L'Oréal Group : Press Releases

L'Oréal, the world leader in beauty, and Verily, an Alphabet precision health company, announced today a strategic partnership, exclusive in beauty, to advance skin health. The first-of-its-kind partnership in the beauty industry is expected to entail two programs aimed to better understand and characterize skin and hair aging mechanisms and to inform L’Oréal’s precision beauty tech strategy and product development.

L’Oréal today was recognized by S&P for its outstanding sustainability performance, receiving a strong Environmental, Social, Governance (ESG) rating evaluation of 85 out of 100 points, one of the highest globally. The award consists of a Sustainability performance score 77 out of 100, combined with a strong Preparedness Score (+8).

L’Oréal signs an agreement to acquire Youth to the People, an American skincare company based in California. Youth to the People was founded in Los Angeles in 2015 by two cousins, Greg Gonzalez and Joe Cloyes. The brand is inspired by their grandmother, Eva, who started a professional skincare line 40 years ago, utilizing plant extracts and innovative active ingredients. The brand’s growth has been supported by its investors, Sandbridge Capital, Strand Equity and Carisa Janes.

L’Oréal’s Board of Directors meeting on December 7, 2021 unanimously approved a strategic transaction consisting of the repurchase by L’Oréal, as part of its share buyback program, of 22.26 million of its own shares - representing 4.0% of its capital - from Nestlé. The Board members related to Nestlé and to the Bettencourt Meyers family did not participate in the votes.

L’Oréal announces today a new multi-year research and tech partnership with one of the world’s most innovative and accurate climate tech companies, BreezoMeter. Based in Israel, BreezoMeter is a leader in the space of environmental information about air quality, pollen and fires. Its main goal is to improve the health and safety of billions of people worldwide by providing accurate and actionable environmental data and insights.

L’Oréal Water Saver has been named a top innovation of 2021 according to TIME. Developed in partnership with environmental innovation company Gjosa, the L’Oréal Water Saver is a unique showerhead that can reduce water consumption by as much as 65%. Equipping 100,000 salons with this technology can save up to 6.8 billion liters of water.

In recognition of L’Oréal’s long-standing commitment to advancing diversity, equity and inclusion, respecting human rights and confronting antisemitism in society, ADL honors Jean-Paul Agon, Chairman of the L’Oréal Group, with its prestigious Courage Against Hate Award in the “Never Is Now Summit” where he delivered a key note address.

His Royal Highness The Prince of Wales has today, through his Sustainable Markets Initiative (SMI), launched the Terra Carta Seal which recognises private sector companies who are leading their peers in creating genuinely sustainable markets. L’Oréal is one of 45 companies that have been awarded the Terra Carta Seal.

L’Oréal and Symatese have announced the signing of new long-term research and development agreements in the field of biomaterials, to strengthen and broaden their existing strategic partnership. Together, the companies aspire to combine their respective expertise to explore new scientific perspectives in the field of biomaterials designed for the physiology of human tissues including skin, notably for regeneration purposes.

The French Ministry for Gender Equality, Diversity and Equal Opportunities presented the 8th edition of the Awards for the Feminization of the Governing Bodies of SBF120 companies. L’Oréal won the “Parité du Top 100” Special Award for the Feminization of Governing Bodies.