L'Oréal Groupe: L'Oréal Fund for Nature Regeneration
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.
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 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.
L'Oréal Citizen, The Employee Citizen Engagement Program
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).
