L’Oréal Recognized as Global Compact LEAD company by U.N.
L'Oréal's sustainability efforts are paying off.
The United Nations has named the France-based beauty behemoth a Global Compact LEAD company. In addition, L'Oréal senior vice president and chief ethics officer Emmanuel Lulin has been named an SDG Pioneer for Advancing Business Ethics.
The announcements were made today at the U.N. headquarters in New York during this year's U.N. Global Compact Leaders Summit.
The United Nations Global Compact is an initiative designed to encourage businesses worldwide to adopt sustainable and socially responsible practices in regards to human rights, labor, environmental concerns and anti-corruption, and to take action in support of U.N. Sustainable Development goals. Global Compact LEAD companies are recognized as the most engaged participants in the Global Compact program.
SDG pioneers are business leaders honored for their work promoting Global Compact efforts within their companies. Lulin is the first chief ethics officer to be named an SDG Pioneer.
In 2013, L'Oréal launched its Sharing Beauty With All program, summarizing its goals for sustainable development through 2020, with an emphasis on ingredient sourcing, production and distribution transparency.
Said Jean-Paul Agon, chairman and ceo of L'Oréal: “All L’Oréal employees around the world will be very proud of these exceptional recognitions. Bringing about change requires both the long-term commitment of top management but also the daily engagement of each employee. It is only together that we can further our efforts as an ethical corporate citizen.”
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