‘Economic success and environmental performance go hand in hand’: L’Oréal publishes sustainability report

‘Economic success and environmental performance go hand in hand’: L’Oréal publishes sustainability report

L’Oréal has published its 2017 Progress Report on its global sustainability program, Sharing Beauty with All.

“In 2017, we have once again shown that economic success and environmental performance go hand in hand,” said Alexandra Palt, L’Oréal’s Chief Corporate Responsibility Officer. “We want to show that responsible growth is not just possible but necessary and that sustainability shapes a desirable future for everyone.”

Highlights over 2017 include the French beauty giant’s implementation of its Sustainable Product Optimization Tool (SPOT), hailed as an industry first, which was used to evaluate the environmental and social impact of new launches and therefore enable improvements to be made. L’Oréal also reduced the carbon emissions of plants and distribution centers by 73 percent compared to 2005, a result recognized by the CDP who awarded the French beauty giant three A ratings.

Talking ratings, L’Oréal’s environmental performance was recognized by Newsweek with a Green Ranking score of 89.9 percent and L’Oréal USA earned the distinction of 2017 Power Partner of the Year from the EPA – the North American unit also committed to achieving carbon neutrality for all 21 of its US manufacturing and distribution facilities by 2019.

“At L’Oréal, we are committed to advancing sustainable business, and our teams have made incredible strides in the last year, particularly in the US,” said Danielle Azoulay, Head of CSR & Sustainability for L’Oréal USA. “We manufacture more than one billion units of product in the US With that scale comes influence and opportunity to address environmental challenges.”

Leave a reply

Your email address will not be published. Required fields are marked *