May 12, 2020 / 4:38 PM / 16 days ago

BRIEF-L'Oreal Launches EUR 150 Mln "L'Oréal For The Future" Programme

May 12 (Reuters) - L’Oreal SA:

* ANNOUNCES CREATION OF L’ORÉAL FOR THE FUTURE PROGRAMME : EUR 150 MILLION DEDICATED TO SUPPORT VULNERABLE WOMEN AND ENVIRONMENTAL EMERGENCIES

* IN EXCEPTIONAL CONTEXT OF COVID-19 PANDEMIC, L’ORÉAL ANNOUNCES CREATION OF PROGRAMME OF SOCIAL AND ENVIRONMENTAL SOLIDARITY

* L’ORÉAL HAS DECIDED TO MOBILISE EUR 100 MILLION DEDICATED TO IMPACT INVESTING, TO ACT ON TWO KEY ENVIRONMENTAL CHALLENGES

* EUR 50 MILLION TO SUPPORT WOMEN IN HIGHLY VULNERABLE SITUATIONS

* TO ACT ON REGENERATION OF DAMAGED NATURAL ECOSYSTEMS: EUR 50 MILLION WILL FUND PROJECTS TO RESTORE MARINE AND FOREST ECOSYSTEMS

* TO ACT ON THE FIGHT AGAINST CLIMATE CHANGE: EUR 50 MILLION WILL BE USED TO FINANCE PROJECTS RELATED TO THE CIRCULAR ECONOMY Source text : bit.ly/3cuwGMi Further company coverage: (Gdansk Newsroom)

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