L'Oréal Is Committed To Achieving Living Wages For All

Building on our commitment to secure a living income for all our employees, we will aim to have 100% of our strategic suppliers sign a living wage pledge with a time-bound action plan by 2030.

In the face of rising inequalities and social divide, we must all take action to deliver a stronger, more equitable and sustainable recovery. Large companies have the means – and the responsibility – to play a role in the fight against poverty. They can build on the value they generate to avoid negative impacts and create a fairer, more inclusive society. One that provides for more of the world’s people. It is our conviction. Ensuring that workers earn a living wage is a powerful tool to achieve this.

What is a living wage?

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A living wage is one that covers one’s basic needs - such as housing, food, water, healthcare and education - and those of one’s dependents. Receiving a fair remuneration for one’s work is a human right. The idea is that all workers and their families should be able to afford a decent, even if basic, lifestyle, one that is not necessarily secured by national minimum wages.

A living wage approach is also a tool to fight gender inequality. Around the world, poverty still has a woman’s face. In 2020, the International Labour Organization (ILO) estimated that women were paid about 20 per cent less on average than men across the world. This means that women are more likely than men to be paid a wage that is below the living wage. Improving wages will have a disproportionate positive impact on women and help reduce the gender pay gap.
 
Fair Wage Network, a rigorous and widely recognized international NGO, has been our partner in this journey, helping us build and roll out our living wage strategy.

L’Oréal’s living wage commitment

 

For our employees

In 2020, we committed to ensuring that all our employees were paid a living wage, calculated according to local context and a list of criteria outlined by an independent body (household size, number of average income earners etc.).

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In 2023, L’Oréal was awarded the Living Wage Employer accreditation by Fair Wage Network, in recognition of our status as a committed global Living Wage employer. This accreditation follows a rigorous process, based on anonymous employee surveys selected randomly by Fair Wage Network in the markets in which we operate. 

 

For our strategic suppliers

We’re building on our commitment to secure living wages across our business. By 2030, we will aim to have 100% of our strategic suppliers sign a living wage pledge with a time-bound action plan.

We are working hand in hand with L'Oréal and various external partners to build a better future. We are committed to paying a living wage to our almost 30,000 employees. Whilst this is an internal target, we commit to advocate for the same with our strategic suppliers driving living wages across our value chain.

Mieke van de Capelle,
Chief Human Resources Officer, dsm-Firmenich*

 

*dsm-Firmenich is a historical partner of L’Oréal and our number one Fragrance house Supplier.

 

Discover more about our Commitments for the People

* Strategic suppliers are suppliers whose added value is significant for the Group. They make a long-term contribution to L’Oréal’s strategy through their weight, innovations, shared goals and geographical representation.
  

Discover more about our Commitments for Human Rights

 

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