In 2013, L’Oréal had launched its global sustainable development program - Sharing Beauty with All. The core of this program was powered by innovative tool known as SPOT (for Sustainable Product Optimization Tool), made to assess and improve the environmental and social performance of products across all brands - sustainability assessed by carbon foot print (carb emmissions), sustainable water consumption, preservation of forests and biodiversity amongst others.
Sustainability is now fully integrated into the design process of the Group’s new products, from the earliest stages
In the context of growing environmental and social challenges, L’Oréal is accelerating its transformation towards a model respecting planetary boundaries and reinforcing its commitments to both sustainability and inclusion:
Transforming L’Oréal’s business to respect the planet’s limits:
- By 2025, all of L’Oréal’s sites will have achieved carbon neutrality by improving energy efficiency and using 100% renewable energy;
- By 2030, 100% of the plastics used in L’Oréal’s products’ packaging will be either from recycled or bio-based sources;
- By 2030, L’Oréal will reduce by 50% per finished product, compared to 2016, its entire greenhouse gas emissions.
TRANSFORMING L’ORÉAL’S BUSINESS TO RESPECT “PLANETARY BOUNDARIES”
This story is from the July 2020 edition of Beauty Launchpad India.
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This story is from the July 2020 edition of Beauty Launchpad India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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