Fifth year in a row Bloomberg index 2022 recognizes L'Oréal for gender equality

Published on: 26 January 2022
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Bloomberg Gender-Equality Index 2022 recognized L'Oréal Group for creating an inclusive work environment. Female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies, and pro-women brands are evaluated. L'Oréal joins 417 companies in the Bloomberg Gender-Equality Index (GEI).

For the fifth year in a row, L'Oréal Group has been recognized by the Bloomberg Gender-Equality Index 2022 for successfully creating an inclusive and equal work environment. This reference index assesses gender equality in five areas: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies, and pro-women brand.

L'Oréal is one of 418 companies from 45 countries and regions to be included in the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index designed to track the performance of public companies committed to gender-data transparency.

"Receiving the BLOOMBERG GENDER-EQUALITY INDEX for the fifth year in a row is a testament to our relentless efforts and continued commitment to empower all genders,"

said Jean-Claude Le Grand, Chief Human Relations Officer for the L'Oréal Group.

"We understand that an inclusive, people-driven culture is essential for creating an inspiring, innovative, and stimulating environment. But it is much more than that: a vibrant culture is a critical competitive advantage."

"We are honored to be recognized again by the Bloomberg Gender-Equality Index alongside other companies who prioritize diversity, equity, and inclusion,"

said Margaret Johnston-Clarke, Global Chief Diversity, Equity, and Inclusion Officer for the L'Oréal Group.

"L'Oréal's commitment to gender equity manifests itself in a variety of ways, including measuring the gender pay gap since 2007, providing special training to women in leadership positions, providing comprehensive support to parents as part of our Share & Care policy, and combating gender-based violence, to name a few."

"We are proud to recognize L'Oréal and the other 417 companies included in the 2022 GEI for their commitment to transparency and for setting a new standard in gender-related data reporting,"

said Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the 30% Club in the United States.

"Even though the membership threshold for the GEI has risen, the list of members continues to grow. This demonstrates that more companies are working to improve their gender-related metrics, allowing more diverse talent to succeed in their organizations."

L'Oréal submitted a social survey developed by Bloomberg in collaboration with subject matter experts from around the world. Those included in this year's index achieved or adopted best-in-class statistics and policies and scored at or above a global threshold established by Bloomberg to reflect disclosure.

Both the survey and the GEI are completely free of charge. Bloomberg gathered this information solely for research purposes. The index does not have a ranking. While all publicly traded companies are encouraged to disclose supplemental gender data for their investment profile on the Bloomberg Terminal®, only those with a market capitalization of USD 1 billion are eligible for inclusion in the Index.

Source: Loreal news

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