In 2010, the signatory countries to the Convention on biological diversity approved the Nagoya Protocol, aimed at regulating access to resources in a given territory and the fair sharing of benefits resulting from those resources.
L’Oréal Research was aware of these issues well before the protocol came into effect, and since 2005 has continuously striven to secure its supply chains so that they meet the issues of sustainable development.
This awareness goes hand in hand with the increasing use of renewable plant-based ingredients in our products. For instance, Biotherm launched a men's deodorant with 100% natural ingredients this year.
Palm oil supply is a significant example here: in 2011, L’Oréal’s sourcing was again recognised as sustainable by the WWF with a score of 9/9 on their rating scale. Similarly, the group’s argan sourcing was the subject of a presentation by an external expert, Daniel Robinson (South Wales University, Australia), during the “Union for Ethical BioTrade” conference, where it was hailed as a proactive initiative for “accessing and sharing benefits”.
For more information on this topic, see the GRI data sheets: