In March, the venture capital fund BOLD (Business Opportunities for L’Oréal Development) invested in a biotechnology venture led by Geno. The investment will support the creation of new sustainable ingredients derived from living organisms. Through Geno’s biotechnology expertise, L’Oréal will replace traditional ingredients with biobased alternatives, such as those produced from plant-based sugars.
At CES® 2023, L’Oréal unveiled two new Beauty Tech innovations that expand access to beauty expression: HAPTA, the first handheld, ultra-precise computerised makeup applicator designed to meet the beauty needs of people with limited hand and arm mobility; and L’Oréal Brow Magic, the first at-home electronic eyebrow makeup applicator that provides users with customised brow looks in seconds.
For the sixth consecutive year, L’Oréal was recognised by the Bloomberg Gender-Equality Index (GEI) in 2023 for having successfully created an inclusive and equal work environment. The benchmark index measures gender equality across five pillars: leadership & talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies, and external brand.
L’Oréal was also recognised by the international organisation Ethisphere as one of the World’s Most Ethical Companies for the 14th time. The award reflects the Group’s long-term commitment and its role as a leader in applying ethical principles to its sales practices, business practices and corporate culture.
Take a deep dive into the world of beauty with our new eco-designed edition, featuring a wide variety of content (including more than 50 articles and a dozen videos). The Annual Report offers a comprehensive view of L’Oréal and looks back at the highlights of 2022, which was yet another year of remarkable performance, thanks to our capacity for ongoing transformation and the commitment of our employees around the globe to shape the future of beauty. lorealannualreport2022.com
The 2022 edition is 100% accessible and includes the Annual Financial Report, the Integrated Report and the Non-Financial Information Statement. The URD presents the Group’s well-balanced business model, its strategic orientations, its 2022 results, its social and environmental performance, and its relationships with stakeholders. loreal-finance.com