Social & Environmental Performance

2022 was the second year of implementation for L’Oréal for the Future, the Group’s sustainability programme for 2030.

L’Oréal for the Future

For many years now, L’Oréal has been working to reduce its impact on the environment and make a positive contribution to society. Building on its belief that financial performance goes hand in hand with environmental and social performance, the Group renewed its commitment in 2020 by launching L’Oréal for the Future.
The programme outlines the sustainable transformation L’Oréal aims to complete by 2030 and embodies the three facets of the Group’s corporate responsibility goals:
• Reducing our impact and ensuring the Group’s business respects planetary boundaries established by the international scientific community.
• Empowering our ecosystem to be a part of the transformation by encouraging our partners, our consumers, our industry and beyond to become agents for change.
• Contributing to solving the environmental and social challenges facing the world.
Our aim: to work together to build a more resilient, more inclusive, more sustainable future.

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2022 results and future goals

Transforming our business

  • By 2025, all our sites will have achieved “carbon neutral” status by improving energy efficiency and using 100% renewable energy.

     2022 results : 65%, 2030 goals : 100%

  • By 2030, we will innovate to enable our consumers to reduce their greenhouse gas emissions resulting from the use of our products by 25% compared to 2016 on average and per finished product (TCO2eq/kg of formulas sold).

     2022 results : -24%, 2030 goals : -25%

  • By 2030, 100% of the water used in our industrial processes will be recycled and reused in a loop.

     2022 results : 13%, 2030 goals : 100%

  • By 2030, 100% of the biobased ingredients for formulas and packaging materials will be traceable and will come from sustainable sources; none of them will be linked to deforestation.

     2022 results : 92% //Scope: bio-sourced ingredients of formulas, packaging excluded.//, 2030 goals : 100%

  • By 2030, 95% of our ingredients in formulas will be biobased, derived from abundant minerals or from circular processes.

     2022 results : 61%, 2030 goals : 95%

  • By 2030, 100% of the plastic used in our packaging will be either from recycled or biobased sources (we will reach 50% by 2025).

     2022 results : 26%, 2030 goals : 100%

  • By 2030, 100% of the waste generated at our industrial sites will be recycled or reused.

     2022 results : 61%, 2030 goals : 100%

Empowering our business ecosystem

  • By 2030, 3 million people will benefit from our brands’ social engagement programmes.

     2022 results : 2,5 m //Consolidated data based on statements received directly from NGO partners.//, 2030 goals : 3 m

  • By 2030, we will help 100,000 people from disadvantaged communities gain access to employment.

     2022 results : 17,827 //17,827 additional beneficiaries since 2020.//, 2030 goals : 100,000

  • By 2030, all Group products will be eco-designed.

     2022 results : 97%, 2030 goals : 100%

Contributing to solving the challenges of the world

  • By 2023, we will have allocated 50 million euros to support the most vulnerable women via the L’Oréal Fund for Women.
    We provided direct assistance to 1,230,000 women and girls within their communities.

     2022 results : €30 m , 2030 goals : €50 m

Distinctions

CDP: AAA for seven years in a row

L’Oréal is a global leader in sustainable development thanks to our efforts to tackle climate change, protect forests and ensure sustainable water management.

S&P Global Ratings: 85/100

The ESG assessment reflects the Group’s ability to deliver strong performance through the commitment of L’Oréal’s senior managers to an ambitious sustainability strategy.

EcoVadis: 83/100 – Platinum medal

The Group earned a Platinum medal from EcoVadis. As part of the top 1% of companies assessed by the agency, L’Oréal received recognition for its extra-financial performance in four main areas: Ethics, Environment, Labour & Human Rights, and Sustainable Procurement.

Ethisphere: 13th year

In 2022, L’Oréal was named one of the world’s most ethical companies for the 13th time. This means that the Group is among the companies with the most advanced ethical business practices.

Bloomberg GenderEquality Index

L’Oréal was listed for the 5th consecutive year in the Bloomberg Gender-Equality Index, which includes 418 companies with headquarters in 45 different countries.

Universum: No. 5

In 2022, L’Oréal ranked fifth worldwide (among business schools), becoming the first EU multinational in the Top 5.

Highlights

Impact investing to address major environmental challenges

Growing commitments: brands expand environmental initiatives

Operations play a key role in L’Oréal’s sustainable performance

An innovative showerhead reduces salon water use by up to 69%

For a fair and equitable transition
Innovation for an ever more inclusive company

Biomass: a carbonneutral energy source

Brands choose social and environmental transparency

Research to boost inclusiveness

Responsible brands committed to social causes

A Division fully committed to protecting the planet: largescale sustainable beauty

La RochePosay and CeraVe commit to improving access to healthcare

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