LOreal

Personal Products
OR.PA
€ 447 (1.1)%
Share price
$ 259 bn
Market Cap
$ 264 bn
Enterprise Value

Carbon footprint

0.1 Ton
GHG emissions per $ 1 mln investment
0x the weighted average for S&P 500
FY2022
How is this calculated?
-35%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

-33%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -9.3% weighted average for S&P 500
FY2023
How is this calculated?

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


1.5°C
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)
Stronger than the -1.4% weighted average for S&P 500
FY2023
How is this calculated?

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


1.5°C
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 2022 at 25 Kt (-13 /-34.5% y-o-y). Also positively, carbon intensity declined to 0.6 t (-0.4 /-40% y-o-y).

LOreal's Scope 3 emissions was down at 11,245 Kt (-1,243 /-10% y-o-y). The decline accelerated compared to the CAGR of -1.2% since 4Q'18.

The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2025, which translates into the estimated reduction of -8.4 Kt per annum over the period of FY2023 - FY2025. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to reducing all Scopes by 25% by 2030 from a base year 2016, which translates into the estimated reduction of -659 Kt per annum over the period of FY2023 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

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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