L’Oréal has been named one of eight companies to which the Carbon Disclosure Project (CDP) has awarded its ‘A’ grade for product packaging and formulas, with 175 large firms independently assessed on their progress in this area.
For the French cosmetics-maker, this complements being placed on the ‘Water A-List’ by the CDP for its sustainable management of water and a similar achievement in carbon emissions in its supply chains.
In the case of the most recent ‘A’ grade for L’Oréal, its packaging methods were analysed by ’leading peers and experts in corporate deforestation risk management’.
“After recognising L’Oréal's performance in the fight against climate change and then sustainable water management, it is now the quality of our work for the protection of forests that is recognised by the CDP,” said Jean-Paul Agon, L’Oréal’s CEO and chairman.
“L’Oréal's teams, committed on a day-to-day basis all over the world, can be proud of this triple recognition, which encourages us to go further and faster in the transformation of our company towards a more sustainable model.”
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Peter Donnelly. To subscribe to ESM: The European Supermarket Magazine, click here.