L'Oréal Group receives global recognition for sustainability practices

Green Forum
L'Oréal Group has received global recognition for its DEI&I (Diversity, Equity, Inclusion, and Integrity), ethical, and sustainability practices.

As a global leader in the beauty segment, L'Oréal Group has risen to ninth place in the 2024 edition of the Equileap Report and Ranking on Gender Equality. To achieve this, Equileap, an independent entity specializing in DEI parameters, evaluated 3,795 publicly traded companies from 27 global markets based on carefully defined criteria.

This year marks the 15th consecutive time that L'Oréal Group has been recognized as one of the World's Most Ethical Companies® for 2024 by Ethisphere, a global leader in defining and promoting ethical business practices. L'Oréal is one of three awarded companies in the Health & Beauty industry. In 2024, 136 awardees from 20 countries and 44 industries received Ethisphere recognition. The evaluation of the world's most ethical companies is based on the Ethics Quotient®, an extensive questionnaire that asks companies to provide over 240 pieces of evidence regarding ethical culture, environmental, social, and governance (ESG) practices, ethics, and compliance programs, DEI initiatives, as well as initiatives supporting a strong value chain.

Additionally, earlier this year, L'Oréal Group announced that it is one of the companies that received an A score for the eighth consecutive year for sustainability practices, being included by the Carbon Disclosure Project (CDP), a non-profit environmental organization, on the list of companies excelling in transparency regarding environmental impact and demonstrating remarkable performance in addressing climate change, protecting forests, and ensuring water security. L'Oréal is one of the 10 companies to achieve a triple "A" score in 2023 – out of over 21,000 analyzed companies, being the only company to achieve an "A" rating for eight consecutive years in all three environmental themes evaluated by CDP. The CDP scoring process is widely recognized as the gold standard for corporate environmental transparency.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Microsoft hits 100% renewable energy target five years early
Energy

Microsoft hits 100% renewable energy target five years early

Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.

Real estate

How is EU real estate navigating the CSRD changes? Take our survey

The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.

Energy

Waldevar Energy builds utility-scale PV parks in Romania

Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.

Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

READ MORE
Green Forum  |  19 February, 2026 at 10:24 AM
Green Forum  |  5 February, 2026 at 11:47 PM