L'Oréal Achieves 100% Renewable Energy in SAPMENA Zone

Published on:
by KnowESG
KnowESG_L'Oréal Achieves 100- Renewable Energy in SAPMENA Zone
This achievement comes two years earlier than the stipulated target, and the company says it won't stop here. LOREAL
  • The fashion giant shows that sustainability can align with business growth.

  • They pledge to continue in the same way, including transforming their entire business model and involving all stakeholders in the process.

L'Oréal Groupe, a French multinational personal care corporation, has achieved 100% renewable energy in 23 sites in the South Asia Pacific, Middle East, and North Africa (SAPMENA) region, two years earlier than its 2025 target.

The facilities include factories, distribution centres, a research & innovation centre and administrative offices, highlighting the fashion brand's responsibility to the planet.

The SAPMENA region, home to 40% of the world's population, is bearing the brunt of climate change. This achievement shows that sustainable practices can very well align with business growth.

To usher in sustainability, the company has used various energy sources, such as solar power, hydro dams, and electric/biomass boilers. Plus, its factories were adapted to local conditions. For example, its Indonesia factory uses hydropower from nearby dams, and in India, facilities rely on hydro, solar, and wind energy.

Read more: What is CSR? Corporate Social Responsibility Meaning, Types, and Benefits

Vismay Sharma, President of (SAPMENA) said: “As the world’s leading beauty player, it is critical that we embed sustainable practices into our core operations as we grow. Reaching 100% renewable energy is significant, and I’m very proud of my team’s efforts to accelerate and meet this commitment ahead of our 2025 timeline. We’re not stopping here, it is one step of many in our sustainability journey and our commitments extend far beyond.”

The company has vowed to do more to reduce energy use and emissions and improve logistics. By 2030, it aims to help consumers lower their product emissions by 25% compared to 2016. Other goals include cutting greenhouse gas emissions by 25% by 2030 and getting to net zero by 2050.

To this end, the company focuses on three main areas: internal sustainability transition, engaging consumers, suppliers, and communities, and setting aside €150 million for social and environmental initiatives.

Follow KnowESG's Company News for regular news and views.

Discover an extensive network of ESG providers here

Check out KnowESG's latest ESG Course updates

Source: L'Oréal

Share:
esg
esg
esg
esg

Companies Headlines

Tata Motors Launches Advanced Vehicle Recycling Facility in India

Tata Motors Launches Advanced Vehicle Recycling Facility in India

India Leading in AI-Driven Sustainability, Says IBM Report

India Leading in AI-Driven Sustainability, Says IBM Report

Normative Acquires Eivee to Strengthen Carbon Accounting

Amcor, Kolon Industries Partner for Recyclable Packaging Materials

Breitling Partners with Capgemini, Salesforce to Automate Carbon Accounting

Tide Launches Carbon calculator to Aid SMEs in Net Zero Goals

Enagás, Heidelberg to Develop CO2 Capture Projects in Spain

Samsung to Measure Carbon Emissions from Connected Devices

Researchers at Salford University Develop Carbon Calculator

Lafarge Africa Inaugurates Sustainable Fuel Platform in Nigeria