PARIS — L’Oréal released on Wednesday the 2015 results of its “Sharing Beauty With All” sustainability program and said its effects are accelerating.
The group outlined its progress for last year, which included 74 percent of L’Oréal products launched in 2015 having an improved environmental or social profile, versus 67 percent in 2014.
Numerous brands introduced products with formulation enabling a 97 percent to 99 percent level of biodegradability. These included Garnier Ultra Doux Mythical Olive body lotion and Kérastase Fusio-Dose Booster Discipline.
Carbon dioxide emissions from L’Oréal production declined 56 percent in absolute terms against a 2005 baseline, even though manufacturing was up 26 percent. This compares to a 50.2 percent carbon dioxide emission cut in 2014.
Two-thirds of L’Oréal’s brands assessed their products’ environmental or social profile last year, while in 2014 the level stood at 22 percent. And more than 60,600 people from underprivileged neighborhoods had the possibility of work thanks to a L’Oréal initiative.
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“The mobilization of all L’Oréal teams allowed us to roll out the ‘Sharing Beauty With All’ program worldwide on a solid basis,” stated Alexandra Palt, the company’s chief sustainability officer. “We will now move to an acceleration phase to achieve our targets by 2020.”
The initiative announced in October 2013 by Jean-Paul Agon, L’Oréal chairman and chief executive officer, was constructed on four pillars: sustainable innovation, sustainable production, sustainable living and sustainable development.
As reported, “Sharing Beauty With All” aims for every one of the group’s products to offer environmental or social benefits by 2020. This includes L’Oréal’s commitment to reducing carbon dioxide emissions from its production by 60 percent by 2020 against a 2005 baseline.