Financial News
Written by: Kwong Yueting
2020-11-26 16:04
Last update date: 2020-11-26 16:04
L'Oréal announced its global sustainability commitment. The group promises that by 2030, all packaging plastics used in products will be recycled or bioplastics, and the total greenhouse gas emissions of each product produced will be reduced by 50% compared with 2016.
In 2025, all workplaces in the world will increase energy efficiency and use all renewable energy sources to achieve carbon neutrality.
Yu Baozhen, President and Managing Director of L'Oréal Hong Kong, expressed that as a leader in the beauty industry, she hopes to become a model in the industry.
The company will continue to cooperate with non-profit organization partners and other stakeholders to jointly promote the environmental development of the Hong Kong beauty industry.
This year, L'Oréal Hong Kong has replaced all plastic fillers, adhesive tapes and wrapping films with non-plastic environmentally friendly materials or paper in the delivery process; the company’s existing product packaging recycling program will be extended to more brands and Stores, and launches new consumer education activities on recycling and sustainable development concepts.
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L'Oréal Retail Market