
L'Oréal India's Commitment: Nurturing Society and Environment
The fragile balance between human progress and environmental sustainability has grown more dangerous in a time of tremendous technological advancement and exponential population expansion.
As a result of our disregard for the environment, alarming effects are already being seen, including an increase in extreme weather events and global temperatures, a decline in biodiversity, and the deterioration of vital ecosystems. More than ever, it is obvious that taking steps to protect the environment is absolutely necessary for the welfare of both current and future generations.
Equally urgent is the growing risk posed by climate change, which has evolved from a far-off worry to an impending crisis. A planet in crisis can be seen in the rising global temperatures, melting polar ice caps, and escalating natural calamities.
A warming climate has far-reaching effects on agriculture, sea levels, and populated areas. To lessen the effects of climate change and make the transition to a sustainable, low-carbon future, immediate action is needed.
L’oreal India: A Pioneer of Beauty
According to L'oreal, people have been drawn to beauty since the dawn of time. It is a common ambition that transcends all eras, nations, and civilizations.
L'Oreal believes that beauty is more than just looking good. We feel more confident in our identities, aspirations, and interpersonal interactions as a result of beauty.
The brand has been attempting to lower the CO2 emissions associated with its industrial activity for more than 20 years. To do this, they boosted the usage of local renewable energy and improved energy efficiency across all of their facilities (buildings, machinery, etc.) in order to meet the targets established for the sites without carbon offset projects.
According to the local options provided by the industrial sites in the various countries where they operate, L'Oreal India developed their renewable energy strategy. For the majority of their carbon reduction projects, they used locally produced renewable energy or directly produced their own renewable energy with biomass, solar panels and more.
They were among the first 100 businesses to set approved Science-Based Targets (SBT) objectives in 2017. Their main goal for combating climate change is to align their greenhouse gas emissions to the +1.5°C scenario by 2030, which entails cutting all of their greenhouse gas emissions along their whole value chain by 50% per finished product in comparison to 2016.
To achieve this, they have established quantitative goals for each of their operations, including the locations of their manufacturing and distribution centers as well as the supply chain for their raw materials and the unintended consequences of their customers' use of products.
L'Oréal is using a two-pronged strategy to lower its carbon footprint. First, by reducing the greenhouse gas emissions of its factories and distribution centers, utilizing renewable energy sources, and increasing its energy efficiency, the Group has cut the emissions of its industrial sites by 91%.
Its manufacturing volume climbed by 45% over that time, demonstrating L'Oréal's ability to successfully balance its commitment to ambitious climate action with its business success. 110 industrial locations owned by L'Oréal, including 22 plants, had become carbon neutral by the end of 2022.
In 2020, L'Oréal announced "L'Oréal for the future," a new sustainability initiative that outlines the Group's most recent set of 2030 goals. L'Oréal is speeding its transformation towards a model respecting planetary boundaries and increasing its commitments to both sustainability and inclusivity in light of the escalating environmental and social challenges.
Changing L'Oréal's operations to respect the constraints of the planet:
By 2030, 100% of the plastics used in the packaging of L'Oréal's products will be either from recycled or bio-based sources;
By 2030, L'Oréal will reduce its entire greenhouse gas emissions by 50% per finished product, compared to 2016.
By 2025, these goals are set to be achieved by all of the company's sites by increasing energy efficiency and using 100% renewable energy.
L’oreal India’s Helping Hand in Covid-19
L'Oreal India also contributed more than 60,000 liters of alcohol-based hand sanitizer to aid the nation in its fight against the coronavirus pandemic.
In the vicinity of its production sites in Baddi, Himachal Pradesh, and Chakan, Maharashtra, the company also offered personal protective equipment (PPE) to primary healthcare facilities.
The company believed it was its duty to use the resources at its disposal to support and contribute to the nationwide efforts already being undertaken. Their programs honor individuals who are on the front lines fighting to stop the pandemic and help those who are most affected by it. L'Oreal India also used a donation drive to solicit support from its staff members for the PM CARES Fund, matching every donation with a corporate gift.
Additionally, the business collaborated with the non-profit organizations Action Aid and Nirmala Niketan to help migrants and their families in Baddi, Chakan, Mumbai, Gurugram,
Impact of the Move by L’oreal
Through a variety of cutting-edge initiatives, L'Oréal, a global leader in the beauty sector, has shown an unshakable dedication to environmental conservation. It has drastically decreased its environmental impact while promoting ethical business practices by establishing ambitious sustainability goals and putting forward-thinking procedures into place.
L'Oréal serves as a shining example of corporate responsibility by making investments in renewable energy, environmentally friendly sourcing, and cutting-edge research. This company exemplifies how business leaders may push for a more sustainable future. Their outstanding efforts are proof of the significant influence proper business stewardship can have on preserving our world for future generations.
Learning Forward
In the face of pressing environmental challenges, we must act decisively and with urgency. To forge a sustainable coexistence with nature, collaboration beyond borders and individual interests is crucial. This collective effort not only safeguards the planet for future generations but also ensures our immediate prosperity.
L'Oréal India has already taken strides in this direction, setting a powerful example. As individuals, we hold the potential to make a significant impact, and by aligning ourselves with such initiatives, we become catalysts for positive change. Now is the time to follow their lead, contribute earnestly, and pave the way for a future where environmental harmony and human well-being go hand in hand.