Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

L’Oréal receives ’Triple A’ status for its environmental efforts

L’Oréal has proven that it is getting serious about corporate sustainability, with its latest accolade. The beauty giant has been awarded a place on the ‘A List’ from non-profit environmental body CDP (Carbon Disclosure Project) for climate change, water security and forests.

The organization scores around 6,800 companies annually in terms of the steps they are taking regarding climate change, deforestation and water security, rating them from A through to D minus, while those that don’t disclose or provide insufficient information are marked with an F. L’Oréal’s scoring makes it one of only two companies to have received A’s in all three categories this year, and the only company to have done so three years in a row.

L’Oréal has received a new accolade for sustainability. Photo: © Aurore Maréchal / AFP

L’Oréal has received a new accolade for sustainability. Photo: © Aurore Maréchal / AFP

Sustainability drives our research, our innovation and our operations in exciting ways and reinforces our commitment to our employees and the communities in which we operate,” said Jean-Paul Agon, Chairman and CEO of L’Oréal, in a statement. “L’Oréal’s teams, committed on a day-to-day basis all over the world, can be proud of this recognition, which demonstrates L’Oréal’s strong commitment on the path to transformation towards a more sustainable model and encourages us to go further and faster in tackling the major environmental challenges that the world faces today."

Last October, L’Oréal was one of more than 290 major brands that signed ’The New Plastics Economy Global Commitment,’ led by the Ellen MacArthur Foundation in collaboration with UN Environment, which aims to reduce plastic waste via measures such as eliminating single-use plastic from supply chains and ensuring that 100 percent of plastic packaging can be easily and safely reused, recycled, or composted by 2025.

Other beauty brands have also been focusing on reducing their environmental impact recently, including the personal care giant Procter & Gamble, which joined forces with several major companies to launch an ‘Alliance to End Plastic Waste’ designed to tackle plastic waste levels in the ocean earlier this month.

For more information on the CDP A List, see www.cdp.net/en/scores

AFP/Relaxnews

© 2019 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
spip-vignette

A new trade show dedicated to clean beauty in London

Dubbed Clean Beauty in London the new trade show intends to gather experts, scientists, suppliers, brands, influencers and journalists under one roof “to build the future of clean beauty.” Taking place on October 12 & 13, 2020 at The Brewery, located at 52 Chiswell Street at the heart of London, the event aims to encourage (...)

read more
job opportunities
Experts’ views
Haitian crisis: The Vetiver sector under great tension

Remi Pulverail
Haitian crisis: The Vetiver sector under great tension

What about this country that has been struggling for years between natural disasters, less and less efficient politicians, poorly managed and inefficient international aid and the consequences for the fragrance industry? Without going back to the times of colonization, Haiti has suffered in recent years from several phenomena that (...)

read more

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close