L’Oréal was announced as one of 230 companies selected for the 2019 Bloomberg Gender-Equality Index (GEI) that distinguishes companies committed to transparency in gender reporting and advancing women’s equality in the workplace. These companies are benefiting from the new norm of transparency through increased opportunities to attract talent and capital. L’Oréal’s score increased this year to achieve 93.50 points out of 100.
L’Oréal has a long-standing commitment to gender equality and a firm conviction that it is a strategic lever to increase wellbeing at work, fuel creativity and innovation, and boost performance and growth. In 2017, women represented 69% of the Group’s total workforce, 46% of the Board of Directors, 33% of the Executive Committee and 48% of the Management committees.
L’Oréal is committed to maintain a high gender equality standard subject to regular audit certifications. Since 2011, the Group works with two independent organizations: EDGE (Economic Dividends for Gender Equality) and GEEIS (Gender Equality European and International Standard) that conduct in-depth, rigorous audits of current staff and hiring policies for many of its subsidiaries.