Keen to ensure sustainable, responsible and inclusive growth, L’Oréal wants others to benefit from its development by being a socially responsible player within the communities where it is present. Purchasing can be an effective economic and social lever for promoting social inclusion of fragile individuals. This is why, in 2010, the Group set up a global responsible purchasing programme named “Solidarity Sourcing”. Thanks to this programme, new categories of suppliers can now have access to the purchasing process of a major international group such as L’Oréal. These include companies specialised in employing the disabled and the disadvantaged, small and mid-sized businesses, minority-owned companies and producers practising fair trade. After a stringent selection process for new suppliers ensuring compliance with the Group’s fundamentals in the fields of ethics, environment and social affairs, while preserving competitiveness and industrial performance, the economically vulnerable are given long-term access to work and income.
A sustainable programme integrated into the group’s business
This global responsible purchasing programme enables the establishment of fair and long-lasting business partnerships which create economic, social and societal value. Fully integrated into the roadmap for buyers, the “Solidarity Sourcing” programme is applied in all L’Oréal purchasing centres worldwide. Local initiatives are encouraged which subsequently inspire the rest of the Group. To extend the impact, L’Oréal has moved to convince traditional suppliers to deploy a similar approach. The first global Suppliers’ Day organised by the Group in June 2012 brought together 100 strategic suppliers to encourage them to adopt this approac.
- 15,000 individuals benefited from this programme in 2012