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In 2024, L'Oreal completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
L'Oreal has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofL'Oreal amounted to227,050metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of L'Orealdecreased by 1.3%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of L'Oreal were 49,691 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, L'Oreal's Scope 1 emissions have decreased by 43.6%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), L'Oreal's Scope 1 emissions decreased by 13.48%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, L'Oreal reported Scope 2 greenhouse gas (GHG) emissions of 23,325 tCOâ‚‚e using the market-based method and 177,359 tCOâ‚‚e using the location-based method.a
Since 2019, L'Oreal's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that L'Oreal's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year(2023), L'Oreal's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that L'Oreal's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, L'Oreal reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, L'Oreal reported 7,187,462 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of L'Oreal includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, L'Oreal reported total Scope 3 emissions of 7,187,462 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 91.67%of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.33%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, L'Oreal's Scope 3 emissionshave remained relatively stable, indicating that L'Oreal's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), L'Oreal's Scope 3 emissions remained relatively stable, indicating that L'Oreal's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, L'Oreal reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to L'Oreal's Scope 3 emissions were:a
In 2024, L'Oreal reported Scope 1 greenhouse gas (GHG) emissions of 49,691 tCOâ‚‚e and total revenues of USD 45,252 millions. This translates into an emissions intensity of 1.1 tCOâ‚‚e per millions USD.a
In 2024, L'Oreal reported a Scope 1 emissions intensity of 1.1 tCOâ‚‚e per millions USD. Compared to the peer group median of 8.93, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, L'Oreal ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places L'Oreal among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, L'Oreal reported a total carbon footprint of 7,414,512 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.09% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to L'Oreal's total carbon footprint was Scope 3 emissions, accounting for 96.94% of the company's total carbon footprint, followed by Scope 2 emissions at 2.39%.a