L’Oréal Unveils Its Next Generation Of Sustainability Targets For 2030
Published on Jul 6 2020 7:59 AM
L’Oréal has unveiled its new sustainability program 'L’Oréal for the future', laying down the group’s latest set of ambitions for 2030.
The cosmetics giant said that by 2025, all of L’Oréal’s sites will have achieved carbon neutrality by improving energy efficiency and using 100% renewable energy.
By 2030, 100% of the plastics used in L’Oréal’s products’ packaging will be either from recycled or bio-based sources, the company said.
The group also highlighted that by 2030, L’Oréal will reduce by 50% per finished product, compared to 2016, its entire greenhouse gas emissions.
In order to empower its consumers to make more sustainable choices, L’Oréal said that it has developed a Product Environmental & Social Impact Labelling mechanism, scaling from A to E.
The company said that the move is endorsed by independent scientific experts and verified by an independent auditor, which will be progressively deployed for all brands and categories.
“L’Oréal’s sustainable revolution is entering a new era. The challenges the planet is facing are unprecedented, and it is essential to accelerate our efforts to preserve a safe operating space for humanity," said Jean-Paul Agon, Chairman and CEO of L’Oréal.
"We do so in our own business operations and in our contribution to the society at large. We know that the biggest challenges remain to come and L’Oréal will stay faithful to its ambition: operate within the limits of the planet," he added.
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