2022 Universal Registration Document

Chapter 4 : Social, environmental and societal responsibility

  CURRENT RELATIONSHIPS SOME INITIATIVES IN 2022
International organisations, coalitions, NGOs and associations International organisations, coalitions, NGOs and associationsCURRENT RELATIONSHIPS

The Human Rights Department is engaged in a dialogue and partnerships with outside stakeholders, including NGOs, institutions and Human Rights associations.

Accordingly, L’Oréal is a partner of:

  • Fair Wage Network, an NGO which provides the Group with a database on living wages in 200 countries and assists it with implementing its strategy in Operations and with strategic suppliers;
  • the Sciences Po Law School clinic; and
  • the United Nations Global Compact.

Furthermore, L’Oréal joined: the Shift Business and Human Rights Learning programme at Harvard; the Human Rights Coalition of the Consumer Goods Forum; Open for Business, a coalition of companies committed to LGBTQIA+ inclusion; and Unstereotype Alliance, under the authority of UN Women.

International organisations, coalitions, NGOs and associationsSOME INITIATIVES IN 2022

In 2022, L’Oréal:

  • joined the UNGC Living Wage Think Lab, an initiative led by companies selected by the UN Global Compact with the aim of promoting the living wage;
  • signed the “Call on the EU to make living wages and income a human right” concerning companies’ duty of vigilance in terms of sustainability;
  • published the Human Rights Impact Assessment (HRIA) conducted by the Danish Institute for Human Rights on the bergamot sector in Italy. In particular, this HRIA enabled robust engagement with the stakeholders in this value chain.
Non-financial rating agencies and investors Non-financial rating agencies and investorsCURRENT RELATIONSHIPS

Every year, L’Oréal improves the information shared with its stakeholders and regularly discusses CSR topics with non-financial rating agencies and investors.

Non-financial rating agencies and investorsSOME INITIATIVES IN 2022

L’Oréal is in regular contact with numerous non-financial rating agencies, including Moody’s ESG Solutions,

ISS-OEKOM

, MSCI, FTSE and Sustainalytics. These interactions enable discussions on the Group’s non-financial performance and the identification of potential areas for improvement.

The scientific community including researchers and academics The scientific community including researchers and academicsCURRENT RELATIONSHIPS

Research & Innovation teams maintain close links with a large number of public or private research centres all over the world(1). These links take the form of partnerships or collaborations, in areas as varied as green chemistry, synthetic biology, genomics, skin stem cells, microfluidics, bioprinting and microbiomes.

The Group’s researchers also participate in the implementation of sustainable agricultural practices. They optimise tools and measurement methods with agronomic research institutes to monitor the environmental benefits of more resilient practices onsite. These agile tools are designed to be effective, regardless of the level of development of the country in which they are used. L’Oréal collaborates in particular with the French Bureau of Geological and Mining Research (Bureau de recherches géologiques et minières – BRGM) to acquire knowledge about the minerals it uses (accessibility, extraction procedures, availability, etc.).

The scientific community including researchers and academicsSOME INITIATIVES IN 2022

L’Oréal’s teams continue their collaboration with the Stockholm ResilienceCentre(2) to define its sustainable development goals by integrating the concept of planetary boundaries which, if crossed, will compromise the survival of humans on Earth.

The environmental Research teams continue to work with the University of Nantes to develop innovative methods for being able to easily assess the biodegradability of mixtures of chemical substances.

Moreover, these teams are collaborating with the Fraunhofer Institute in the development of one method to evaluate the bioaccumulation of substances in aquatic environments.

The Group’s researchers participate in various programmes to identify and test substances likely to be subject to endocrine disruption, both in France (FEATS ANR) and across Europe (ERGO – EndocRine Guideline Optimisation)and in the United States (HESI – Health and Environmental Sciences Institute).

The public authorities The public authoritiesCURRENT RELATIONSHIPS
  • At local, national or international level, L’Oréal maintains close relationships with the public authorities, in particular via professional associations and its own associations by direct engagement.
  • Accordingly, the Group facilitates discussions with institutional representatives on the role that companies should play with regard to major CSR issues.
The public authoritiesSOME INITIATIVES IN 2022
  • A member of many associations all over the world, including: the FEBEA (French federation for beauty companies), Cosmetics Europe, AIM (Association des Industries de Marque), WFA (World Federation of Advertisers), PCPC (US cosmetics industry association), CAFFCI (China Association of Fragrance Flavour and Cosmetic Industries), ISTMA (Indian Soap and Toiletries Mfrs Association), CTPA (Cosmetic, Toiletry & Perfumery Association), etc.
  • Meetings with French government ministers during visits to our sites or at institutional events.
  • Participation in major international institutional events, such as Climate Week NYC and the World Economic Forum Davos Summit.
  • Member of the UN Global Compact
Local communities Local communitiesCURRENT RELATIONSHIPS

L’Oréal has a long-standing commitment to combatting food waste.

Local communitiesSOME INITIATIVES IN 2022

Contributing to the national objective to reduce food waste in mass catering by 50% by 2025, the Group’s company restaurants donated their surplus food to associations such as

Restos du cœur

or Le

Chaînon Manquant

, bringing the number of meals donated in 2022 to 6,973.

Students and young graduates Students and young graduatesCURRENT RELATIONSHIPS

L’Oréal is recognised as one of the most attractive companies for students. The Group has unique know-how in working on university campuses, playing a central role in meeting the expectations and needs of students around the world.

Students and young graduatesSOME INITIATIVES IN 2022
  • Brandstorm, an international student competition, which brought together more than 80,000 students from 65 countries.
  • In 2021, the Group also launched the L’Oréal for Youth programme. This global, long-term programme supports the employment of young people and improves their employment prospects. As part of this programme, L’Oréal also grants support scholarships to students from disadvantaged areas.
  • The Group financially supports several academic chairs, including: the Multi-Capital Global Performance chair and the “Chief Value Officer” Executive MBA with Audencia, the Consumer-driven Innovation and Entrepreneurship chair with HEC, the Leadership and Diversity and the Circular Economy chairs with ESSEC, the Creativity in Marketing professorship with ESCP, the Marketing, Innovation & Creativity Chair with INSEAD and the Marketing chair with Oxford University’s Saïd Business School.
  • L’Oréal is also a long-standing partner of CEMS, a global alliance of more than 30 business schools, including Bocconi University, LSE, Stockholm School of Economics, ESADE, Tsinghua University School of Economics, etc.

(1) The National Institute for Materials Science (NIMS) in Japan and the Singapore Centre for Environmental Life Sciences Engineering (SCELSE), among others.

(2) The result of cooperation between Stockholm University and the Beijer Institute of Ecological Economics at the Royal Swedish Academy of Sciences.