Radar 6/7 Carbon reduction
L’Oréal proves that reducing carbon emissions is worth it
L’Oréal has been named the household products sector leader for its practices and achievements in the management of carbon emissions.
The company’s accolade was the result of the implementation of a variety of renew- able energy strategies to halve its CO2
emissions, on an absolute basis between 2005-2015. Non-profit
Climate-Counts,
organisation, who
rates corporations on their efforts
towards mitigating climate change,
reviewed and ranked L’Oréal for its continued invest- ment in generating green energy and reducing its environmental impact.
L’Oréal is currently operating
with four US-based solar installations, which it estimates, in 2013, will see them among the top 10 companies with the greatest solar capacity in the US. Executive managing director of Environment, Health and Safety at L’Oréal, Miguel Castellanos, said: “Having reduced our own GHG emissions by 37.1% since 2005, we have credibly demon- strated our commitment to addressing the problem“. In addition to imple- menting
strategies
to reduce the emis- sions of it operations, L’Oréal has invited more than 150 of its top suppliers to participate in the Carbon Disclosure Project’s Supply Chain Programme. L’Oréal’s supply chain contributes an estimated 28% of the CO2
impacts
within the product’s lifecycle.
“When the finan-
cial crisis hit, it was as if the climate dis- cussion fell into a coma,” said director of Climate Counts, Mike Bellamente. “Now we’re seeing major consumer brands calling climate change by name and meeting aggressive targets to slash emissions—all while turning a profit and growing their business,” he added.
Water reduction
Coca-Cola and Sainsbury’s set pace on water reduction
Four major organisations have become the first to achieve the world’s first inter- national standard for water reduction. The standard, launched this month by the Carbon Trust, aims to galvanise busi- ness action on measuring, managing and reducing water use.
Sainsbury’s, Coca-Cola Enterprises, Sunlight and Branston, have become the first four organisations to be awarded the standard.
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