PARIS — L’Oréal said Thursday that its plant in Yichang, China, would be its first in the Asia-Pacific region to reach carbon footprint neutrality, by the end of this year.
The project is part of the agreement between the Yichang government and the French beauty giant about the usage of clean and renewable energy. The company’s investment plan for the extension and connection to hydropower of the Yichang plant was signed Thursday in the presence of China’s Prime Minister Li Keqiang and France’s Prime Minister Manuel Valls in Toulouse, France.
The Yichang facility is L’Oréal’s largest makeup production center in the Asia-Pacific region, measuring 777,778 square feet and with the ability to manufacture more than 210 million units per year. The facility, which represents an investment of over 200 million yuan, or $32.3 million at current exchange, has for some years been improving its energy efficiency.
L’Oréal said the plant is among its top performers when it comes to sustainability. It reduced its carbon emissions by 45 percent between 2005 and last year. Also in 2014, it was granted LEED Gold environmental certification.
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L’Oréal runs 43 plants around the world, with three in China.
The focus on reducing the production facility’s carbon footprint is part of the company’s Sharing Beauty With All sustainability program, which was announced in October 2013 by L’Oréal chief executive officer Jean-Paul Agon.