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:
More from this topic
L'Oréal is proud to support the LGBTI community
With the ‘Pride Month’, L’Oréal has underlined its commitment to inclusivity for people from the LGBTI community. Thanks to the ‘March for Me’ initiative, any employee could be represented at the World Pride event in New York on June 30, if they wish to be.
L'Oréal supports a unique convention against harassment at work
In a major victory for women’s rights, the International Labor Organization (ILO) has adopted the first international convention on “the elimination of violence and harassment in the world of work.” The adoption of the convention was actively supported by L’Oréal.
Citizen Day celebrates its 10th anniversary and more than one million volunteer hours
In June 2019, L'Oréal celebrates the 10th anniversary of Citizen Day, a global social engagement volunteering day that the Group offers to all of its employees in more than 60 countries where it operates.