At Ulta Beauty, expanding our environmental, social and governance (ESG) impact is a strategic priority and intentionally connected with our business. Through critical work across all four of our ESG pillars—People, Product, Environment and Community—we look to maximize impact and enhance value for our stakeholders.
We’re encouraged to be seeing the positive impact of our work and the positive legacy that we are shaping. Our latest report also describes Ulta Beauty’s strong corporate governance practices, and includes disclosures aligned with the Sustainability Accounting Standards Board (SASB) Index, Task Force on Climate-Related Financial Disclosures (TCFD), and an ESG Fact Sheet.
If you have any questions about our ESG Report, please contact our General Counsel, Chief Risk & Compliance Officer, Jodi Caro, at investorrelations@ulta.com.
Our 2022 report can be found here.
Our 2021 report can be found here.
Our 2020 report can be found here.
To be at the heart of the beauty community, we need talented people at the heart of our company. We’re proud of the world-class culture we’ve built over the past 33 years and believe it’s one of the biggest drivers of our continued success. Insights from associates bear this out: during our annual culture survey, we continue to meet or exceed industry benchmarks for associate engagement. During our most recent survey, we learned that our people feel united by a sense of purpose and are comfortable being themselves at work.
Champion diversity is a core value—one that all associates strive to infuse into their daily work. We ensure oversight and leadership of diversity, equity and inclusion at the highest levels of the company, including in our corporate offices, distribution centers and stores. Our culture is people-first and diversity-forward. 54% of our associates identify as people of color, as well as 26% of our leadership team.
Source: 2023 Environmental, Social & Governance Report
Ulta Beauty reports EEO-1 data about our associates to the federal government as required by law and you can find our 2022 report here.
The Ulta Beauty Charitable Foundation expands our social impact by strategically and intentionally selecting giving opportunities and partners that align with our mission and values. To maximize its impact, the Ulta Beauty Charitable Foundation focuses on a small number of partners whose work aligns with our mission.
Our largest partner is the Breast Cancer Research Foundation, which funds cancer research worldwide. In 2023, we were thrilled to achieve our goal of donating $50 million to BCRF between 2009 and 2023, raising more than $6.8 million in 2023 alone. We will continue to support BCRF, and plan to target our investments toward continuing to search for a cure so all individuals impacted by breast cancer can have healthy outcomes.
Dress for Success® is a leading global nonprofit employment resource for unemployed and underemployed women. The Ulta Beauty Charitable Foundation is proud to support more Dress for Success affiliates nationwide than any other corporate partner. In 2023, Ulta Beauty employees spent over 1,200 hours volunteering at 65 Dress for Success events.
Save the Children (STC) helps to ensure all children in rural America have a healthy, strong foundation to thrive as learners and in life. The Ulta Beauty Charitable Foundation raised more than $3 million for STC in 2023 through a point-of-sale donation program and associate fundraisers, which provided 1 million meals for hungry children and families across the U.S.
In 2024, we look forward to expanding our relationships with other partners, including Big Brothers Big Sisters (BBBS), which creates mentoring connections between adult volunteers and youth; and The Jed Foundation, a national nonprofit that works to promote mental health and prevent suicide in teens and young adults.
For more information about the efforts of the Ulta Beauty Charitable Foundation, please contact communityrelations@ulta.com
