L’Oréal strongly condemns the Russian invasion and the war in Ukraine, which is causing so much suffering to the Ukrainian people. Since February 24 our absolute priority has been to support our 326 Ukrainian employees as well as 80 external beauty advisors and their families.
We continue to support our employees in Ukraine with financial and psychological help. In neighbouring countries, our teams on the ground have personally welcomed and often also host over 350 people including our Ukrainian colleagues and their families. We are providing accommodation, psychological, financial, medical and immigration support where needed. Wherever possible we provide temporary work opportunities for our employees in other L’Oréal subsidiaries. We are also helping other Ukrainian refugees to find job opportunities within the L’Oréal ecosystem.
To support people in Ukraine as well as refugees, we have allocated EUR 5 million to Humanitarian aid, and we are working with local and international NGOs (such as the Red Cross), as well as United Nations agencies (United Nations High Commissioner for Refugees and UNICEF). We have already distributed 600,000 essential care and hygiene products in Ukraine and neighbouring countries and will continue to provide additional products in the coming months. Our teams have launched an employee crowdfunding campaign in support of the relief for Ukraine.
Regarding our operations in Russia L’Oréal complies with EU and US sanctions. In addition to temporarily closing all our own stores, directly operated counters in department stores as well as our own brand e-commerce sites and suspending all industrial and national media investments, L’Oréal stopped selling all products except daily essential ones, while we continue to support our 2500 employees.
We remain in daily contact with our teams on the ground and to adapt our response according to the evolving situation.