Cosmetics communicates an idea of lightness, but behind it there is an impressive research and production apparatus: it is a great responsibility, not only ethical but also legal, to put safe products on people’s skin and hair, in addition to the factories to where cosmetics come out, they use large quantities of chemicals and now in this sector, as in all the others, customers (but also many investment funds) want the certainty that everything is produced with the minimum possible environmental impact. So it is not just to observe that L’Oréal is the only company in the world to be recognized and confirmed for the sixth consecutive year the triple A in the three categories climate change, safety of water resources and forests, in the ranking of corporate sustainability. drafted by Cdp, which is not the Cassa Depositi e Prestiti but an international non-profit organization for environmental reporting. 13,000 companies from all over the world have been evaluated this year on the basis of data from Cdp’s 2021 questionnaires and L’Oréal stands out among them all.
The Cdp’s annual environmental reporting and measurement process is considered the “gold standard” of transparency in the area of corporate sustainability. In 2021, more than 590 investors with assets worth more than $ 110 trillion and 200 primary buyers with $ 5.5 trillion in procurement spending required companies to provide data on environmental impacts, risks and opportunities using the CDP platform, which applies an independent methodology to evaluate these companies, assigning an A to D rating that takes into consideration the completeness of the reporting, the sensitivity towards environmental risks and their management, and the adoption of best practices associated with environmental leadership, including the definition of ambitious and meaningful targets.