Organizational Strategy - Sustainable Development - L'Oréal
Organizational Strategy - Sustainable Development - L'Oréal
Organizational Strategy - Sustainable Development - L'Oréal
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3 L’oréaL - GrI DaTa SHEETS 2011<br />
SCOPE OF APPLICATION, BOUNDARIES AND BASES OF THE REPORT<br />
This report covers all of the L’oréal group’s activity from January to December 2011.<br />
SCOPE OF APPLICATION OF THE DATA PERTAINING TO:<br />
• the environment, health and safety;<br />
• employment affairs.<br />
There were no major activity changes that significantly affected the comparison of data in this report with those of the preceding report<br />
or between organizations.<br />
> For more information, refer to the GrI index sheet – assurance reports.<br />
3.2<br />
The preceding L’oréal report on sustainable development was published in June 2011.<br />
3.3<br />
This report covers the L’oréal group activity in its entirety from January to December 2011.<br />
3.4<br />
L’oréal appreciates your opinion on its sustainable development performance and reports. Please send your comments, questions or<br />
suggestions to: sustainabledevelopment@loreal.com.<br />
3.5 3.6 3.7 3.8 3.9 3.10 3.11<br />
Global response:<br />
THE STRATEGY AND SUSTAINABLE DEVELOPMENT COMMITTEE<br />
This Committee clarifies, through its analyses, the strategic orientations submitted to the Board, and monitors the implementation and<br />
advancement of significant operations in progress. It ensures that there is overall financial balance. It reviews the main lines of development,<br />
options and strategic projects presented by the General Management, together with their economic and financial consequences,<br />
acquisition opportunities, and financial transactions that may significantly change the balance sheet structure. along with the constant<br />
and close review of the group’s business activity and the analysis of markets and competitors, the Committee monitored the economic<br />
conditions during emergence from the crisis, after having noted the strategic decisions made by the general management at a very early<br />
stage to tackle the difficult economic environment. Furthermore, the Committee was called on to study projected acquisitions.<br />
REPORTING METHODOLOGY<br />
Each year, L’oréal publishes a report on sustainable development.<br />
To prepare this report, L’oréal examines current practices and studies the recommendations emanating from international institutions and<br />
specialised organizations such as the United Nations, the oECD, the European Commission and the WBCSD. The sustainable development<br />
report writing guidelines, which are published by the Global reporting Initiative (GrI), also helped the group analyse its sustainable<br />
development performance.<br />
To make all annual publications as complementary as possible, the <strong>Sustainable</strong> <strong>Development</strong> report is now issued at the same time as<br />
annual report and the reference Document, i.e., each year in april. all three of these publications are presented as a trilogy with common<br />
graphics. They are printed on FSC-certified 100% recycled paper, which helps L’oréal convey a consistent and integrated responsible<br />
image.<br />
The <strong>Sustainable</strong> <strong>Development</strong> report:<br />
• is a synthetic, editorial, printed document that systematically refers to an interactive website that is rich in content and regularly updated.<br />
• is designed within a complete ecosystem, an online “corporate conversation”.<br />
• emphasises photo testimony/reports to accentuate the human aspects of undertaken actions.<br />
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