L'Oréal redoubles its efforts to achieve ambitious sustainability targets
While the consequences of climate change become more and more real, affecting also the cosmetic sector, the L'Oréal Group reports on its targets to significantly reduce its environmental footprint and reaffirms its commitment to fight climate change.
"Climate change is a reality and it impacts the most vulnerable within our value chain, for example farmers and producers of certain natural ingredients, such as shea butter from Burkina Faso or argan oil from southern Morocco" says Alexandra Palt, Chief Sustainability Officer.
"Action is urgently needed. At the halfway mark of our 2020 ambitions, we are going to redouble our efforts to reduce our environmental footprint and reach our targets, particularly in terms of sustainable production and innovation", she declares.
The results published today by L'Oréal in the 2016 Sharing Beauty With All Progress Report prove the progress made.
Sustainable Production: a performing low-carbon model
By reducing the emissions of its plants and distribution centres by 67%, in absolute terms, from a 2005 baseline, L'Oréal has exceeded its target of a -60% reduction in CO2 emissions, four years ahead of schedule, while increasing its production by 29% during the same period.
Furthermore, by the end of 2016, the Group counts 15 industrial sites that have achieved carbon neutrality.
This exceptional performance is acknowledged by the CDP, an independent international organisation, which evaluates the environmental performance of companies. In 2016, among almost 3,000 companies evaluated, L'Oréal is one of two companies in the world awarded with a score of "A" representing the highest level of performance on three key topics: climate protection, sustainable water management and the fight against deforestation.
Sustainable innovation: gradual improvement of all new products
By 2020, L'Oréal is committed to improve the environmental or social profile of 100% of its new or renovated products. This means that all consumers around the world can be assured that every new L'Oréal product they buy has improved its impact on the environment and on society. This commitment concerns all L'Oréal brands and 82% of the products launched in 2016 (74% in 2015) already show such an improvement. Some the new products launched in 2016 demonstrate levels of biodegradability exceeding 98%, such as, for example the shampoos and conditioners of the new Biolage R.A.W. range, or the Garnier Ultra Doux 5 Plants shampoo.
Download the report and discover all the results: sharingbeautywithall.loreal.com/results