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Estee Lauder | SD: Specialized disclosure report

SEC announcement ·  May 29 04:07
Summary by Futu AI
The Estée Lauder Companies Inc. has filed a Form SD with the U.S. Securities and Exchange Commission for the reporting period from January 1, 2023, to December 31, 2023. The report, signed by Executive Vice President of Global Supply Chain Roberto Canevari on May 28, 2024, details the company's compliance with Rule 13p-1 concerning conflict minerals. Estée Lauder, a leading global manufacturer and marketer of skin care, makeup, fragrance, and hair care products, has determined that a minimal number of its products contain conflict minerals necessary for their functionality or production. These products represent less than one percent of the company's annual net sales. Estée Lauder conducted a reasonable country of origin inquiry and due diligence, in line with the OECD...Show More
The Estée Lauder Companies Inc. has filed a Form SD with the U.S. Securities and Exchange Commission for the reporting period from January 1, 2023, to December 31, 2023. The report, signed by Executive Vice President of Global Supply Chain Roberto Canevari on May 28, 2024, details the company's compliance with Rule 13p-1 concerning conflict minerals. Estée Lauder, a leading global manufacturer and marketer of skin care, makeup, fragrance, and hair care products, has determined that a minimal number of its products contain conflict minerals necessary for their functionality or production. These products represent less than one percent of the company's annual net sales. Estée Lauder conducted a reasonable country of origin inquiry and due diligence, in line with the OECD Due Diligence Guidance, to ascertain if any conflict minerals originated from the Democratic Republic of the Congo or adjoining countries. The inquiry revealed that 11 smelters may source tin from these regions, with 10 being 'conformant' and one 'in progress' according to the Responsible Minerals Initiative standards. The company's conflict minerals disclosure is also available on its website under the 'Investors - Earnings & Financials - SEC Filings' section.

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