L'oreal news

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L'oreal news

  1. 1. L’Oréal recognized by EthicalCorporationPublished: Thursday 09 June, 2011L’Oréal recognized by Ethical Corporation for its innovative reporting onsustainable developmentClichy, 16th May 2011- At the 10th Responsible Business Summit, L’Oréal,world cosmetics leader, was recognized for its innovative reporting onsustainable development by Ethical Corporation, an organisation thatpromotes debate and discussion about corporate social responsibilityL’Oréal has made a firm commitment to sustainable growth and todemonstrating measurable progress in sustainable development.This award recognizes the group’s ability to communicate its achievements insustainable development.The group published its first Sustainable Development report in 2004. In 2010,L’Oréal decided to make the report more widely available through its website:www.sustainabledevelopment.loreal.com“This award acknowledges the reporting strategy that L’Oréal startedimplementing 2 years ago and the commitment of our employees”, saysFrancis Quinn, L’Oréal Sustainable Development Director.About L’OréalL’Oreal, the world’s leading cosmetics company, has catered to all forms ofbeauty in the world for over 100 years and has built an unrivalled portfolio of23 international, diverse and complementary brands. With sales amounting to19.5 billion euros in 2010, L’Oréal is present in 130 countries and employs66,600 people. Regarding sustainable development, Corporate Knights, aGlobal Responsible Investment Network, has selected LOréal for its 2011ranking of the Global 100 Most Sustainable Corporations in the World. LOréalhas received this distinction for the 4th consecutive year. www.loreal.comAbout Ethical CorporationThe Ethical Corporation Institute is a think tank that was founded in 2006. Itsells reports, undertakes advisory work and hosts workshops in emergingfields of corporate responsibility. Ethical Corporation is an independentpublisher and a conference organiser that was founded in 2001 to encouragedebate and discussion about corporate social responsibility.www.ethicalcorp.comwww.hairorder.co.uk
  2. 2. www.hairorder.co.uk

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