Firmenich USA Announces Gender Equality Certification; Beauty Sustainability And D&I News
Executive Summary
Corporate responsibility news from Firmenich and Unilever, plus L’Oreal’s investment in Swiss environmental tech startup Gjosa to further the companies’ development of water-saving innovations.
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Firmenich Certifies Global Operations To Fair Wage Standards, Sets Eye On Larger Value Chain
Firmenich says it is first in the industry and second in the world to certify 100% of employees to Fair Wage Network’s living wage standards. The Swiss fragrance and flavor firm is focused now on driving progress from suppliers and customers.
Beauty Industry Promoting ‘Equity’ With Black-Owned Brand Investments, Partnerships, D&I Goals
The Estee Lauder Companies, L’Oreal, J&J, Unilever and subscription beauty box firm BFA Industries are among companies taking action to promote racial equity within their organizations and beyond.
L’Oreal Names CEO To Follow Agon; ELC And Coty Appoint Digital Leadership; Executive News In Brief
Deputy CEO Nicolas Hieronimus will take L’Oreal’s helm beginning in May 2021, with Jean-Paul Agon continuing as chairman, the firm announced on 14 October. The Estee Lauder Companies hires PepsiCo’s Gibu Thomas to lead its online business, and Coty appoints its first chief digital officer.