Loreal Csr Report Analisys
Analysis of LOreal CSR report 2011
Table of contents
1. Main facts from the report 3 2. Motivation for choosing LOreal 5 3. Industry Analysis 5 4. Evaluation of the report 7 5. Assesment of the Report (quality principles) 19 6. Assesment of the Report (principles of content) 20 7. Conсlusions 22
1. Main facts from the report
1. L’Oreal has been a member of the UN Global Compact since 2003 2. L’Oreal also works closely with the following major associations and institutes: Anti-Corruption Commission of the International Chamber of Commerce, Global Council on Business Conduct, The Conference Board, Ethics and Compliance Officers Association, The Ethics Resource Center, International Business Ethics Institute, Institute of Business Ethics, Cercle d'Éthique des Affaires. 3. The L’Oreal is the largest cosmetics group in the world with 20.3 billions Euros of sales (2011), operating in 130 and having almost 70000 employees
4. L’Oreal invest 40 million Euros annually in programs that bring tangible benefits to communities all over the world. 5. The company engages in human rights protection, is against child labor, and also executes their buy & care programs to ensure sustainable growth and compliance with CSR strategy throughout their supply chain. 6. L’Oreal has also developed very stringent anti-corruption policy with zero-tolerance statement against any corruptive actions enclosed in it. 7. L’Oreal also supports academic researches, donates to charity and regularly participates in industry forums. 8. The report demonstrates a remarkable decrease in waste and recycling, CO2 emissions, energy consumption, water use and other indicators. 9. The company has special person employed ensuring ethical behaviour of the company both internal and external (Group Director of Ethics). 10. Company has created Code of Business ethics to rely on. 11. Employee appraisal is based not
Table of contents
1. Main facts from the report 3 2. Motivation for choosing LOreal 5 3. Industry Analysis 5 4. Evaluation of the report 7 5. Assesment of the Report (quality principles) 19 6. Assesment of the Report (principles of content) 20 7. Conсlusions 22
1. Main facts from the report
1. L’Oreal has been a member of the UN Global Compact since 2003 2. L’Oreal also works closely with the following major associations and institutes: Anti-Corruption Commission of the International Chamber of Commerce, Global Council on Business Conduct, The Conference Board, Ethics and Compliance Officers Association, The Ethics Resource Center, International Business Ethics Institute, Institute of Business Ethics, Cercle d'Éthique des Affaires. 3. The L’Oreal is the largest cosmetics group in the world with 20.3 billions Euros of sales (2011), operating in 130 and having almost 70000 employees
4. L’Oreal invest 40 million Euros annually in programs that bring tangible benefits to communities all over the world. 5. The company engages in human rights protection, is against child labor, and also executes their buy & care programs to ensure sustainable growth and compliance with CSR strategy throughout their supply chain. 6. L’Oreal has also developed very stringent anti-corruption policy with zero-tolerance statement against any corruptive actions enclosed in it. 7. L’Oreal also supports academic researches, donates to charity and regularly participates in industry forums. 8. The report demonstrates a remarkable decrease in waste and recycling, CO2 emissions, energy consumption, water use and other indicators. 9. The company has special person employed ensuring ethical behaviour of the company both internal and external (Group Director of Ethics). 10. Company has created Code of Business ethics to rely on. 11. Employee appraisal is based not