Personal care brand L'Oréal SA is going beyond packaging in a sustainability program it's calling "L'Oréal for the future." Rather than just talking about making more recyclable packaging or eliminating plastics (although it does say 100 percent of its packaging will be from recycled or bio-based sources by 2030), the company says that by 2025 it will use 100 percent renewable energy at its sites.
The French supplier of soaps, shampoos, makeup and other items said it's about respecting the planet's "boundaries."
"It is no longer enough for companies to reduce their environmental impact with objectives that are 'self-set,'" the company states in introducing its new objectives. "At L'Oréal, our commitment is to ensure that our activities are respectful of the so-called 'Planetary Boundaries,' meaning what the planet can withstand, as defined by environmental science."
Also by 2030, the company said it will reduce greenhouse gas emissions by 50 percent for its finished products.
L'Oréal said it has set aside 150 million euros ($167.2 million) to address "urgent social and environmental issues."