Organizational Strategy - Sustainable Development - L'Oréal
Organizational Strategy - Sustainable Development - L'Oréal
Organizational Strategy - Sustainable Development - L'Oréal
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4 L’OréaL - GrI DaTa SHEETS 2011<br />
Diversity<br />
2011: In cooperation with the rMC-BFM association, L’Oréal is launching the Charte du Cœur (Charter for hearts) and mobilising 83<br />
companies around the need to install defibrillators in public places and train their staff and suppliers/customers on how to save lives.<br />
• In 2011, L’Oréal was awarded the 1 st European label for equality in business, the Gender Equality-European Standard (GE-ES), for seven<br />
European countries: France, Italy, Spain, Belgium, Germany, the UK and Ireland.<br />
• Since 2010, L’Oréal has been a partner in the EVE programme, the top women’s inter-business leadership seminar, dedicated to women<br />
and open to men. In December 2010, the 1 st edition initiated by Danone, brought together nearly 250 participants including 16 staff from<br />
L’Oréal. In 2011, 30 staff from L’Oréal took part.<br />
• In 2012, L’Oréal, in cooperation with the aFMD (Association française des managers de la diversité – French association of diversity<br />
managers), launched the 1 st Diversity Encyclopaedia in France.<br />
4.14<br />
To identify and answer questions on sustainable development that are of interest to the parties concerned and relevant for L’Oréal, the<br />
group seeks the opinion of numerous sources and engage proactively in its organization and externally.<br />
UNDERSTANDING CONSUMERS, MARKETS AND COMPANIES<br />
L’Oréal has assessment centres dedicated to understanding consumers’ requirements and expectations in the beauty field in various<br />
socio-economic and cultural contexts around the world. In the 54 countries where L’Oréal has a subsidiary, more than 1.5 million contacts<br />
have been made with consumers.<br />
THE STAFF: SHAPING L’ORÉAL’S FUTURE<br />
L’Oréal is convinced that furthering the development of its staff is a fundamental engine of economic performance and the group<br />
regularly questions its staff by means of the PULSE opinion poll. It is also essential for L’Oréal to share the group’s view of sustainable<br />
development with its staff, and to involve them in its corporate view.<br />
> For further details, see the reply to indicator 4.13. affiliation with associations (business associations) or membership of national or<br />
international organizations for the defence of interests in which the organization:<br />
• holds positions on governing bodies;<br />
• takes part in projects or on committees;<br />
• provides funding in addition to simple membership fees;<br />
• or considers its participation to be strategic.<br />
This mainly applies to memberships maintained at organization level.<br />
4.15<br />
> For further details, see the reply to indicator 4.14 .<br />
4.16<br />
Through its <strong>Sustainable</strong> <strong>Development</strong> Department, L’Oréal has regular discussions with all organizations and associations concerned by<br />
its development and activities.<br />
In 2011, L’Oréal developed “Stakeholder Forums” in order to discuss with representatives from the general public and inform them about<br />
the group’s progress in the sustainable development field. Thus L’Oréal directly met nearly 300 associations and NGO opinion formers<br />
at information and discussion meetings in London, Hong Kong, Peking, Sao Paolo and New York. additionally, individual meetings with<br />
interested parties took place in France to talk about the main issues relative firstly to the Grenelle II (France’s environment think-tank)<br />
agenda, and secondly to innovation and sustainable consumption.<br />
This approach, which is part of L’Oréal’s commitments under the Global Compact, was recognised by the various interested parties as an<br />
approach for progress that is both credible and sincere.<br />
More specifically, L’Oréal maintains relations with educational bodies and associations.<br />
DISCUSSIONS WITH INTERESTED PARTIES ARE CURRENTLY BEING RESTRUCTURED. THESE ARE THE MAIN GOALS FOR 2012:<br />
AS PART OF ITS RELATIONS WITH EXTERNAL INTERESTED PARTIES:<br />
• Continue to develop ‘Stakeholder Forums’ in order to talk with representatives from the general public and inform them about its<br />
progress in the SD field.<br />
• Create and run a ‘Panel of Critical Friends’ consisting of 4 or 5 independent, unpaid experts, meeting once a year to work with members<br />
of the SD Strategic Committee on a limited number of themes proposed by the SD Department.<br />
• Consolidate its relations with the most influential rating agencies and acquire their complete reports (Vigeo, SAM-Dow Jones and<br />
Ethibel-FTSE4Good). Establish a summary score card on L’Oréal’s assessment by rating agencies which would be a real set of key indicators<br />
for its observance of the GrI.<br />
AS PART OF THE SD DEPARTMENT’S SUPPORT FOR OTHER OF THE GROUP’S MAIN FUNCTIONS:<br />
• Strategic contribution to sustainable innovation issues developed by Research and Innovation, in particular on priority projects:<br />
Nanotechnology and Endocrine Disruptors.<br />
12/13