L’Oréal has reached carbon neutral in the North Asian market — a milestone for the company, which has set a goal of turning all of its sites across the globe carbon neutral by 2025.
The North Asia zone comprises of five key markets, including Japan, South Korea, Hong Kong, Taiwan, and Mainland China. All of the sites in these geographies have implemented various measures to reach the goal.
For example, sites in Mainland China and South Korea are now relying on onsite renewable energy generating facilities. Meanwhile, those in Japan and Taiwan use renewable electrical boilers and have power purchasing agreements in place with local authorities, FashionUnited reported.
“From today, in North Asia, each L’Oréal product is produced and stored in plants and warehouses that are carbon neutral,” said Pankaj Gupta, senior vice president of L’Oréal North Asia and China Operations.
“Going forward, we will further collaborate with our stakeholders to reduce CO2 emissions along the entire industry value chain through product innovation and consumer empowerment programs, transportation upgrading and collaboration with strategic suppliers,” he added.
The company’s carbon neutral status was reportedly announced by Fabrice Megarbane, who serves as North Asia president and CEO of L’Oréal China, at the 2022 L’Oréal North Asia and China Indirect Sourcing Supplier Day in Shanghai.