L’Oreal has a strong legacy in sustainability. Balancing our success as a company with the needs of society as a whole has always been part of the way we do business. In recent years, we have built on that legacy, integrating the principles of sustainable development into our business model and preparing our company to meet today’s social, environmental and economic challenges.
I’m proud of what we have already achieved, but also convinced that we still have a lot to do.
Because we have ambitious plans for the growth of our business, the time is right to take a big leap forward and raise the bar for sustainability throughout the whole L’Oreal Group and across our entire value chain.
With this in mind, we are proud to announce the launch of Sharing Beauty With All, our new sustainability commitment for 2020. It sets out a clear vision of where we want to be in 2020, along with the sustainability targets we need to hit in order to get there. In their scope and ambition, these new targets are a significant step up from the environmental targets we set for 2015.
We believe consumers are at the heart of our sustainability drive. In order to deliver on our commitment, we need to make it easier for consumers to make sustainable choices. By accelerating sustainable innovation within our business, and harnessing the power of our brands to inform consumers, we will raise awareness about sustainability and encourage more sustainable consumption.
Right from the beginning, L’Oreal’s success was built on its close relationship with customers. We want to use our customer influence and insight as a force for good – and reach the next billion consumers while making a positive impact on the world, and sharing our growth with people around us.
Chairman and Chief Executive Officer