Our Inclusive Sourcing Program: Creating Value for People and Planet

L'Oréal Groupe, a returning platinum sponsor of Climate Week NYC 2024, joined the world’s most innovative companies and sustainability leaders in taking action on climate change—one of the most pressing issues of our time. The global event, which took place September 22-29, 2024, brought together a dynamic group of businesses, government officials, climate activists, NGOs, and organizations to share solutions, exchange ideas, and advance climate action. Our participation centered around the L'Oréal For the Future program, L’Oréal Groupe’s global sustainability commitments for 2030. One key initiative of the program is the Inclusive Sourcing Program, which is making a significant social and environmental impact globally, benefiting both people and the planet. 

What is Sourcing?

Sourcing is how companies purchase the goods and services they need from outside suppliers. This often involves a bidding process, where potential suppliers compete to offer the best price and services. At L’Oréal, we source a wide range of items, from the ingredients and packaging used in our products to the specialized services that support our brands, including IT, media, and marketing.