244
Fashion Jobs
H&M
Visual Merchandiser Manager- Newmarket
Permanent · AUCKLAND
L'OREAL GROUP
Operations & Transport Manager
Permanent · AUCKLAND
ABBOTT
Tpm Contract Manufacturing Manager
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Optometrist - Opsm Rotorua
Permanent · ROTORUA
DANGERFIELD
Online Coordinator
Permanent · AUCKLAND
PUMA
Key Account Manager nz
Permanent · AUCKLAND
L'OREAL GROUP
Key Account Manager
Permanent · AUCKLAND
PETER ALEXANDER
Part Time - Sales Assistant - Peter Alexander nz - Queenstown
Permanent · QUEENSTOWN
FOOT LOCKER
Sales Associate Casual
Permanent · LOWER HUTT
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Manukau
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Dunedin
Permanent · DUNEDIN
ESSILORLUXOTTICA GROUP
Retail Associate | Opsm Rangiora Eyecare
Permanent · CANTERBURY
PETER ALEXANDER
2 x Casual - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
PETER ALEXANDER
2 x Part Time - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
LULULEMON
Assistant Manager | Christchurch (Tuesday - Saturday Rotation)
Permanent · CHRISTCHURCH
ICEBREAKER
Icebreaker : Sales Associate, Casual - Wellington Airport Touchlab
Permanent · WELLINGTON
DFS
Personal Shopper
Permanent · AUCKLAND
H&M
Department Manager- Chartwell (Hamilton)
Permanent · HAMILTON
H&M
Store Manager Wellington
Permanent · WELLINGTON
H&M
Sales Advisor- 28h
Permanent · AUCKLAND
H&M
Assistant Store Manager- Sylvia Park
Permanent · AUCKLAND
H&M
Department Manager- Sylvia Park
Permanent · AUCKLAND
By
AFP
Translated by
Nicola Mira
Published
Apr 25, 2022
Reading time
2 minutes
Download
Download the article
Print
Text size

L'Oréal launches investment fund to promote circular innovation

By
AFP
Translated by
Nicola Mira
Published
Apr 25, 2022

On Thursday, on the occasion of Earth Day, L'Oréal has announced the launch of a new investment fund to promote circular innovation to which, as the leading investor, the world's number one cosmetics group is contributing €50 million.


L'Oréal


This “impact” fund will be managed by Demeter and Cycle Capital, two asset management firms focused on ‘clean’ technologies, the first based in Paris and the second in Montreal.

“This fund is open to other investors, from institutional to corporate and private ones,” said Alexandra Palt, the group's chief corporate responsibility officer and CEO of the L’Oréal Foundation, speaking to the AFP agency.

The fund is currently endowed with €80 million in capital, and aims to reach €150 million.

“The Circular Innovation Fund (CIF) will support start-ups and companies across North America, Europe and Asia that are promoting the circular use of resources across various sectors, including new materials from the bio-economy, circular solutions for packaging, recycling and waste, logistics, and eco-efficient processes,” L’Oréal stated in a press release.

CIF will fund “projects in three continents where the circular economy has reached a degree of maturity, because we want to invest in well-proven projects whose test phase has been completed and which are moving on to the launch phase, projects we can help scale up,” said Palt.

As examples of projects backed by CIF, L’Oréal cited circular fashion start-up For Days, which has helped recycle over 150,000 garments in the last 12 months, and Aphea.Bio, a company whose mission is to develop new, superior bio-chemicals for agricultural use, to reduce or substitute the widespread use of traditional chemicals.

“Impact investing is a perfect illustration of sustainable finance, in other words the ability to combine financial value creation with environmental and social value creation,” said Christophe Babule, executive vice-president and CFO of L’Oréal, quoted in the press release.

Paris, April 21 2022 (AFP

Copyright © 2024 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.