2023 Annual Report

 

Through our 2023 Annual Report take a deep dive into beauty – our vocation and sole focus for the past 115 years.

Discover the excellence of the L'Oréal model through the most significant initiatives of the year.

Couverture RA 2023

 

L’Oréal at a glance

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L’Oréal at a glance

For 116 years, L’Oréal has devoted itself to one thing only: fulfilling the beauty aspirations of consumers worldwide. Our purpose, to create the beauty that moves the world, defines our approach to beauty as essential, inclusive, ethical, generous, and committed to social and environmental sustainability.

  • No.1

    in beauty worldwide

  • 150+

    countries

  • 90,000+

    employees

A deep dive into beauty

Beauty is L’Oréal’s unique vocation, expression and purpose. Take two minutes to discover our world through the key figures and achievements of 2024.

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A UNIQUE PORTFOLIO OF BRANDS

Our 37 global brands are organised in 4 Divisions each of which cultivates a specific vision of beauty for different consumer categories and distribution channels. 

OUR STRENGTHS FOR SHAPING THE FUTURE OF BEAUTY  

L’Oréal has the biggest beauty research capability in the cosmetics industry. This scientific excellence, combined with the creativity of our teams, is at the heart of our innovation. The Group continues its transformation to shape the beauty of tomorrow: ever more effective, inclusive and sustainable products and experiences, augmented by Technology and Green Sciences and capitalising on the strength and agility of our Operations teams who innovate from design to manufacturing and product delivery.

Research & Innovation

rechercher innovation
  • 4,000

    researchers globally 

  • 694

    patents filed in 2024

Beauty Tech

  • €1 Bn+

    invested each year in IT and Tech

  • 110+ million

    uses of our Beauty Tech services across 66 countries and 33 brands

Beauty Tech

Operations

Une chaîne de valeur agile et responsable
  • 36

    plants and 158 fulfilment centres worldwide

  • Over 7 billion

    products distributed in 2024

DUAL EXCELLENCE

At L’Oréal, economic performance and social and environmental exemplarity go hand in hand. Together these two goals are the foundation of our profitable and sustainable value creation strategy and guide our long-term investment decisions. In this way, our financial performance allows us to create positive value for our entire ecosystem, on human, social and environmental dimensions.

Financial performance

Sustainable and profitable growth 

We create long-term value for all our shareholders thanks to profitable growth and a stable governance focused on sustainable development. 

  • €43.48 Bn

    sales in 2024

  • +5.6%

    reported growth

  • €241 Bn

    market capitalisation at 31/12/24

The success of our multipolar model 

L’Oréal’s global footprint, agility and flexibility in adapting resources in real time allow us to drive growth and seize opportunities across our Divisions, beauty categories and regions. 

Discover more about our Strategy and Financial Performance in the L’Oréal Annual Report

 

Social and environmental performance

The Group is accelerating its sustainable transformation within the framework of the L’Oréal for the Future programme, to adopt a more responsible and inclusive model thanks to strong environmental and social commitments.

This program embodies four dimensions of our corporate responsibility ambitions:
 

  • Steward the Climate Transition
  • Safeguard Nature
  • Drive Circularity
  • Support Communities
  • 97%

    renewable energy for our operated sites

  • 66%

    of our ingredients in formulas were biobased, derived from abundant minerals or from circular processes

  • 4.5 million

    people have benefitted from our brands’ social commitment programmes

L’Oréal is recognised for its exemplary commitment to ESG (environmental, social and governance) principles. These distinctions reflect our concrete actions and leadership towards a more sustainable and inclusive future.

CDP

CDP: AAA for the 9th consecutive year

Etisphère 2024

Ethisphere: 14th consecutive year

Sustainalytics

Sustainalytics : 19,5 Low Risk

FTSE

FTSE Russell Diversity & Inclusion Index

Ecovadis

EcoVadis: 83/100 – Platinum medal

Universum 2024

Universum: Top 10 for the 4th year in a row

For more on our social and enviromental performance  click here

Through our 2024 Annual Report take a deep dive into beauty – our vocation and sole focus for the past 116 years

Push RA 2023
Press release 06 January 2025

L'Oréal Groupe Unveils L’Oréal Cell BioPrint, a Revolution in Consumer Skin Intelligence Rooted in the Field of Longevity Science, at CES 2025

Biocell_1 CARRE

L'Oréal Groupe Unveils L’Oréal Cell BioPrint, a Revolution in Consumer Skin Intelligence Rooted in the Field of Longevity Science, at CES 2025

Portable lab-on-a-chip device uses cutting-edge science to enable consumers to understand their skin’s aging trajectory and gain insights into the skincare that works best for their needs LAS VEGAS, January 6, 2025 – Today at CES® 2025, L'Oréal Groupe unveiled L’Oréal Cell BioPrint, a tabletop hardware device that provides personalized skin analysis in just five minutes, using advanced proteomics – the study of how protein composition in the human body affects skin aging.

Read more
2022 Annual Report

Our 2022 Annual Report explores the world of beauty – our passion, prowess and profession for over 110 years!

Discover the unique business model, strategy and performance of L'Oréal, the world's leading beauty company.

Deep dive into the beauty of performance in our eco-designed Annual Report.

 

2021 Annual Report

L’Oréal’s eco-designed Annual Report looks back at 2021 with a focus on five key themes—inclusive beauty, responsible beauty, innovative beauty, Beauty Tech and beauty performance—and reveals an array of day-to-day ways in which the Group pursues its purpose: “Create the beauty that moves the world”. 

Dive into the heart of beauty by exploring our eco-designed Annual Report.

 

 

2020 Annual Report

The 2020 edition sheds light on the L’Oréal group’s strategy to adapt to market transformations, with goals for the future: to create beauty that makes the world more advanced and to become Beauty Tech champion.

Explore the report to find out more about the Group's strategy, highlights of the year, key figures and an analysis of the cosmetics market, through articles, infographics and videos, and a lot of exclusive content!

RA 2020

 

2013 - 2020 Closing Report "Sharing Beauty With All"
Rapport d'Avancement Sharing Beauty With All 2020

 

2019 Annual Report

Overview of L’Oréal in 2019, its Divisions, brands and countries, driven by its financial and non-financial performance.

Explore the report to find out more about the Group's strategy, highlights of the year, key figures and an analysis of the cosmetics market, through articles, infographics and videos, and a lot of exclusive content!

Menu-Rapports
2019 Progress Report "Sharing Beauty With All"
Rapport d'Avancement Sharing Beauty With All 2019
2018 Annual Report

An overview of L’Oréal in 2018, its Divisions, brands and countries, driven by its mission – Beauty for All – and strategy – Universalisation.

Explore the report to find out more about the Group's strategy, highlights of the year, key figures and an analysis of the cosmetics market, through articles, infographics and videos, as well as other exclusive content!!

 

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