L’Oréal has announced that it has topped Newsweek’s 2017 Global 500 Green Rankings with a combined score of 89.9 percent.
“We’re honored to be recognized by Newsweek for our sustainability practices, as these touch every aspect of our business,” says Danielle Azoulay, Vice President of CSR & Sustainability at L’Oréal USA. “Sustainability drives our research and innovation in exciting ways and reinforces our commitment to our employees and the communities in which we operate. We’re continuously pushing ourselves to innovate, produce and develop more sustainably while also helping to empower our customers to make more sustainable choices.”
Newsweek ranks the sustainability performance of the largest publicly traded companies in the US and the world by revenue. The ranking is based on eight environmental and sustainability factors including energy use, greenhouse gas emissions, carbon and water productivity as well as the presence of executive, board and third-party oversight mechanisms.