Under the new global policy, from 1 November, all Coty employees will have access to the same number of fully paid weeks
Effective 1 November, all of the beauty company’s employees, regardless of gender, will have access to the same number of fully paid weeks of parental leave when starting or extending a family, whether through pregnancy, adoption or surrogacy.
The new policy will be guided by local regulations.
The announcement is said to build on Coty’s recently unveiled philosophy of ‘Fearless Kindness’ and is described as a tangible step towards a more diverse and equitable culture.
Earlier this month, the Rimmel owner announced its new ‘vision of beauty’, with CEO Sue Y. Nabi stating: “Collaboration is the catalyst for creating forward-thinking beauty.
"In synchrony with our people, our partners and our customers, we will develop products that provide new, innovative and simply better science-based solutions. Together, we will make over the world of beauty."
Commenting on the parental leave amendment, Anne Jaeckin, Coty’s Chief HR Officer, said: “In line with our new corporate purpose, vision and values, we are dedicated to fostering an inclusive workplace for our people – and tackling outdated gender stereotypes.”
“We hope that this new policy will make a meaningful difference for new parents and support them in this very important chapter of their lives.”