Organizational Strategy - Sustainable Development - L'Oréal
Organizational Strategy - Sustainable Development - L'Oréal
Organizational Strategy - Sustainable Development - L'Oréal
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2 L’OréaL - GrI DaTa SHEETS 2011<br />
2.9<br />
SHARE CAPITAL<br />
The Board of Directors recorded that the amount of the share capital as at 31 December 2011 was 602,984,082 shares with a nominal value of €0.20,<br />
i.e. a total of 120,596,816.40 euros.<br />
NOTABLE EVENTS IN THE PERIOD 1/10/11 TO 31/12/11<br />
On 10 November, L’Oréal USa and Pacific Bioscience Laboratories Inc. (PBL) signed a merger agreement. Started in 2001, this company has<br />
developed a patented technology giving rise to a range of products marketed under the Clarisonic brand and which has seen great success. The<br />
Clarisonic brand is the dynamic market leader in skin care appliances and technology. This acquisition was finalised on 15 December 2011. In 2010,<br />
PBL’s (Pacific Bioscience Laboratories Inc.) turnover was 105 million dollars.<br />
On December 6, L’Oréal opened its new subsidiary in Kenya. Based in Nairobi, this new location will be the base for developing group business in<br />
East africa in Uganda, Tanzania, rwanda, Burundi and Ethiopia. With the opening of subsidiaries in Kenya and Nigeria, the L’Oréal group confirms<br />
its belief in the potential for growth in africa.<br />
On 19 December, L’Oréal, the State of rio and the municipality of rio de Janeiro signed a protocol of intent for the construction of a research and<br />
Innovation Centre close to the rio de Janeiro University Technology Park. This investment, of the order of 30 million euros, will allow the intensification<br />
of the development of innovative products adapted for the Brazilian and Latin-american markets but also suitable for marketing elsewhere in the<br />
world.<br />
2.10<br />
AWARDS AND RECOGNITIONS OBTAINED DURING THE REPORTING PERIOD<br />
> In 2011, for the 5 th consecutive year, L’Oréal has been ranked among the top 100 global firms committed to sustainable development by Corporate<br />
Knights, a Global responsible investment network.<br />
> In 2011, L’Oréal was listed in the major sustainable development indices, namely the Dow Jones Sustainability Index (for Europe), FTSE4Good, aSPI<br />
Eurozone and Ethibel (label “Pioneer and Excellence”).<br />
> In 2011, L’Oréal stood as number one in its sector in the annual Climate Counts survey that evaluates companies managing their climate impacts.<br />
> L’Oréal was among the world’s top 100 companies with regard to sustainable development in the 2011 “Newsweek Green ranking”.<br />
> For the third time, L’Oréal is acclaimed by Ethisphère Institute as one of the “world’s most ethical companies” in 2012.<br />
> In 2011, L’Oréal received special recognition from Ethical Corporation for ethical excellence and transparency in its corporate social responsibility<br />
and sustainable development communication.<br />
> In the 2011 ranking of the Chinese academy of Social Sciences (CaSS), L’Oréal was rated as one of the 100 most sustainable foreign companies<br />
operating in China.<br />
> In 2011, L’Oréal was ranked “Leader in the Personal and Household Goods Sector” by the Forest Footprint Disclosure. The latter measures the<br />
impact of companies’ business activities on deforestation.<br />
> WWF Palm Oil Buyers’ Scorecard ranked L’Oréal as best in class for its use of sustainably sourced palm oil in 2011.<br />
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