Mary Kay Inc. Welcomes Global Diversity Month With Release of Company Statement on DEI and DEI Summit
Mary Kay Inc., a long-standing champion and global advocate for women’s empowerment and gender equality, has released a Diversity, Equity and Inclusion (DEI) statement celebrating Global Diversity Awareness Month and hosted a Diversity, Equity and Inclusion Summit in conjunction with World Inclusion Day.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221010005616/en/
Julia A. Simon, Chief Legal and Chief Diversity & Inclusion Officer at Mary Kay (Photo: Mary Kay Inc.)
Through these efforts, Mary Kay is holding itself accountable to its DEI commitments which are centered around three fundamental concepts: understanding through Knowledge, demanding Action, and ensuring sustainable transformative Change within our company, across our business partners and in the communities we serve.
“Mary Kay has operated with an intention to challenge the status quo since its inception, opening doors for women and diverse groups since 1963. We believe the private sector has a fundamental role to play in bringing about social change. Through our corporate actions, we are committed to advancing diversity and ensuring inclusivity in our company. We recognize the fight for equality stretches beyond our walls which is why we champion efforts in communities we touch around the globe,” said Julia A. Simon, Chief Legal and Chief Diversity & Inclusion Officer at Mary Kay.
Company Statement on Diversity, Equity and Inclusion
Our Position
As a global company, we believe our diversity is a strength which fosters innovation and growth. We strive to lead by our founding values and purpose, celebrating diversity, and cultivating an inclusive workplace and society for nearly 60 years.
Founded by a woman who defied her era’s gender norms and broke barriers at a time when barely a third of American women were in the workforce, DEI is at the heart of Mary Kay’s mission to advance women’s economic empowerment and gender equality.
Internally, we are committed to advancing diversity and ensuring everyone has a voice in our company. Present in nearly 40 markets, we believe DEI is key to how we operate, and over the years, we have taken concerted measures to integrate DEI as a core strategy to our business growth. We seek to create an environment where individuals can express and share different thoughts, experiences and perspectives ensuring they feel seen, heard, and respected.
Our 10-year Sustainability Strategy, Enriching Lives Today for a Sustainable Tomorrow , pursues a holistic approach to DEI and is centered around three fundamental concepts: Knowledge, Action, and Change.
Through concrete steps and partnerships, we are continuously working toward realizing a more inclusive, diverse and equitable culture in our company and in our communities. We are committed to supporting DEI efforts and reaching our goal to understanding through knowledge, demanding action, and ensuring sustainable long-lasting change through the following internal focus areas:
Advancing DEI at Mary Kay
- Employee Training & Engagement
- Diverse Product Portfolio
- Supplier Diversity & Inclusive Procurement
- Social Risks in the Supply Chain
Women’s Representation and Leadership
Leading by example and reflecting our belief in the value of increased women’s representation and leadership in the workplace, Mary Kay is putting our values and commitments into action:
(Data from August 2022)
- 62% Global Workforce are Women
- 54% Executive Team are Women; 38% are BIPOC
- 53% Vice Presidents and above are Women
- 57% Directors and above are Women
- 59% Managers and above are Women
- 70% Market Leaders are Women
- 60% of the leadership positions in our Top 10 Markets are held by Women
Gender-Responsive Procurement & Supplier Diversity
(U.S. only supply chain data from February 2021)
- 66% of our Procurement Team are Women
- 12% of our Indirect Suppliers are Women, Minority or Veteran-Owned
- 5% of our Direct Suppliers are Women, Minority or Veteran-Owned
Employee Retention
- 41% of Global Mary Kay employees have been with the company for over 10 years
- 47% of U.S. Mary Kay employees have been with the company for over 10 years
Alignment with Global Standards
In 2019, Mary Kay signed the Women’s Empowerment Principles and in 2021 the company became a Commitment Maker to the Generation Equality Forum Action Coalitions to accelerate progress on gender equality to advance the Sustainable Development Goals. Recognizing the need to keep moving forward, Mary Kay is participating in the 2022-2023 UN Global Compact Target Gender Equality Accelerator Programme to continue the implementation of ambitious corporate targets for women’s representation and leadership in the company and in our supply chain.
