L'Oréal - 2018 Registration Document

L’Oréal’s corporate social, environmental and societal responsibility INTRODUCTION

To guarantee greater strategic consistency between the measures the Group takes to integrate the sustainable development dimension across the entire value chain and its philanthropic work, the Corporate Social Responsibility Department reports directly to the Chairman and Chief Executive Officer (1) .

This strategic programme, whose results are regularly reviewed and challenged by a panel of independent international experts (Panel of critical friends) (2) , is based on four pillars:

Innovating sustainably By 2020, 100% of the Group’s products will have an environmental or social benefit.

Producing sustainably By 2020, the Group commits to reducing its environmental footprint by 60%, while extending its global presence.

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Living sustainably By 2020, the Group wants to empower all L’Oréal consumers to make sustainable consumption choices.

Developing sustainably with employees - by 2020, L’Oréal employees will have access to health-care,social protection and training,wherever they are in the world; with suppliers - by 2020; 100% of the Group’s strategic suppliers in the supplier sustainability programme; with communities - by 2020, through its actions, the Group will enable more than 100,000 people from underprivileged communities to access work.

The Chief Corporate Responsibility Officer has also been appointed General Manager of the L’Oréal Foundation. (1) L’Oreal has established an external governance body known as the Panel of Critical Friends, which meets with Jean-Paul Agon, the Group’s Chairman (2) and Chief Executive Officer, to challenge the progress made on the Sharing Beauty With All programme. This panel of international experts is chaired by José Maria Figueres (Former President of Costa Rica, President of the Carbon War Room, strongly committed to environmental issues) and consists of Lo Sze Ping, CEO of WWF China, Mehjabeen Abidi-Habib, Pakistani researcher in human ecology, natural resource management specialist, HRH Celenhle Dlamini, a South African who is one of the Directors of the Ubuntu Institute, David Jones, former Havas Worldwide CEO, founder of One Young World and the author of Who cares wins, Khalid AlKhudair, CEO and founder of Glowork, an organisation advocating the emancipation of women in Saudi Arabia through employment and et Helio Mattar, Chairman and Director of the Akatu institute, who works in the field of sustainable development in Brazil. In 2018, the Panel of Critical Friends was held on 23 March at L'Oréal’s head office in Clichy.

REGISTRATION DOCUMENT / L'ORÉAL 2018

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