Estée Lauder’s Travel Retail Unit Sets New Sustainability Targets
Prestige beauty company Estée Lauder announced today that it has established a new set of sustainability goals for its travel retail unit, focused on the key categories of emissions, energy and waste.
Travel Retail is one of the company’s highest growth channels, reaching more than a billion consumers per year, and includes Estée Lauder’s duty-free operations in airports, downtown locations, airlines, cruises, and border shops.
Olivier Bottrie, Global President, Travel Retail and Retail Development, The Estée Lauder Companies, said:
“The Estée Lauder Companies and its brands have made great strides to ensure we continue to be a company rooted in values and it is important that we do our part in Travel Retail to uphold this vision. By implementing sustainability goals for Travel Retail, we are furthering the company’s commitment to the environment and demonstrating to travelers how we are making a positive impact in this space. We look forward to continuing the necessary work to lead in this space and sharing our progress with our employees and consumers.”
The new goals launched by the prestige beauty company include emissions targets to achieve net zero carbon emissions for transportation to Travel Retail customers, and for all Corporate Travel Retail Worldwide Business Air Travel by the end of fiscal year 2023. Waste reduction initiatives include reducing plastic usage by removing plastic film-wrap from Travel Retail Exclusive outside cartons by 2023, and transitioning Travel Retail Exclusive (TREX) paper cartons to responsibly sourced FSC-certified board by 2025. The company also introduced goals to incorporate sustainability practices in Travel Retail new store design and visual merchandising across all brands, including with respect to materials starting in fiscal year 2021, and to deploy sustainability practices across all Travel Retail office locations by the end of fiscal year 2023.
Today’s announcement follows Estée Lauder’s launch in November of science-based emissions reduction targets covering the company’s direct operations and value chain, including commitments to commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030, and scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, and business travel 60% per unit revenue over the same timeframe. The company also announced the achievement of several climate milestones at that time, including reaching net zero emissions and sourcing 100% renewable electricity globally for its direct operations.
Nancy Mahon, Senior Vice President, Global Corporate Citizenship and Sustainability, The Estée Lauder Companies, said:
“The Estée Lauder Companies’ commitment to citizenship and sustainability reflects our belief that our long-term business success depends on our ability to make conscious decisions to embed sustainable practices across our entire value chain. We feel confident that the ambitious steps our Travel Retail team is taking will not only accelerate progress towards our company’s sustainability goals, but will also make a tangible impact on the Travel Retail industry, enabling consumers to make more environmental choices.”