L’Oréal, the commitment to environmental and social sustainability at the center of ‘For the future day’

The company’s Milan headquarters opened its doors to the public to talk about sustainability policy with international managers, representatives of institutions and industry experts

The new edition of ‘L’Oréal for the future day’an event open to the public which aimed to illustrate the social and environmental sustainability policy of the leading global cosmetics group. The event took stock of the results obtained so far thanks to the ‘L’Oréal for the future’ program and what the next objectives to be achieved are.

The event was attended, in person or remotely, by Alexandra Palt, chief corporate responsibility officer and CEO Fondation L’Oréal, Barbara Mazzali, Councilor for Tourism, Territorial Marketing and Fashion of the Lombardy Region. Andre Briceglobal vp sustainable packaging and development of the L’Oréal group, Celine Godardl4tf/gs tools & analysis group leader, Simone Targetti Ferrichief sustainability officer L’Oréal Italia, Serena Carpentieri, deputy general director of Legambiente, Enrico Giovannini, scientific director of Asvis, e Vincenzo Sebastianellibusiness line director and field marketing & professional solution officer, Gaia Contu, scientific communicator.

The L’Oréal group, leader in the cosmetics sector with 37 international brands operating in four different market areas from pharmaceuticals to the mass market, from luxury to professional salons, has adopted in recent yearsi a very ambitious sustainability policy that goes by the name of ‘L’Oréal for the future’. The program looks to the future with tangible and verifiable objectives and a roadmap to 2030 on climate, water, biodiversity and natural resources, in accordance with what scientific experts demand and what our planet needs.

“We believe we have a dual role to play in society,” he said Alexandra Paltchief corporate responsibility officer and CEO Fondation L’Oréal, in his opening speech: achieve a just and sustainable transition for ourselves and our ecosystem and, above all, contribute to addressing the challenges of the planet”.

“L’Oréal – he added Simone Targetti Ferri, chief sustainability officer L’Oréal Italia – is deeply committed to social and environmental sustainability. We have a roadmap that includes eco-sustainable transformation plans. It is essential to involve and raise consumer awareness towards responsible choices. One of the challenges we will pursue is that of refill and in doing so the role of consumers is very important.”

“We want our products to have an increasingly low impact – he declared Andre Bricand, global vp sustainable packaging and development of the L’Oréal group. In almost 100% of cases we managed to achieve the results we had set ourselves and to be circular. Furthermore, 26% of the packaging of our products does not come from fossil plastic”. “We want to contribute to respecting the limits of the planet established by the UN with the 2030 agenda – he commented Celine Godardl4tf/gs tools & analysis group leader at L’Oréal.- We have focused on achieving 100% eco design of the products and we want 95% of the ingredients to be circular on a mineral basis.”

The objectives of ‘L’Oréal for the future’

In the context of growing environmental and social challenges, L’Oréal has decided to accelerate its transformation towards a model that respects the planet’s limits and strengthens its commitments to sustainability and inclusion:

transform L’Oréal’s operations to respect the planet’s limitsa: by 2025 all L’Oréal sites will become ‘carbon neutral’ by improving energy efficiency and using 100% renewable energy; by 2030, 100% of the plastic used for the packaging of L’Oréal products will be obtained from recycled or bio-based materials; by 2030 L’Oréal will reduce total greenhouse gas emissions per finished product by 50% compared to 2016;

– contribute to solving the planet’s challenges, supporting urgent environmental and social needs, through an unprecedented plan launched in May 2020: L’Oréal has allocated 150 million euros to manage urgent environmental and social issues.

In order to enable consumers to make more sustainable choices, L’Oréal has developed a labeling mechanism that reports the environmental and social impact of products (product environmental & social impact labelling). Based on a scale from A to E, it was developed with the support of independent scientific experts, verified by an independent auditor and will be progressively applied to all brands and product categories.

The Group has therefore defined new quantifiable objectives for 2030 aimed at combating climate change but has also decided to go further, addressing three main environmental issues: preserving biodiversity, managing water resources in a sustainable way and using resources with a sustainable approach. circular. To ensure that its activities respect a planet where resources are limited and are fair to the communities in which it operates, L’Oréal will not only reduce its direct environmental impacts, but will also reduce the impacts of all activities, including those of suppliers and consumers.

The results of the ‘L’Oréal for the future’ program to date

L’Oréal has decided first of all to address the environmental impact of its production sites and distribution centers because it is precisely from this that a transformation process can start. Since 2005, the Group has reduced CO2 emissions from its plants and distribution centers by 91% in absolute terms, exceeding the initial target of 65% by 2020, while production volume has increased by 45% in the same period.

As of the end of 2022, L’Oréal had 110 zero-carbon sites (which means they use 100% renewable energy), including 22 factories. Among these is the Italian one in Settimo Torinese, an excellence in terms of sustainability which has already reached the goal of zero emissions in 2015.

In 2022, 97% of L’Oréal’s new or renewed products had an improved environmental and social profile. In 2022, 85,544 people gained access to employment through the ‘solidarity sourcing’ programme. In 2022, L’Oréal achieved an ‘A’ rating in all three CDP rankings – fighting climate change, managing water sustainably, preserving forests. This makes us the only company in the world to have received this recognition for 7 years in a row.

The social role of the company

L’Oréal is committed to guaranteeing all collaborators a salary that allows them to live in dignity. But that’s not enough, which is why L’Oréal is committed to ensuring that 100% of employees of strategic suppliers also receive a decent wage by 2030.

The Group has developed together with suppliers the ‘solidarity sourcing’ programme, through which a part of the Group’s global purchases are directed to suppliers who give people normally excluded from the labor market access to work and an income. This program includes companies that employ people from disadvantaged communities and companies that typically cannot access large tenders from multinational companies.

In 2022, L’Oréal implemented 401 projects in 70 countries helping 85,544 beneficiaries access work.



Source-www.adnkronos.com