THE WHAT? The French Ministry for Gender Equality, Diversity and Equal Opportunities has handed its Parite du Top 100 Special Award for the Feminization of Governing Bodies to L’Oréal.
THE DETAILS The French beauty behemoth said that the award is the result of a long-standing voluntary policy to foster gender equality in the workplace at all levels of the company with 51 percent of the top 100 positions in the Group occupied by women.
THE WHY? Nicolas Hieronimus, Chief Executive Officer of L’Oréal, commented, “This award recognizes our profound commitment to ensuring gender equality. I am proud that L’Oréal has been recognised for its exemplary approach to this strategic issue. Winning this award goes to the heart of our commitment to create the beauty that moves the world; it commits us to maintaining this course and going beyond what the law requires of us.”