L’Oréal recognised by United Nations as Global Compact LEAD
28th September 2018
The UN Global Compact also selected L’Oréal’s Senior Vice President & Chief Ethics Officer Emmanuel LULIN as SDG PIONEER for Advancing Business Ethics. It is the first time that this recognition is awarded to a Chief Ethics Officer.
Both announcements were made at the UN Headquarters in New York during the UN Global Compact Leaders Summit 2018,
Lise KINGO, CEO and Executive Director of the UN Global Compact, said, “LEAD companies represent the highest level of engagement with the UN Global Compact. Achieving the Sustainable Development Goals and creating the world we want will not happen without bold action from the responsible business community. We need companies of all sizes — like the ones recognized today — to improve their performance, no matter where they are on their sustainability journey.”
Jean-Paul AGON, Chairman and CEO of L’Oréal, said “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.”
The United Nations Global Compact is a call to companies to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and to take action in support of UN goals and issues embodied in the Sustainable Development Goals.
Each year, the UN Global Compact celebrates a group of SDG Pioneers, business leaders from around the world who are doing an exceptional job to advance the UN Sustainable Development Goals through their own company and inspiring others to join the movement.
Both these recognitions highlight L’Oréal’s commitment to the UN Global Compact and the robustness of its ethics and sustainability Sharing Beauty With All programmes. L'Oréal’s strong ethical principles -Integrity, Respect, Courage and Transparency - guide its development and contribute to building its reputation. These principles are the foundation of the Group's policies in terms of compliance, responsible innovation, environmental stewardship, social and societal responsibility, and philanthropy. L’Oréal’s ambition is to be an exemplary company worldwide and integrate ethics into the very heart of its business practices.