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L'Oréal 2030 target: 150 million euros to help solve social and environmental problems

 Last Update: 2022-08-23
 Source: Internet
 Author: User

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Earlier, L'Oreal Group announced in Paris, France, the group's new sustainable development project "L'Oreal, For Tomorrow" and a series of ambitious goals for 2030

L'Oréal China President and CEO Fei Borui shared the "L'Oreal, For Tomorrow" 2030 Sustainable Development Project and "Beautiful Planet, See You Tomorrow" China's annual green consumption advocacy

2030 Sustainable Development Project and "Beautiful Planet, See You Tomorrow" China's annual green consumption advocacy
.

2030 Product packaging 100% from recycled or bio-based materials

The "L'Oréal, For Tomorrow" 2030 Sustainability Project will contain three core strategies, along with corresponding latest initiatives and key goals:

(1) Promote the transformation of its own business model and respect the boundaries of the earth

By 2030, reduce greenhouse gas emissions per unit of product by 50% compared to 2016;

By 2025, all operating facilities will be more energy efficient and use 100% renewable energy to achieve carbon neutrality;

By 2030, through innovation, consumers will reduce the greenhouse gas generated by the use of L'Oréal products by 25% on average per unit of finished product compared to 2016;

By 2030, 100% of the water used in industrial processes will be recycled;

By 2030, 95% of the ingredients in the formula will be bio-based, derived from sufficient minerals or recycled processes;

By 2030, 100% of plastic in product packaging will be sourced from recycled or bio-based materials (50% by 2025)

(2) Empowering the business ecosystem and transforming together towards a more sustainable world

By 2030, 100% of L'Oréal's strategic suppliers will provide employees with at least a living wage to meet the basic needs of employees and their families;

By 2030, L'Oréal will help 100,000 poor people achieve new jobs; L'Oréal has created a product environmental and social impact labeling system to empower 1.
5 billion consumers to make sustainable consumption choices

(3) Allocate 150 million euros to address pressing social and environmental issues

To address key environmental challenges, 100 million euros will be used for impact investment, of which 50 million euros will be used to fund projects related to natural regeneration, and 50 million euros will be used to fund projects related to the circular economy

To help disadvantaged women, 50 million euros will be used to create charitable and endowment funds

Join hands with Ali to continue to promote green parcels

In 2018, L'Oréal China and Alibaba Group started to promote the use of tape-free, easy-to-tear, 100% degradable green packages in e-commerce logistics.
So far, more than 10 brands have begun to use them.
In 2019, about 2,000 packages were issued.
A total of 3.
4 million were sent out during June 18 in 2020

In 2019, a total of about 20 million pieces were sent out, and a total of 3.

The "Green Package Graffiti Collection Order" was launched
.
On this basis, L'Oreal China announced that it will promote green parcels to all the Group's brands in China in 2020, and will join hands with Alibaba Group and China Environmental Protection Foundation to upgrade the project again, and launch the "Green Parcel Graffiti Collection Order" for consumers to share Create action
.

The event called on young people to express their aspirations for a better tomorrow and attitude towards green life through graffiti and slogans on the package with the theme of "Green Package, Better Life", transforming the package from a green and environmentally friendly material carrier to a mobile green consumption communication medium
.

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