#ethicsandcsrinL'oreal This PPT tells about Ethics and CSR practices which are being applied in L'Oreal.

2. Submitted by : Vaishali
Class :M.COM(F)
Subject : Business Ethics &
Social Responsibility
Submitted to : Prof. Mahabir Narwal
Dept. of Commerce, KUK

3. INTRODUCTION
• Industry Personal care
• Founded July 30, 1909
• Founder Eugène Schuellere
• Headquarters Clichy, France
• Area served Worldwide
• Key people Jean-Paul Agon
Products Cosmetics and beauty products
• Profit €3.106 billion (2016)
• No. of employees 89,300 (2016)

4. • Vision:
To integrate the principle of sustainable
development into its business model to build a
sustainable growth both responsible and united.
• Mission:
To provide best in cosmetic innovation to
everyone around the world.

6. Ethical Issues
• Societal Issues: Pollution caused to the
environment
• Consumer Issues: Product and safety standards.
• Employees Issues: Workplace Health and Safety
standards.
• Corruption and dumping: Gifts and bribes

7. 2000 Ist edition of
Code Of Ethics
Updated in 2007
2nd Edition of
Code Of Ethics
Updated again
in 2014
3rd Edition of
Code Of
Conduct
Emmanuel Lulin

9. Principle of Ethics
Integrity
Respect
Courage
Transparency

10. INTEGRITY
For Customers
•Advertising is based on true
Performance
For Business partner
• Adhering good corporate
Governance Practices
For Country
• Abiding with Rules and law
• Fighting against corruption
• Maintaining high standards in
Accounting & Reporting
• Protecting and making the most
effective use of company Assets.

11. RESPECT
FOR CUSTOMER
•Recognizing their personal needs
•Delivering efficient, innovative
products
•Meeting standards of quality &
safety.
For Employees
•Recognizing their personal talent
•Valuing their diversity and Privacy
•Considering their personal and
professional life
•Recognizing and valuing their
contribution.For Society
•Supports and implement 10
principles of United Nation
Global Compact in area of
Labour, Anti corruption, and
Environment.

12. COURAGE
•Building the culture of openness
•Accepting challenges
•Answering every query
personally

13. TRANSPARENCY
It will always be:
•Truthful
•Able to justify actions and
decisions

14. Ethical Programmes
Beauty for a better Life
• We support public health actions
• fight against skin cancer via our Active
Cosmetics Division.
• It is also helping in access employment by
providing high quality training opportunities
in different beauty professions.
Women in Science
• channeling female creativity into every
scientific discipline
• working to establish real parity
• female high school students are now also
rallying under the banner of science .

15. Group Foundation
• committed to working on
international solutions to
international challenges.
• inspire employees to play their
part in ensuring that their company
is an excellent citizen.

16. Sustainable program

18. ETHICS DAY
• Every year 13th October is celebrated as Ethics Day.

19. Awards for Ethical Practices
• In 2008, It received the prestigious Stanley C. Pace
Leadership in Ethics Award.
• It became a signatory of the United Nations Global
Compact and signed the Women's Empowerment
Principles, an initiative of UN Women and the
Global Compact.

20. • In 2015, L'Oreal received the prestigious Carol. R. Marshall
Innovation in Ethics Award.
• In 2015,for the third year in a row, L’Oréal has been recognised as a
• Global leader for its Climate change Mitigation Strategy in the
annual CDP (Carbon Disclosure Project) ranking.
• In 2016,L’Oréal recognized as World’s Most Ethical Company by the
Ethisphere Institute.
• On 13th march 2017, L'Oreal recognized as World’s Most Ethical
Company by the Ethisphere Institute.

22. CSR IN INDIA
•L'Oreal India launched a program called
Sharing Beauty with All, 2020.
•Focuses on women’s empowerment, skill
development and environmental sustainability.
•L'Oreal India was successful in reduction in
water consumption per finished goods to 47%.

23. YOUNG WOMEN FOR SCIENCE
•It is in its 12th year.
•Has enabled 200 young
women from economically
challenged sections of society,
to complete their graduation in
a scientific field of their choice.

24. • The L'Oreal factory at Baddi recently launched a community outreach
initiative with a school for children of migrant workers in Himachal
Pradesh. In partnership with the NGO Nirmala Niketan, it currently
provides free education to about 200 students in the age group of 6
to 14 years.
• L'Oreal has partnered with Solvay, and is currently developing a
Solidarity Sourcing project to improve the living conditions of 1,500
farmer-harvesters, of which 300 will be women.