Beauty of Our People

As a beauty company with a rich heritage and a wide variety of consumer-facing brands, we are committed to creating a more inclusive business and society. By addressing and evolving our own policies and practices, as well as working with partners, we will encourage greater diversity, inclusion and belonging for our employees and society.

Within our business, we want to embrace and celebrate our differences, and create a culture in which our associates bring their whole selves to work. As part of this, we recognise the importance of diversity at a leadership level. We still have a way to go, but we are making progress towards building a gender-balanced business, and ensuring people can perform at their best, irrespective of their background, ethnicity, gender, sexual orientation or ability.

TARGETS:
 
By 2025,

• Accelerate the inclusive training of our teams and maximize our diversity
• Achieve gender balance in our leadership positions*
• Broaden the measurement and reduction of gender pay gaps**
• Continue to support the Charter for Change and make our business more accessible to those with disabilities

*Grade 1-5
**5 biggest markets
 
To make progress against these targets, we will be rolling out training on inclusion, starting with our leaders. Our workforce gender statistics have remained consistent across the last 3 years. We know there is still more to do to achieve gender equality in our business, and with our new target in place, in FY20 we will review our processes and ensure they reflect our belief that equality and diversity makes our business stronger and better serves our customers.

We publish our Gender Pay Gap report each year in the UK, as well as in other markets where required by law. Transparency is key to ensuring we hold ourselves to account, so we will roll out gender pay gap reporting to our 5 biggest markets, covering employees working in central and headquarter functions. If we find imbalances, we will set local targets to remedy these by 2025. 

In 2018, we signed the Charter for Change presented at the Global Disability Summit in July 2018, which ensures the rights, freedoms, dignity and inclusion for all persons with disabilities. We created internal and external campaigns to raise awareness of this commitment and encouraged associates to sign local charters to demonstrate their support. We plan to develop a roadmap to assess internal policies and recruitment processes to improve inclusivity and address the needs of differently-abled employees. 

At Coty, we stand for everyone’s right to live a beautiful life, free from prejudice and discrimination. Since the launch of our social impact program, We Stand For You in 2018, we have provided our associates with the tools and information to take action on global issues such as disability and LGBTI rights, gender equality and the climate crisis.
 
As part of this program, we work with our global advocacy partner, Global Citizen, to challenge norms, stereotypes and fight for change to policies that perpetuate inequality around the world.
 
Our associates are a powerful community for change. Through a dedicated internal platform, they are able to campaign on a range of issues and challenge prejudice by taking digital actions. The platform launched in February 2018, and by the end of June 2019 12,013^✓ actions had been taken by 1,923^✓ Coty associates, representing 14%^✓ of associates who have access.
 
TARGET: Mobilize 500,000 Global Citizen actions behind Coty campaigns by 2025

In June 2019, Coty also supported Global Citizen’s first campaign on LGBTI rights. Launching on IDAHOT, digital actions sponsored by Coty focused on ensuring the UN reaffirmed an independent expert to protect LGBTI rights. Over 23,000 actions were taken by the Global Citizen movement in support of this campaign. In response, the UN announced it would reappoint this position helping to ensure LGBTI rights around the world in October 2019. Other actions included an educational quiz to raise awareness of the links between LGBTI and extreme poverty, and encouraging world leaders to fund the Inclusion Index to collect data on LGBTI communities.

We believe that everyone has the right to be treated with dignity and respect, and we are committed to respecting and promoting human rights throughout our own operations and extended supply chain. Within our own business, we want to ensure that all our employees work in a safe environment based on equal opportunity, free from discrimination or harassment.
 
TARGET: By 2025, ensure 95% of associates complete compliance training annually
 
Our global compliance program, ‘Behave Beautifully’, is designed to detect and prevent violations of the law and promote a culture of ethical business practices. With the support of our senior leaders, our compliance training sets out our standards across a number of areas including anti-bribery and corruption, competition law, data privacy, preventing harassment and discrimination – amongst many others. In FY19, 12,625^✓ employees were trained in one or more compliance modules, and we will increase our capacity to deliver the training in FY20.
 
^✓ Limited assurance provided by KPMG