L'Oréal receives grand prix award for financial transparency
During the Annual Grands Prix for Financial Transparency awards, L'Oréal received the 2016 Grand Prix in the “Consumer Goods and Health” category.
Organised by Labrador, a regulatory communication consultancy firm, the Grands Prix for Financial Transparency reward the best practices amongst France’s 120 large caps in terms of regulatory financial information.
L’Oréal was unanimously selected by the Scientific Committee, which assesses the efforts of each company according to four key pillars: Accessibility, Accuracy, Comparability and Availability. The committee analyses the Registration Document, the Half-Year Financial Report, the website and the AGM invitation based on 127 public criteria.
In 2013, L’Oréal received the Large Caps Grand Prix as well as the Grand Prix for the Registration Document.