L’Oréal’s AAA score highlights Sharing Beauty With All sustainability commitments
During the CDP ceremony awards gathering high-level climate and economic decision-makers in Brussels, L’Oréal was one of only two companies in the world to score an A for all three of CDP’s programs (climate, water and forests) in recognition of L’Oréal’s impressive actions to cut carbon emissions, enhance water stewardship, tackle deforestation in its supply chain and lead the new sustainable economy.L’Oréal’s AAA score highlights the Group’s early commitment to sustainability and progress made since the launch of its Sharing Beauty With All program in 2013. Integrated in L’Oréal’s entire value chain, Sharing Beauty With All sets forth the Group’s commitments in terms of sustainable development by 2020 and addresses all its impacts, from the products’ conception to their distribution, including production process and sourcing of ingredients.
Upon receiving the CDP award in Brussels, Jean-Paul AGON, Chairman and CEO of L’Oréal, said:
We are honored to be, for the second year in a row, one of only two companies in the world to receive an AAA rating. Our environmental, social, societal actions must do good wherever we operate. I believe that companies are a force of transformation and as such, must commit to fight climate change alongside cities and states. Businesses and governments both have a responsibility and interest to act on climate change and for this reason, we must do everything we can to drive this momentum.
L’Oréal’s Sharing Beauty With All program builds on four pillars:
- Innovating sustainably, to reduce the environmental footprint of products and formulas;
- Producing sustainably, to reduce the environmental footprint of plants and distribution centres;
- Living sustainably, giving consumers the possibility to make sustainable consumption choices;
- Sharing growth with all the Group’s stakeholders: communities, suppliers and employees. https://www.cdp.net/en/scores-2017
CDP publishes A-D scores across climate, water and forests for over 3,000 major corporates, with the leaders celebrated on the prestigious A List. The A-List (for climate, water and forests) and full company scores are available on CDP’s website:
Full program available here https://sharingbeautywithall.loreal.com/