93 SUSTAINABILITY PACKAGING We are proud to partner with The Estée Lauder Companies to We are proud to partner with The Estée Lauder Companies to help them achieve their ambitious sustainability goals. Together, help them achieve their ambitious sustainability goals. Together, we can provide a shining example of what is possible today—not we can provide a shining example of what is possible today—not years in the future—to advance the circular economy. years in the future—to advance the circular economy. SCOTT BALLARD SCOTT BALLARD Division President of Plastics, Eastman Division President of Plastics, Eastman “ “ “ “ INCREASING THE USE OF RECYCLED PLASTICS IN LUXURY COSMETICS PACKAGING In fiscal 2021, we entered into an agreement with Eastman, a specialty materials provider to enable us to begin incorporating packaging solutions enabled by Eastman’s molecular recycling technologies and portfolio of Renew resins with up to 100% certified recycled content. * This is the first sustainability-based agreement between Eastman and a major prestige beauty house and will help drive the increased use of recycled and/or recyclable plastics in luxury cosmetics packaging. *The recycled content is achieved by allocating the recycled waste plastic to Eastman Renew resins using a mass-balance process certified by ISCC.
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