L'Oréal has been recognized by the Ethisphere Institute, a world leader in defining and promoting ethical business standards, as one of the "World's Most Ethical Companies" (2016 World's Most Ethical Company).

This recognition is awarded to companies that act in accordance with their principles, work tirelessly to make trust a key component of their corporate DNA, and shape the future standards of their industry by adopting tomorrow's best practices today.

Winning the award for the 7th time demonstrates L'Oréal's commitment to high ethical standards.

Jean-Paul Agon, Chairman and CEO, commented: " We are honored to have been selected by Ethisphere, and this award is a source of pride for all L'Oréal employees. Over the past 10 years, we've seen growing expectations for responsible corporate behavior. Over the next 10 years, Ethics will be an essential element of the right to operate, not just an optional extra. Ethics will be a decisive competitive advantage for companies pioneering this field. "

Emmanuel Lulin, Director General of Ethics and Chairman's delegate, commented: " This seventh recognition reinforces our belief that a company with a strong culture of integrity is far more valuable. L'Oréal's four Ethical Principles - Integrity, Respect, Courage and Transparency - help us to make better decisions and meet the ethical challenges of today and tomorrow. "

" Companies rely on Ethisphere to continuously raise and measure standards of corporate behavior. Those at the forefront of corporate citizenship, integrity and transparency create more value for their investors, the communities in which they operate, their customers and their employees, reinforcing a sustainable business advantage.explains Timothy Erblich, President and CEO of Ethisphere. We congratulate all L'Oréal employees on this award. "

The "World's Most Ethical Companies" assessment is based on the Ethisphere Institute's Ethics Quotient™ (EQ), developed after several years of research, verified and refined with the help of the Expert Council. This quotient provides an objective, consistent and standardized quantitative assessment of corporate performance. The information gathered offers a comprehensive sampling of benchmark criteria relating to core competencies, rather than all aspects of corporate governance, risk management, sustainable development, compliance and ethics.

Scores are awarded in five key categories: ethics and compliance (35 %), social and corporate responsibility (20 %), ethical culture (20 %), governance (15 %) and leadership, innovation and reputation (10 %), and are communicated to each of the companies taking part in the process.

[https://www.loreal.com/group/governance/acting-ethically.aspx]

The market for organic products has been growing steadily for the past ten years. But who are the buyers of organic food and cosmetics? Why have they switched to organic? Why do they stay? Organics Cluster Rhône-Alpes and Cosmebio have joined forces to answer these questions by devising a consumer study entitled "Consumer profile and purchasing practices for organic cosmetics and food in 2016 (1)", carried out by OpinionWay/ Senseva. This study delivers pertinent messages and heralds a new landscape of French consumption and behavior.

Health-conscious consumers

The results of the study highlighted the fact that over 80% (%) of organic product buyers are attentive to their physical and psychological health. More than half of them (50 %) take part in regular physical activity, and most of them take part in outdoor or sporting activities on a weekly basis. They have a marked interest in cooking and the search for quality food products (+ 60 %), but also in well-being activities, a phenomenon that is more pronounced among consumers of organic cosmetics (+ 50 %).

Focus on the 1st organic experience

For +50 % of buyers, the main trigger for buying organic is awareness: ecological impact, health problems, health scandals. More often than not, the key to organic products is food, purchased mainly in supermarkets (nearly 60 %). Consumers then move on to processed products and/or organic cosmetics. The majority of organic consumers are recent arrivals, given the innovation and communication efforts of organic companies (58 % of food purchases less than 5 years ago, and 70 % of cosmetics purchases less than 5 years ago).

Going organic means changing your lifestyle

For 85 % of buyers, going organic means a change in lifestyle: 71 % are more attentive to their consumption habits (food waste, consuming less but better, waste management, car pooling...). 65 % are more attentive to their health: they take care of their bodies, take detox cures, start or intensify their physical activity.

The 4 main reasons for going organic :
* Reassure yourself (protect your health, consume healthy products, protect your skin) 41 %
* values (preserving nature, the planet, respect for producers) 26 %
* pleasure (well-being of self and family) 21%
* by fear (pesticides, chemicals) 15 %

For all consumers, the switch to organic is a lasting one. The terms most frequently used in open-ended questions about buying organic products are pride, relief, interest and pleasure. Consumption of organic products appears to be a "serious" act, fuelled by the need for safety, meaning and consistency. This consumption remains essentially based on trust in the sector, and imposes a high level of demand.

