What part does Finance play in the “L’Oréal for the Future(1)” programme?
We believe Finance has a core role to play in this programme. It is my job to ensure that all Finance stakeholders rally to the cause. We already have teams driving progress and backing the programme in a number of areas. We are setting up systems to measure progress in meeting our goals, building on results and ensuring we remain on track to meet our targets. Impact investing(2) is one of the tools we are using, which allows us to harness our financial resources to pursue this transformation. Last year, we announced a far-reaching €100 million investment plan including €50 million for ecosystem regeneration and biodiversity and €50 million to develop the circular economy. The goal is to bring our financial capabilities and talents to bear to support this transformation.
In light of these far-reaching goals, this transformation will require investment. How much do you expect to spend?
This investment is not something we are just beginning today. We are talking about an initiative we began a number of years ago. 50% of our plants are already carbon neutral. That of course represents investment, but this spending has not impacted the Group’s results. Far from it. We aim to increase that figure to 100% by 2025. We see this as a worthwhile investment, not only in terms of sustainability, but also for the Group as a whole. This is where the extra-financial and financial factors overlap.
L’Oréal’s Purpose is to “Create the beauty that moves the world.” What does that statement convey?
L’Oréal’s Purpose was carefully and collectively crafted before it was unveiled at the 2020 Annual General Meeting. It was published the same year in the Group’s Universal Registration Document. It charts a course for L’Oréal to build an effective, responsible, committed company over the coming decade (see Highlights section).
(1) The Group’s sustainable development commitments for 2030.
(2) Socially responsible investing that seeks to create a positive social or environmental impact while also providing a financial return.
BECOME A REGISTERED SHAREHOLDER
and take advantage of the loyalty bonus on your dividend +10%
WHAT ARE REGISTERED SHARES?
Registered shares are registered in your name in the company’s books, which enables you to receive information from L’Oréal directly.
YOUR LOYALTY IS REWARDED
If you register your shares, L’Oréal offers you an additional dividend of (1).
(1) After two calendar years of continuously holding registered shares, up to a maximum of 0.5% of the capital for the same shareholder, at the closing date of previous financial year.
BEFORE THE END OF 2021
Register your shares.
2022 / 2023
Hold your registered shares continuously for two full calendar years.
FROM 2024
For the financial year 2023, receive for the first time the +10% loyalty bonus for your shares continuously held in registered form since 2021.You will be entitled to receive the +10% loyalty bonus in subsequent years if you hold your shares continuously for two full calendar years.
TO BECOME A REGISTERED SHAREHOLDER consult the Shareholders section at