The cosmetics company e.l.f. Beauty has pledged to obtain 50% of its electricity from renewable sources at its manufacturing facilities by March 2032, as outlined in its newest sustainability report. The document highlights that renewable energy adoption among its direct suppliers surged from 2% in 2023 to 14% in 2026, largely due to supplier-led initiatives.
Customers now have a unique opportunity to engage directly with CEO Tarang Amin through e.l.f.’s innovative “Dial 0 for Zero Distance” campaign. This initiative allows consumers to call the CEO to discuss their most pressing concerns and explore how the company can contribute to meaningful change.
Expanding Influence
In collaboration with the nonprofit Rivet, e.l.f. Beauty launched a program in November 2026 across the UK and India to support Zero Limits, a grassroots movement empowering young people with financial resources, skill development, and mentorship to address community challenges.
Promoting Diversity
For 2026, e.l.f. Beauty was recognized among the top 1% of publicly traded US companies in terms of boardroom diversity. The company remains focused on increasing representation of women and people of color on corporate boards, with over 500 supporters joining its advocacy coalition.
Additionally, 58% of participants in e.l.f.’s board-readiness program, developed in partnership with the National Association of Corporate Directors, have secured board positions. The parent company, e.l.f. Brands, also teamed up with Parity, a women’s sports consultancy, to produce a global report on the professional advantages of female athletes.
Financial Growth
e.l.f. Beauty reported a 51% increase in net sales during the second quarter, reaching $520.8 million, driven in part by the successful debut of Hailey Bieber’s brand, Rhode, at Sephora Europe. This strong performance led the company to upgrade its full-year 2027 financial projections.
The company has also established the Rhode Futures Fund, pledging $5 million to the Foundation for Women’s Health in October 2026 to advance women’s wellness initiatives. Beyond this, e.l.f. allocates over 2% of annual profits, totaling more than $4 million in 2026, to community-driven causes.
The company’s philanthropic efforts have extended to over 200 nonprofit organizations this year. Furthermore, e.l.f. matches all employee holiday donations, with CEO Amin and his wife, Hirni, personally matching those contributions, reinforcing the company’s commitment to social impact.
