NEWS
At L’Oréal, financial performance goes hand in hand with social and environmental excellence. Catch up on our latest news to see how we are implementing L’Oréal for the Future commitments and creating the beauty that moves the world.
26TH L’ORÉAL-UNESCO FOR WOMEN IN SCIENCE INTERNATIONAL AWARDS
On 28 May, at UNESCO headquarters in Paris, five women chosen from over 350 candidates worldwide received awards for their pioneering work in life and environmental sciences, with a particular focus this year on contributions to tackling public health challenges. In the 26 years since its creation, the L’Oréal-UNESCO For Women in Science programme has honoured more than 4,400 women for their outstanding research, including 132 international laureates and over 4,000 young female scientists. Seven of these laureates have received a Nobel Prize.
OVER 100,000 YOUNG PEOPLE TOOK PART IN L’ORÉAL BRANDSTORM 2024
The final of L’Oréal Brandstorm, the Group’s global innovation competition for under-30s, was held in London in June. This 32nd edition attracted more than 100,000 international participants, with all teams exploring ways to reinvent the future of professional beauty. A French team won the competition with a project designed to monitor the posture and gestures of hairdressers to prevent musculoskeletal disorders. Brandstorm is the only certified youth innovation competition worldwide and is an integral part of courses at 135 universities in 29 countries. Since 2023, nearly 1,000 young people have found their first career opportunity at L’Oréal through their participation in Brandstorm.
OUR EMPLOYEES MOBILISE TO SUPPORT SOCIAL AND ENVIRONMENTAL CAUSES
Created in 2010, Citizen Day allows L’Oréal employees to dedicate a day of their work time to supporting local associations. The initiative has become one of the Group’s largest employee in-person events. This year’s 15th edition will see more than 30,000 employees across 75 countries participate to support a wide range of projects between April and November. Examples include renovating premises, preparing hygiene kits, waste collection and wellness workshops for disadvantaged people. In France Citizen Day mobilised over 7,000 employees supporting 340 associations.
A SUCCESSFUL FOURTH EMPLOYEE SHARE OWNERSHIP PLAN
The engagement of its 90,000+ employees is key to L’Oréal’s performance. In 2024, the Group launched its fourth employee share ownership plan, rolled out in 63 countries, allowing employees to purchase shares in L’Oréal and participate more closely in its development.
The plan’s high participation rate (35.84%) testifies to employees’ commitment and confidence in the Group’s future, its growth prospects and values. L’Oréal now has 44,000 employees shareholders(1).
(1) L’Oréal estimate.