Social & Environmental Performance

2021 was the first year of implementation of L’Oréal for the Future, the Group’s sustainability programme for 2030.

L’Oréal for the Future

L’Oréal’s second sustainability programme, L’Oréal for the Future, was launched in 2020. Encouraged by the tangible results of the previous programme, the Group has set its sights higher and pledged to respect planetary boundaries—what the planet can withstand, as defined by environmental science. Seven groups of internal experts coordinated independent studies and worked with outside partners and civil society to define the Group’s transformation strategy leading up to 2030. The strategy is based on quantifiable goals to minimise the impact of Group activities on the climate, water, biodiversity and natural resources, while helping to meet some of the most urgent social and environmental challenges facing the world. L’Oréal is committed to reporting regularly on its progress against each goal, with clear and transparent indicators.

2021 results and goals

Transforming our business

  • By 2025, all our sites will achieve carbon neutrality by improving energy efficiency and using 100% renewable energy.

    2021 results : 58%, 2030 goals : 100%

  • By 2030, we will innovate to enable our consumers to reduce their greenhouse gas emissions resulting from the use of our products by 25% compared to 2016, on average and per finished product (tCO2eq/kg of formulas sold).

    2021 results : -12%, 2030 goals : -25%

  • In 2030, 100% of the water used in our industrial processes will be recycled and reused in a loop (L/kg of formulas sold).

    2021 results : 15%, 2030 goals : 100%

  • By 2030, 100% of biobased ingredients for formulas will be traceable and will come from sustainable sources. None of them will be linked to deforestation.

    2021 results : 94%, 2030 goals : 100%

  • By 2030, 95% of our ingredients in formula will be biobased, derived from abundant minerals or from circular processes.

    2021 results : 60%, 2030 goals : 95%

  • By 2030, 100% of the plastic used in our packaging will be either from recycled or biobased sources (we will reach 50% in 2025).

    2021 results : 21%, 2030 goals : 100%

  • By 2030, 100% of the waste generated in our industrial sites will be recycled or reused.

    2021 results : 59%, 2030 goals : 100%

Empowering our business ecosystem

  • By 2030, three million people will benefit from our brands’ social engagement programmes.

    2021 results : 985,089, 2030 goals : 3m

  • By 2030, we will help a further 100,000 people from disadvantaged communities gain access to employment.

    2021 results : 13,946, 2030 goals : 100,000

Contributing to solving the challenges of the world

  • By 2023, we will have invested 50 million euros to support highly vulnerable women. Since 2020, the L'Oréal Fund for Women has directly helped more than 400,000 girls and women, and more than 700,000 people indirectly within their communities.

    2021 results : €12m, 2030 goals : €50m

Distinctions

  • CDP: AAA for six years in a row

    L’Oréal is the only company in the world to have received the top score six years in a row for its leadership in tackling climate change, protecting forests and ensuring sustainable water management.

  • S&P Global Ratings:
    85/100

    The ESG Evaluation reflects L’Oréal’s ability to deliver solid performance through its management commitment to an ambitious sustainable development strategy.

  • Global Compact LEAD for the seventh consecutive year

    L’Oréal was again recognised as a Global Compact LEAD company by the United Nations for its continued commitment to the Ten Principles of the UN Global Compact and for making the UN Sustainable Development Goals an integral part of its growth strategy.

  • Ethisphere: 12th year

    In 2021, L’Oréal was named one of the world’s most ethical companies for the twelfth time.

  • Bloomberg Gender-Equality Index

    L’Oréal was again listed in the Bloomberg Gender-Equality Index, which includes 380 companies across 44 countries and regions that demonstrate a pioneering commitment to gender equality.

  • Universum: No.5

    In 2021, L’Oréal ranked fifth worldwide (among business schools), becoming the first EU multinational in the Top 5.