LOREAL_Registration_Document_2017

L'Oréal’s corporate social, environmental and societal responsibility* THE SHARING BEAUTY WITH ALL PROGRAMME

… with the communities around us 3.2.4.3 “By 2020, the Group will enable more than 100,000 people from socially or financially deprived communities to access work through its actions.”

2020 TARGETS

2017 RESULTS

Over 53,505 people from socially or financially deprived communities have had access to work. 48,692 people accessed work through the Solidarity Sourcing programme. 3,771 people from an underprivileged environment were trained in beauty professions.

100,000 people from socially or financially deprived communities will be able to access work through the following programme:

Solidarity Sourcing; s

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Professionalisation in the business of beauty; s

Employment of disabled people and people from under-represented s socio-ethnic groups.

1,042 people with disabilities worked for L’Oréal (1) .

This figure takes into account the total number of disabled employees (with permanent and fixed-term employment contracts) as at 31 December 2017. This indicator only (1) takes into account employees who wanted to declare their disability and have it recognised, as all the employees concerned do not systematically wish to do so.

Due to its many industrial and administrative sites all over the world, L’Oréal is strongly involved, in the vicinity of its sites, in the life of the surrounding local communities. A company committed to demonstrating strong corporate citizenship, L’Oréal makes a contribution to many local projects. As a general rule, the Group’s establishments and its subsidiaries build good relations with the communities in the areas in which they operate, and make every effort to share their growth with them. This ambition led to a commitment in the Sharing Beauty With All programme: enabling over 100,000 people from socially or financially deprived communities to access work by 2020. This means that L’Oréal will support as many people outside the Company as there are employees in the Group. Solidarity Sourcing Solidarity Sourcing , the emblematic purchasing programme which is part of the Sharing Beauty With All programme Created in 2010, Solidarity Sourcing is L’Oréal’s global responsible purchasing programme. Its aim is to use the Group’s purchasing power to serve social inclusion. It consists in dedicating part of its purchases to suppliers giving people who are generally excluded from the labour market durable access to work and income. The Group is therefore continuing to open up its procurement process to companies who employ people from economically

vulnerable communities, including small companies and those who have more difficulty in having access to multinational companies. The Solidarity Sourcing programme concerns for example: fair trade producers, companies which employ disabled workers, social insertion enterprises or companies owned by minorities (when this is permitted by the national legislation). Solidarity Sourcing offers a novel purchasing approach due to its global, holistic nature: the programme is deployed in all the geographic zones; s it concerns all areas of purchases (raw materials, s packaging, subcontracting, promotional items and indirect retail, etc. ); it comprises an environmental aspect for the projects that s require it. The ambition of the programme is to associate economic performance with a positive social, societal and environmental footprint. In 2017, Solidarity Sourcing enabled 48,692 people from socially or economically vulnerable communities all over the world to gain access to work or to keep a job and receive a decent income. This represents an additional 6,192 people (+15%) compared to 2016 on a like for like basis (1) .

L’Oréal, all geographic zones and areas of purchases, excluding The Body Shop. (1)

REGISTRATION DOCUMENT / L'ORÉAL 2017

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