1.3.1.4. Important events and post-closing events
Research, Beauty Tech and digital
- L'Oréal unveils latest beauty tech innovations ahead of CES 2022: reinventing haircoloration with two user-design breakthrough innovations dedicated to transform the experience both at home for consumers and in hair salons for professionals coloright and colorsonic, a 2022 CES innovation awards honoree, reinvent consumer haircoloring experience through user-design breakthroughs at home and in the salon.
- L’Oréal and Verily, an Alphabet precision health company, announced today a strategic partnership, exclusive in beauty, to advance skin health.
- On the occasion of International Fragrance Day, L'Oréal and EMOTIV, the leading neurotechnology company, announced today a strategic partnership in beauty, to help consumers make accurate and personalised choices around their fragrance desires. The partnership which combines an Emotiv neurotech device with proprietary scents and algorithms by L’Oréal.
- L’Oréal’s corporate venture capital fund BOLD (Business Opportunities for L’Oréal Development) announces a minority investment in Japanese beauty startup SPARTY, Inc. a D2C business model grounded in personalized beauty. This investment in SPARTY marks the first venture capital investment by L’Oréal in Japan.
- After 10 years of research, L'Oréal introduced UVMune 400, its breakthrough sun filtering technology that effectively protects the skin against insidious ultra-long UVA rays, preventing sun-induced deep skin damages, which is a major public health issue.
- At Viva Technology 2022 in Paris, L'Oréal unveiled its vision of the Future of Beauty through an exploration of the Web3 and the metaverse and immersive beauty experiences
- In January, L’Oréal unveiled two new CES® 2023 Innovation Award-winning beauty technologies: HAPTA, the world’s first handheld computerised makeup applicator designed for users with limited hand or arm mobility; and L'Oréal Brow Magic, the first at-home electronic eyebrow makeup applicator. L'Oréal Brow Magic is the fruit of several years’collaboration with micro-printing startup Prinker Korea Inc, in which the venture capital fund BOLD, Business Opportunities for L'Oréal Development, made a minority investment.
- In November, L'Oréal Colorsonic was selected as one of Time magazine’s Best Inventions of 2022, in the Beauty Tech category. The lightweight, handheld device uses an innovative, mess-free process to mix hair colour and apply it evenly, delivering consistent colouring results for consumers at home.
- In January, NYX Professional Makeup announced GORJS, the world's first beauty decentralized autonomousorganization ("DAO") focused on fostering the development of the 3D artist community.
- To promote authenticity, inclusivity and creativity for self‑expression in the metaverse, L'Oréal premiered virtual beauty looks in November through the first ever multi-brand beauty partnership with leading cross-game avatar platform Ready Player Me. Maybelline New York and L'Oréal Professionnel provide exclusive makeup and hairstyles for avatar creation, which can be used on more than 4,000 platforms and apps worldwide.
- In January, the venture capital fund BOLD, Business Opportunities for L'Oréal Development, made a minority investment in US-based startup Digital Village, a metaverse‑as-a-service platform and NFT marketplace for brands, creators and communities.
- L’Oréal and French biotech Microphyt have announced a strategic partnership. In November, the venture capital fund BOLD, Business Opportunities for L’Oréal Development, acquired a minority stake in Microphyt. The partnership is an additional proof point of L’Oréal’s Research and Innovation strategy towards Green Sciences through investment in innovative biotech startups.
Environmental, social and governance performance
- L'Oréal has joined forces with some thirty companies in the cosmetics sector, as well as professional associations, to form the EcoBeautyScore Consortium. It aims to develop an industry-wide environmental impact assessment and scoring system for cosmetics products.
- For the 5th year in a row, L’Oréal is among the top 20 most gender-equitable companies of the world in Equileap's Global Gender Equality Ranking ; L’Oréal will once again be No. 1 in France
- L’Oréal has received a Long-Term Issuer Credit rating of AA from Standard and Poor’s and an Issuer Rating of Aa1 from Moody’s. The outlooks assigned to the ratings by both agencies are ‘Stable’.
- L'Oréal has announced the launch of a Circular Innovation Fund to develop and amplify innovative circular solutions around the world. L'Oréal, lead investor, is contributing€50 million to the new €150 million fund. This investment is part of L'Oréal for the Future sustainability program.
- L’Oréal has announced the launch of its third Employee Share Ownership Plan. This operation has been successfully deployed in more than 60 countries and makes it possible to closely involve L'Oréal employees, both in France and abroad, in the Group's development.
