The L’Oréal Fund for Women
Women worldwide are still disproportionately affected by social and economic crises generated by today’s global challenges.
Credits: Women on Wings 2023
Since the launching of the Fund in 2020, approximately 420 frontline non-profit organizations were supported, which have directly helped more than 2 561 000 women and girls, and this is more than 23,000,000 people supported in total including their families and communities who have indirectly benefitted from the activities supported by the Fund.
After 3 years of existence (2020-2023), the Fund for Women is renewed for three additional years (2023-2026) with a budget of €30 million, to keep pursuing our ambition to address the social challenges of our world, in line with the ambition of the L’Oréal for the Future sustainability program towards 2030.
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Credits : Strong Minds, 2023
Why we are supporting women
Over the past years, women have lost 64 million jobs worldwide (Oxfam, 2023) and represent 2/3 of the 828 million people concerned by hunger. The intensification of violence against women, in the pandemic aftermath, has prompted ‘an epidemic of shadows’: one in two women (18-49 years old) has suffered from violence or know a victim of violence (UN Women, 2022). More than 13 million girls are likely to be forced into marriage by 2030 (Oxfam, 2022).
Yet, only 4% of bilateral international aid programs are primarily aimed at supporting women. (OECD, 2022). Supporting women is necessary to build a sustainable, fair and inclusive future.
Women at risk when facing armed conflicts
In contexts of armed conflicts, women are at risk of gender-based violence. 1 out of 5 refugee women has been through a situation of violence globally (UNHCR, 2022).
The L’Oréal Fund for Women has contributed to emergency relief by providing more than €2.8 million to a dozen local and international NGOs, including the Red Cross and SINGA, as well as to UN organizations such as United Nations High Commissioner for Refugees and UNICEF.
These organizations act in Ukraine and other neighboring countries in response to emergency needs, providing services such as shelter, psychological, legal and health advice, and support following sexual violence. They also fight against trafficking and help to expand access to education and employment.
Discover more about our Commitment to Empower Communities