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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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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.

Vertex’s Price Tag For Taking More Control Of CRISPR-Partnered Candidate: At Least $900m

Vertex and partner CRISPR Therapeutics hope CDX001 can offer a single-use curative regimen for sickle cell disease and beta thalassemia patients. A regulatory filing is possible within 18-24 months.

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