08.26.14
L’Oreal is the first company in the U.S. to be EDGE-certified, which is the ‘Economic Dividends for Gender Equality’ global standard. The company made the announcement on August 26th, which is Women's Equality Day.
The EDGE assessment is the only business certification for gender equality in the workplace that is universally applicable across industries and countries. More than 60 companies in 29 countries use the EDGE assessment methodology and certification process to create an optimal, balanced workplace for men and women.
Angela Guy, L'Oreal USA Senior Vice President, Diversity & Inclusion, commented:
"L'Oreal understands that gender equality is critical to our success across all areas of business and also gives us a competitive edge. The EDGE certification brings us a new level of accountability, transparency and a clear understanding of how to benchmark our progress. We're committed to taking leadership on this issue and will continue to develop innovative solutions toward achieving ongoing gender balance."
Aniela Unguresan, co-founder of EDGE Certified Foundation, added:
"L'Oreal USA is a pioneer in its industry and in the U.S. by achieving certification. The process is very rigorous and requires a high level of transparency. As a result of its certification, L'Oreal is showing consumers, investors and employees alike that they are genuinely committed to an issue that is crucial to success in a global marketplace."
As a result of the certification, L'Oreal USA created a customized roadmap towards continued progress in gender equality, which includes a broader adoption of flexible work arrangements and continued development of leaders across both genders. At the global level, L'Oreal is in the process of certifying operations in seven other countries.
The EDGE assessment is the only business certification for gender equality in the workplace that is universally applicable across industries and countries. More than 60 companies in 29 countries use the EDGE assessment methodology and certification process to create an optimal, balanced workplace for men and women.
Angela Guy, L'Oreal USA Senior Vice President, Diversity & Inclusion, commented:
"L'Oreal understands that gender equality is critical to our success across all areas of business and also gives us a competitive edge. The EDGE certification brings us a new level of accountability, transparency and a clear understanding of how to benchmark our progress. We're committed to taking leadership on this issue and will continue to develop innovative solutions toward achieving ongoing gender balance."
Aniela Unguresan, co-founder of EDGE Certified Foundation, added:
"L'Oreal USA is a pioneer in its industry and in the U.S. by achieving certification. The process is very rigorous and requires a high level of transparency. As a result of its certification, L'Oreal is showing consumers, investors and employees alike that they are genuinely committed to an issue that is crucial to success in a global marketplace."
As a result of the certification, L'Oreal USA created a customized roadmap towards continued progress in gender equality, which includes a broader adoption of flexible work arrangements and continued development of leaders across both genders. At the global level, L'Oreal is in the process of certifying operations in seven other countries.