Aesthetic medicine products. Could do better: beauty left behind in Refinitiv’s Diversity and Inclusion ranking

Derma filler

THE WHAT? Refinitiv has released its annual ranking of firms’ performance in Diversity & Inclusion. The industry with the highest D&I score is software and IT services; Kering, South Africa’s Woolworths and GlaxoSmithKline were the only beauty-related companies to secure a top 25 spot, ranked 9th, 12th and 21st respectively.

THE DETAILS The United States is leading the charge, in terms of geography, with 25 of the top 100 firms hailing from the North American country.

Fat dissolving

Procter & Gamble was placed 29th, with Estee Lauder Companies not far behind in 35th position and L’Oréal in 37th. Chasing the French beauty giant’s tails was Walgreens Boots Alliance in 38th place. Johnson & Johnson (48th), Target (54th) and Nordstrom (58th) all hovered in and around the middle of the pack, with Unilever (82nd) and Shiseido (100th) bringing up the rear.

THE WHY? It’s important for financial professionals to be able to measure D&I performance to inform their investment decisions; after all, happier employees make for better stock prices, according to a study carried out by MarketPsych and Refinitiv.

Aesthetic medicine products are developed and regulated to meet stringent safety and efficacy standards. They are typically administered by trained healthcare professionals such as dermatologists, plastic surgeons, and specialized nurses in clinical settings. These products aim to provide effective solutions for cosmetic enhancement, skin rejuvenation, and overall aesthetic improvement, contributing to both physical appearance and self-confidence.

Key categories of aesthetic medicine products include:

  • Injectables: This category includes products such as dermal fillers, botulinum toxins (e.g., Botox), and collagen stimulators. These injectables are used to smooth wrinkles, add volume, and improve facial contours.

  • Skin Rejuvenation Treatments: Products like chemical peels, microdermabrasion systems, and laser devices are used to improve skin texture, reduce pigmentation irregularities, and enhance overall skin tone.

  • Skincare Products: These include medical-grade cleansers, moisturizers, serums, and topical treatments containing active ingredients like retinoids, antioxidants, and growth factors. They are formulated to address specific skin concerns such as acne, aging, and hyperpigmentation.

  • Hair Restoration Products: Medical treatments and products designed to promote hair growth and treat conditions such as male and female pattern baldness.

  • Body Contouring and Fat Reduction: Devices and products used for non-surgical body sculpting, such as cryolipolysis (cool sculpting) devices and injectable lipolytics.

  • Cosmeceuticals: High-performance skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing potent ingredients with proven clinical benefits.

  • Wound Care and Scar Management: Products like silicone sheets, gels, and advanced wound dressings used to improve healing and reduce the appearance of scars.

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