L’Oréal has announced today that it has been recognized by the Ethisphere Institute, the leading business ethics think-tank, as one of its 2012 World’s Most Ethical Companies.
This is the third time that L’Oréal has been recognized by the organization for promoting the highest of ethical standards.
“L’Oréal is honored to be once again nominated as one of the “World’s Most Ethical Companies.” It is a wonderful recognition of the level of commitment of our employees worldwide. This award reinforces our conviction that long-term business success is built on high ethical standards and a genuine engagement with the community at large. A company with strong values is a company you can trust and trust is the biggest asset a company can have,” said Emmanuel Lulin, group director of ethics at L’Oréal.
“A strong ethical foundation is a competitive advantage, and L’Oréal recognizes the important role corporate responsibility plays in improving its bottom line,” said Alex Brigham, executive director of the Ethisphere Institute. “As more and more organizations strive for this honor each year, L’Oréal’s inclusion as a World’s Most Ethical Company for 2012 demonstrates its industry-leading commitment to ethics and dedication to integrity.”