L'Oreal : On Biodiversity Day, find out about L'Oréal's commitments

It is no longer enough for companies to reduce their negative impact with self-determined goals. We are now committed to managing the Group's business in a way that respects 'planetary boundaries', as defined by environmental science. We intend to meet a series of concrete goals for all of our business activities to ensure our impact on the climate, water, biodiversity and natural resources is on a sustainable track.

We also want to involve our ecosystem in this transformation, from our clients to our suppliers and consumers. Everyone has a role to play. To that end, in July 2020, we launched an unprecedented environmental and social impact labelling initiative with Garnier to help consumers make smart, sustainable choices.

Beyond transforming our business model, we also plan to contribute to solving the social and environmental challenges facing the world. To do so, L'Oréal has earmarked 100 million euros for impact investing to regenerate ecosystems and develop the circular economy, and another 50 million euros for a charitable endowment fund to support the most vulnerable women.

Group brands have also ramped up their social and environmental commitments by supporting important causes. For example, Garnier's Green Beauty initiative examines every step in the value chain to reduce its environmental impact. L'Oréal Paris supports the fight against street harassment with the Stand Up bystander intervention programme. Yves Saint Laurent has launched the Abuse Is Not Love campaign to put an end to violence against women, in partnership with the non-profit organisation En Avant Toute(s).

And since beauty for all is only possible when the rights of all are upheld, L'Oréal has long been committed to promoting Human Rights. In 2020, the Group took a new step in this area by publishing the L'Oréal Employee Human Rights Policy, which guarantees the same rights and benefits for all employees.

The Group is more committed than ever to protecting the environment and building a fair society. Alongside its ecosystem, L'Oréal is ready to rise to the challenges of the coming decade.