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THE WHAT? The Estee Lauder Firms has named its first Chief Sustainability Officer. Nancy Mahon, former SVP, International Company Citizenship and Sustainability has stepped into the brand new position.
THE DETAILS Mahon will report back to Fabrizio Freda, President and CEO and William P Lauder, Government Chairman. She is charged with the strategic integration and implementation of Lauder’s sustainability initiatives in addition to ESG reporting throughout the group.
THE WHY? Lauder mentioned that the change mirrored the continued evolution of its ambitions and capabilities. As Freda reveals, “Sustainability has lengthy been central to how The Estée Lauder Firms and its manufacturers have operated, and is a key a part of our company technique. We’re dedicated to constantly evolving to drive our sustainability initiatives ahead and serving to to innovate and join at each native and international ranges, finally positioning us effectively to reach a altering international economic system. Appointing Nancy to Chief Sustainability Officer is an instance of our firm’s ambition and deal with these initiatives.”
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