| Core elements of due diligence | Sections in the sustainability statement |
|---|---|
| a) Embedding due diligence in governance, strategy and business model | a) Embedding due diligence in governance, strategy and business model Sections in the sustainability statement 4.1.1 Corporate governance: the cornerstone of the Group's transformation |
| b) Engaging with affected stakeholders in all key steps of the due diligence | b) Engaging with affected stakeholders in all key steps of the due diligence Sections in the sustainability statement 4.1.3.2 Importance of continuous stakeholder dialogue |
| c) Identifying and assessing adverse impacts | c) Identifying and assessing adverse impacts Sections in the sustainability statement 4.1.3.1 The Group's double materiality assessment methodology |
| d) Taking actions to address those adverse impacts | d) Taking actions to address those adverse impacts Sections in the sustainability statement 4.1.3.3 Findings of the material topicsFor each material negative impact, the remediation measures are explained in the second section (policy) and the third section (action plans) of the topic in question. |
| e) Tracking the effectiveness of these efforts and communicating | e) Tracking the effectiveness of these efforts and communicating Sections in the sustainability statement 4.1.3.3 Findings of the material topicsThe monitoring of the effectiveness of these efforts is explained in the second section (policy), third section (action plans) and fourth section (quantitative results) of this report. |
|
ESRS |
Disclosure Requirements |
Reference in L'Oréal's sustainability statement |
|---|---|---|
|
ESRS 2 General disclosures |
ESRS 2 General disclosures Disclosure Requirements BP-1: General basis for preparation of the sustainability statements |
ESRS 2 General disclosures Reference in L'Oréal's sustainability statement 4.14.1. Scope of consolidation |
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ESRS BP-2: Disclosures in relation to specific circumstances |
Disclosure Requirements 4.14 Methodological notes |
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ESRS GOV-1: The role of the administrative, management and supervisory bodies |
Disclosure Requirements 4.1.1. The composition and diversity of the undertaking's administrative, management and supervisory bodies |
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ESRS GOV-2: Information provided to and sustainability matters addressed by the undertaking's administrative, management and supervisory bodies |
Disclosure Requirements 4.1.1. The composition and diversity of the undertaking's administrative, management and supervisory bodies |
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ESRS GOV-3: Integration of sustainability-related performance in incentive schemes |
Disclosure Requirements 2.4.1.2.1. Diagram showing the balance between the different components of the target annual remuneration |
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ESRS GOV-4: Statement on due diligence |
Disclosure Requirements 4.15.2 Statement on due diligence |
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ESRS GOV-5: Risk management and internal controls over sustainability reporting |
Disclosure Requirements 3.4. Preparation and processing of sustainability information |
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ESRS SBM-1: Strategy, business model and value chain |
Disclosure Requirements 1.3.1 A value-creating model 1.3.2 Value chain |
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ESRS SBM-2: Interests and views of stakeholders |
Disclosure Requirements 4.1.3.2 Importance of continuous stakeholder dialogue |
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ESRS SBM-3: Material impacts, risks and opportunities and their interaction with strategy and business model |
Disclosure Requirements 4.1.3.3. Findings of the material topics |
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ESRS IRO-1: Description of the process to identify and assess material impacts, risks and opportunities |
Disclosure Requirements 4.1.3.1 Methodology |
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ESRS IRO-2: Disclosure Requirements in ESRS covered by the undertaking's sustainability statement |
Disclosure Requirements 4.15.4 List of data points in cross-cutting and topical standards derived from other EU legislation in application of ESRS 2, Appendix B |
|
| ESRS E1 Climate change | ESRS E1 Climate change
Disclosure Requirements ESRS 2 GOV-3: Integration of sustainability-related performance in incentive schemes |
ESRS E1 Climate change
Reference in L'Oréal's sustainability statement 2.4.1.2.1. Diagram showing the balance between the different components of the target annual remuneration |
