NEWS
SEVEN INNOVATION AWARDS AT CES 2024 IN LAS VEGAS
Nicolas Hieronimus, CEO, and Barbara Lavernos, Deputy CEO in charge of Research, Innovation & Technology, gave the opening keynote address at the Consumer Electronics Show (CES®), the world’s largest showcase for consumer electronics, industry and automotive technology and innovation. L’Oréal won a record seven Innovation awards at this iconic event.
L’ORÉAL RECOGNISED FOR ITS SOCIAL AND ENVIRONMENTAL COMMITMENTS
L’Oréal is the only company in the world to have received a triple “A” score from global environmental nonprofit CDP eight years in a row for its outstanding performance in tackling climate change, protecting forests and ensuring water security. The Group also ranks in the top ten most gender-equitable companies worldwide and is ranked number one in France according to research by Equileap of more than 3,700 listed companies across 27 countries.
A NEW CHAPTER IN BEAUTY WITH MIU MIU AND GJOSA
Following the successful partnership with Prada, L’Oréal and Prada S.p.A signed a long-term licence agreement for the creation, development and distribution of luxury beauty products for the Miu Miu brand.
L’Oréal also acquired full ownership of Gjosa, a Swiss startup pioneering the development of water fragmentation technology. L’Oréal had previously teamed up with Gjosa to launch the Water Saver showerhead, which enables water savings of up to 69% at the back bar in salons and was named one of the “100 Best Inventions of 2021” by TIME magazine.
ON THE CUTTING EDGE OF INNOVATION
Following 18 years of research, L’Oréal in March launched MelasylTM, a breakthrough molecule designed to address localised pigmentation issues that lead to age spots and post-acne marks. MelasylTM is the result of rigorous tests involving 121 scientific studies.
In January, through its venture capital fund, BOLD (Business Opportunities for L’Oréal Development), L’Oréal also acquired a minority stake in Timeline, a Swiss biotech company developing innovative solutions for longevity in the food, beauty and health sectors.
CONSULT OUR PUBLICATIONS
THE ANNUAL REPORT
L’Oréal received three more awards for its Annual Report at the Top/Comand Grands Prix de la Communication(1) awards ceremonies. We invite you to explore the 2023 eco-designed digital edition, which features a variety of exclusive content including articles, infographics and videos offering a 360° view of L’Oréal. The report covers all the highlights of the past year, showcasing L’Oréal’s standout performances and its strategy and strengths in shaping the future of beauty.
THE UNIVERSAL REGISTRATION DOCUMENT (URD)
The 2023 edition is 100% accessible and includes the Annual Financial Report, the Integrated Report and the Non-Financial Information Statement. The URD presents the Group’s well-balanced business model, its strategic orientations, its 2023 results, its social and environmental performance, and its relationships with stakeholders.
(1) Appears at bottom of page.