Entities or sites sold or closed during the financial year are reported in full up to the date they exit the scope.
The list of subsidiaries that do not report certain metrics and for which estimates are made, may differ depending on the nature of the metrics in question. The scope of coverage varies according to the category of metric.
Details of data coverage are given in the tables for each topic.
Sustainability information has been prepared in connection with the application of Article L. 233-28-4 of the French Commercial Code (Code de commerce). The Group made estimates and used certain assumptions that may impact the sustainability information presented. These estimates and assumptions mainly concern the measurement of amounts relating to the value chain (Scope 3). The estimates used by L'Oréal are based on the information available at the date of preparation of the Sustainability Report as detailed in the methodological notes. The following information could not be estimated:
Substances of concern (E2-5): the absence of sector-specific recommendations on data regarding substances of concern related to L'Oréal's activities makes it difficult to publish information comparable with the Company’s peers. L'Oréal will work on gathering this information with a view to publishing it in the future, within the limits of that required by law.
Investments associated with the Scope 3 climate transition plan (E1-3): the Group's climate and environmental ambitions are embedded into its strategic plan and its budget plans by each Group entity. This integrated approach means that material investments associated with the climate transition plan cannot be published in isolation, especially as L'Oréal's low eligibility for the Taxonomy Regulation does not reflect the scale of the Group's transformation in terms of climate and environmental issues. L'Oréal will work on estimating these investments with a view to publishing them in the future.
The absence of a quantified target in the “Outcomes” part of a sub-section of this report indicates that L'Oréal does not define any such target for this topic. It reserves the right to do so at a later date.
