THE L’ORÉAL NORTH ASIA ZONE REACHES CARBON NEUTRALITY AT ALL SITES

SHANGHAI, July 22, 2022 /PRNewswire/ — The L’Oréal Group’s North Asia Zone is the first of the company’s zones in the world to achieve carbon neutrality across all sites, factories, distribution centers, offices and research and development centers. innovation operated in five geographic markets in mainland China, Japan, South Korea, hong kong and Taiwan. This achievement marks an important milestone in the company’s efforts to combat the pressing threat of climate change.

“With the United Nations warning that every country, city, organization should adopt net zero plans – the call to action saw L’Oréal Zone North Asia rise to the challenge and show true leadership. As a company, we recognized the seriousness of the global environmental crisis more than 20 years ago and began reducing our environmental footprint in our manufacturing plants and distribution centers in 2009. With the launch of our commitment ambition for sustainable development in 2020 – L’Oréal for the future – which stipulates that all Oréal sites worldwide must achieve carbon neutrality by 2025, the North Asia Zone has accelerated its efforts to achieve its goals, which we are immensely proud of.” declared Mr. Fabrice Megarbane, President of L’Oréal North Asia and CEO of L’Oréal China.

Mr. Megarbane announced the news to 2022 L’Oreal North Asia & China Indirect Sourcing Supplier Day in Shanghaiwhere the company brought together approximately 100 strategic suppliers and key stakeholders to discuss collective efforts and solutions on CO2 reduction of emissions.

L’Oréal North Asia Zone has achieved several firsts on the company’s CO2 emissions reduction roadmap. Mainland China was the first market in the world to achieve carbon neutrality for all L’Oréal sites in 2019. Now, with the Japan market achieving carbon neutrality for its sites in July 2022L’Oreal North Asia became the first area of ​​the L’Oréal Group to achieve carbon neutrality for all sites operated by L’Oréal.

In North AsiaL’Oréal has implemented dynamic actions and various strategic approaches on the various sites which have contributed to the objective of carbon neutrality for each of them.

On-site renewable energy generation

In Mainland China and South KoreaCO2 Reducing emissions through the installation of on-site renewable energy generation facilities has been an important contribution to the overall effort. At L’Oréal’s BeautyCos factory in Suzhou, on-site solar panels generate 1.2M kWh of electricity every year since 2015. Similarly, the solar panels installed on the roof of L’Oréal’s distribution center in Suzhou have supplied 100% of its 4. 4M needs in kWh of electricity since 2019.

On-site installations adopting various renewable energy solutions

L’Oréal’s BeautyCos factory is a showcase of how various sustainable energy solutions work together to achieve CO2 emission reduction targets. In addition to its solar power generation system, a combined heat and power (CHP) system has been built on site to use biogas to produce steam, electricity and heat with high yield. The biogas is generated by a biomass energy project in the Suzhou Industrial Park, which uses kitchen and landscaping waste as raw materials for energy production. By combining the production of solar energy, the installation of a cogeneration system and the supply of renewable electricity nearby, BeautyCos achieved carbon neutrality in 2019.

Local renewable energy supply in five markets

In addition to having on-site facilities producing renewable energy, L’Oréal’s sites in North Asia researched the best way to source local renewable energy.

In mainland China, the L’Oréal plant in Yichang Tianmei achieved carbon neutrality with 100% hydropower in 2018. Other L’Oréal China offices and campuses have adopted solutions to drastically reduce their CO2 emissions through partnerships with a renewable energy project in Jiangsu Province.

L’Oréal Korea started participating in the Korea RE100 system (a global renewable energy initiative) in 2021 and received renewable energy certification from Korea Electric Power Corporation (KEPCO) for the energy used in all its offices and distribution centers.

In its Japanese plant in Gotemba, L’Oréal has installed new electric boilers using renewable electricity. L’Oreal Japan achieved its carbon neutrality objectives by participating in the Green Power and Heat Certificates initiative for its research and innovation center, offices and factory. The initiative sponsors renewable energy generation facilities validated by local authorities that encompass areas such as wind, biomass, hydropower and solar power plants.

L’Oreal Taiwan is the first company in the market to channel its renewable energy efforts through power purchase agreements with local authorities and the owner of the commercial building where it operates. This allowed the organization to achieve its carbon neutral status at the end of 2021.

Similarly, the L’Oréal Hong Kong site achieved carbon neutrality in 2020 with the implementation of energy efficiency measures, the installation of LED lighting to reduce energy consumption and the local supply of renewable electricity for his office.

Mr. Pankaj GuptaSVP of L’Oreal North Asia and China Operations, said, “As of today, in North Asia, every L’Oréal product is manufactured and stored in carbon-neutral factories and warehouses. Going forward, we will continue to work with our stakeholders to reduce CO emissions.2 emissions across the industry value chain through product innovation and consumer empowerment programs, transportation modernization, and collaboration with strategic suppliers.

The L’Oréal Group has set itself long-term objectives of reducing all its greenhouse gas emissions by 25% by 2030 in absolute value compared to 2016, and aims to achieve zero emissions by 2050. These goals were set in accordance with the Science Based Goals, which aim to limit global warming to 1.5°C, as recommended by climatologists, as set by the Paris Agreement.

About L’Oreal

For more than 110 years, L’Oréal, the world’s leading beauty company, has been dedicated to one thing only: meeting the beauty aspirations of consumers around the world. Our purpose, to create beauty that moves the world, defines our approach to beauty as inclusive, ethical, generous and committed to social and environmental sustainability. With our broad portfolio of 35 international brands and ambitious sustainability commitments in our “L’Oréal for the Future” program, we offer everyone in the world the best in terms of quality, efficiency, safety, of sincerity and responsibility, while celebrating beauty in its infinite plurality.

With 85,400 committed employees, a balanced geographical presence and sales across all distribution networks (e-commerce, mass distribution, department stores, pharmacies, hair salons, brands and travel retail), the Group achieved in 2021 a turnover of €32.28 billion. With 20 research centers in 11 countries around the world and a team dedicated to Research and Innovation of more than 4,000 scientists and 3,000 technology professionals, L’Oréal is committed to inventing the future of beauty and to become a Beauty Tech powerhouse. More information on https://www.loreal.com/fr/mediaroom

About L’Oréal North Asia Zone

The L’Oréal North Asia Zone was created in 2021 when the L’Oréal Group consolidated the geographical scope of its zones to give greater consistency to consumer behavior and create synergy within the region. The North Asia zone comprises five geographically and culturally connected markets of mainland China, Japan, South Korea, hong kong and Taiwan.

L’Oréal’s North Asia Zone is the Group’s second largest region, accounting for 30.5% of the Group’s global sales in 2021. Located in the most beauty-intensive region with more than a third of global consumers of beauty products, L’Oreal North Asia is shaping the future of beauty with its innovation centers in Shanghai, Tokyo and Seoul, while investing in the transformation of beauty tech as one of the world’s three beauty tech hubs. Here, our mission is to strategize, create and activate a powerful ecosystem around the North Asian Beauty Triangle as a competitive advantage to trigger sustainable growth for all and inspire the world.

Media contact:

Linda YAN / [email protected]

L'Oréal Hong Kong Office has been using 100% local renewable energy since 2020
L’Oréal Hong Kong Office has been using 100% local renewable energy since 2020

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