The study defined different typologies of organic food and cosmetics buyers.

Characteristics and profile of organic cosmetics buyers

Organic cosmetics buyers more committed than average

First observation: 85 % of organic cosmetics buyers have also purchased an organic food product in the last 12 months. We also note that awareness of ecological impact, health scandals and health problems are much more important triggers among organic cosmetics buyers. Consumption of organic products is highest among organic cosmetics buyers (74 %).
To reassure themselves, these consumers are attached to the visibility of a label and respect for the skin.
Organic cosmetics are bought in supermarkets, pharmacies and parapharmacies, and organic stores in equal proportions. The top products are: face care (20 %), hair care (20 %) and body care (16 %).

The 5 profiles of organic cosmetics buyers

Committed ambassadors (33 %)

This group has the same average age as the French. They have strong values (environment, nature...) associated with a high purchasing potential. The presence of an organic label is important. They are more prescriptive than the average, and are more interested in the virtues of nature.

Beauty addicts (25 %)

This is a young group, with a very high proportion of women, who go out in the evening and like to visit relaxation/well-being areas. This group has a low consumption of organic products, and prefers to focus on price as the main reason for purchasing.

Health-conscious seniors (21 %)

This group is made up of a large proportion of people aged 65 and over, who are not very active on social networks. They are mainly looking for skin-friendly products, but an organic label is of little importance to them.

Animal lovers (12 %)

The guarantee that cosmetics are not tested on animals is an important purchasing criterion. Consuming organic cosmetics allows them to be consistent with their values.

Organic hipsters (8 %)

Made up of 51% men, this group is very active on social networks. They focus on their physical appearance, diet and well-being. For them, consuming organic cosmetics is synonymous with dreaming and traveling.

*(1) Consumer surveyOrganics Cluster/ COSMEBIO conducted by Senseva/ OpinionWay from February 2 to 14, 2016 -according to the CAWI method- among a sample of 1,076 buyers of organic products from March 2015 to March 2016, representative of the French population aged 18 and over.

[www.cosmebio.org]

With an attendance of 2200 visitors during 2 days, Forum Labo & Biotech Lyon - event of the CIFL - which was held in Lyon on March 30 and 31, has mobilized the key players of the Auvergne/Rhône-Alpes and PACA regions making this first edition a great success.
This success is justified in many respects: a 2-day format conducive to conviviality, constructive business meetings with 317 scheduled appointments, rich content combining scientific conferences and technical training courses, which were acclaimed by 823 attendees, and a showcase for innovation in the profession with 146 new products presented. Forum Labo & Biotech Lyon thus confirms its position as the leading event in the laboratory market!

A STRONG ATTENDANCE BEYOND THE AUVERGNE/RHONE-ALPES AND PACA REGIONS

This first edition echoed the dynamism of the laboratory market in the Auvergne/Rhône-Alpes and PACA regions, which represents approximately 20 % of this national market with more than 400 million euros.
Of course, the proportion of the Auvergne/Rhône-Alpes and PACA regions is important, since 68% of the 2200 visitors to the show came from these regions, but it is interesting to note that 32 % of the visitors came from the rest of France (mainly Ile de France, Languedoc-Roussillon, Burgundy and Pays de la Loire) and Switzerland.
This success is explained by a wide and diversified product offer for research, analysis and control, presented by 171 exhibitors (Consumables 33 %, Products/Reagents 29 %, Equipment 50 %, Instrumentation 49 %, Services 47 %).

A FRUITFUL BUSINESS CLIMATE SUPPORTED BY LAB'MEETINGS

The business meeting platform generated 317 targeted and qualified meetings between exhibitors and visitors. The optimized visit time allowed visitors registered for Lab'Meetings to make very fruitful contacts. The participants had short-term projects and 7 of them had an active role in the purchasing process.

