L'Oréal Announces Its New Sustainability Commitment for 2020 "Sharing Beauty With All"

Clichy, France (ots/PRNewswire) -

Jean-Paul Agon, Chairman and CEO of L'Oreal, announced today the
new commitment L'Oreal has made to transform by 2020 the
sustainability footprint of the company while achieving its business
ambition.

(Photo: http://photos.prnewswire.com/prnh/20131023/648091-INFO )

Achieving growth sustainably

L'Oreal's ambition is to win 1 billion new consumers by means of
its universalization strategy which aims to answer all the diverse
beauty needs of men and women around the world. Part of the Group's
growth strategy is its commitment to produce more but with less
impact and to engage consumers, who are at the heart of its business,
to make sustainable choices by offering them products that are both
sustainable and desirable. In order to achieve this, L'Oreal commits
to improving every part of its value chain, from research to
operations, while sharing its growth with the communities it touches
through "Sharing Beauty With All".

Jean-Paul Agon, said: "L'Oreal has a strong legacy in
sustainability and a thorough ambition for the future. We are proud
to announce "Sharing Beauty With All", our sustainability commitment
for 2020. We believe consumers are at the heart of our sustainability
drive and we want to reach the next billion consumers while making a
positive impact on the world. By accelerating sustainable innovation
within our business, and harnessing the power of our brands to inform
consumers, we will raise awareness about sustainability and encourage
consumers to make more sustainable choices."

These commitments are the result of 2 years of exchange with
various stakeholders throughout the world. L'Oreal will report
regularly on its progress against each goal with the help of a panel
of independent assessors, chaired by Jose Maria Figueres, an
authority in the world of sustainability, and consisting of
international experts*.

"Sharing Beauty With All" is a commitment in four areas:

1. Innovating sustainably - By 2020, we will innovate so that 100%
of products have an environmental or social benefit.

Every time we invent or update a product, we will improve its
environmental or social profile against at least one of the following
criteria:

- The new formula reduces the environmental footprint.
- The new formula uses renewable raw materials that are sustainably sourced or
raw materials derived from green chemistry.
- The new packaging has an improved environmental profile.
- The new product has a positive social impact.

2. Producing sustainably - By 2020, we will reduce our
environmental footprint by 60 % whilst bringing beauty to one billion
new consumers.

- We will reduce CO2 emissions at our plants and distribution centers by 60 % in
absolute terms, from a 2005 baseline.
- We will reduce our water consumption by 60% per finished product unit, from a 2005
baseline.
- We will reduce waste by 60% per finished product unit, from a 2005 baseline.
- We will send zero waste to landfill.
- We will reduce our CO2 emissions from transportation of products by 20 % per finished
product unit from a 2011 baseline.

3. Living sustainably - By 2020, we will empower every L'Oreal
consumer to make sustainable consumption choices while enhancing the
beauty of the planet.

- We will use a product assessment tool to evaluate the environmental and social
profile of 100% of new products and all brands will make this information available to
allow consumers to make sustainable lifestyle choices.
- All L'Oreal brands will assess where they have the biggest environmental and social
impact, and make commitments to improve their footprint. Every brand will report on
its progress and raise awareness among consumers about sustainable lifestyle choices.
- Our consumers will be able to influence our sustainability actions through our
consumer sustainability panel.

4. Developing sustainably

a. Employees: By 2020, L'Oreal employees will have access to
health care, social protection and training, wherever they are in the
world.

- We will provide health coverage for employees, which is aligned with the best
practice of the country they are based in.
- We will provide financial protection for all employees if unexpected life events such
as incapacity or permanent disability, occur.
- Every L'Oreal employee will have access to at least one training per year wherever
they are in the world.

b. Suppliers: By 2020, 100% of our strategic suppliers will be
participating in our supplier sustainability program.

- All strategic suppliers will be evaluated and selected on social and environmental
performance.
- All strategic suppliers will have completed a self-assessment of their sustainability
policy with our support.
- All suppliers will have access to L'Oreal training tools to improve their
sustainability policies.
- 20% of strategic suppliers will be associated with our solidarity sourcing program.

c. Communities: By 2020, we will enable more than 100,000 people
from underprivileged communities, equivalent to the size of our
global workforce, to access work.

We will achieve our goal through programmes in the following
areas:

- Solidarity sourcing
- Inclusive distribution
- Beauty professionalization
- Mentoring and community education
- Employment of disabled people and under-represented socio-ethnic groups

*Our panel of international experts:

- Sze Ping, Chinese environmentalist, former Greenpeace activist, Executive
Director of Greenovation Hub.
- Mehjabeen Abidi-Habib, Pakistani researcher in human ecology, specialist of
natural resources management.
- HRH Celenhle Dlamini, South African, one of the Directors of Ubuntu Institute
working on the achievement of the UN Millennium Development Goals.
- Zem Joaquin, American, eco-luxury specialist and founder of " eco-fabulous "
website aiming to make sustainability desirable.
- Analisa Balares, American, Founder and CEO of Womensphere[TM], developing
media tools, online communities, and an award to inspire and support women willing to
make a difference.
- Christian de Boisredon, French, promoting the concept of "impact journalism"
through Sparknews, in order to give visibility to positive initiatives throughout the
world.

To know more about "Sharing Beauty With All" and L'Oreal's past
achievements in sustainability:
http://www.loreal.com/sharingbeautywithall

About L'Oreal

L'Oreal, the world's leading beauty company, has devoted itself to
all forms of beauty in the world for over 100 years and has built a
unique portfolio of 28 international, diverse and complementary
brands.With sales amounting to 22.5 billion euros in 2012, L'Oreal
employs 72,600 people worldwide. In 2013, the Ethisphere Institute, a
leading international think-tank for business ethics, corporate
social responsibility and sustainability, recognized L'Oreal as one
of the World's Most Ethical Companies. This is the fourth time that
L'Oreal has received this distinction. http://www.loreal.com

Press contact:

Carolyn GIANG | Tel: +33-(0)1-47-56-8788 |
Carolyn.Giang@loreal.com

Photo:
http://photos.prnewswire.com/prnh/20131023/648091-INFO

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