Ethics

Talking about ethics within the company but also beyond – that’s the challenge to which the Group’s Greek subsidiary L’Oréal Hellas rose by inviting two basketball stars to talk about their experiences with ethics in sports and competition. Developed by the Country Managing Director and the local Ethics Correspondent, the initiative launched a lively discussion with employees, encouraging them to find parallels between sports and business values. Yet another opportunity to talk freely about ethics, reflect collectively, and discuss the application of ethics at work.

L’Oréal’s ethics initiatives were once again recognised in 2019. The Group was named one of the 2019 World’s Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This is the tenth time L’Oréal has made the list. L’Oréal was also named a Global Compact LEAD for its continuous support of the United Nations’ Global Compact and its Ten Principles for responsible business. LEAD companies are those who have achieved the highest level of engagement with the United Nations Global Compact.