February 16, 2023
(press release)
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This monthly list celebrates the public officials, business executives, and community leaders who are shaping the future of the city and the state of New York. Power Players in Corporate Social Responsibility Nancy Mahon Senior Vice President of Global Corporate Citizenship and Sustainability, The Estée Lauder Companies Nancy Mahon is a transformational, collaborative leader with deep global experience in leading Environmental, Social and Governance strategy, operations, marketing, reporting and risk reduction. Nancy is a trusted and sought-after advisor, speaker and enterprise ambassador. A senior executive serving on the CEO’s Executive Leadership Team, Nancy helms best practices, synergizing them across brands, regions and functions, integrating ESG operations into the enterprise and ensuring compliance with all local and international laws. Nancy oversees the enterprise wide leadership initiative on sustainability and serves on the Inclusion and Diversity Council. Why is corporate social responsibility important to you and your organization? We see social impact and sustainability as key to not only managing our business for the long term, but also helping to improve the resilience of our broader global communities. Our sustainability strategy focuses on the areas where we can have the biggest impact both in our industry and beyond. How does your organization ensure that CSR flows through all of its areas? I oversee a cross-functional team that drives ELC’s social impact and sustainability strategy, programs, and goals. It’s our job to operationalize these efforts across the company’s brands, regions, and functions. This encompasses everything from expanding our renewable energy portfolio to advancing progress on our racial equity commitments by fostering partnerships with non-profit organizations. We do not do this in a silo. The work only succeeds when everyone is working together to collectively drive progress. What are some of your organization’s specific CSR goals and what social impact do you hope to accomplish? For the past three years, we have achieved carbon neutrality across our Scope 1 and Scope 2 emissions and sourced 100% renewable electricity globally for our direct operations. We continue to embed social impact and sustainability throughout our operations. Some of our key priorities include climate, packaging, sourcing, green chemistry and ingredient transparency, women’s advancement, racial equity, and social impact. How would you describe CSR in three words? CSR isn’t a destination for us — it’s a journey. Industry Intelligence Editor's Note: This release omits select charts and/or marketing language for editorial clarity. Click here to view the full report and here to visit Estée Lauder's media website.
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