L'Oréal - 2018 Registration Document

3 L’Oréal’s corporate social, environmental and societal responsibility PERFOR MANCE INDICATORS AND RESULTS

CO 2

SCOPES 1 AND 2 OF INDUSTRIAL SITES

CO 2 SCOPE 2 OF ADMINISTRATIVE SITES AND RESEARCH CENTERS (THOUSANDS OF TONNES EQUIVALENT) (1)

(THOUSANDS OF TONNES EQUIVALENT) (1)

25.2

30.1

16.0

25.7

25.9

8.9 5

2018

2016

2017

2018

2016

2017

; The Statutory Auditors have expressed a reasonable assurance with regard to this indicator.

CO 2

SCOPES 1 AND 2 OF ADMINISTRATIVE SITES

CO 2

SCOPES 1 AND 2 OF INDUSTRIAL SITES

AND RESEARCH CENTERS

(THOUSANDS OF TONNES EQUIVALENT) (1)

-18%

-77%

2016

2018

2005

2018

(in absolute terms: tonnes of CO 2

at constant scope,

as per the GHG Protocol)

(in absolute terms: tonnes of CO 2

at constant scope,

as per the GHG Protocol)

2020 TARGETS

-60%

THE CARBON BALANCED PROJECT: TOWARDS A LOW-CARBON COMP ANY BY THE END OF 2020 In view of the climate emergency, the Group has pledged to balance its residual CO 2 emissions (Scopes 1 and 2, downstream transportation of its finished products) by the end of 2020, in order to become a “Carbon Balanced” company. This new ambition reinforces L’Oréal’s low carbon strategy, L’Oréal now applying a twofold approach in order to reduce its carbon footprint: 60% Reduction in absolute terms of emissions related 1. to its industrial activities by 2020 compared to 2005, through increasing use of renewable energies and by improving energy efficiency at its industrial sites;

Reaching a balance, by 2020, in the remainder of 2. those emissions by reducing carbon emissions from its sustainable sourcing of raw materials, in partnership with its suppliers. Through this new ambition, L’Oréal wants to avoid carbon emissions in an equivalent quantity to these residual greenhouse gas emissions (approximately 400,000 tonnes of CO 2 per year, in 2014). This innovative programme is being rolled out via various s projects structured around three main areas of focus in line with the methodologies developed by international standards and the Kyoto protocol:

(1)

The Group’s CO 2 Market-based CO 2

emissions are calculated in accordance with the terms defined by the GHG protocol, and monitored in accordance with the

indicator.

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