L'Oréal Announces Its New Sustainability Commitment for 2020 "Sharing Beauty
CLICHY, France, Oct. 23, 2013 /CNW/ - Jean-Paul Agon, Chairman and CEO of
L'Oreal, announced today the new commitment L'Oreal has made to transform by
2020 the sustainability footprint of the company while achieving its business
Achieving growth sustainably
L'Oreal's ambition is to win 1 billion new consumers by means of its
universalization strategy which aims to answer all the diverse beauty needs of
men and women around the world. Part of the Group's growth strategy is its
commitment to produce more but with less impact and to engage consumers, who
are at the heart of its business, to make sustainable choices by offering them
products that are both sustainable and desirable. In order to achieve this,
L'Oreal commits to improving every part of its value chain, from research to
operations, while sharing its growth with the communities it touches through
"Sharing Beauty With All".
Jean-Paul Agon, said: "L'Oreal has a strong legacy in sustainability and a
thorough ambition for the future. We are proud to announce "Sharing Beauty
With All", our sustainability commitment for 2020. We believe consumers are at
the heart of our sustainability drive and we want to reach the next billion
consumers while making a positive impact on the world. By accelerating
sustainable innovation within our business, and harnessing the power of our
brands to inform consumers, we will raise awareness about sustainability and
encourage consumers to make more sustainable choices."
These commitments are the result of 2 years of exchange with various
stakeholders throughout the world. L'Oreal will report regularly on its
progress against each goal with the help of a panel of independent assessors,
chaired by Jose Maria Figueres, an authority in the world of sustainability,
and consisting of international experts*.
"Sharing Beauty With All" is a commitment in four areas:
1. Innovating sustainably - By 2020, we will innovate so that 100% of products
have an environmental or social benefit.
Every time we invent or update a product, we will improve its environmental or
social profile against at least one of the following criteria:
-- The new formula reduces the environmental footprint.
-- The new formula uses renewable raw materials that are
sustainably sourced raw materials derived from green chemistry.
-- The new packaging has an improved environmental profile.
-- The new product has a positive social impact.
2. Producing sustainably - By 2020, we will reduce our environmental footprint
by 60 % whilst bringing beauty to one billion new consumers.
-- We will reduce CO2 emissions at our plants and distribution
centers by 60 % in absolute terms, from a 2005 baseline.
-- We will reduce our water consumption by 60% per finished
product unit, from a 2005 baseline.
-- We will reduce waste by 60% per finished product unit, from a
-- We will send zero waste to landfill.
-- We will reduce our CO2 emissions from transportation of
products by 20 % per finished product unit from a 2011
3. Living sustainably - By 2020, we will empower every L'Oreal consumer to
make sustainable consumption choices while enhancing the beauty of the planet.
-- We will use a product assessment tool to evaluate the
environmental and social profile of 100% of new products and
all brands will make this information available to allow
consumers to make sustainable lifestyle choices.
-- All L'Oreal brands will assess where they have the biggest
environmental and social impact, and make commitments to
improve their footprint. Every brand will report on its
progress and raise awareness among consumers about sustainable
-- Our consumers will be able to influence our sustainability
actions through our consumer sustainability panel.
4. Developing sustainably
a. Employees: By 2020, L'Oreal employees will have access to health care,
social protection and training, wherever they are in the world.
-- We will provide health coverage for employees, which is aligned
with the best practice of the country they are based in.
-- We will provide financial protection for all employees if
unexpected life events such as incapacity or permanent
-- Every L'Oreal employee will have access to at least one
training per year wherever they are in the world.
b. Suppliers: By 2020, 100% of our strategic suppliers will be participating
in our supplier sustainability program.
-- All strategic suppliers will be evaluated and selected on
social and environmental performance.
-- All strategic suppliers will have completed a self-assessment
of their sustainability policy with our support.
-- All suppliers will have access to L'Oreal training tools to
improve their sustainability policies.
-- 20% of strategic suppliers will be associated with our
solidarity sourcing program.
c. Communities: By 2020, we will enable more than 100,000 people from
underprivileged communities, equivalent to the size of our global workforce,
to access work.
We will achieve our goal through programmes in the following areas:
-- Solidarity sourcing
-- Inclusive distribution
-- Beauty professionalization
-- Mentoring and community education
-- Employment of disabled people and under-represented
*Our panel of international experts:
-- Sze Ping, Chinese environmentalist, former Greenpeace activist,
Executive Director of Greenovation Hub.
-- Mehjabeen Abidi-Habib, Pakistani researcher in human ecology,
specialist of natural resources management.
-- HRH Celenhle Dlamini, South African, one of the Directors of
Ubuntu Institute working on the achievement of the UN
Millennium Development Goals.
-- Zem Joaquin, American, eco-luxury specialist and founder of "
eco-fabulous " website aiming to make sustainability desirable.
-- Analisa Balares, American, Founder and CEO of Womensphere[TM],
developing media tools, online communities, and an award to
inspire and support women willing to make a difference.
-- Christian de Boisredon, French, promoting the concept of
"impact journalism" through Sparknews, in order to give
visibility to positive initiatives throughout the world.
To know more about "Sharing Beauty With All" and L'Oreal's past achievements
in sustainability: http://www.loreal.com/sharingbeautywithall
L'Oreal, the world's leading beauty company, has devoted itself to all forms
of beauty in the world for over 100 years and has built a unique portfolio of
28 international, diverse and complementary brands.With sales amounting to
22.5 billion euros in 2012, L'Oreal employs 72,600 people worldwide. In 2013,
the Ethisphere Institute, a leading international think-tank for business
ethics, corporate social responsibility and sustainability, recognized L'Oreal
as one of the World's Most Ethical Companies. This is the fourth time that
L'Oreal has received this distinction. http://www.loreal.com
Carolyn GIANG | Tel: +33-(0)1-47-56-8788 |Carolyn.Giang@loreal.com
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