L'Oréal - 2018 Registration Document
3 L’Oréal’s corporate social, environmental and societal responsibility PERFOR MANCE INDICATORS AND RESULTS
with the Human Resources Directors of the subsidiaries to raise their awareness about Human Rights and Fundamental Freedoms issues. The Senior Vice-President and Chief Ethics Officer, reporting to the Chief Executive Officer, is in charge of overseeing the respect of Human Rights and Fundamental Freedoms in the Group. This mission has been entrusted to him by L’Oréal’s Chairman and Chief Executive Officer, to whom he reports regularly. Country Managers within the Group (or for corporate or zone staff the members of the group's Executive Committee to whom they report) are responsible for ensuming respect of Human Rights and Fundamental Freedoms in their country or entity. The Group’s Senior Vice-President and Chief Ethics Officer meets systematically with each new Country Manager/Entity Manager and with the subsidiaries’ Human Resources representatives to raise their awareness about Human Rights and Fundamental Freedoms issues. The Human Resources teams are responsible for ensuring that the activities of the subsidiaries respect employees’ Human Rights and Fundamental Freedoms. The Purchasing teams ensure that supplier activities respect Human Rights and Fundamental Freedoms. The Human Rights Steering Committee, chaired by the Senior Vice-President and Chief Ethics Officer and made up of representatives of the various activities, functions and geographical areas, allows coordination and exchange on the implementation of the Group’s Human Rights policy. L’Oréal’s commitments in favour of Human Rights, with respect to its consumers (3.3.3.2), its employees and those of its suppliers (3.3.3.3), local communities (3.3.3.4) and women (3.3.3.5) express themselves through various internal and public documents.
In 2018, the second edition of the Grands Prix de la Mixité (Diversity Awards) awarded by the Institute of Responsible Capitalism and the Ethics & Boards Observatory awarded L’Oréal the Grand Prize in the “CAC 40” category. The Group also won the Consumer Goods and Services Sector Prize. Lastly, in 2018, L’Oréal took fifth place in the ranking of feminisation of the governing bodies of major French companies for its commitment to gender equality at the highest level of the Company. This list is produced by Ethics & Boards for the State Secretariat for Equality between Women and Men and the Fight Against Discrimination. Lastly, in 2018, L’Oréal featured among the top 100 companies in the Bloomberg Gender-Equality Index. L’Oréal’s commitment to Human Rights is based in particular on the Universal Declaration of Human Rights, the United Nations Guiding Principles on Business and Human Rights and the Fundamental Conventions of the International Labour Organization, although these conventions have not all been ratified by all the countries where L’Oréal operates. L’Oréal has been a member of the United Nations Global Compact since 2003, and is committed to respecting and promoting all internationally recognised Human Rights and Fundamental Freedoms. This commitment is supported at the highest level of the Company by its Chairman and Chief Executive Officer, who renews it each year. The Group’s Senior Vice-President and Chief Ethics Officer systematically meets with each new Country Manager and HUMAN RIGHTS POLICY 3.3.3. A commitment of the entire 3.3.3.1. organisation
REGISTRATION DOCUMENT / L'ORÉAL 2018
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