NEWS
L’ORÉAL EXECUTIVE COMMITTEE NOMINATION
David Greenberg was appointed CEO of L’Oréal USA, President of North America Zone, and member of L’Oréal Executive Committee on February 25.
Formerly President of L’Oréal Professional Products Division in North America, David Greenberg has spent more than 28 years at L’Oréal in leadership roles across markets, Divisions, brands and functions.
David most recently spearheaded the acceleration and business model transformation of the Professional Products Division in North America.
L’ORÉAL ANNOUNCES THE LAUNCH OF A NEW
CIRCULAR INNOVATION FUND
As an anchor investor, L’Oréal is contributing €50M as part of its L’Oréal for the Future sustainability programme to this new €150M fund.
The fund will support start-ups and companies across North America, Europe and Asia, which are developing circular use of resources across various sectors, including new materials from the bioeconomy, circular solutions for packaging, recycling & waste, logistics, eco-efficient processes.
L’Oréal and Verily, a subsidiary of Alphabet precision health company, announced in January a strategic partnership, exclusive in beauty, to advance skin health. This first-of-its-kind partnership in the beauty industry is expected to entail two programmes aimed to better understand and characterise skin and hair ageing mechanisms and to inform L’Oréal’s precision beauty tech strategy and product development.
CONSULT OUR PUBLICATIONS
THE ANNUAL REPORT
Inclusive beauty, responsible beauty, innovative beauty, Beauty Tech and beauty performance: the new eco‑designed Annual Report looks back at 2021 with a focus on five key themes along with a raft of initiatives that embody our purpose “Create the beauty that moves the world” on a daily basis.
THE UNIVERSAL REGISTRATION DOCUMENT (URD)
The 2021 edition, 100% accessible, includes the Integrated Report, the Annual Financial Report and the Social and Environmental Responsibility Report. The URD aims to present the Group’s balanced business model, its strategic orientations, its 2021 results, its non‑financial performance and its relations with stakeholders.
