Beauty Packaging Staff02.05.20
L’Oréal has been highlighted as a world leader in corporate sustainability by the non-profit organization CDP, whose annual environmental disclosure and scoring process is recognized as the gold standard of corporate environmental transparency.
L’Oréal achieved a place on the ‘A’ List for all three environmental issues covered by CDP scores: climate change, water security and forests. Among the 8,400 businesses evaluated, L’Oréal is one of only six companies to score an ‘A’ for the three themes this year, and is the only company to have achieved this triple ‘A’ score for four consecutive years.
The high score recognizes L’Oréal’s actions to cut carbon emissions, tackle deforestation in its supply chain, enhance water stewardship and become a leader in the new sustainable economy.
A Prestigious Honor
“We are absolutely thrilled to become the only company to have been awarded, for four years in a row, an A score for all three CDP rankings. For many years now, we have been fully engaged in an in-depth transformation of our company towards an increasingly more responsible and sustainable business model,” said Jean-Paul Agon, chairman and CEO of L’Oréal. “This outstanding score is the result of the steadfast determination of our teams and the extremely ambitious objectives that we set in 2013, as part of our sustainable development program ‘Sharing Beauty With All’. While we can be proud of this exceptional performance, we know that we cannot rest on our laurels. We will pursue our efforts and reduce our environmental impact according to what scientific experts demand, and what our planet needs.”
“Congratulations to the companies that achieved a position on CDP’s A List this year, for leading in environmental performance and transparency,” commented Paul Simpson, CEO of CDP. “The scale of the business risks from the climate emergency, deforestation and water insecurity are vast – as are the opportunities from addressing them – and it’s clear the private sector has a vital role to play at this critical time. The A List companies are leading the market in corporate sustainability, tackling environmental risks and setting themselves up to thrive in tomorrow’s economy”.
This year, over 8,400 companies answered the questionnaire and disclosed data to CDP for independent assessment against its scoring methodology. Companies receive scores from A to D, based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership. Those that do not disclose or provide insufficient information are marked with an F.
L’Oréal achieved a place on the ‘A’ List for all three environmental issues covered by CDP scores: climate change, water security and forests. Among the 8,400 businesses evaluated, L’Oréal is one of only six companies to score an ‘A’ for the three themes this year, and is the only company to have achieved this triple ‘A’ score for four consecutive years.
The high score recognizes L’Oréal’s actions to cut carbon emissions, tackle deforestation in its supply chain, enhance water stewardship and become a leader in the new sustainable economy.
A Prestigious Honor
“We are absolutely thrilled to become the only company to have been awarded, for four years in a row, an A score for all three CDP rankings. For many years now, we have been fully engaged in an in-depth transformation of our company towards an increasingly more responsible and sustainable business model,” said Jean-Paul Agon, chairman and CEO of L’Oréal. “This outstanding score is the result of the steadfast determination of our teams and the extremely ambitious objectives that we set in 2013, as part of our sustainable development program ‘Sharing Beauty With All’. While we can be proud of this exceptional performance, we know that we cannot rest on our laurels. We will pursue our efforts and reduce our environmental impact according to what scientific experts demand, and what our planet needs.”
“Congratulations to the companies that achieved a position on CDP’s A List this year, for leading in environmental performance and transparency,” commented Paul Simpson, CEO of CDP. “The scale of the business risks from the climate emergency, deforestation and water insecurity are vast – as are the opportunities from addressing them – and it’s clear the private sector has a vital role to play at this critical time. The A List companies are leading the market in corporate sustainability, tackling environmental risks and setting themselves up to thrive in tomorrow’s economy”.
This year, over 8,400 companies answered the questionnaire and disclosed data to CDP for independent assessment against its scoring methodology. Companies receive scores from A to D, based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership. Those that do not disclose or provide insufficient information are marked with an F.
