8 November 2021
THE ESTÉE LAUDER COMPANIES UK & IRELAND ANNOUNCES £500,000 COMMITMENT TO RESTORATION OF UK’s NATIONAL PARKS
The Estée Lauder Companies (ELC) UK & Ireland today announces details of its £500,000 commitment to seed-fund pioneering UK nature restoration projects over a period of five years.
ELC UK & Ireland is a key funder of nature restoration facility ‘Revere’, delivered by a partnership between Palladium and National Parks UK, designed to enable the restoration of natural habitats at scale in the UK’s National Parks using private capital. ELC’s funding comes as part of its community and social investment in the wider regions in which the company operates.
The UK’s National Parks are 15 diverse landscapes covering 10% of UK land and containing almost a quarter of the UK’s peatland. Each National Park harbours unique biodiversity and restoration needs. ELC’s partnership with Revere will help test new ways of restoring nature where it is needed most – from supporting ambitious national targets for peatland restoration and woodland creation, to nature recovery to protect iconic local species.
ELC is providing funding for the development of scalable projects across the UK National Parks, which will create new income streams for farmers and landowners seeking to improve the quality of landscapes and support biodiversity, through the sale of ecosystem services. Most importantly, ELC’s support will promote knowledge sharing and learning – enabling other land managers and owners to learn from projects supported under Revere.
Sue Fox, President of Estée Lauder Companies UK & Ireland said: “Our five-year commitment to support Revere’s nature-based climate initiatives in the UK’s National Parks underlines our desire for decisive action on climate change. This partnership is focused on helping to protect and restore the UK’s most precious ecosystems through pioneering nature restoration projects designed to combat climate change and the biodiversity crisis. We are delighted to work with National Parks UK, Palladium and the other founding partners.”
Gordon Watson, Chair of National Parks Partnerships and CEO of Loch Lomond & The Trossachs National Park said: “With the spotlight firmly on COP26, it is more important than ever that we highlight the crucial role that the UK’s National Parks can play in fighting the impacts of climate change. The Estée Lauder Companies UK & Ireland’s commitment to our work through Revere will help us to achieve our nature restoration ambitions at the scale and pace we urgently need.”
Andrew Sutherland, Palladium’s Director, Nature-Based Solutions, added: “Through this five-year commitment, The Estée Lauder Companies UK & Ireland is making a real contribution to piloting and scaling innovative approaches to nature restoration through Revere. This leadership will result in new, pioneering approaches to restoring nature across the UK National Parks taking us closer to the scale and pace of action that the climate emergency and biodiversity crisis demands.”
*** ENDS ***
For more information, interviews and high-resolution images, contact:
Naomi Conway email@example.com
Estée Lauder Companies UK & Ireland:
Maria Allen firstname.lastname@example.org
About The Estée Lauder Companies
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers and sellers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, Tommy Hilfiger, M·A·C, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford Beauty, Smashbox, Ermenegildo Zegna, AERIN, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, Kilian Paris, Too Faced, Dr. Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.
About UK National Parks
There are 15 National Parks in the UK, covering 10% of Great Britain. National Parks are visited over 100 million times each year. 2021 sees the 70th Anniversary of the confirmation of the first four National Parks – Peak District, Dartmoor, Lake District and Snowdonia. For more information www.nationalparks.uk
Palladium is a global impact firm, working to link social progress and commercial growth. For nearly 60 years, we’ve been helping our clients to see the world as interconnected – by creating strategies, building partnerships, mobilising capital, and implementing programs that have a lasting social and financial impact. We simply call this “Positive Impact”.
We work with corporations, governments, investors, communities, and civil society. With a global network operating in over 90 countries, Palladium is in the business of making the world a better place. www.thepalladiumgroup.com
Revere is delivered through a partnership between Palladium and UK National Parks. Revere catalyses private finance for innovative nature-based solutions to restore the UK’s 15 National Parks at the scale and pace needed to tackle the climate emergency and biodiversity crisis. For more information visit www.revere.eco