Addressing Gender and Racial Disparities
We know the fight for equality stretches beyond our walls which is why we support efforts in our communities to combat racial and gender disparities. Through our external partnerships and collaborations, we are committed to addressing racism and discrimination, and pursue an intersectional approach focused on dismantling the barriers to opportunities for women and girls from minority backgrounds.
Impact Support through our External Partnerships
- Addressing gender-based violence
- Strengthening women’s leadership and participation
- Promoting equity in educational opportunities
- Addressing bias in emerging technologies
-
Advancing entrepreneurial opportunities for women
- Addressing the gender digital divide
-
Supporting gender-responsive procurement
We are expanding our partnerships to create an enabling ecosystem for women entrepreneurs, including under-represented minority women, by strengthening gender-responsive procurement, and bridging the gender digital divide through the Women’s Entrepreneurship Accelerator. With the Network for Teaching Entrepreneurship’s World Series of Innovation, we are supporting emerging young social entrepreneurs aged 13-24 to address a specific SDG or 21st century business challenge. Joining forces with the WE Empower UN SDG Challenge, we are advancing social and gender responsive entrepreneurship; and we are contributing to localizing the Sustainable Development Goals through rural women’s entrepreneurship in developing contexts in collaboration with the United Nations Development Programme.
Through our partnership with the Congressional Black Caucus Foundation’s National Racial Equity Initiative for Social Justice, we are supporting racial equity and human rights through research and public policy in the context of criminal justice reform. To address barriers to educational opportunity, we annually partner with the Society of Cosmetic Chemists in support of under-represented minority students pursuing higher education in STEM through their Madam C.J. Walker scholarships.
Recognizing the disproportionate impact of violence on women and girls, we are responding to the scourge of gender-based violence in conflicts and disaster settings through our global partnerships with CARE and the UN Trust Fund to End Violence against Women. We are also advancing women’s representation and leadership in public life and in climate action through our partnerships with the International Women’s Forum and The Nature Conservancy.
Finally, we are addressing potential gender bias in new technologies with the Equal Rights Trust and working to ensure that AI technology is designed to foster diversity and inclusion.
For Mary Kay, Diversity, Equity and Inclusion are not just words – they are how we are able to deliver on our purpose to enrich women’s lives around the world. Through our corporate efforts to achieve our DEI commitments and by partnering with change-makers around the world to address gender and racial injustices, we are taking action and ensuring transformative change in our company, across our business partners and in the communities we serve.
ABOUT MARY KAY
One of the original glass ceiling breakers, Mary Kay Ash founded her dream beauty company in 1963 with one goal: enriching women’s lives. That dream has blossomed into a multibillion-dollar company with millions of independent sales force members in nearly 40 countries. As an entrepreneurship development company, Mary Kay is committed to empowering women on their journey through education, mentorship, advocacy, networking, and innovation. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skincare, color cosmetics, nutritional supplements, and fragrances. Mary Kay believes in enriching lives today for a sustainable tomorrow, partnering with organizations from around the world focusing on promoting business excellence, supporting cancer research, advancing gender equality, protecting survivors of domestic abuse, beautifying our communities, and encouraging children to follow their dreams. Learn more at marykayglobal.com, find us on Facebook, Instagram, and LinkedIn, or follow us on Twitter.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221010005616/en/
Contact information
Mary Kay Inc.