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ESRS ESRS 2 IRO-1: Description of the processes to identify and assess material climate-related impacts, risks and opportunities |
Disclosure Requirements 4.2.1 Background |
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ESRS ESRS 2 SBM-3: Material impacts, risks and opportunities and their interaction with strategy and business model |
Disclosure Requirements 4.2.1.1 Material climate-related impacts, risks and opportunities |
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ESRS E1-1: Transition plan for climate change mitigation |
Disclosure Requirements 4.2.3 Climate transition plan |
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ESRS E1-2: Policies related to climate change mitigation and adaptation |
Disclosure Requirements 4.2.3 Climate transition plan 4.2.4 Climate adaptation plan |
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ESRS E1-3: Actions and resources in relation to climate change policies |
Disclosure Requirements 4.2.3 Climate transition plan 4.2.4 Climate adaptation plan |
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ESRS E1-4: Targets related to climate change mitigation and adaptation |
Disclosure Requirements 4.2.5 Climate outcomes |
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ESRS E1-5: Energy consumption and mix |
Disclosure Requirements 4.2.5.2 Outcomes for energy consumption and energy mix (E1-5) |
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ESRS E1-6: Gross Scopes 1, 2, 3 and Total GHG emissions |
Disclosure Requirements 4.2.5.3 Outcome of the greenhouse gas emissions assessment (E1-6) |
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ESRS E1-7: GHG removal and mitigation projects financed through carbon credits |
Disclosure Requirements 4.2.5.4 GHG removals and GHG mitigation projects financed through carbon credits (E1-7) |
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ESRS E1-8: Internal carbon pricing |
Disclosure Requirements Not material for L'Oréal |
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ESRS E1-9: Anticipated financial effects from material physical and transition risks and potential climate-related opportunities |
Disclosure Requirements Phased |
|
| ESRS E2 Pollution | ESRS E2 Pollution
Disclosure Requirements ESRS 2 IRO-1: Description of the processes to identify and assess material impacts, risks and opportunities related to pollution |
ESRS E2 Pollution
Reference in L'Oréal's sustainability statement 4.3.1 Background |
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ESRS E2-1: Pollution-related policies |
Disclosure Requirements 4.3.2 Pollution-related policies |
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ESRS E2-2: Actions and resources related to pollution |
Disclosure Requirements 4.3.3 Action plans in place |
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ESRS E2-3: Targets related to pollution |
Disclosure Requirements 4.3.2.1.4 Treating industrial effluent |
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ESRS E2-4: Pollution of air, water and soil |
Disclosure Requirements 4.3.4 Pollution-related outcomes |
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ESRS E2-5: Substances of concern and substances of very high concern |
Disclosure Requirements 4.3.4 Pollution-related outcomes |
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ESRS E2-6: Anticipated financial effects from pollution-related impacts, risks and opportunities |
Disclosure Requirements Phased |
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| ESRS E3 Water resources | ESRS E3 Water resources
Disclosure Requirements ESRS 2 – IRO-1: Description of the processes to identify and assess material water and marine resources-related impacts, risks and opportunities |
ESRS E3 Water resources
Reference in L'Oréal's sustainability statement 4.4.1 Background |
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ESRS E3-1: Policies related to water and marine resources |
Disclosure Requirements 4.4.2 Water policies |
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ESRS E3-2: Actions and resources related to water and marine resources |
Disclosure Requirements 4.4.3 Action plans in place |
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ESRS E3-3: Targets related to water and marine resources |
Disclosure Requirements 4.4.4.1 L’Oréal for the Future ambitions for water resources |
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ESRS E3-4: Water consumption |
Disclosure Requirements 4.4.4.2 CSRD disclosure requirements relating to water consumption (E3-4) |
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ESRS E3-5: Anticipated financial effects from water and marine resources-related impacts, risks and opportunities |
