CTW09.19-29. L'Oréal
A farmer harvests shea nuts, a key ingredient in many lotions and moisturizers, in Burkina Faso. Courtesy of L'OréalCourtesy of L'Oréal

    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.

    Company Information

    CountryFrance
    HeadquartersParis
    Impact SegmentEconomic Opportunity/Financial Inclusion
    SectorHousehold and Personal Products
    IndustryHousehold and Personal Products
    CEOJean-Paul Agon
    Websitewww.loreal.com
    Company TypePublic
    TickerLRLCY
    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