First FMCG company in India to receive the award
Mumbai, September 12, 2019: L’Oréal India has been awarded the prestigious EDGE (Economic Dividends for Gender Equality) Certification for the third time. It is also the only FMCG Company and one of the five organizations in India to be accredited with the advanced MOVE level of certification.
The EDGE assessment is the leading business certification for gender equality in the workplace that is universally applicable across industries and countries. EDGE MOVE is the second level certification awarded to the company that has already implemented a framework for change, achieved significant milestones and further commits to sharpen its action plan on gender equality policies and practices.
This certification recognizes L’Oréal India’s leadership and commitment to create, benchmark, and support gender equity throughout the workplace and in particular its policies for ‘equal pay for equal work’, building a flexible work culture and parity in recruitment, promotions and leadership trainings. The company maintains a high gender equality standard, passing regularly through audit certifications and gender pay gap assessments.
L’Oréal India was awarded the EDGE Certification after a rigorous audit by EDGE, which included a comprehensive review of the company’s gender policies and practices, detailed analysis of company statistics from the entire workforce, and evaluation of the employee experience in terms of career development opportunities at the company.
Roshni Wadhwa, Director – Human Resources, L’Oréal India said, “L’Oréal India has a long-standing commitment to gender equality and this reaffirms our position as an equal opportunity employer in India. Our partnership with EDGE has helped us measure our progress regularly as well as offer an attractive work environment to our employees. L’Oréal India will continue its efforts to retain a strong gender balance at all levels and drive new benchmarks for gender equality in the workplace.”
Aniela Unguresan, co-founder of EDGE Certification said, “Through its re-certification at the EDGE Move level, L’Oréal India is accelerating its journey towards gender balance. In addition to improving the effectiveness of its policies and practices to ensure equitable career flows for men and women, the company has significantly strengthened its proactive management of gender pay equity. L’Oréal India is also showing a percentage of women in management position that is almost 3 times higher than the national median of companies operating in India. We warmly congratulate L’Oréal India on these significant achievements.”
Corporate Comm India (CCI Newswire)
