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In this second episode, Chief Financial Officer Christophe Babule talks about how a Group such as L’Oréal goes about financing its sustainable transition.

At L’Oréal we want to help repair the damage done to our planet and turn the rate of biodiversity loss around. To do this, L’Oréal launched the L’Oréal Fund for Nature Regeneration. This 50 million euro fund was designed with an innovative new approach: it is an impact investment fund, which means it can secure a return on investment while also creating positive environmental and social value.

L'Oréal Group, read more about : Inclusive Sourcing Q&A

Our ‘Inclusive Sourcing’ program, which started in 2010, directs a proportion of our Global purchases to suppliers who employ people from vulnerable communities to allow them to have a durable access to work and income.

L'Oréal Inclusive Sourcing Program covers all purchasing categories (Raw Materials, Packaging, Contract-Manufacturing, Promo&Retail, Marketing, Business services, Industrial & Property) and has been deployed in all geographic zones where L’Oréal operates. Find here more details about the program and its eligibility criteria.

L’Oréal is determined to live up to its commitment to female entrepreneurship around the world. Today, women-owned businesses earn less than 1% of the money spent on vendors by large corporations and governments.

Directly or with our suppliers, L’Oréal sub-contracts to companies employing people with disabilities.

With Hair Color Services, Garnier is innovating to bring you access to know-how and recommendations from hair color experts whenever you like, wherever you happen to be.

L’Oréal has a long tradition of employee community volunteering initiatives. Since 2010, Citizen Day has allowed L’Oréal employees to dedicate a full day of their work time to supporting a non-profit social or environmental organization. Since then, L’Oréal has continued to innovate in employee citizen engagement programs and has developed L’Oréal Citizen, a program that offers the possibility to contribute to causes through different ways: calls for projects (Citizen Time), skill-based sponsorship (Citizen Skills), and payroll giving (Citizen Payroll Giving).

Changes in consumption, the rise of e-commerce and the expectations of consumers who are ever more concerned about sustainability, service options, personalization and traceability.