L'Oréal Sustainability Challenge
Objective
Launching its 7th edition, L'Oréal is back with the Sustainability Challenge 2023. It is an all-Digital Challenge that resonates with L’Oréal’s sustainability program. At L’Oréal we are continuously striving towards an ever more responsible & sustainable business model. Our commitments focus on three key areas - the planet, the people, our products – with multiple initiatives and day-to-day actions to achieve our goals. We are committed to doing everything in our power to be exemplary. Very early on, L’Oréal became aware of the urgent need to address the challenges arising from the global environmental crisis.
Description
Launching its 7th edition, L'Oréal is back with the Sustainability Challenge 2023. It is an all-Digital Challenge that resonates with L’Oréal’s sustainability program.
At L’Oréal we are continuously striving towards an ever more responsible & sustainable business model.
Our commitments focus on three key areas - the planet, the people, our products – with multiple initiatives and day-to-day actions to achieve our goals. We are committed to doing everything in our power to be exemplary. Very early on, L’Oréal became aware of the urgent need to address the challenges arising from the global environmental crisis.
To define and refine L’Oréal’s next steps in sustainability, seven internal expert panels have been working since April 2019, coordinating independent studies and working with outside partners
and civil society. The outcome is a strategy with measurable, time-bound impact reduction targets that will guide our internal transformation, that of our stakeholders and our contribution to urgent
social and environmental needs.
This year for L’Oréal Sustainability Challenge we will be focusing on the PEOPLE & PLANET pillar. We want to create long term and sustainable impact and to achieve this, we want young and passionate change agents like you, to contribute to a better and more sustainable planet, while also creating a community of our consumers and supporters who can take this journey with us.
Eligibility and Team Rules:
This challenge is open to all final & pre-final year full-time undergraduate & postgraduate students from any discipline in any college based out of India.
A team must consist of exactly 3 members.
Each member has to register with official college email IDs.
Cross-specialization & cross-college teams are eligible.
Cross-year teams are not eligible.
A student cannot be a part of more than one team.
Any deviation from the above will result in immediate disqualification of the entire team.
Modification of team post registration will not be allowed.
All decisions in the matter of eligibility will be with L'Oréal & Unstop.
Structure of the competition:
It is a 4-tier challenge. Each team needs to register and successfully complete each round.
Round 1: Treasure Hunt Round
How aware are you of the world today and the world of L’Oreal? Brush up on your L’Oreal Quotient and answer 20 multiple-choice questions in the 2-week window. Quick responses fetch bonus points, giving you an early advantage in the competition.
Only the Team Leader will be able to take the treasure hunt round. The rest of the team can support the leader while answering.
It is mandatory for all teams to attempt the treasure hunt.
Round 2: Online Aptitude Assessment
Shortlisted teams from the treasure hunt round will get a set of questions to be answered within 20 minutes. Participants will be scored basis Accuracy, Speed and start Time.
Please note that it is mandatory for all team members to take the Assessment. A team will be scored based on the average marks of all team members attempting the assessment.
The Assessment will be based on general aptitude.
Round 3: Executive Summary Submission Round
You have to choose a track: PEOPLE or PLANET. The case study will be made available to you.
Each team will need to submit 3 slides solutions + a 2-minute video to present their ideas. You cannot add appendix slides. 3 slides don’t include the title slide and thank you slide. Any references should be given due credits. There is no predefined format. You can use your creativity to make the best presentation.
Round 4: Jury Presentation
Top 20 teams with the best ideas will be shortlisted for Round 4, who will pitch their idea to L'Oréal leaders virtually.
Before the presentation, each team will get the exclusive opportunity to be mentored by function experts from L'Oréal.
Round 5: Grand Finale
Top 10 teams from Round 4 will present their ideas in front of a Grand Jury.
Rewards and Prizes:
Apart from experience, the winners have a lot in store for them:
National Finalists – Get exclusive pre-placement interviews (PPIs) and a basket of L'Oréal goodies, because you are worth it!
All semi finalists stand a chance to recieve pre-placement interviews (PPIs) with L'Oréal India!
Undefined
Public
Strategy
Sustainibility
L'Oreal
Undefined