Metsä Board Magazine – Winter 2022

9

“Our ambition is to collectively shape the future of sustainable packaging.” Mathieu Dufour, Packaging Sourcing Domain Head, L’Oréal

W ith 35 international brands, €32.28 billion in sales, and 1.5 billion annual consumers, L’Oréal Group is a global market leader in cosmetics. But it’s fair to say that L’Oréal is also a trendsetter in sustainability. A clear indication of L’Oréal’s progress is the best possible A rating, assessed by CDP in all environmental categories: tack- ling climate change; supporting sustainable forestry; and ensur- ing water security. In 2021, only 14 companies earned this tri- ple-A score – L’Oréal got it for sixth consecutive year. In L’Oréal’s latest sustainability programme, “L’Oréal for the Future,” the company has set extensive and quantifiable targets for 2030. “We mitigate climate change in line with the Science Based Tar- gets initiative. But we are also going one step further by address- ing three other major environmental issues: the preservation of biodiversity; sustainable water management; and the circular use of resources,” says Mathieu Dufour , Packaging Sourcing Domain Head at L’Oréal. The commitments are not restricted to L’Oréal’s direct impact; they also cover the indirect effects of the company’s suppliers and consumers’ use of its products. L’Oréal evaluates the commitments of its suppliers regularly with the EcoVadis questionnaire. EcoVadis rates companies us- ing four themes: environment; labour and human rights; sustain- able procurement; and ethics. So far, EcoVadis has rated more than 90,000 companies. L’Oréal is aiming for rapid cuts in CO₂ emissions By 2025, all L’Oréal’s sites will have achieved carbon neutrality by improving energy efficiency and using 100% renewable energy. Accordingly, by 2030, L’Oréal’s strategic suppliers must reduce their direct emissions of scopes 1 and 2 by 50% compared to 2016. Scope 1 emissions are direct emissions from company-owned and -controlled resources; scope 2 emissions are indirect emis- sions from the generation of purchased energy.

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