Disclosure Requirements Phased |
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| ESRS E4 Biodiversity and ecosystems | ESRS E4 Biodiversity and ecosystems
Disclosure Requirements ESRS 2 IRO-1: Description of processes to identify and assess material biodiversity and ecosystem-related impacts, risks and opportunities |
ESRS E4 Biodiversity and ecosystems
Reference in L'Oréal's sustainability statement 4.5.1.1 Material biodiversity-related impacts, risks and opportunities |
|
ESRS ESRS 2 SBM-3: Material impacts, risks and opportunities and their interaction with strategy and business model |
Disclosure Requirements 4.5.1.1 Material biodiversity-related impacts, risks and opportunities |
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ESRS E4-1: Transition plan and consideration of biodiversity and ecosystems in strategy and business model |
Disclosure Requirements N/A |
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ESRS E4-2: Policies related to biodiversity and ecosystems |
Disclosure Requirements 4.5.2 Biodiversity policies |
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ESRS E4-3: Actions and resources related to biodiversity and ecosystems |
Disclosure Requirements 4.5.3 Action plans in place |
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ESRS E4-4: Targets related to biodiversity and ecosystems |
Disclosure Requirements 4.5.4.1 L’Oréal for the Future ambitions for biodiversity |
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ESRS E4-5: Impact metrics related to change in biodiversity and ecosystems |
Disclosure Requirements N/A |
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ESRS E4-6: Anticipated financial effects from biodiversity and ecosystem-related impacts, risks and opportunities |
Disclosure Requirements Phased |
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| ESRS E5 Resource use and circular economy | ESRS E5 Resource use and circular economy
Disclosure Requirements ESRS 2 IRO-1: Description of the processes to identify and assess material resource use and circular economy-related impacts, risks and opportunities |
ESRS E5 Resource use and circular economy
Reference in L'Oréal's sustainability statement 4.1.3.1 The Group's double materiality assessment methodology |
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ESRS E5-1: Policies related to resource use and circular economy |
Disclosure Requirements 4.6.2 Circular economy policies |
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ESRS E5-2: Actions and resources related to resource use and circular economy |
Disclosure Requirements 4.6.3 Action plans in place |
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ESRS E5-3: Targets related to resource use and circular economy |
Disclosure Requirements 4.6.4.1 L’Oréal for the Future ambitions for the circular economy |
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ESRS E5-4: Resource inflows |
Disclosure Requirements 4.6.4.2 Outcomes related to resource inflows (E5-4) |
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ESRS E5-5: Resource outflows |
Disclosure Requirements 4.6.4.3 Outcomes related to resource outflows (E5‑5) |
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ESRS E5-6: Anticipated financial effects from resource use and circular economy-related impacts, risks and opportunities |
Disclosure Requirements Phased |
|
| ESRS S1 Own workforce | ESRS S1 Own workforce
Disclosure Requirements ESRS 2 SBM-2: Interests and views of stakeholders |
ESRS S1 Own workforce
Reference in L'Oréal's sustainability statement 4.1.3.2 Importance of continuous stakeholder dialogue |
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ESRS ESRS 2 SBM-3: Material impacts, risks and opportunities and their interaction with strategy and business model |
Disclosure Requirements 4.1.3.1 The Group's double materiality assessment methodology |
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ESRS S1-1: Policies related to own workforce |
Disclosure Requirements 4.7.2.1 Policies 4.7.3.1 Policies 4.7.4.1 Policies 4.8.2 Personal data protection policy |
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ESRS S1-2: Processes for engaging with own workers and workers' representatives about impacts |
Disclosure Requirements 4.7.2.1.1 HR policy in the area of social dialogue, freedom of association and collective bargaining |
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ESRS S1-3: Processes to remediate negative impacts and channels for own workers to raise concerns |
Disclosure Requirements 4.7.4.1.3 Human rights policy: no violence or harassment in the workplace |
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ESRS S1-4: Taking action on material impacts, and approaches to mitigating material risks and pursuing material opportunities related to affected communities, and effectiveness of those actions and approaches |
