LOreal

Personal Products
OR.PA
€ 316 (3.7)%
Share price
$ 177 bn
Market Cap
$ 181 bn
Enterprise Value

Carbon footprint

0.21 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2021
How is this calculated?
-31%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-25%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

LOreal aims to achieve carbon neutrality for Scope 1 + 2 by 2025


This target has not been verified as science based according to SBTi
LOreal's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-5.8%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2022
How is this calculated?

LOreal aims to reduce all Scopes by 25% by 2030 from a base year 2016


This target has not been verified as science based according to SBTi
LOreal's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

LOreal's GHG emissions (market-based) (Kt of CO2e)
LOreal's Carbon intensity (Tons per 1 USDm)

LOreal's carbon footprint

LOreal reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 38 Kt (-17 /-31.2% y-o-y). Also positively, carbon intensity was down at 1 t (-0.7 /-41.2% y-o-y).

LOreal's Scope 3 emissions increased to 12,488 Kt (+1,319/+12% y-o-y). There has been no consistent trend in recent years.

The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2025, which translates into the estimated reduction of -9.6 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing all Scopes by 25% by 2030 from a base year 2016, which translates into the estimated reduction of -725 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

LOreal aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2025. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

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