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L'Oréal recognized in Bloomberg's 2022 Gender Equality Index for the fifth consecutive year
Using metrics to stand up for gender equality
A benchmark equality index
L’Oréal’s commitment to DE&I, including gender equity, includes taking a stand and sharing our results with transparency. L’Oréal has been recognized in Bloomberg’s 2022 Gender Equality Index (GEI), a benchmark indicator for the equality policies used by companies around the world. This recognition aligns with the Group’s efforts to meet its responsibility and sustainability objectives.
L’Oréal has been proactively committed to promoting diversity, equity and inclusion for over 20 years. We want to create an equal and inclusive work environment where everyone has a place and can thrive, whatever their identity, culture, background or situation. This commitment takes many forms: measuring gender pay gap since 2007 (eliminated in France since 2019), offering special trainings to women in leadership positions, and offering comprehensive support to parents as part of our Share & Care policy.
Equality at L’Oréal by the numbers
As of end of 2021, women made up:
50%
of Board Members.
59%
of Global Brand General Managers.
55%
of key strategic positions.
Jean-Claude Le Grand, Chief Human Relations Officer for the L’Oréal Group, commented, “Receiving the BLOOMBERG GENDER-EQUALITY INDEX for the 5th year in a row is a testament to our relentless efforts and continued commitment to empower all genders. We know that an inclusive people driven culture is fundamental for an inspiring, innovative and stimulating environment. But it is much more than that: a thriving culture is a key competitive advantage.”
Margaret Johnston-Clarke, Global Chief Diversity, Equity & Inclusion Officer for the L’Oréal Group, said, “We are honored to be recognized again by the BLOOMBERG GENDER-EQUALITY INDEX alongside other companies who prioritize Diversity, Equity & Inclusion. At L’Oréal, our commitment to gender equity takes many forms: From measuring gender pay gap since 2007, to offering special trainings to women in leadership positions, in addition to comprehensive support to parents as part of our Share & Care policy, as well as our commitment against gender-based violence, just to name a few.”
L’Oréal has once again been named in the Bloomberg Gender Equality Index (GEI). The 2022 index comprises 418 companies headquartered across 45 different countries and regions around the world. The GEI tracks the performances of public companies that are committed to disclosing gender equality data.The GEI measures gender equality across five pillars:
- female leadership & talent pipeline,
- equal pay & gender pay parity,
- inclusive culture,
- anti-sexual harassment policies,
- and pro-women brand.
“Even though the threshold for inclusion in the GEI has risen, the member list continues to grow. This is a testament that more companies are working to improve upon their gender-related metrics, fostering more opportunity for diverse talent to succeed in their organizations,” explains Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club.
About Bloomberg.