In terms of the acquisition of buildings constructed after 2020for which the experts appointed by the Group do not have the buildings’ EPC, the labels for which energy performance is a certification criterion and for which the maximum level of certification has been reached, the buildings in question have been considered, in the context of this transition exercise, as making a substantial contribution to climate change mitigation with regard to the Taxonomy. The experts also ensure that the other technical criteria set out in the Delegated Acts for building acquisitions are met in order to classify the alignment with the Taxonomy.
Where renovation or repairs that improve energy efficiency or equipment for renewable energies are concerned, the Group ensures that the work complies strictly with the respective criteria laid down in the Delegated Acts for each activity.
2. The five other objectives of the Taxonomy (DNSH): a project must not harm any of the other five objectives of the Taxonomy: climate change adaptation, water, biodiversity, pollution and the circular economy. An external organisation has conducted the analyses for climate change adaptation for this year. These analyses were carried out according to the scenarios RCP 2.6, RCP 4.5, RCP 8.5(1) with the time horizons 2040, 2050, 2060. An initial inventory of adaptation solutions has been drawn up. Their assessments will be further developed during 2023.
The other analyses are conducted on the basis of the information available for each project and activity, in view of the criteria laid down by the Delegated Acts.
3. Compliance with the “minimum safeguards”: the “minimum social” criteria are reviewed centrally, by the Responsible Purchasing Departments and the Human Rights Department, in light of the requirements of the report on the minimum safeguards issued by the Platform on Sustainable Finance(PSF). L’Oréal guarantees that procedures have been put in place in respect of the four themes set out below. These measures are considered to be effective if (i) no complaints have been lodged against the Group or against a L’Oréal employee or (ii) an action plan is implemented following a complaint in one of the following four areas: respect for human rights (including consumer rights); anti-corruption practices; tax policy implemented; raising employee awareness of the importance of complying with all applicable laws and regulations in the field of competition law.
| Sections | Non-financial information statement – Articles L. 225-102-1, L. 22-10-36 | Global Compact COP |
|---|---|---|
Non-financial information statement – Articles L. 225-102-1, L. 22-10-36PRINCIPLES |
Global Compact COP
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| 4.5. | 4.5. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36Methodological notes |
4.5. Global Compact COP
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| 4.7. | 4.7. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36Opinion on the compliance and true and fair nature of the information |
4.7. Global Compact COP
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| 1.2. | 1.2. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36Business model |
1.2. Global Compact COP
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Non-financial information statement – Articles L. 225-102-1, L. 22-10-36MAIN RISKS |
Global Compact COP
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| 4.2.2. | 4.2.2. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Environment |
4.2.2. Global Compact COP
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| 4.2.2. | 4.2.2. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Human resources |
4.2.2. Global Compact COP
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| 4.2.2. | 4.2.2. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Human Rights |
4.2.2. Global Compact COP
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| 4.2.2. | 4.2.2. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● The fight against corruption |
4.2.2. Global Compact COP
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| 4.2.2 | 4.2.2 Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● The fight against tax avoidance |
4.2.2 Global Compact COP
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Non-financial information statement – Articles L. 225-102-1, L. 22-10-36POLICIES, INDICATORS, RESULTS |
Global Compact COP
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| 4.3.1. | 4.3.1. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Environment |
4.3.1. Global Compact COP
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| 4.3.2. | 4.3.2. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Human resources |
4.3.2. Global Compact COP
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| 4.3.3. | 4.3.3. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Human Rights |
4.3.3. Global Compact COP
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| 4.3.4. | 4.3.4. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● The fight against corruption |
4.3.4. Global Compact COP
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| 4.3.5. | 4.3.5. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● The fight against tax avoidance |
4.3.5. Global Compact COP
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Non-financial information statement – Articles L. 225-102-1, L. 22-10-36INFORMATION AND COMMITMENTS |
Global Compact COP1,2,6,8 |
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| 4.3.1.1.3., 4.3.1.3.1.,4.3.1.4., 4.3.1.5., 4.3.1.6. | 4.3.1.1.3., 4.3.1.3.1.,4.3.1.4., 4.3.1.5., 4.3.1.6. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36Consequences on climate change |
4.3.1.1.3., 4.3.1.3.1.,4.3.1.4., 4.3.1.5., 4.3.1.6. Global Compact COP
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| 4.3.2.4., 4.3.3.4. | 4.3.2.4., 4.3.3.4. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36Collective agreements concluded within the company |
4.3.2.4., 4.3.3.4. Global Compact COP
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| 4.3.1.2.2., 4.3.2.1., | 4.3.1.2.2., 4.3.2.1., Non-financial information statement – Articles L. 225-102-1, L. 22-10-36
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4.3.1.2.2., 4.3.2.1., Global Compact COP
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| 4.3.2.4., 4.3.2.5., 4.3.3.5. | 4.3.2.4., 4.3.2.5., 4.3.3.5. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36Working conditions of employees |
4.3.2.4., 4.3.2.5., 4.3.3.5. Global Compact COP
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| 4.3.2.6. | 4.3.2.6. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36Measures to combat discrimination and promote diversity |
4.3.2.6. Global Compact COP
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| 4.3.2.6. | 4.3.2.6. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36Measures in favour of disabled people |
4.3.2.6. Global Compact COP
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| Sections
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Non-financial information statement – Articles L. 225-102-1, L. 22-10-36SOCIETAL COMMITMENTS IN FAVOUR OF | Global Compact COP7,8,9 |
| 1.3.2., 4.1., 4.3.1. | 1.3.2., 4.1., 4.3.1. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Sustainable Development |
1.3.2., 4.1., 4.3.1. Global Compact COP
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| 1.3.2., 4.3.1.1.6., 4.3.1.5.1. | 1.3.2., 4.3.1.1.6., 4.3.1.5.1. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Circular economy |
1.3.2., 4.3.1.1.6., 4.3.1.5.1. Global Compact COP
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| 4.1.2., 4.3.1.1.6. | 4.1.2., 4.3.1.1.6. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Fight against food waste |
4.1.2., 4.3.1.1.6. Global Compact COP
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| 4.1.2. | 4.1.2. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Fight against food insecurity |
4.1.2. Global Compact COP
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| p.30., 4.3.1.3.2. | p.30., 4.3.1.3.2. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Respect for animal welfare |
p.30., 4.3.1.3.2. Global Compact COP
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| 4.1.2., 4.3.1.1.6., 4.3.2.4. | 4.1.2., 4.3.1.1.6., 4.3.2.4. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● Responsible, fair and sustainable food |
4.1.2., 4.3.1.1.6., 4.3.2.4. Global Compact COP
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| p.7, 4.3.2.4., 4.3.2.6. | p.7, 4.3.2.4., 4.3.2.6. Non-financial information statement – Articles L. 225-102-1, L. 22-10-36● The practice of physical and sporting activities |
p.7, 4.3.2.4., 4.3.2.6. Global Compact COP
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(1) Representative Concentration Pathways [RCP] – AR6
