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 at the third Women4Climate ceremony in Paris
The third Women4Climate ceremony took place last 21 February in Paris, at the invitation of Anne Hidalgo, mayor of Paris and Head of C40 Cities, following the 2017 and 2018 editions in New York and Mexico.
Diversity and Inclusion at L'Oréal: How does it work and why is it so important?
Our policy of welcoming people of all life experiences and backgrounds has real benefits for our team members and our business success.
For Women in Sciences: extending the award to mathematics and computer science
On the International Day of Women and Girls in Science, the L’Oréal Foundation and UNESCO are revealing the ranking of the 21st International Award For Women in Science, which honors outstanding women scientists, from all over the world.
These exceptional women are recognized for the excellence of their research in the fields of material science, mathematics and computer science.