Disclosure Requirements 4.7.2.2 Action plans 4.7.3.2 Action plans 4.7.4.2 Action plans 4.8.3 Action plans in place |
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ESRS S1-5: Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities |
Disclosure Requirements 4.7.2.2.3 Ensuring occupational health and safety 4.7.4.2.1 Turning our differences into opportunities |
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ESRS S1-6: Characteristics of the undertaking's employees |
Disclosure Requirements 4.7.5.1 Characteristics of the undertaking's employees (S1-6) |
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ESRS S1-7: Characteristics of non-employee workers in the undertaking's own workforce |
Disclosure Requirements Phased |
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ESRS S1-8: Collective bargaining coverage and social dialogue |
Disclosure Requirements 4.7.5.2 Collective bargaining coverage and social dialogue (S1-8) |
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ESRS S1-9: Diversity metrics |
Disclosure Requirements 4.7.5.3 Diversity metrics (S1-9) |
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ESRS S1-10: Adequate wages |
Disclosure Requirements 4.7.5.4 Adequate wages (S1-10) |
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ESRS S1-11: Social protection |
Disclosure Requirements Not material for L'Oréal |
|
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ESRS S1-12: Persons with disabilities |
Disclosure Requirements 4.7.5.5 Persons with disabilities (S1-12) |
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ESRS S1-13: Training and skills development metrics |
Disclosure Requirements 4.7.5.6 Training and skills development (S1-13) |
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ESRS S1-14: Health and safety metrics |
Disclosure Requirements 4.7.5.7.1 Health and safety metrics required by ESRS S1-14 |
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ESRS S1-15: Work-life balance metrics |
Disclosure Requirements Phased |
|
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ESRS S1-16: Remuneration metrics (pay gap and total remuneration) |
Disclosure Requirements 4.7.5.8 Remuneration metrics (S1-16) |
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ESRS S1-17: Incidents, complaints and severe human rights impacts |
Disclosure Requirements 4.7.5.9 Incidents, complaints and severe human rights impacts (S1-17) |
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| ESRS S2 Workers in the value chain | ESRS S2 Workers in the value chain
Disclosure Requirements ESRS 2 SBM-2: Interests and views of stakeholders |
ESRS S2 Workers in the value chain
Reference in L'Oréal's sustainability statement 4.1.3.2 Importance of continuous stakeholder dialogue |
|
ESRS ESRS 2 SBM-3: Material impacts, risks and opportunities and their interaction with strategy and business model |
Disclosure Requirements 4.9.1.1 Material impacts, risks and opportunities related to respect for human rights in the value chain |
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ESRS S2-1: Policies related to value chain workers |
Disclosure Requirements 4.9.2 Human rights policies |
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ESRS S2-2: Processes for engaging with value chain workers about impacts |
Disclosure Requirements 4.9.3 Action plans in place |
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ESRS S2-3: Processes to remediate negative impacts and channels for value chain workers to raise concerns |
Disclosure Requirements 4.9.3 Action plans in place |
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ESRS S2-4: Taking action on material impacts on value chain workers, and approaches to managing material risks and pursuing material opportunities related to value chain workers, and effectiveness of those actions |
Disclosure Requirements 4.9.3 Action plans in place |
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ESRS S2-5: Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities |
Disclosure Requirements 4.9.4.1 L’Oréal for the Future ambitions for human rights 4.9.4.2 L’Oréal for the Future ambitions beyond the value chain |
|
| ESRS S3 Affected communities | ESRS S3 Affected communities
Disclosure Requirements ESRS 2 SBM-2: Interests and views of stakeholders |
ESRS S3 Affected communities
Reference in L'Oréal's sustainability statement 4.1.3.2 Importance of continuous stakeholder dialogue |
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ESRS ESRS 2 SBM-3: Material impacts, risks and opportunities and their interaction with strategy and business model |
Disclosure Requirements 4.9.1 Background |
|
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ESRS S3-1: Policies related to affected communities |
