Essilor Wins GEO Award for Employee Shareholding Technology

By


CHARENTON-LE-PONT, France—Essilor has won the “Best Use of Technology” award at the 2019 “GEO Awards” organized by the Global Equity Organization (GEO). This award, which Essilor has won for the second year in a row, recognizes the digital solutions developed by the lens maker to promote employee shareholding. These solutions have enhanced the effectiveness of the “Boost 2018” international employee shareholding plan by facilitating employees' participation in the plan through “simple and intuitive digital subscription tools,” according to Essilor.

The tools include an online subscription site, the launch of a management platform that centralizes the data of those involved in the plan in real time, or the automated registration of subscription forms through QR codes.

Currently, 68 percent of Essilor’s employee are shareholders, which corresponds to 46,000 people in 63 countries. The “Boost 2018” initiative was led in over 40 countries. With a record subscription rate of 66 percent, this second global initiative has enabled nearly 36,000 Essilor employees to become shareholders of EssilorLuxottica or increase their participation, Essilor said.