The Fund has been constructing and deploying its investment portfolio since 2022.
RESOURCES | By 2030, 95% of our ingredients in formulas will be biobased, derived from abundant minerals or from circular processes ▲. | |
By 2030, 100% of the plastic used in our packaging will be either from recycled or biobased sources (we will reach 50% by 2025)▲. | ||
By 2030, we will reduce by 20% in intensity the quantity of packaging used for our products, compared to 2019. | ||
By 2025, 100% of our plastic packaging will be refillable, reusable, recyclable or compostable. | ||
By 2025, 100% of our new displays will be eco-designed(3). | ||
By 2025, 100% of our new Free Standing Stores will be designed and built following our principles of sustainability principles (3). | ||
By 2030, 100% of the waste generated in our sites(7) will be recycled or reused. |
By 2030, 100% of our strategic suppliers’ employees will be paid at least a living wage covering their basic needs and those of their dependents, calculated in line with best practices. | The methodology used to calculate this indicator was defined in 2021 and is being piloted, for roll out in 2023. |
By 2030, we will have helped 100,000 people from disadvantaged communities gain access to employment ▲ (3). | |
By 2030, 3 million people will benefit from our brands’ social engagement programmes (3). | |
By 2022, the Product Environmental and Social Labelling system will apply to all the Group’s rinse-off products (8). | |
By 2030, all Group products will be eco-designed ▲ (9). |
By 2030, we will have allocated €50 million to support the most vulnerable women via the L’Oréal Fund for Women. | |
By 2030, the L’Oréal fund for Nature Regeneration will have invested €50 million to help restore 1 million hectares of degraded ecosystems. | |
By 2030, the Fund will have helped capture 15 to 20 million tonnes of CO2 and we will have created hundreds of jobs opportunities. | The impacts in terms of CO2 and job creation will be measured and published once the projects have reached maturity |
By 2030, we will have invested €50 million to finance projects that will help promote a more circular economy, via the Circular Innovation Fund. | The Fund has been constructing and deploying its investment portfolio since 2022. |
(7) Industrial sites.
(8) In 2021, an environmental impact score was calculated for 76% of the Group’s rinse-off products; labelling showing these scores, together with their social impact data, will be gradually rolled out in our markets.
(9) Basis of calculation representing 72% of all projects, excluding items considered to be irrelevant, such as ad hoc animation and promotion products and regulatory compliance leading to changes that are not visible to consumers.
(10) Amount committed by the Circular Innovation Fund.