Industry News

The Estée Lauder Companies Named No. 1 Company For Multicultural Women

L’Oréal ranks in top 10, and others place in Seramount’s annual ranking.

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By: Christine Esposito

Editor-in-Chief

The Estée Lauder Companies (ELC) has been named the number one company for multicultural women by Seramount, taking the top spot this year out of 80 organizations.

Seramount’s Best Companies for Multicultural Women is a list of organizations in corporate America dedicated to using best practices in hiring, retaining, and promoting multicultural women in the US.

Seramount tracks 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.

“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,” said Marilu Marshall, global chief inclusion, diversity and equity officer and SVP of executive management at ELC. ” 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.”

The Top 10

L’Oréal was a top 10 company on this year’s list.

“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.”

Ranked Household, Personal Care & Beauty Companies

Other companies in Happi’s orbit that were ranked on Seramount’s 2024 Best Companies for Multicultural Women list were:

• BASF

• Benefit

• Colgate-Palmolive

• GSK

• Haleon

• Sephora

 Unilever

Multicultural Women’s National Conference

Marshall accepted the 2024 Multicultural Women’s Award on behalf of ELC. She, and the ID&E Center of Excellence team, 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.

At the conference, ELC sponsored the Beauty Bar, offering makeup touch-ups for attendees and activations from some of its brands, including MAC, Estée Lauder, Jo Malone London and Too Faced.

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