| ACAs plan of 7 October 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|
| 50% growth in like-for-like sales compared to a panel of competitors*The panel consists of the following companies: Unilever, Procter & Gamble, Estée Lauder, Shiseido, Beiersdorf, Kenvue (formerly Johnson & Johnson), Henkel, LVMH, Kao and Coty. | 50% growth in like-for-like sales compared to a panel of competitors *The panel consists of the following companies: Unilever, Procter & Gamble, Estée Lauder, Shiseido, Beiersdorf, Kenvue (formerly Johnson & Johnson), Henkel, LVMH, Kao and Coty.2022+7.3 points (+10.9%/+3.6%) |
50% growth in like-for-like sales compared to a panel of competitors *The panel consists of the following companies: Unilever, Procter & Gamble, Estée Lauder, Shiseido, Beiersdorf, Kenvue (formerly Johnson & Johnson), Henkel, LVMH, Kao and Coty.2023+5.8 points (+11%/+5.2%) |
50% growth in like-for-like sales compared to a panel of competitors *The panel consists of the following companies: Unilever, Procter & Gamble, Estée Lauder, Shiseido, Beiersdorf, Kenvue (formerly Johnson & Johnson), Henkel, LVMH, Kao and Coty.2024pending |
| 50% variation in the Group’s operating profit | 50% variation in the Group’s operating profit 2022+21.00% (6,160.3/7,456.9) |
50% variation in the Group’s operating profit 2023+ 9.20% (7,456.9/8,143.3) |
50% variation in the Group’s operating profit 2024pending |
| ACAs plan of 13 October 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|
|
+5.8 points (+11%/ +5.2%) + 9.20% (7,456.9/ 8,143.3) |
pending |
pending |
| 20% based on non-financial performance criteria, of which: | |||
| 15% depends on the fulfilment of environmental and social responsibility commitments made by the Group as part of the L’Oréal for the Future program | |||
| - % of sites achieving 100% renewable energy (formerly known as “carbon neutral”(1))A site must meet the following criteria: Direct CO2 (Scope 1) = 0, with the specific exception of the gas used for catering, the fuel oil used for sprinkler tests, the fuel oil (or diesel) used temporarily by backup units, fossil energy consumed during maintenance of on-site renewable facilities and cooling gas leaks if they are lower than 130 tonnes CO2 eq./year; and indirect Market Based CO2 (Scope 2) = 0. It should be noted that renewable energy sources no longer need to be located less than 500 kilometres from the site. | - % of sites achieving 100% renewable energy (formerly known as “carbon neutral” (1)) A site must meet the following criteria: Direct CO2 (Scope 1) = 0, with the specific exception of the gas used for catering, the fuel oil used for sprinkler tests, the fuel oil (or diesel) used temporarily by backup units, fossil energy consumed during maintenance of on-site renewable facilities and cooling gas leaks if they are lower than 130 tonnes CO2 eq./year; and indirect Market Based CO2 (Scope 2) = 0. It should be noted that renewable energy sources no longer need to be located less than 500 kilometres from the site.202377% |
- % of sites achieving 100% renewable energy (formerly known as “carbon neutral” (1)) A site must meet the following criteria: Direct CO2 (Scope 1) = 0, with the specific exception of the gas used for catering, the fuel oil used for sprinkler tests, the fuel oil (or diesel) used temporarily by backup units, fossil energy consumed during maintenance of on-site renewable facilities and cooling gas leaks if they are lower than 130 tonnes CO2 eq./year; and indirect Market Based CO2 (Scope 2) = 0. It should be noted that renewable energy sources no longer need to be located less than 500 kilometres from the site.2024pending |
- % of sites achieving 100% renewable energy (formerly known as “carbon neutral” (1)) A site must meet the following criteria: Direct CO2 (Scope 1) = 0, with the specific exception of the gas used for catering, the fuel oil used for sprinkler tests, the fuel oil (or diesel) used temporarily by backup units, fossil energy consumed during maintenance of on-site renewable facilities and cooling gas leaks if they are lower than 130 tonnes CO2 eq./year; and indirect Market Based CO2 (Scope 2) = 0. It should be noted that renewable energy sources no longer need to be located less than 500 kilometres from the site.2025pending |
| - % of our formula ingredients that are biobased, traceable and come from sustainable sources | - % of our formula ingredients that are biobased, traceable and come from sustainable sources 202393% |
- % of our formula ingredients that are biobased, traceable and come from sustainable sources 2024pending |
- % of our formula ingredients that are biobased, traceable and come from sustainable sources 2025pending |
| - % of plastic packaging that comes from either recycled or biobased sources | - % of plastic packaging that comes from either recycled or biobased sources 202332% |
- % of plastic packaging that comes from either recycled or biobased sources 2024pending |
- % of plastic packaging that comes from either recycled or biobased sources 2025pending |
| number of people benefiting from the Group’s brands’ social commitment programs in relation to the target of three million people by 2030 | number of people benefiting from the Group’s brands’ social commitment programs in relation to the target of three million people by 2030 20234 million |
number of people benefiting from the Group’s brands’ social commitment programs in relation to the target of three million people by 2030 2024pending |
number of people benefiting from the Group’s brands’ social commitment programs in relation to the target of three million people by 2030 2025pending |
| 5% depends on the gender balance within strategic positions, including the Executive Committee | 5% depends on the gender balance within strategic positions, including the Executive Committee 202348% women |
5% depends on the gender balance within strategic positions, including the Executive Committee 2024pending |
5% depends on the gender balance within strategic positions, including the Executive Committee 2025pending |
| ACAs plan of 12 October 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|
|
pending |
pending |
pending |
