2021 UNIVERSAL REGISTRATION DOCUMENT

2. Corporate Governance

2021 NON-FINANCIAL AND QUALITATIVE TARGETS (40% OF THE TOTAL ANNUAL VARIABLE REMUNERATION)
Non-financial and qualitative criteria Weighting 2021 performance indicators

Payment rate

Target 100% of the fixed amount Maximum 120%

 Board appraisal
CSR criteria: L’Oréal for the Future programme 10% See indicators page 115 96% Performance in line with the programme’s trajectory.
Human Resources criteria 7.5% See indicators page 116 110% Outperformance.
Digital development criteria 7.5% See indicators page 116 120% Outperformance. Maximum reached.
Qualitative criteria: Management 7.5% See evaluation page 117 120% Outperformance. Maximum reached.
Qualitative criteria: Image, Company reputation, Relations with stakeholders 7.5% See evaluation page 117 120% Outperformance. Maximum reached.
RATE OF ACHIEVEMENT OF 2021 NON-FINANCIAL AND QUALITATIVE TARGETS     112.1%  
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: L’Oréal for the Future programme   Weighting: 10%
The L’Oréal for the Future programme sets out L’Oréal’s commitments to sustainable development for 2030.
This project consists of five pillars, for which the 2021 achievements are set out in detail in Chapter 4 of this document.
Transforming our business Transforming our business

 

2021 Results		 Transforming our businessWeighting: 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

 

 

 ClimateWeighting: 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

 

 

 WaterWeighting: 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%

6 Waterloop Factories
  • By 2030, 100% of the water used in our industrial processes will be recycled and reused in a loop.
Weighting: 10%Not disclosed
Biodiversity Biodiversity

 

 

 BiodiversityWeighting: 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

 

 

 ResourcesWeighting: 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 transformationWeighting: 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%