Fast Company‘s inaugural Best Workplaces for Innovators list has called out four beauty companies in its 2019 top 50.
Johnson & Johnson, L’Oréal, P&G and Sephora were among the brands that made the list, which honours businesses that demonstrate a commitment to innovation.
Johnson & Johnson's TEDxJNJ event was highlighted as an, "ongoing vehicle for employees at the CPG/pharma giant to share experiences, information, and points of view, with 76 events in 19 countries yielding more than 500 speaker videos". L'Oréal was praised for its internal technology incubator and 4000 employees who registered 505 patents in 2018.
Over at P&G, the company's GrowthWorks programme, which conducts consumer research to identify problems and then solves them, was recognised; as was Sephora Accelerate, an incubation program created exclusively for female founders in beauty.
According to Fast Company, more that 360 businesses applied for a place on the list. Outside of the beauty industry, companies like Amazon, Chobani and WeTransfer were identified as having professional ecosystem where innovators and would-be innovators can thrive.