L’Oréal celebrates new achievement in diversity

L’Oréal has been named one of the world’s top 10 companies by the 2020 Refinitiv Diversity & Inclusion Index.

The index ranks the top 100 organisations globally on a wide-ranging set of diversity and inclusion metrics, among over 9,000 international organisations.

At number six on the list, this is L’Oréal's highest-ever ranking for diversity and inclusion, after placing 12th in 2019 and 8th in 2018.

“L’Oréal has been deeply committed to diversity and inclusion for the past 15 years at every level of our organisation. This recognition of our efforts by this globally respected and objective ranking is encouraging and inspires us to accelerate our progress in this critical area of our business,” said L’Oréal Executive Vice-President for Human Relations, Jean-Claude Le Grand.

“We firmly believe that Diversity & Inclusion is essential to our success and key to sustaining our innovative spirit.”

The companies in the ranking are evaluated on an extensive array of criteria. Refinitiv bases its scores on 24 diversity and inclusion indicators that make up four key pillars: Diversity, Inclusion, People Development and News Controversies.

The Refinitiv Index assesses diversity by evaluating gender and cultural diversity in management and boards along with diversity initiatives and goals. L’Oréal advocates parity and equal pay throughout the Group and has long been recognised as a worldwide leader in gender equality.

With regard to inclusion, L’Oréal welcomes and values people with disabilities through programs that include accessibility, sourcing, recruitment and training along with awareness seminars. In order to go even further, the Group evaluates how its managers leverage diversity and inclusion to build a more inclusive workplace and ensure employee development.

You can learn more about the Refinitiv Diversity & Inclusion Index here.