1. We are transforming ourselves to ensure our activities are respectful of planetary boundaries.
Scientists unanimously agree that crossing the so-called “planetary boundaries” will destroy humanity’s safe operating space. Our commitment is to ensure our activities are respectful of the planet’s boundaries and adapt to what the planet can withstand, as defined by environmental science. We are implementing a new internal transformation program, with quantifiable measures, to limit our impact on climate, water, biodiversity and natural resources.
2. We are empowering our business ecosystem, helping them transition to a more sustainable world.
We believe it is our responsibility to involve our customers, suppliers and consumers in our transformation process. We are making new commitments to ensure our suppliers’ sustainable development policies are as ambitious as our own, and are including the empowerment of the communities we interact with as a key objective for 2030. We are also launching an innovative environmental and social display mechanism, starting with our brand Garnier. This will allow our consumers to assess the impact of the products they buy and to make informed, sustainable purchasing decisions.
3. We are helping to address the challenges of the world, by supporting urgent social and environmental needs.
Beyond the mere transformation of our business model, we want to contribute to the environmental and social challenges the world is facing. As leader of the beauty industry, we must give back to society and fulfil our responsibilities. For this reason, L’Oréal is 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.