L’Oréal and Suez have signed a global memorandum of understanding for the continuous improvement of environmental performance and the optimization of resource management throughout the group’s value chain.
The partnership covers all of the French beauty behemoth’s industrial, administrative and research centers worldwide, and is valid for an initial period of three years, with an option to renew.
The pair have pledged to work together to attain a neutral or positive water footprint for some sites, to help to improve the renewable energy mix, boost and increase the number of carbon neutral L’Oréal sites and increase reuse and recycling of waste at all locations.
“For a long time now, L’Oréal has been committed to reducing its environmental impacts with renowned performance on a global scale,” commented Barbara Lavernos, Executive Vice-President Operations at L’Oréal. “In 2016, the CDP awarded us a triple A rating for our water management, carbon impact and work to tackle deforestation. This partnership with Suez will enable us to take our work even further by using the best technology and innovative solutions to make our environmental performance even better. We are convinced that, through this partnership, Suez will provide its dedicated experience to help us achieve this goal.”