2024 universal registration document

2. Corporate governance

2024 NON-FINANCIAL AND QUALITATIVE TARGETS (40% OF TOTAL ANNUAL VARIABLE REMUNERATION)

Non-financial and qualitative criteria Weighting 2024 performance indicators

Payment rate

Target 100% of
the fixed
amount
Maximum 120%

Board appraisal
CSR criteria: L’Oréal for the Future programme CSR criteria: L’Oréal for the Future programmeWeighting

10%

CSR criteria: L’Oréal for the Future programme2024 performance indicatorsSee indicators on the following pages CSR criteria: L’Oréal for the Future programme

Payment rate

Target 100% of
the fixed
amount
Maximum 120%

105%
CSR criteria: L’Oréal for the Future programmeBoard appraisal

Outperformance

Human Resources criteria Human Resources criteria Weighting

7.5%

Human Resources criteria 2024 performance indicatorsSee indicators on the following pages Human Resources criteria

Payment rate

Target 100% of
the fixed
amount
Maximum 120%

110%
Human Resources criteria Board appraisal

Outperformance

Digital development criteria Digital development criteria Weighting

7.5%

Digital development criteria 2024 performance indicatorsSee indicators on the following pages Digital development criteria

Payment rate

Target 100% of
the fixed
amount
Maximum 120%

120%
Digital development criteria Board appraisal

Outperformance

Maximum reached

Qualitative criteria: Management Qualitative criteria: Management Weighting

7.5%

Qualitative criteria: Management 2024 performance indicatorsSee indicators on the following pages Qualitative criteria: Management

Payment rate

Target 100% of
the fixed
amount
Maximum 120%

120%
Qualitative criteria: Management Board appraisal

Outperformance

Maximum reached

Qualitative criteria: Image, company reputation, dialogue with stakeholders Qualitative criteria: Image, company reputation, dialogue with stakeholdersWeighting

7.5%

Qualitative criteria: Image, company reputation, dialogue with stakeholders2024 performance indicatorsSee indicators on the following pages Qualitative criteria: Image, company reputation, dialogue with stakeholders

Payment rate

Target 100% of
the fixed
amount
Maximum 120%

119%
Qualitative criteria: Image, company reputation, dialogue with stakeholdersBoard appraisal

Outperformance

RATE OF ACHIEVEMENT OF 2024 NON-FINANCIAL AND QUALITATIVE TARGETS

RATE OF ACHIEVEMENT OF 2024 NON-FINANCIAL AND QUALITATIVE TARGETS

Weighting114.2%

RATE OF ACHIEVEMENT OF 2024 NON-FINANCIAL AND QUALITATIVE TARGETS

2024 performance indicators

 

TABLE OF NON-FINANCIAL AND QUALITATIVE ACHIEVEMENTS IN 2024

The Board of Directors, at its meeting of 13 March 2025, used the following indicators and achievements examined by the Human Resources and Remuneration Committee to determine the level of achievement of the non-financial and qualitative targets for 2024.

CSR criteria: L’Oréal for the Future programme Weighting 10%
The L’Oréal for the Future programme sets out the sustainability commitments for 2030 that L'Oréal defined in 2020, for which the 2024 achievements are summarised in the table in section 1.4.2.
TRANSFORMING OUR BUSINESS 2024 results 2023 results
Climate    

By 2025, 100% of the energy used by operated sites(1) will be renewable.

97% 91%

By 2030, on average, we will have halved the greenhouse gas emissions per finished product linked to the transportation of products compared to 2016.

-13% -9.7%
Water    

By 2030, 100% of the water used in industrial processes will be recycled and reused.

53% Not avail.
Biodiversity    

By 2030, 100% of the ingredients in formulas and biobased packaging materials will be traceable and come from sustainable sources.

92% 88%
Resources    

By 2030, 95% of the ingredients in formulas will be biobased, sourced from abundant minerals or from circular processes.

66% 65%

By 2030, 100% of the plastics used in packaging will be from either recycled or biobased sources.

37% 32%
EMPOWERING OUR ECOSYSTEM IN OUR TRANSFORMATION    

By 2030, all Group products will be eco-designed(2).

98% 96%

By 2030, we will have helped 100,000 people from disadvantaged communities find employment.

71,349 37,284