L’Oréal India’s Commitment – In an era of immense technical advancement and exponential population growth, the delicate balance between human progress and environmental sustainability has become more precarious.
Alarming impacts are already being seen as a result of our disdain for the environment, including an increase in extreme weather events and global temperatures, a reduction in biodiversity, and the destruction of important ecosystems. More than ever, it is clear that environmental protection is critical for the well-being of both present and future generations.
Equally pressing is the mounting threat posed by climate change, which has progressed from a distant concern to an impending calamity. Rising global temperatures, melting polar ice caps, and intensifying natural disasters all point to a planet in peril.
Climate change has far-reaching consequences for agriculture, sea levels, and populated places. To mitigate the effects of climate change and transition to a low-carbon society, rapid action is required.
People have been captivated to beauty from the beginning of time, according to L’oreal. It is a universal goal that spans all eras, nations, and civilizations.
L’Oréal India’s Commitment
L’Oreal thinks that beauty entails more than just appearance. As a result of beauty, we are more confident in our identities, objectives, and interpersonal connections.
For more than 20 years, brand has been working to reduce CO2 emissions related with its manufacturing operations. In order to reach the targets set for the sites without carbon offset projects, they increased the use of local renewable energy and improved energy efficiency across all of their facilities (buildings, machines, etc.).
L’Oreal India established their renewable energy plan based on the local possibilities supplied by the industrial locations in the many nations where they operate. They employed locally produced renewable energy or directly produced their own renewable energy with biomass, solar panels, and other technologies for the majority of their carbon reduction efforts.
In 2017, they were among the first 100 companies to set approved Science-Based Targets (SBT) objectives. Their primary target in fighting climate change is to align their greenhouse gas emissions to the +1.5°C scenario by 2030, which means reducing all of their greenhouse gas emissions across their whole value chain by 50% per finished product in compared to 2016.
To do so, they have set measurable goals for each of their activities, including the sites of their manufacturing and distribution facilities, as well as the supply chain for their raw materials and the unintended repercussions of their customers’ product consumption.
L’Oréal employs a two-pronged approach to reducing its carbon footprint. First, by decreasing greenhouse gas emissions from its plants and distribution centers, employing renewable energy sources, and improving energy efficiency, the Group has reduced industrial site emissions by 91%.
During that time, its manufacturing volume increased by 45%, proving L’Oréal’s ability to successfully balance its commitment to aggressive climate action with financial success. By the end of 2022, L’Oréal’s 110 industrial locations, including 22 plants, would be carbon neutral.
In 2020, L’Oréal unveiled “L’Oréal for the Future,” a new sustainability effort outlining the Group’s most recent set of 2030 targets. In view of the mounting environmental and social problems, L’Oréal is hastening its transition to a model that respects planetary boundaries and boosting its commitments to both sustainability and inclusivity.
L’Oreal India has donated over 60,000 liters of alcohol-based hand sanitizer to help the country fight the coronavirus outbreak.
The company also provided personal safety equipment (PPE) to primary healthcare facilities in the region of its industrial plants in Baddi, Himachal Pradesh, and Chakan, Maharashtra.
The corporation considered it was its responsibility to use the resources at its disposal to support and contribute to the ongoing national initiatives. Their initiatives celebrate people who are battling to stop the pandemic and assist those who are most affected by it. L’Oreal India also used a contribution drive to gather support for the PM CARES Fund from its employees, matching every donation with a corporate gift.
L’Oréal, a global leader in the beauty industry, has demonstrated an unwavering commitment to environmental conservation through a number of cutting-edge projects. It has significantly reduced its environmental effect while supporting ethical business practices by setting high sustainability targets and implementing forward-thinking procedures.
L’Oréal exemplifies corporate responsibility by investing in renewable energy, ecologically sustainable sourcing, and cutting-edge research. This corporation is an example of how corporate executives can advocate for a more sustainable future. Their exceptional initiatives demonstrate the huge impact that good business stewardship can have on safeguarding our planet for future generations.