Estée Lauder launches fund to support female leadership
Estée Lauder has announced the launch of its Estée Lauder Emerging Leaders Fund, hoping to support a new generation of emerging women leaders and challenge the gender stereotypes of leadership.
The fund aims to support global organisations that provide opportunities for leadership development, cultivate supportive communities and advocate for emerging leaders. With global nonprofit Vital Voices as the inaugural program partner, the program will commence in July 2022.
Estée Lauder has made an initial $1 million investment into the fund, with additional grants to be announced in the coming year.
Stéphane de La Faverie, Group President at The Estée Lauder Companies and Global Brand President at Estée Lauder, said: "Through the work of the Estée Lauder Emerging Leaders Fund and its program partners, we will champion women to contribute and lead in their workplaces and communities. We want to redefine what it means to be a leader and what it takes to lead. We want to see more women like Mrs. Estée Lauder in the world.”