POPULAR SCIENTIFIC CONFERENCES AND TECHNICAL TRAININGS

The program of scientific conferences and training sessions met the expectations of visitors and their increased need for expertise, with 823 people attending.
11 high-level training courses, provided free of charge by several exhibitors (Analytik JenA France, Aspec, GE Healthcare, Honeywell, Messer France, Metrohm, Mettler Toledo, Pall Life Sciences, Perkinelmer, Promega France, Sigma-Aldrich, Thermo Scientific), offered 534 participants the opportunity to deepen their knowledge of specific scientific and technical subjects. They were entitled to a training certificate.
The conference "Chromatography of the forbidden" organized by the Club Lyonnais de Chromatographie of the AFSEP attracted 180 participants and the conference "Towards Biology 2.0: innovative tools for the management of accreditation in medical laboratories" (organized by Horizons Qualité) brought together 110 people.

THE REVEALER OF INNOVATION AND RESEARCH

Forum Labo & Biotech Lyon fully played its role as a vector for innovative multi-sector products and services with 146 new products presented, including 72 previews (38 % with a European and international focus).
With its success, the new edition in Lyon is certainly an experience to be repeated. For now, the next appointment with this show will be in Paris from March 29 to 31, 2017 at Paris expo Porte de Versailles.

The Brazilian cosmetics sector was affected by the slowdown in the Brazilian economy in 2015. After more than two decades of double-digit growth, beauty industry sales totaled BRL 42.7 bn (around EUR 10 bn), down 6 % on 2014.

Nevertheless, Brazil remains the 3rd^e world market for beauty and personal care products, behind China and the United States.

At the same time, local cosmetics manufacturers continue to bet on the launch of innovative new products to circumvent the crisis, seeking to bring real benefits and novelties to consumers, motivating them to buy. The sector's growth potential remains positive, thanks to the large volume of potential consumers, which represents an excellent prospect for French manufacturers of luxury packaging and innovative ingredients (sectors still underdeveloped in Brazil).

Brazil is the world's leading consumer of deodorants, perfumes and children's products; second in men's products, oral care, hair care, sun care and bath products; third in make-up; fourth in skin care products; and fifth in depilatory products.

The sector's development prospects are still significant, due in particular to the low relative penetration rate of certain products, the aging of the population and cultural changes.

Domestic industry is highly developed. The perfumes, cosmetics and personal care sector includes 1,659 companies. However, 20 of these companies alone account for 73 % of the sector's sales volume, with revenues in excess of R$100 million. Large local and international groups share the market. Among the most important are multinationals such as Avon, Coty, Colgate-Palmolive, Johnson & Johnson, Procter & Gamble, Unilever and L'Oréal, as well as Brazilian companies Natura SA and O Boticário.

In a difficult economic climate, and in the face of stiff local competition, the industry is now looking to step up the launch of innovative, affordable products.

Importers and distributors of raw materials for the local cosmetics industry are keen to meet this demand for constant innovation, by searching international markets for packaging and ingredients that meet consumer requirements. The following segments are particularly buoyant:

• transforming agents contained in hair products: ingredients used to modify the nature of the hair or repair it as quickly as possible;
• sensory modifiers that can offer: new textures, better penetration of cellular layers (for skin hydration), improved skin luminosity, a pleasant fragrance;
• unique ingredients capable of combining and delivering the greatest possible benefits;
• specialized ingredients for black skin with special characteristics (normal to oily and very sensitive);
• new molecules for suncare products.

It is important to emphasize that access to the Brazilian cosmetics ingredients market is relatively simplified from a regulatory point of view; the vast majority of cosmetics ingredients, for example, are not required to register with the Brazilian National Sanitary Surveillance Agency (ANVISA). Finished cosmetics, on the other hand, are subject to much more rigid and restrictive legislation.

For raw materials manufacturers wishing to explore the market, the In-Cosmetics Brasil (held from October 5 to 6, 2016 in São Paulo) is a must-attend event. The show brings together over 200 exhibitors of raw materials, fragrances, laboratory equipment and testing and regulatory solutions, and nearly 3,000 cosmetics manufacturers from all over Latin America.

More information

For the third year running, Business France is organizing a France pavilion at the event.

https://www.cosmetiques.industries/lien/bresil