PARIS — L’Oréal’s senior vice president and chief ethics officer Emmanuel Lulin has been granted the 2015 Carol R. Marshall Award for Innovation in Corporate Ethics from the Ethics & Compliance Initiative.
The executive received the honor at a ceremony near Washington, D.C. It marked the first time a non-U.S. citizen and organization was the laureate. Former winners include ITT Corp., Best Buy and Raytheon Co.
The award recognizes the accomplishments and innovation of a business executive in the field of ethics and compliance.
“Ethics should be the keystone for any company and an essential duty,” said Jean-Paul Agon, chairman and chief executive officer of the L’Oréal Group. “A strong and effective culture of integrity is a competitive advantage, guiding short-term action and bringing long-term value. This award recognizes L’Oréal’s commitment to leading ethical standards.”
The world’s largest beauty maker was among the first French companies to establish a code of ethics, in 2000, and to name a chief ethics officer, in 2007.
