Contributing to solving the challenges of the world

Over the past years, expectations as to what the role of companies should be have changed dramatically. At L’Oréal, we want to take on greater responsibility, go beyond the mere transformation of our business model. With our new sustainability programme, we want to demonstrate that companies can be part of the solution to some of today’s most pressing environmental and social challenges. For this reason, we are allocating 100 million euros to impact investing dedicated to the regeneration of ecosystems and the development of the circular economy, and 50 million euros to a charitable endowment fund to support highly vulnerable women. If we are to build a sustainable and inclusive world, we must support those who are struggling socially or economically, but also focus on preventing climate change and the erosion of biodiversity, which threaten to even more profoundly shake our lives, our societies and our economies, once again with women as the first victims.

A strategy built on three pillars

To define and refine L’Oréal’s next steps in sustainability, seven internal expert panels have been working since April 2019, coordinating independent studies and working with outside partners and civil society. The outcome is a strategy with measurable, time-bound impact reduction targets⁽¹⁾ that will guide our internal transformation, that of our stakeholders and our contribution to urgent social and environmental needs.

(1) More detail on our measureable targets for 2030 in terms of water, climate, biodiversity and resources on www.loreal.com, Commitments & Responsibilities / For the Planet section