| 20% based on non-financial performance criteria, of which: | |||
| 15% depends on the fulfilment of environmental and social responsibility commitments made by the Group as part of the L’Oréal for the Future program | 15% depends on the fulfilment of environmental and social responsibility commitments made by the Group as part of the L’Oréal for the Future program 2024pending |
15% depends on the fulfilment of environmental and social responsibility commitments made by the Group as part of the L’Oréal for the Future program 2025pending |
15% depends on the fulfilment of environmental and social responsibility commitments made by the Group as part of the L’Oréal for the Future program 2026pending |
| - % of sites achieving 100% renewable energy (formerly known as “carbon neutral”(1))A site must meet the following criteria: Direct CO2 (Scope 1) = 0, with the specific exception of the gas used for catering, the fuel oil used for sprinkler tests, the fuel oil (or diesel) used temporarily by backup units, fossil energy consumed during maintenance of on-site renewable facilities and cooling gas leaks if they are lower than 130 tonnes CO2 eq./year; and indirect Market Based CO2 (Scope 2) = 0. It should be noted that renewable energy sources no longer need to be located less than 500 kilometres from the site. | - % of sites achieving 100% renewable energy (formerly known as “carbon neutral” (1)) A site must meet the following criteria: Direct CO2 (Scope 1) = 0, with the specific exception of the gas used for catering, the fuel oil used for sprinkler tests, the fuel oil (or diesel) used temporarily by backup units, fossil energy consumed during maintenance of on-site renewable facilities and cooling gas leaks if they are lower than 130 tonnes CO2 eq./year; and indirect Market Based CO2 (Scope 2) = 0. It should be noted that renewable energy sources no longer need to be located less than 500 kilometres from the site.2024pending |
- % of sites achieving 100% renewable energy (formerly known as “carbon neutral” (1)) A site must meet the following criteria: Direct CO2 (Scope 1) = 0, with the specific exception of the gas used for catering, the fuel oil used for sprinkler tests, the fuel oil (or diesel) used temporarily by backup units, fossil energy consumed during maintenance of on-site renewable facilities and cooling gas leaks if they are lower than 130 tonnes CO2 eq./year; and indirect Market Based CO2 (Scope 2) = 0. It should be noted that renewable energy sources no longer need to be located less than 500 kilometres from the site.2025pending |
- % of sites achieving 100% renewable energy (formerly known as “carbon neutral” (1)) A site must meet the following criteria: Direct CO2 (Scope 1) = 0, with the specific exception of the gas used for catering, the fuel oil used for sprinkler tests, the fuel oil (or diesel) used temporarily by backup units, fossil energy consumed during maintenance of on-site renewable facilities and cooling gas leaks if they are lower than 130 tonnes CO2 eq./year; and indirect Market Based CO2 (Scope 2) = 0. It should be noted that renewable energy sources no longer need to be located less than 500 kilometres from the site.2026pending |
| - % of our formula ingredients that are biobased, traceable and come from sustainable sources | - % of our formula ingredients that are biobased, traceable and come from sustainable sources 2024pending |
- % of our formula ingredients that are biobased, traceable and come from sustainable sources 2025pending |
- % of our formula ingredients that are biobased, traceable and come from sustainable sources 2026pending |
| - % of plastic packaging that comes from either recycled or biobased sources | - % of plastic packaging that comes from either recycled or biobased sources 2024pending |
- % of plastic packaging that comes from either recycled or biobased sources 2025pending |
- % of plastic packaging that comes from either recycled or biobased sources 2026pending |
| - number of people benefiting from the Group’s brands’ social commitment programs in relation to the target of 12 million by 2026(2) Cumulatively since 2020, the year the L’Oréal for the Future programme was launched. For information purposes, by the end of 2023, a total of seven million people had benefited from the Group’s brands’ social commitment programs since 2020. | - number of people benefiting from the Group’s brands’ social commitment programs in relation to the target of 12 million by 2026 (2) Cumulatively since 2020, the year the L’Oréal for the Future programme was launched. For information purposes, by the end of 2023, a total of seven million people had benefited from the Group’s brands’ social commitment programs since 2020.2024pending |
- number of people benefiting from the Group’s brands’ social commitment programs in relation to the target of 12 million by 2026 (2) Cumulatively since 2020, the year the L’Oréal for the Future programme was launched. For information purposes, by the end of 2023, a total of seven million people had benefited from the Group’s brands’ social commitment programs since 2020.2025pending |
- number of people benefiting from the Group’s brands’ social commitment programs in relation to the target of 12 million by 2026 (2) Cumulatively since 2020, the year the L’Oréal for the Future programme was launched. For information purposes, by the end of 2023, a total of seven million people had benefited from the Group’s brands’ social commitment programs since 2020.2026pending |
| 5% depends on the gender balance within strategic positions, including the Executive Committee | 5% depends on the gender balance within strategic positions, including the Executive Committee 2024pending |
5% depends on the gender balance within strategic positions, including the Executive Committee 2025pending |
5% depends on the gender balance within strategic positions, including the Executive Committee 2026pending |
The authorisation granted by the Annual General Meeting of 21 April 2022 to the Board of Directors to grant free shares to Group employees and some of its corporate officers expires in 2024. A new authorisation will be submitted to the Annual General Meeting of 23 April 2024. See Resolution 19.
