L’Oréal Unveils “L’Oréal for the Future”

French-based personal care giant L’Oréal launches its newest sustainability program “L’Oréal for the Future”.

The said program is L’Oréal’s ambitions for the year 2030. According to the program, by 2025 all of L’Oréal’s sites will improve energy efficiency and will use 100% renewable energy.

By the year 2030, all of the plastics used in L’Oréal’s products will be recycled. In the same year, L’Oréal will also reduce by 50% per finished product.

L’Oréal is adopting the world’s transformation, especially there is a rapid change in environmental and social challenges. 150 million euros was allocated by L’Oréal to support the current social and environmental issues the world is facing.

Meanwhile, L’Oréal has also developed a product environmental and social impact labeling mechanism scaling from A to E.

“L’Oréal’s sustainable revolution is entering a new era. The challenges the planet is facing are unprecedented, and it is essential to accelerate our efforts to preserve a safe operating space for humanity. We do so in our own business operations and in our contribution to the society at large. We know that the biggest challenges remain to come and L’Oréal will stay faithful to its ambition: operate within the limits of the planet,” said Jean-Paul Agon, Chairman and CEO of L’Oreal.

With limited “planetary boundaries” that might compromise the world’s capacity for human development, L’Oreal agreed to operate the entire business within the limits of the planet.

Therefore, the group has defined new quantifiable targets for 2030, to fight climate change as supported by the “Science-Based Targets” initiative but is also going one step further by addressing three other major environmental issues: preservation of biodiversity, sustainable water management and circular use of resources.

To ensure its business is respectful of a resource-limited planet, and fair for the communities it works with, L’Oréal will not only continue to reduce its direct environmental impacts, but also reduce the impacts of its entire activity including those of its suppliers and consumers. (MLC)