L'Oreal Announces Carbon Balanced Plans For 2020

L'Oreal announced its goal of becoming carbon balanced by 2020. Made in the presence of the French president's special envoy for the protection of the planet, Nicolas Hulot, the announcement highlights the company's sustainable sourcing projects. As part of the campaign, the company aims to produce carbon gains that would offset the amount of greenhouse gas emissions from its operations. According to L'Oreal, since 2005, it has managed to lower its CO₂ emissions by 50 percent in absolute terms, while increasing its production by 22 percent, during the same period.