Forbes: Meet The World’s Top Companies For Women 2023
Forbes ranked The Estée Lauder Companies (ELC) number two on its list of the world’s top companies for women. It cites ELC’s long standing partnership with Student Leadership Network to invest in girls and gender expansive youth as one of its factors for the ranking.
By Rachel Rabkin Peachman
Photo from ELC of Jane Lauder and Audrey Brady speaking at a company event.
Published on Forbes October 31, 2023
ELC’s representation of women in leadership roles backs them up: half of the company’s global regions are led by women; 59% of vice president positions and higher are held by women; and all six of its research and development innovation centers are helmed by women. Perhaps more telling: while women make up only 29.2% of STEM workers globally per the World Economic Forum’s (WEF) 2023 Global Gender Gap Report, female workers account for more than 60% of ELC’s scientists, engineers and technical professionals.
ELC rose in the ranks this year (up from No. 6 last year) not only for the opportunities it affords its own employees—through leadership programs, skills trainings, mentor relationships and more—but also for the investment the company makes in girls and women in communities across the United States. ELC has partnered with the Student Leadership Network and the Young Women’s Leadership Schools for nearly 20 years to help girls and gender expansive youth from underserved areas access college, career, leadership, and mental health resources.
