Published on 25/10/2016

L'Oréal recognized as a leading company in fighting climate change by the CDP

Clichy, October 25, 2016 – For the fourth year in a row, L’Oréal has been recognized as a global leader for its climate change mitigation strategy in the annual CDP (ex-Carbon Disclosure Project) ranking.

L’Oréal has been given an “A” ranking, the highest level of performance on the Climate Disclosure Leadership Index (CDLI), for its management of its carbon footprint, its climate change strategy and the transparency of its policies.

“We are very proud of this renewed recognition that encourages us to go further and to accelerate L’Oréal’s transition to a low carbon business”, said Jean-Paul Agon, Chairman and CEO of L’Oréal.

L’Oréal has committed to reduce by 60% the CO₂ emissions from its production by 2020, calculated in absolute terms and using a 2005 baseline. L’Oréal had already achieved a key milestone at the end of 2015: the group reduced its CO2 emissions from production by 56% for the 2005-2015, despite a 26% increase in production over the same period. This achievement is due to an ambitious strategy of improving energy efficiency across facilities, increasing the use of renewable energy, and developing low carbon innovations.

The CDP is a not-for-profit organization providing a global system measuring and disclosing environmental information that evaluates the strategy, the commitment and the performance of companies regarding climate change mitigation. L’Oréal has been a member of the CDP since 2002.

In 2007, L'Oréal joined the CDP’s Supply Chain Program to encourage its suppliers to measure and manage their CO₂ emissions, an essential part of taking action effectively on the entire value chain and encouraging exchanges of best practices.

Last year L’Oréal has been given an “A” ranking for its management of its carbon footprint and a score of 99/100 for the transparency of its policies.