Jean-Claude Le Grand, Senior VP Talent Development and Chief Diversity Officer at L’Oréal, comments on this long-term commitment:
We are proud to meet both EDGE and GEEIS strict gender equality standards. We measure our progress regularly for two main reasons. The first is to determine whether our actions are effective, and if not, rectify them. The second is so that we can share our experiences and accomplishments to support gender equity for a more inclusive world.
L’Oréal is committed to maintain a high gender equality standard passing regularly through audit certifications. Since 2011, the Group works with two independent organizations: EDGE (Economic Dividends for Gender Equality) and GEEIS (Gender Equality European and International Standard) that conduct in-depth, rigorous audits of current staff and hiring policies for many of its subsidiaries.
Diversity and Inclusion is a strategic growth lever for L’Oréal. The Group has long been a leader in gender equality. Worldwide, as of 2016, women account for 70% of the workforce, 48% of management committee members and 33% of Executive Committee members.