2024 universal registration document

1. Presentation of the Group – Integrated Report

  L'Oréal is aiming to:
  • 2024 results
  • Outperformance
  • Objectives
RESOURCES

RESOURCES

L'Oréal is aiming to:

Ensure 95% of ingredients in formulas are biobased, derived from abundant minerals or from circular processes by 2030.

2023 results: 65%, outperformance: 66%, objectives: 95%

 

Use 100% recycled or biobased plastics in packaging by 2030 (with an interim target of 50% by 2025).

2023 results: 32%, outperformance: 37%, objectives: 100%

 

Reduce the intensity of the quantity of packaging used for products by 20% compared to 2019 by 2030.

2023 results: -4%, outperformance: -11%, objectives: -20%

 

Ensure that 100% of the Group's plastic packaging is refillable, reusable, recyclable or compostable by 2025.

2023 results: 44%, outperformance: 49%, objectives: 100%

 

Use eco-design(6) techniques for all the Group's products by 2030.

2023 results: 96%, outperformance: 98%, objectives: 100%

 

Eco-design 100% of new point-of-sale displays by 2025.

2023 results: 99%, outperformance: 99%, objectives: 100%

 

Design and build 100% of new or renovated L'Oréal stores in accordance with the Group's sustainability principles by 2025.

2023 results: 78%, outperformance: 54%, objectives: 100%

 

Recover (reuse or recycle) 100% of waste generated on industrial sites by 2030.

2023 results: 61%, outperformance: 76%, objectives: 100%
INVOLVING THE ECOSYSTEM IN THE GROUP'S TRANSFORMATION

Ensure that 100% of strategic suppliers’ employees are paid at least a living wage covering their basic needs and those of their dependents, calculated in line with best practices by 2030.

outperformance: 6%, objectives: 100%

Help 100,000 people from deprived communities to find work by 2030.

2023 results: 37,264, outperformance: 71,349, objectives: 100,000people

Involve three million people in L’Oréal brand social engagement programmes by 2030.

2023 results: >4 million, outperformance: 3 million, objectives: >4.5million
CONTRIBUTE TO SOLVING GLOBAL CHALLENGES
L'Oréal is aiming to:

Allocate €80 million through the L’Oréal Fund for Women to support the most vulnerable women by 2026.

2023 results: 55 million, outperformance: 70 million, objectives: 80 million

Invest €50 million through the L’Oréal Fund for Nature Regeneration to help restore one million hectares of degraded ecosystems, capture 15 to 20 million tonnes of CO2 and create hundreds of jobs(9) by 2030.

2023 results: 527 million, outperformance: 24.4 million, objectives: 50 million

Invest €50 million through the Circular Innovation Fund to finance circular economy projects by 2030.

2023 results: 512.6 million, outperformance: 16.9 million, objectives: 50 million

Allocate €15 million through the L'Oréal Climate Emergency Fund to increase the resilience of vulnerable communities in the face of climate disasters by 2026.

2023 results: 5 million, outperformance: 10 million, objectives: 15 million