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    A beauty conglomerate helps women farm sustainably—and earn more for it.

    The world’s largest cosmetic brand takes aim at two goals with its Sharing Beauty With All initiative: It trains workers to harvest essential ingredients in sustainable ways, and its plan is to help those workers—most of whom are women in developing nations—keep a greater share of the rewards. In Burkina Faso, a top source of ingredients for the moisturizer shea butter, L’Oréal has trained some 37,000 women to harvest and process shea nuts while limiting deforestation. It also reduced the roles of some middlemen, increasing the farmers’ incomes. Women in Madagascar (home of skin-care staple Centella asiatica) and India (hair-care ingredient guar gum) are benefiting from similar L’Oréal efforts.

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    Company Information

    Country
    France
    Headquarters
    Paris
    Impact Segment
    Economic Opportunity/Financial Inclusion
    Sector
    Household and Personal Products
    Industry
    Household and Personal Products
    CEO
    Jean-Paul Agon
    Websitehttp://www.loreal.com
    Company Type
    Public
    Ticker
    LRLCY
    Prior Year Rank-
    Revenues ($M) (Last Fiscal Year)$31,791
    Profits ($M) (Last Fiscal Year)$4,597
    Market Value ($M) as of 8/12/19$144,931
    Employees86,030

    Refinitiv Sustainable Leadership Monitor