policies, and participation in mentoring and sponsorship programs.

Last month, Marilu Marshall, Global Chief Inclusion, Diversity & Equity Officer and Senior Vice President of Executive Management, and the ID&E Center of Excellence team proudly represented ELC at the 22nd Annual Multicultural Women's National Conference hosted by Seramount in Chicago. The conference brought together more than 600 DEI corporate leaders, both in person and virtually, for a dynamic event dedicated to learning, connecting, and advancing women of color and their allies. Attendees engaged in valuable networking opportunities, one-on-one career coaching, insightful learning sessions, and captivating live performances.

Additionally, ELC sponsored the Beauty Bar, offering makeup touch-ups for attendees and activations from some of its brands, including M·A·C, Estée Lauder, Jo Malone London, and Too Faced. This sponsorship not only enhanced the conference experience but also underscored the company's commitment to beauty, inclusion, and diversity.

In accepting the 2024 Multicultural Women’s Award on behalf of ELC, Marilu said, "It's a privilege to be recognized as the number one company for Multicultural Women in 2024 by Seramount. This acknowledgment is a testament to our ongoing dedication at ELC to recruit, advance, and retain women in the workforce while fostering a culture of belonging. We aim to build a thriving environment for all, especially women of color, by providing access to mentors, sponsors, networking opportunities, and comprehensive policies to prevent bias and discrimination. Our benefits and programs acknowledge family obligations, and we are committed to ensuring equitable professional development and advancement across the organization.”

Marilu and the ID&E Center of Excellence’s participation at the conference exemplified The Estée Lauder Companies' ongoing dedication to fostering an inclusive and equitable workplace, further solidifyingourposition as a leader in the ID&E space.

“Companies continue to recognize the importance of recruiting and retaining multicultural women,” said Subha V. Barry, President of Seramount. “While there is still work to be done to increase representation, we celebrate the efforts of these 80 companies in fostering inclusive workplace environments with strong career development strategies and comprehensive DEI programs to support this critical talent pool.”

Best Companies Workforce Composition
The 2024 Best Companies for Multicultural Women employ about 2.3 million people at 30,833 work sites in every state across 18 industries: chemical, consumer products, education, financial or property and casualty insurance, financial services, health insurance, hospitality, hospitals/health care, legal, manufacturing, media, Internet, advertising, nonprofit/not-for-profit, pharmaceuticals, professional services/management consulting/accounting, retail and apparel, science/technology/engineering/aerospace/medical devices, telecommunications, and utilities.

Read the full list of companies.

Methodology
The Best Companies for Multicultural Women application includes 545 questions on representation; hiring, attrition, and promotion rates; recruitment, retention, and advancement programs; and company culture. The scoring algorithm is based on the previous year’s benchmark results, which then determine the winners.

About Seramount
Seramount is a strategic professional services and research firm dedicated to supporting high-performing, inclusive workplaces. Over four decades, they have established a strong, data-driven understanding of the employee experience, which lays the groundwork for everything they do. Seramount partners with over 450 of the world’s most influential companies, large and small, to offer pragmatic solutions including best practice DEI research, workplace assessment, employee learning and development, and talent sourcing. These offerings empower companies to navigate a dynamic corporate environment and to cultivate a resilient, connected workforce that achieves extraordinary outcomes.

CONTACTS

Solange Rodriguez, solrodri@estee.com

Seramount

Stefanie McNamara, Seramount, stefanie.mcnamara@seramount.com

Ashleigh Murray, Seramount, ashleigh.murray@seramount.com