In view of the climate emergency, L'Oréal has strengthened its strategy so as to actively contribute to a sustainable future. Using an evidence-based approach and by involving its entire organisation, the Group is aiming to step up the pace of its climate transformation to a low-carbon economy.
In 2023, L'Oréal revised its climate transition plan, setting new net zero targets that were validated by the SBTi and which are in line with the recommendations of the Intergovernmental Panel on Climate Change (IPCC(1)) to limit global warming to 1.5°C. These decarbonisation targets were not changed during the strategic review of the L'Oréal for the Future programme in 2025 and are reflected in the key ambitions for 2030. The Group aims to:
Building on the double materiality assessment carried out for the Sustainability Report, L'Oréal has used the Task Force on Climate-Related Financial Disclosures (TCFD) methodology as a basis for identifying the major climate issues. The Group strives to provide consistent and reliable information, allowing investors to take account of climate change-related financial risks while anticipating their potential impacts so as to ensure its long-term resilience.
In-depth analysis of the financial impacts of climate change, together with the environmental challenges, has enabled the Group to identify the key risks and opportunities for 2030 and 2050(3), based on:
