L’Oreal Joins Stream of Companies Focusing on Sustainability
The recent improvement in sustainability practices is not unique to the personal care industry. However, we’ve seen great strides in this industry from some of the leading companies to be more transparent about their practices. L’Oréal released its 2016 progress report, called Sharing Beauty with All, to coincide with Earth Day.
The report showed that the US manufacturing facilities now maintain 100% renewable electricity and have reduced carbon emissions by 84%, packaging waste by 43% per product, and water usage by 52%.
Chairman and CEO Jean-Paul Agon had the following to share with the press:
“We have achieved and even exceeded our target of a 60-percent reduction in CO2 emissions, four years ahead of schedule. This is the result of an immense amount of work by all the teams concerned. It also sends out a strong signal: we are continuing to dissociate our growth from our environmental impact. While climate change is a major challenge, and we are already seeing its effects on the most vulnerable populations, our commitment is stronger than ever.”
“As the worldwide leader in beauty, we have a responsibility to lead, and our efforts in 2016 demonstrate an unprecedented level of commitment,” said Alexandra Palt, Chief Sustainability Officer for L’Oréal. “The progress made by our Sharing Beauty With All sustainability program reflects the innovative spirit that is hard at work at L’Oréal, especially in the United States. We remain committed to being a sustainability leader here and around the world, and look forward to exceeding our goals in the future.”