2023 universal registration document

4. Corporate Social Responsibility

This graph indicates the total hourly energy withdrawal group-wide.

In millions of kilowatt-hours

  • 2019: approximately 210
  • 2020: approximately 150
  • 2021: approximately 150
  • 2022: approximately 145
  • 2023: 155

In kilowatt-hour per 100 hours worked

  • 2019: approximately 215
  • 2020: approximately 425
  • 2021: approximately 497
  • 2022: approximately 350
  • 2023: 296

This graph shows the total energy withdrawal from industrial sites in kilowatt-hours.

In millions of kilowatt-hours

  • 2019: approximately 698
  • 2020: approximately 697
  • 2021: approximately 702
  • 2022: approximately 702
  • 2023: 757 The Statutory Auditors have expressed reasonable assurance with regard to this indicator.

In kilowatt-hour per 1,000 finished products

  • 2019: approximately 120
  • 2020: approximately 120
  • 2021: approximately 113
  • 2022: approximately 112
  • 2023: 111 The Statutory Auditors have expressed reasonable assurance with regard to this indicator.
This diagram indicates that from 2019 to 2023 there is an 8% drop in energy of industrial sites in kilowatt-hours per 1,000 finished products.

(in kilowatt-hours per 1,000 finished products)

This diagram indicates that from 2019 to 2023 there is an increase of 13% in energy of administrative sites and research centres in kilowatt-hours.

(In kilowatt-hours per 100 hours worked)

This diagram indicates that from 2019 to 2023 there is a total drop of 12% in energy for the L'Oréal group in kilowatt-hours per 1,000 finished products.

(in kilowatt-hours per 1,000 finished products)

L'OREAL FOR THE FUTURE TARGET 2030: -40%

Furthermore, following the French government’s announcement of the sobriety plan in June 2022, the Group has committed to reducing energy consumption in France and Europe by 10% compared with 2021 over the next two years.

In Europe and France, energy consumption fell by 8% and 7%respectively compared to 2021. This reduction took place in the context of a sharp increase in the production of finished products in France (+25%) and Europe (+16%) over the same period and coincides with energy self-consumption projects, such as the two photovoltaic solar power plants (mounted on car park canopies and the ground) at the Caudry industrial site that was commissioned in November 2023.

This commitment was in part based on:

  • continuing to reduce the energy consumption at sites operated by the Group, all energy uses combined (heating, air conditioning, compressed air, ventilation, lighting etc.);
  • reducing the heating temperature of working spaces to 19°C during winter time;
  • turning off lights, window display lighting, store screens and signage at closing time;
  • launching a global campaign at all sites operated by the Group to reduce the energy footprint of digital technologies; and
  • signing RTE’s EcoWatt charter in France.
2. Using local renewable energy

The Group uses various types of energy (electricity, gas, district heat networks, etc.) when conducting its business activities.

L'Oréal has set out an ambitious energy policy that states the mandatory use of local renewable energy by the end of 2025. The energy production and distribution markets vary significantly from country to country. This policy fosters additionnality, and consists of three pillars:

  • on-site production and consumption (self-consumption); then
  • setting up long-term Power Purchase Agreements (PPA) with identified sources; and finally
  • purchasing renewable energy from the grid through energy supply contracts ("green supply") or buying Energy Attribute Certificates.

The supply of energy is subject to specific requirements to ensure compliance with best in class market practices and standards. For example, for renewable electricity, the electricity-generating facilities must be located, as much as possible, in the same country and be connected to the same network as the L’Oréal site, the end consumer.

Under the L’Oréal for the Future programme, the Group has set itself the objective of 100% renewable energyOn the Group’s operated sites, excluding safety and security installations as defined in paragraph 4.5.1.3. “Environmental data”. for all operated sites by 2025.