LOREAL_Registration_Document_2017

L'Oréal’s corporate social, environmental and societal responsibility* THE SHARING BEAUTY WITH ALL PROGRAMME

Cosmeto-vigilance and impact on safety assessment

This organisation makes it possible to identify any potential exceptionally “unusual” intolerances on the market. In such cases, supplementary investigations may be proposed to the consumers concerned. The product dossier is then re-examined in order to identify the cause of the intolerance and take appropriate measures where required. If necessary, a change may be made in the composition of the formula. This information is used to update the corresponding cosmetic product dossiers.

Finally, after the product is launched on the market, L’Oréal continues to evaluate the use and tolerance of its products sold via the international cosmeto-vigilance network. This network collects, validates and analyses, using recognised rigorous methodologies, the adverse effects related to the use of a product.

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THE SHARING BEAUTYWITH ALL PROGRAMME 3.2.

An objective of sustainable growth The Sharing Beauty With All programme presents the targets that the Group has set itself for 2020 with the aim of reducing its environmental impact and increasing its social and societal commitments, while sharing its growth with the surrounding communities.

This programme, whose results are regularly reviewed and challenged by a panel of independent international experts (Panel of Critical Friends (1) ) is based on four pillars:

Innovating sustainably By 2020, 100% of the Group’s products will have an environmental or social benefit.

Producing sustainably By 2020, the Group commits to reducing its environmental footprint by 60%, while extending its global presence.

Living sustainably By 2020, the Group wants to empower all L’Oréal consumers to make sustainable consumption choices.

Share growth with employees - by 2020, L’Oréal employees will have access to health-care,social protection and training,wherever they are in the world; with suppliers - by 2020; 100% of the Group’s strategic suppliers in the supplier sustainability programme; with communities - by 2020, through its actions, the Group will enable more than 100,000 people from underprivileged communities to access work.

L’Oréal has set up an external governance body, called The Panel of Critical Friends which meets, together with Jean-Paul Agon, with the Group’s (1) Chairman and Chief Executive Officer, once a year to challenge the progress made on the Sharing Beauty With All programme. This panel of international experts is chaired by José Maria Figueres (Former President of Costa Rica, President of the Carbon War Room, strongly committed to environmental topics) and consists of Lo Sze Ping, CEO of WWF China, Mehjabeen Abidi-Habib, Pakistani researcher in human ecology, natural resource management specialist, HRH Celenhle Dlamini, a South African who is one of the Directors of the Ubuntu Institute, David Jones, former Havas Worldwide CEO, Founder of One Young World and the author of Who Cares Wins, and Khalid AlKhudair, CEO and Founder of Glowork, an organisation engaged in the emancipation of women in Saudi Arabia through employment. Invited to attend the latest Panel of Critical Friends: Nigel Salter, CEO of Salterbaxter, Solitaire Townsend, CEO and co-founder of Futerra, and Sille Krukow, nudging specialist and expert in behavioural design, founder of Krukow.

REGISTRATION DOCUMENT / L'ORÉAL 2017

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