2021 UNIVERSAL REGISTRATION DOCUMENT

2. Corporate Governance

TABLE OF NON-FINANCIAL AND QUALITATIVE ACHIEVEMENTS IN 2021

The Board of Directors, at its meeting of 9 February 2022, used the following indicators and achievements examined by the Human Resources and Remuneration Committee to determine the level of achievement of the non-financial and qualitative targets for 2021.

CSR criteria: The L’Oréal for the Future program   Weighting: 10%
The L’Oréal for the Future program sets out L’Oréal’s commitments to sustainable development for 2030.

The L’Oréal for the Future program sets out L’Oréal’s commitments to sustainable development for 2030.

 

 

The L’Oréal for the Future program sets out L’Oréal’s commitments to sustainable development for 2030.

Weighting: 10%

 

This project consists of five pillars, for which the 2021 achievements are set out in detail in Chapter 4 of this document.

This project consists of five pillars, for which the 2021 achievements are set out in detail in Chapter 4 of this document.

 

 

This project consists of five pillars, for which the 2021 achievements are set out in detail in Chapter 4 of this document.

Weighting: 10%

 

Transforming our business Transforming our business

 

2021 Results
Transforming our business

Weighting: 10%

2020 Results
  • By 2030, all Group products will be eco-designed.
  • By 2030, all Group products will be eco-designed.

 

96%
  • By 2030, all Group products will be eco-designed.

Weighting: 10%

96%
Climate Climate

 

 

Climate

Weighting: 10%

 

  • By 2025, all our sites will have achieved carbon neutrality by improving energy efficiency and using 100% renewable energy.
  • By 2025, all our sites will have achieved carbon neutrality by improving energy efficiency and using 100% renewable energy.

 

58% (= 100 sites)
  • By 2025, all our sites will have achieved carbon neutrality by improving energy efficiency and using 100% renewable energy.

Weighting: 10%

50% (= 72 sites)
  • By 2030, on average we will have halved the greenhouse gas emissions per finished product linked to the transport of our products compared to 2016.
  • By 2030, on average we will have halved the greenhouse gas emissions per finished product linked to the transport of our products compared to 2016.

 

+12%
  • By 2030, on average we will have halved the greenhouse gas emissions per finished product linked to the transport of our products compared to 2016.

Weighting: 10%

+16%
Water Water

 

 

Water

Weighting: 10%

 

  • By 2030, 100% of the water used in our industrial processes will be recycled and reused in a loop.
  • By 2030, 100% of the water used in our industrial processes will be recycled and reused in a loop.

 

15%
  • By 2030, 100% of the water used in our industrial processes will be recycled and reused in a loop.

Weighting: 10%

Not disclosed
 

 

 

6 Waterloop Factories

 

Weighting: 10%

 

Biodiversity Biodiversity

 

 

Biodiversity

Weighting: 10%

 

  • By 2030, 100% of ingredients in our formulas and biobased packaging materials will be traceable and come from sustainable sources.
  • By 2030, 100% of ingredients in our formulas and biobased packaging materials will be traceable and come from sustainable sources.

 

94%
  • By 2030, 100% of ingredients in our formulas and biobased packaging materials will be traceable and come from sustainable sources.

Weighting: 10%

91%
Resources Resources

 

 

Resources

Weighting: 10%

 

  • By 2030, 95% of our ingredients in formulas will be biobased, derived from abundant minerals or from circular processes.
  • By 2030, 95% of our ingredients in formulas will be biobased, derived from abundant minerals or from circular processes.

 

60%
  • By 2030, 95% of our ingredients in formulas will be biobased, derived from abundant minerals or from circular processes.

Weighting: 10%

Not disclosed
  • By 2030, 100% of the plastic used in our packaging will be either from recycled or biobased sources (we will reach 50% by 2025).
  • By 2030, 100% of the plastic used in our packaging will be either from recycled or biobased sources (we will reach 50% by 2025).

 

21%
  • By 2030, 100% of the plastic used in our packaging will be either from recycled or biobased sources (we will reach 50% by 2025).

Weighting: 10%

15%
  • By 2030, 100% of our plastic packaging will be refillable, reusable, recyclable or compostable.
  • By 2030, 100% of our plastic packaging will be refillable, reusable, recyclable or compostable.

 

39%
  • By 2030, 100% of our plastic packaging will be refillable, reusable, recyclable or compostable.

Weighting: 10%

40%
Empowering our ecosystem in our transformation Empowering our ecosystem in our transformation

 

 

Empowering our ecosystem in our transformation

Weighting: 10%

 

  • By 2030, we will have helped 100,000 people from disadvantaged communities gain access to employment.
  • By 2030, we will have helped 100,000 people from disadvantaged communities gain access to employment.

 

13,946
  • By 2030, we will have helped 100,000 people from disadvantaged communities gain access to employment.

Weighting: 10%

 

Human Resources criteria   Weighting: 7.5%
Gender Balance Gender Balance

 

2021 results
Gender Balance

Weighting: 7.5%

2020 Results
  • Improving gender balance, in particular at the level of senior management positions. 
  • Improving gender balance, in particular at the level of senior management positions. 

 

  • 32% of Executive Committee members are women.
  • Improving gender balance, in particular at the level of senior management positions. 

Weighting: 7.5%

26%
 

 

 

  • 47% of strategic positions are held by women (strategic positions include Executive Committee positions, i.e. approximately 300 positions).

 

Weighting: 7.5%

42%
 

 

 

  • 2021 Equileap ranking:

 

Weighting: 7.5%

No. 1 in France
 

 

 

France: No. 1

International: No. 4

 

Weighting: 7.5%

No. 4 in the world
 

 

 

  • For the fourth consecutive year, L’Oréal is ranked in the Top 100 among the 414 companies of the Bloomberg Gender-Equality Index 2022. 

 

Weighting: 7.5%

Top 100
Talent Development Talent Development

 

 

Talent Development

Weighting: 7.5%

 

  • Results of the policy regarding the recruitment of both experienced and more junior talented employees, and talent development all over the world, in order to favour the emergence of local talent.
  • Results of the policy regarding the recruitment of both experienced and more junior talented employees, and talent development all over the world, in order to favour the emergence of local talent.

 

  • Fifth place in the Universum global ranking (business schools). L’Oréal is the first multinational company in the European Union to make the TOP 5
  • Results of the policy regarding the recruitment of both experienced and more junior talented employees, and talent development all over the world, in order to favour the emergence of local talent.

Weighting: 7.5%

10th place
  • Attractive, targeted, digital employer communication.
  • Attractive, targeted, digital employer communication.

 

  • Strong presence on social networks: 3.9 million followers on LinkedIn. 17th place in the Potential Park global ranking (recruiting/social media)
  • Attractive, targeted, digital employer communication.

Weighting: 7.5%

3.2 million

No. 3

Access to training Access to training

 

 

Access to training

Weighting: 7.5%

 

  • 100% of employees will receive training once a year.
  • 100% of employees will receive training once a year.

 

  • 100% of employees received training in 2021. Over 530,000 hours of digital training (vs 202,000 in 2019). 
  • 100% of employees will receive training once a year.

Weighting: 7.5%

100% 580,000 hours