Beauty of Our People

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. We believe that prejudice and discrimination have no place in this world. 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.

Inclusion & Diversity

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 and throughout our whole organization - this includes diversity of gender, ethnicity, ability and sexual orientation. We still have a way to go, but we are making progress towards building a more equal business, and ensuring people can perform at their best.

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 and maximize our diversity, we will be rolling out a roadmap for inclusion. This will include training on the core concepts underpinning an inclusive workplace culture. We will analyse our employee lifecycle through the lens of inclusion to amplify the enablers and overcome the blockers to inclusion from sourcing, selection and recruitment, onboarding and growth to performance management and reward. We want to hear the voices of our associates through listening groups and creating the right conditions for success to enable grassroots inclusion initiatives, and ensure our workplace is truly reflective of the diverse society and consumers we serve. Diversity can only be successful if there is effective inclusion.

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.

We also celebrated International Day Against Homophobia, Transphobia and Biphobia (IDAHOT) and PRIDE, with events including a panel session at our New York office. The session focused on how brands, businesses and employees can be better allies and advocates for the LGBTI community, and featured our Sally Hansen brand campaign in partnership with GLAAD. The partnership included a financial donation to GLAAD to support their work to accelerate LGBTI acceptance, and Sally Hansen launched its Pride Collection to promote self-expression during Pride month and beyond. Other brands supporting LGBTI rights include Wella Professionals, who partnered with Pride at the London, Sydney and Oslo parades. The brand also launched a collection of EIMI Love Edition stylers with a portion of the proceeds being donated to Pride-related charities.

Advocacy

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

Through our partnership, we have supported Global Citizen with their first disability and LGBTI rights campaigns, championing these with our associates and the wider Global Citizen movement.

As part of our commitment to the Charter for Change and to mark International Day of Persons with Disability in 2018, we launched a campaign advocating for disability rights in partnership with Global Citizen. Our sponsored actions called on governments to affirm the principles of the Charter for Change, as well as increasing knowledge on the inequalities through a quiz action. In response to the campaign, the South African government announced its commitment to the Charter for Change in December 2018.

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.

In many places around the world, people are judged and discriminated against because of their race or ethnicity due to misconceptions and prejudice that are ingrained deeply in cultures and societal norms. Regardless of where you are from, everyone deserves the same rights and opportunities as each other. Since we launched the partnership in 2018, we have been using the platform to share the latest news and stories from around the world on racial justice to help raise awareness of the progress made and the action still needed.

Ethical behaviour

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.

Coty has a zero tolerance policy to racism. Our Code of Conduct for Employees prohibits any form of employee discrimination or harassment based on: race, color, religion, age, gender, sexual orientation, disability, national origin, citizenship, marital status, veteran status, or any other characteristic protected by applicable law.

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

Beauty of Our People

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