Launched in 2013, our sustainability ambition, the program Sharing Beauty With All, is completely integrated in L’Oréal’s value chain and aims at transforming our Group in order to have a positive impact on society and the environment.
We have already achieved key milestones regarding our 2020 goal of reducing greenhouse gas emissions from our plants and distribution centers by 60% in absolute terms, compared to 2005. By the end of 2015, nine L’Oréal industrial sites reached carbon neutrality, and we achieved reductions in carbon emissions by 56% in absolute terms, while production increased by 26% over the same period. By decoupling our growth from its environmental impact, L’Oréal proves that economic performance can clearly be compatible with an ambitious commitment towards climate.
We are ahead of our CO2 target but given the urgency we are going even further. Last year, just before COP21, we made a new commitment to become a “carbon-balanced” company by 2020. L’Oréal will completely counterbalance its remaining emissions from production by generating carbon gains through the sustainable sourcing of raw materials, in partnership with our suppliers.
This new ambition reflects our desire to develop an innovative low-carbon business model and to do our utmost to support the collective campaign to reduce global warming.