The ability of these partners to create innovative sustainable solutions, such as green energies (biogas, biofuel or hydrogen)or alternative modes of transport (cargo bikes, train), is an essential selection criterion. The Group also conducts regular monitoring to identify new opportunities.
This involves, for example, solutions proposed by our partners to address a tense environment in the maritime transport sector. Our partners suggested the development of multimodal transport (rail-road-sea) between Europe and North Asia (China, Korea and Hong Kong).
During Strategic Meetings with its partners, decarbonisation of transport and monitoring of the implementation of the previously defined action plans are routinely discussed.Specific in-depth discussions are organised if necessary.
From 2016 to 2022: + 6.7% tonnes of CO2 equivalent per unit sold.
From 2021 to 2022: - 9.2% tonnes of CO2 equivalent per unit sold.
The transport of products led to 443,534 tonnes of CO2 equivalent being emitted in 2022, which represents 65,2 g/CO2 per unit sold.
The 2030 target is to reduce CO2 equivalent tonnes per sales unit by 50%.
The Group’s carbon footprint linked to the transport of finished products rose by 6,7 % between 2016 and 2022. This change is largely due to the increased use of air transport over the same period because of the growth of the Asian markets and the increase in the Luxury Division flows to this Zone.
Between 2021(1) and 2022, global consolidation of the CO2 emissions related to the transport of finished products shows a reduction in CO2 emissions (-5.6 %). This is a 9.2 % decrease in intensity of the Group’s carbon footprint (gCO2/unit sold)over the same period. In 2022, CO2 emissions linked to air transport fell by 13 % compared to 2021 (2), with a beneficial carry-over to maritime transport modes, the use and carbon footprint of which increased by 9 %.
Thanks to the actions of the Supply Chain teams across the five pillars of the Group’s transport decarbonisation strategy,CO2 emissions per tonne of goods transported and per kilometre travelled decreased by 9,4 % from 2022 (3).
4.3.1.3. Sustainable development: from use to consumption
As part of L’Oréal for the Future, the new sustainability programme announced in June 2020, the Group is continuing its long-standing commitments to keep its activities within the planet’s limits. The new targets have been designed to ensure the sustainability of its activities and to reconcile the Group’s needs with the preservation of a planet with limited resources.
For the Group, preserving resources is a long-standing commitment. It applies to the entire life cycle of our products, from their creation to their use by consumers. Whenever a product is designed, created or updated, its environmental and/or social profile is improved.
L’Oréal activates a range of drivers to promote sustainable innovation: reduction of the environmental footprint of its formulas and packaging; respect of biodiversity by means of a sustainable and responsible raw materials sourcing policy;and a commitment to “Zero Deforestation”.
Together with the Management Committees of the international brands, the packaging and development teams, the CSR team and the laboratories analyse their portfolios of formulas and their packaging. Sustainable innovation plans are defined with their drivers for each product category.
Furthermore, the Group has decided to adopt an approach based on recent developments in life and environmental sciences. L’Oréal has therefore launched a Green Sciences programme to drive sustainable innovation through the development of raw materials based on crops and practices that are good for the soil, water and biodiversity as well as on biotechnology and fermentation, “green” extraction and physical processes, and, lastly, green chemistry.
L’Oréal’s Research & Innovation strategy in the field of Green Sciences aims to establish numerous strategic partnerships with innovative start-ups in the biotechnology sector, both in France and throughout the world. As such, L’Oréal and the French biotech specialist Microphyt are developing a strategic partnership. Against this background, L’Oréal’s venture capital fund BOLD has acquired a minority stake in Microphyt.L’Oréal and Microphyt are aiming to build a technology platform and combine their material and human resources to create new raw materials from microalgae biomass. This cooperation follows numerous strategic scientific partnerships that L’Oréal has formed in recent months to strengthen its pioneering Green Sciences for Beauty ecosystem. These partners include: the life sciences research specialist VERILY, the National Institute for Materials Science(NIMS) in Japan, the Singapore Centre for Environmental Life Sciences Engineering (SCELSE) and the Laboratory of Organic Polymer Chemistry (Laboratoire de Chimie des Polymères Organiques – LCPO) in Bordeaux.
This proactive policy is central to achieving L’Oréal’s targets for 2030 as part of its sustainability programme, in particular, the target of ensuring that 95% of its ingredients are from bio‑based sources, derived from abundant minerals or from circular processes.
Finally, through its brands and thanks to a scheme that displays the environmental and social impact of its products (Product Impact Labelling), the Group aims to engage its consumers and allow them to make informed choices about sustainable consumption. In 2022, 50 companies from the cosmetics sector(including L’Oréal), as well as professional associations, joined forces to launch the EcoBeautyScore Consortium.
(1) 2021 is adjusted for a like-for-like comparison between 2022 and 2021.
(2) 2021 is adjusted for a like-for-like comparison between 2022 and 2021.
(3) 2021 is adjusted for a like-for-like comparison between 2022 and 2021.