L’Oreal Releases Global Sustainability Report

L'Oréal released its annual global sustainability report highlighting the company’s aggressive push to combat climate change.
 
Against goals set by its Sharing Beauty with All program in 2013, L'Oréal has:
 
·         Reduced CO2 emissions 77% globally while growing production 38% (85% reduction in U.S.)
·         Reduced water consumption in its plants and distribution centers by 48% globally (51% in the U.S.)
·         Assessed 100% of new or renovated products using its SPOT accountability tool
·         Improved the environmental or social profile of 79% of products launched in 2018
 
And, in late 2018, L'Oréal signed a global commitment to solve one of the most pressing environmental issues—plastics—establishing a new pledge to make 100% of packaging reusable, refillable or compostable by 2025.
 
“The role of the largest, most established companies is crucial as they can leverage their scale to make a larger positive impact,” says Danielle Azoulay, Assistant Vice President of CSR & Sustainability for L'Oréal USA. “Our sustainability efforts can initiate a powerful chain reaction among all of our stakeholders, from suppliers to consumers, and introduce innovative solutions at a global level.”