Disclosure Requirements 4.9.2 Human rights policies |
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ESRS S3-2: Processes for engaging with affected communities about impacts |
Disclosure Requirements 4.9.3 Action plans in place |
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ESRS S3-3: Processes to remediate negative impacts and channels for affected communities to raise concerns |
Disclosure Requirements 4.9.3 Action plans in place |
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ESRS S3-4: Taking action on material impacts on affected communities, and approaches to managing material risks and pursuing material opportunities related to affected communities, and effectiveness of those actions |
Disclosure Requirements 4.9.3 Action plans in place |
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ESRS S3-5: Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities |
Disclosure Requirements 4.9.4.1 L’Oréal for the Future ambitions for human rights 4.9.4.2 L’Oréal for the Future ambitions beyond the value chain |
|
| ESRS S4 Consumers and end-users | ESRS S4 Consumers and end-users
Disclosure Requirements ESRS 2 SBM-2: Interests and views of stakeholders |
ESRS S4 Consumers and end-users
Reference in L'Oréal's sustainability statement 4.1.3.2 Importance of continuous stakeholder dialogue |
|
ESRS ESRS 2 SBM-3: Material impacts, risks and opportunities and their interaction with strategy and business model |
Disclosure Requirements 4.8.1.1 Material impacts, risks and opportunities related to privacy and personal data protection 4.10.1.1 Material impacts, risks and opportunities related to product safety 4.11.1.1 Material impacts, risks and opportunities related to responsible labelling and consumption 4.12.1.1 Material impacts, risks and opportunities related to responsible marketing and advertising |
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ESRS S4-1: Policies related to consumers and end-users |
Disclosure Requirements 4.8.2 Personal data protection policy 4.10.2 Quality and safety policy 4.11.2 Labelling and responsible consumption policy 4.12.2 Responsible marketing and advertising policy |
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ESRS S4-2: Processes for engaging with consumers and end-users about impacts |
Disclosure Requirements 4.8.3 Action plans in place 4.10.3 Action plan in place 4.11.3 Action plans in place 4.12.3 Action plans in place |
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ESRS S4-3: Processes to remediate negative impacts and channels for consumers and end-users to raise concerns |
Disclosure Requirements 4.8.3 Action plans in place 4.10.3 Action plan in place 4.11.3 Action plans in place 4.12.3 Action plans in place |
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ESRS S4-4: Taking action on material impacts on consumers and end-users, and approaches to managing material risks and pursuing material opportunities related to consumers and end-users, and effectiveness of those actions |
Disclosure Requirements 4.8.2 Personal data protection policy 4.10.2 Quality and safety policy 4.11.2 Labelling and responsible consumption policy 4.12.2 Responsible marketing and advertising policy |
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ESRS S4-5: Targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities |
Disclosure Requirements L'Oréal has not set a quantitative target for this topic |
|
| ESRS G1 Business conduct | ESRS G1 Business conduct
Disclosure Requirements ESRS 2 IRO-1: Description of the processes to identify and assess material impacts, risks and opportunities |
ESRS G1 Business conduct
Reference in L'Oréal's sustainability statement 4.13.1 Background |
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ESRS G1-1: Business conduct policies and corporate culture |
Disclosure Requirements 4.13.2 Responsible business conduct policies |
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ESRS G1-2: Management of relationships with suppliers |
Disclosure Requirements 4.13.2.2 Policy for responsible relationships with suppliers |
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ESRS G1-3: Prevention and detection of corruption and bribery |
Disclosure Requirements Not material for L'Oréal |
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ESRS G1-4: Confirmed incidents of corruption or bribery |
Disclosure Requirements Not material for L'Oréal |
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ESRS G1-5: Political influence and lobbying activities |
Disclosure Requirements Not material for L'Oréal |
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ESRS G1-6: Payment practices |
Disclosure Requirements 4.13.4 Outcomes related to payment practices (G1‑6) |
