2025 Universal Registration Document

4.7.1.1 Material impacts, risks and opportunities related to own workers

Material impacts, risks and opportunities related to own workers
	Description	Sub-topics	Policies	Action plans
WORKING CONDITIONS
	Description L'Oréal recognises the importance of constructive social dialogue for fostering a calm and fulfilling working environment. Insufficient social dialogue could give rise to tensions and affect the workplace environment, leading to a negative impact on employee well-being and the company's performance	Sub-topics Social dialogue Freedom of association Collective bargaining	Policies Employee Human Rights policy	Action plans Respecting social dialogue, freedom of association and collective bargaining
	Description L'Oréal recognises that poor working conditions or inadequate wages could have a negative impact on employees' physical and mental well-being, as well as motivation.	Sub-topics Adequate wages	Policies Employee Human Rights policy Share & Care Code of Ethics	Action plans Commitment to adequate wages for all employees
	Description L'Oréal recognises that poor working conditions can pose a risk to the health and safety of its employees.	Sub-topics Health and safety	Policies EHS policy	Action plans Ensuring occupational health and safety
	Description By promoting an inclusive, fair and fulfilling working environment, L'Oréal can have a positive impact on its employees. It strives to improve employee well-being, strengthen their sense of belonging and create a positive, highperformance working environment.	Sub-topics	Policies Share & Care	Action plans Ensuring all eligible employees are covered
EMPLOYEE WELL-BEING AND RETENTION
	Description By promoting work-life balance and investing in its employees' skills development and employability, L'Oréal can create a fulfilling and stimulating working environment. This approach fosters employee well-being, satisfaction and loyalty while preparing them for the future challenges facing both the Group and society as a whole.	Sub-topics Work-lifebalance Training and skills development	Policies Share & Care Politique RH	Action plans Promoting work-life balance Training employees, developing their skills and employability
DIVERSITY, EQUITY AND INCLUSION
	Description L'Oréal strives to offer its employees a safe and respectful working environment, where everyone feels protected from all forms of violence and harassment. L'Oréal recognises that a lack of concrete and effective measures to deal with such situations could create a harmful working environment which negatively impacts employees' well-being and mental health (stress, anxiety, depression, and even traumatic disorders), as well as performance and personal fulfilment. Similarly, a lack of diversity, equity and inclusion could lead to risks of inequality and discrimination, including gender pay gaps and barriers to accessibility. This could have an impact on access to employment and employees' career opportunities, professional development, well-being and engagement.	Sub-topics Diversity Gender equality and equal pay for work of equal value Employment and inclusion of people with disabilities Measures against violence and harassment in the workplace	Policies Diversity, equity and inclusion policy HR policy Employee Human Rights policy Code of Ethics	Action plans Promoting diversity, equity and inclusion at all levels of the Company Achieve equal pay for work of equal value Ensuring respect for human rights in the workplace
	Description By providing an inclusive, fair and fulfilling working environment, L'Oréal can have a positive impact on its employees. Built on strong ethical principles, such a working environment could ensure the physical and psychological safety of all employees, thereby fostering mutual trust and respect. The Group encourages diversity across its teams, which stimulates innovation and creativity. In addition, L'Oréal's policy is to offer equitable career opportunities for all, and prohibits any discrimination related for example to gender, gender identity, sexual orientation, disability, age, political and philosophical opinions, religious beliefs, trade union membership, ethnic, social, cultural or national origins and any other discrimination prohibited under national legislation.