Pioneer in gender equality
L’Oréal is committed to promote women every day and in every part of the world ensuring equal access to training and promotion. Regarding gender pay gap, L’Oréal has also been a pioneer by calling upon, as early as 2007, INED, the French National Demographic Research Institute, to conduct a thorough gender pay gap analysis. Since 2018, the Group has rolled out this approach worldwide.
The company is also regularly audited to obtain certifications from GEEIS (Gender Equality European and International Standard) in 23 countries and EDGE (Economic Dividends for Gender Equality) in 7 countries.
The number of companies that have made their data publicly available increased in 2018. This year, L’Oréal is ranked second in the international ranking and Jean-Claude Le Grand added, “the fact that more and more companies are working on gender equality means progress will be quicker and things will really start moving”. In practice, all the research agrees that equal opportunities and gender equality in companies are powerful growth drivers: firms with a positive gender mix are 21% more efficient than others. (Source : McKinsey, “Delivering through diversity”, January 2018).