This summit aims to show how disruptive technologies can have a positive impact on our society. This year, five workshops were on the agenda: Education; Diversity; the Future of Work; Economic Inclusiveness and the Environment.
On May 15, L’Oréal’s Chairman and CEO Jean-Paul Agon co-chaired the session “Tech for Diversity” with Gillian Tans, CEO of Booking.com. Together they advocated for a tech that would promote an inclusive workplace.
During this session, 20 CEOs and Marlène Schiappa, Minister of State for Gender Equality and the Fight against Discrimination, reinforced their commitment on diversity and reiterated that for them it is truly linked to better performance.
They agreed to commit to the following actions:
1. Women in leadership
They reaffirmed their commitment towards reaching 30% of women in leadership positions by 2022 and they also invited the companies outside their session to commit. At this stage, 46 out of 80 companies signed up. In addition, they decided to start reporting on their progress regularly and share best practices.
2. Tech for diversity and inclusion
They wish to maximize the use of tech to mitigate biases and promote Diversity and Inclusion in hiring, training, promotions, career planning and to reduce gender pay gap. They will also create momentum around this idea by mapping and promoting start-ups that work on these matters.
3. Women in Tech
They encourage to reach 30% of women in Tech positions both for Tech companies and non-tech companies. All of the companies present know that this is very ambitious.
To do so they committed to sponsor programs that promote Tech education for girls: Tech4Girls. Moreover, they committed to put major efforts on training and reskilling women employees towards Tech jobs of tomorrow.
4. Bring diversity in our ecosystem
- Encourage financial support and VCs initiatives in women-owned businesses and startups. Recognize companies that promote gender equality as a criterion for financial investment
- Encourage companies to sponsor programs dedicated to gender equity
- Promote women-owned businesses as suppliers
More from this topic
L'Oréal is proud to support the LGBTI community
With the ‘Pride Month’, L’Oréal has underlined its commitment to inclusivity for people from the LGBTI community. Thanks to the ‘March for Me’ initiative, any employee could be represented at the World Pride event in New York on June 30, if they wish to be.
L'Oréal supports a unique convention against harassment at work
In a major victory for women’s rights, the International Labor Organization (ILO) has adopted the first international convention on “the elimination of violence and harassment in the world of work.” The adoption of the convention was actively supported by L’Oréal.
Citizen Day celebrates its 10th anniversary and more than one million volunteer hours
In June 2019, L'Oréal celebrates the 10th anniversary of Citizen Day, a global social engagement volunteering day that the Group offers to all of its employees in more than 60 countries where it operates.