38 SOCIAL IMPACT INCLUSION, DIVERSITY & EQUITY GENDER EQUALITY The spirit of our founder, Mrs. Estée Lauder, serves as our greatest inspiration. When she placed her name on a jar of her signature cream 75 years ago, she reimagined what was possible for women to achieve and made history—creating a company based on the principles of equality and women’s advancement. Advancing women both within our organization and around the world continues to be one of our core areas of focus. Today, we see incredible women across our organization at every level, leading from every chair. We are part of the United Nations Foundation’s Five for 5 Initiative and have developed a set of commitments aligned with UN Sustainable Development Goal 5, centered around achieving gender equality and empowering all women and girls. These commitments are a part of our 2021 Opening Doors: Women’s Advancement and Gender Equality Strategy, which honors our history and sets our sights on the future by addressing equality of opportunity, equality of leadership, and equality of access to health and education. PARTICIPATION IN GLOBAL EFFORTS FOR IMPACT We participated in the Generation Equality Forum (GEF) in Paris, France, reinforcing our commitment to providing resources to close the gender inequality gap. Led by UN Women and co-hosted by the governments of France and Mexico, the Forum’s goal is to set strategic objectives and drive actionable commitments for transformational change toward the advancement of women and girls around the world. In conjunction with GEF, The Estée Lauder Companies Charitable Foundation announced it is among an initial group of philanthropists and foundations as an inaugural donor to Co-Impact’s new Gender Fund to accelerate progress toward gender equality. The fund aims to raise and invest $1 billion over 10 years, supporting predominantly women-led organizations in the Global South to transform systems, advance women’s power, agency, and leadership at all levels, and shift harmful gender norms. Learn more about our Social Investments on page 42.