L'Oréal, the world's leading beauty company, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2018 World's Most Ethical Companies. L'Oréal has been recognized for the 9th time and is one of only three in the Health and Beauty industry, underscoring their commitment to leading with integrity and prioritizing ethical business practices.
"A company's value is not measured by its sole economic performance. Because L'Oréal has always strived to be a virtuous and responsible company, we have placed ethics at the heart of our strategy and daily practices. It is this approach that is recognized today by Ethisphere, and it is a source of pride for all of us," said Jean-Paul Agon, Chairman and Chief Executive Officer of L'Oréal.
"Companies' culture of ethics and integrity has become a substantial part of their assessment. The currency of ethics is trust and our sustainable development is based on L'Oréal's core Ethical Principles: Integrity, Respect, Courage and Transparency." said Emmanuel Lulin, Senior Vice-President and Chief Ethics Officer of L'Oréal.-PR
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