The L'Oréal group has set up a European solidarity plan to support the fight against the coronavirus by all those involved: hospitals, EHPAD and pharmacies, who are fighting on the front line to limit the spread of the coronavirus; food retailers, who provide essential consumer needs; hairdressers, perfumeries and small business suppliers, who are particularly exposed and vulnerable to the economic crisis caused by the epidemic; and finally, partner associations, committed to the fight against precariousness, who need support more than ever.
The Group will therefore implement the following measures with immediate effect:
- Solidarity with health authorities Production of hydroalcoholic gel: the Group's plants, which started manufacturing hydroalcoholic gel last week, will be stepping up production in large quantities over the coming weeks to meet the needs of French and European health authorities.
- Solidarity with healthcare personnel and pharmacists The La Roche-Posay brand will be supplying hydroalcoholic gel to all its hospitals, nursing homes and main partner pharmacies in Europe, which are the first line of defence against the coronavirus, and are committed every day to protecting us and containing the epidemic. The company is already supplying bottles free of charge to French pharmacies able to produce hydro-alcoholic gel in their own dispensaries.
- Solidarity with food distribution The Garnier brand will offer and distribute several million units of hydro-alcoholic gel free of charge to all its European food retailing customers, so that their employees, who remain on the job to meet consumers' basic needs, can protect themselves by applying the recommended barrier measures.
- Solidarity with small businesses in the distribution channels of the group (hair salons, small perfumeries): L'Oréal will freeze all their receivables until business picks up again.
- Solidarity with the most vulnerable suppliers L'Oréal will shorten its payment terms for the most exposed customers by systematically offering cash payment.
- Solidarity with the most disadvantaged To contribute to the fight against the coronavirus, and in particular to enable the most disadvantaged people to apply barrier measures and cope with the consequences of the epidemic, the L'Oréal Foundation has decided to donate one million euros to its partner associations involved in the fight against precariousness. The associations supported throughout the year by the L'Oréal Foundation will also be offered hygiene kits (shower gel and shampoo) and hydro-alcoholic gel for social workers, volunteers and beneficiaries.
Jean-Paul Agon, Chairman and CEO of the L'Oréal group, explains: " In this exceptional crisis situation, it is our responsibility to contribute in any way we can to the collective effort. Through these gestures, L'Oréal wishes to express its gratitude, support and solidarity towards all those who are mobilizing with extraordinary courage and self-sacrifice to fight this pandemic. "
Listen to a recent interview with Jean-Paul Agon on our Cosmetalks podcast.
