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L’Oreal 2020 Financial Statements

On 6 June 2019, the Government published the Occupational Pension Schemes (Investment and Disclosure) (Amendment) Regulations 2019 (the ‘Regulations’). The Regulations amongst other things require that the Trustees produce an annual implementation statement which outlines the following:

Our Audit-Led Approach To Delivering Gender-Equality We rely on rankings and standards of measurement to keep track of our progress and see how we can continue to improve. L’Oréal has been working with two independent auditors since 2011 – EDGE (Economic Dividends for Gender Equality) and GEEIS (Gender Equality European and International Standard) – to ensure we regularly and robustly assess the status of our current employees and the fairness of our hiring activity.