The L’Oréal Group has announced its goal of being “fully sustainable” by 2030. To that end, it has launched the “L’Oréal for the Future” program, which marks the second phase of its sustainability journey.
The Group says, “It is no longer enough for companies to reduce their environmental impact with objectives that are ‘self-set.’ At L’Oréal, our commitment is to ensure that our activities are respectful of the so-called ‘Planetary Boundaries,’ meaning what the planet can withstand, as defined by environmental science.”
This new program incorporates a strategy with “measurable, time-bound impact reduction targets that will guide our internal transformation, that of our stakeholders and our contribution to urgent social and environmental needs.” And, in addition to direct impact, the Group’s commitments also have an eye toward “indirect, extended impact,” related to the activity of suppliers and the use of its products by consumers.
Specifically, the Group has set 2030 targets in the areas of fighting climate change, managing water sustainably, respecting biodiversity, and preserving natural resources. These include:
- We have committed to achieve carbon neutrality in all of our sites by 2025, by improving energy efficiency and using 100% renewable energy.
- In 2030, 100% of the water used in our industrial processes will be recycled and reused in a loop.
- By 2030, 100% of the bio-based ingredients for formulas and packaging materials will be traceable and will come from sustainable sources. None of them will be linked to deforestation.
- By 2025, 100% of our plastic packaging will be refillable, reusable, recyclable or compostable.
The Group says it will report regularly on progress against each of its new goals.