media@mkcorp.com
+1-972-687-5332
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
LTIMindtree, Eurobank and Fairfax Digital Services Collaborate to Build Digital Innovation Hub in Cyprus16.5.2025 10:00:00 EEST | Press release
LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, has announced the opening of its Digital Innovation Hub at the Research and Innovation Hub of CYENS Center of Excellence. The LTIMindtree Digital Innovation Hub will enable ideation, co-creation and implementation of Advanced Digital Solutions for Eurobank, Fairfax and other EU customers and aligns with the strategic vision of the Cyprus Government to strengthen Cyprus’ role as a regional tech and innovation hub, triggering unique cross-border opportunities for tech collaborations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250515054331/en/ Srini Rao EVP & Chief Business Officer- Europe, LTIMindtree | Mr. Nikodemos Damianou, Deputy Minister of Research and Innovation, Govt of Cyprus | Mr. Fokion Karavias, Group CEO, EUROBANK Group | Mr. Sanjay Tugnait, President & CEO, Fairfax Digital along with other esteemed client execu
ROYC Acts as the Structuring and Financial Technology Partner for Riverside for European Wealth Access Fund16.5.2025 09:30:00 EEST | Press release
ROYC, the leading provider of complete private markets operating systems, announces the structuring of a new access fund for Private Wealth launched in collaboration with The Riverside Company. The Riverside Company is a global private equity firm focused on investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more than 1,000 investments and today has over $12 billion in assets under management. The firm's international private equity and structured capital portfolios include more than 140 companies. The Riverside’s proven investment strategy of acquiring and developing high-potential European SMEs in resilient, growth-oriented sectors, including technology and software, healthcare, advanced manufacturing and consumer products. “This fund represents a unique opportunity for wealth investors to access value creation generally reserved for institutional investors,” says Karsten Langer, Managing Partner at Riverside Europe and contin
Rimini Street Announces Upcoming 2025 Investor Conference Schedule15.5.2025 23:51:00 EEST | Press release
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that Michael L. Perica, chief financial officer, and Dean Pohl, vice president, treasurer and investor relations, will be presenting and meeting with investors one-on-one and in small group meetings at the following conferences: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250515374696/en/ Rimini Street Announces Upcoming 2025 Investor Conference Schedule May 28, 2025: Craig-Hallum 22nd Annual Institutional Investor Conference, Minneapolis May 29, 2025: TD Cowen 53rd Annual TMT Conference, New York City Fireside Chat: 1:15 pm Eastern, webcast link June 24-26, 2025: Roth 15th Annual London Conference, London To schedule a meeting please contact your salesperson or Rimini Street Investor Relations at IR@rimin
Incyte Announces FDA Approval of Zynyz ® (retifanlimab-dlwr) Making it the First and Only Approved First-Line Treatment for Advanced Anal Cancer Patients in the United States15.5.2025 21:30:00 EEST | Press release
Incyte (Nasdaq:INCY) today announced that the U.S. Food and Drug Administration (FDA) has approved Zynyz® (retifanlimab-dlwr), a humanized monoclonal antibody targeting programmed death receptor-1 (PD-1), in combination with carboplatin and paclitaxel (platinum-based chemotherapy) for the first-line treatment of adult patients with inoperable locally recurrent or metastatic squamous cell carcinoma of the anal canal (SCAC). In addition, the FDA granted approval for Zynyz as a single agent for the treatment of adult patients with locally recurrent or with metastatic SCAC with disease progression on or intolerance to platinum-based chemotherapy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250508024371/en/ Zynyz logo "The FDA approval of Zynyz marks a pivotal moment, bringing effective combination and monotherapy treatment options to patients with advanced anal cancer after decades of limited innovation," said Hervé Hoppenot,
DDC Announces Record 2024 Growth and Strategic Bitcoin Reserve Initiative in Shareholder Letter by Founder & CEO Norma Chu15.5.2025 21:23:00 EEST | Press release
DDC Enterprise Ltd. (NYSEAM: DDC), today released its 2024 full year results alongside a Shareholder Letter from Founder, Chairwoman, and CEO Norma Chu, underscoring the company’s positive financial performance and unveiling a pioneering Bitcoin accumulation strategy poised to redefine long-term value creation. To Our Valued Shareholders, 2024 was a year of transformative growth and strategic milestones for DDC. I am thrilled to share that we not only met our financial forecasts but exceeded expectations, delivering strong performance across key metrics while laying the groundwork for an even more exciting future. As we enter 2025, our momentum is accelerating, driven by disciplined execution and a bold new chapter in our corporate strategy. 2024 Financial & Operational Highlights Revenue Growth: USD 37.4 million, a 33% year-over-year increase, propelled by the strategic acquisition of U.S. brands and sustained resilience in our core China operations. Margin Expansion: Gross profit mar
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom