To win the newly designed DNP company competition, it was important to send the right signals to the public in terms of transformation and to have a certain “role model” character. The competition, which for the first time had two stages, was pre-selected in the first stage, using AI-based selection procedures. The second stage involved information on CO2 emissions in Scope 1, 2 and 3, as well as on water stewardship, circular economy and resource conservation. The finalists in the “Cosmetics” category were Annemarie Börlind, Lavera and L’Oréal.
“It is an absolute honor for me to accept this award on behalf of L’Oréal Groupe. In Germany alone, more than 2,000 people work for L’Oréal at four sites and all employees contribute every day to achieving the Group’s sustainability goals,” says Kenneth Campbell, General Manager L’Oréal Austria Germany Switzerland. “Since the beginning of 2021, all sites in this country have been CO2 neutral through energy efficiency and the use of renewable energy. Each German site has conducted a biodiversity inventory with partners and is now implementing measures on site to contribute positively to biodiversity by 2030.”
Launched back in 2013, ‘Sharing Beauty With All’ achieved significant CO2 savings and 96 percent of products had an improved environmental and/or social footprint by the end of the program in 2019. The current ‘L’Oréal For The Future’ program, launched in 2020, aims to bring the beauty group’s business activities in line with the 1.5° climate target. In addition, L’Oréal is currently contributing a total of more than 200 million euros in four funds to promote women, natural regeneration and the circular economy, and is supporting communities in countries particularly at risk of climate disasters such as extreme weather events through the ‘Climate Emergency Fund’ and the ‘Prevent & Repair’ principle it enshrines.
“All our goals under our transformation program ‘L’Oréal For The Future’ are measurable, science-based and take the entire value chain with them – from our suppliers to our customers. Only together will we succeed in achieving important changes. This transformation is a rewarding but challenging journey for everyone – which is why this award is both recognition and incentive for us,” comments Joël Tronchon, Chief Sustainability Officer Europe Zone of L’Oréal Groupe, on the DNP award.
This is not the first award for L’Oréal in the area of sustainability; it is the only company in the world to have been awarded the Triple A rating by the Carbon Disclosure Project (CDP) seven times in succession for its contribution to protecting the climate, water and forests – most recently at the end of 2022.
L’Oréal produces nearly 7 billion products a year for 37 international brands in its 38 factories worldwide, 20 of them in Europe, and employs around 87,500 people in more than 150 countries, 3000 of them in the DACH region. The research and innovation team comprises over 4,000 scientists and 5,500 technology and online experts.
According to data, the Group generated sales of 38.26 billion euros across all sales networks in 2022.