2008 Executive Summary

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ENVIRONMENT Reducing our environmental impact and use of natural resources When it comes to environmental performance, L’Oréal aims for excellence. More than 20 years ago, the group set the goal of reducing its environmental impact by encouraging eco-efficiency and limiting the absolute level of its emissions. GLOBAL WARMING In 2008, L’Oréal signed the Bali agreement on global warming and conducted studies on all its CO 2 emissions, enabling it to reduce its emissions by 3.3% (1) per finished product, and overall by 6.6% (1) . Measures were also taken to limit travel by employees, encourage environmentally friendly modes of transport and optimise logistics. ENERGY L’Oréal has introduced a programme designed to boost the efficiency of its energy consumption, limit CO 2 emissions into the atmosphere, and make substantial savings in operating costs. The measures taken include: the use of alternative energy and non-polluting energy sources (solar water heating, installation of high-performance The Mexico City (Mexico) distribution centre. 22 lighting, purchase of more efficient boilers, optimisation of compressor systems, etc.). Between 2003 and 2008, these efforts led to energy savings of 17% per finished or handled product, with an overall reduction of 1.7% in energy consumption for an 18.4% increase in production. WATER L’Oréal is striving to rationalise its water consumption. Industrial plants are implementing a range of measures: sterilising with steam rather than hot water, recycling some wash water from the manufacturing tanks, using rainwater for gardens and green areas, and constantly raising employee awareness. As a result of these efforts, water consumption was reduced by 3.8% per finished manufactured product in 2008. The Libramont plant (Belgium). WASTE The programmes introduced by L’Oréal to cut waste cover not only packaging used by the group’s suppliers but also packaging which ends up with its retailers and customers. Nearly half the production and distribution sites have achieved the zero landfill target, and aggregate recycling, energy recovery and re-use rates have now reached around 95% worldwide. In 2008, total transportable waste (apart from returnable packaging) was lowered by 0.5% per finished product. (1) Including both direct CO 2 emissions from on-site fossil fuel use (scope 1) and indirect CO 2 emissions from electricity use (scope 2).
PHILANTHROPY L’Oréal’s philanthropic mission: education, science, solidarity The goal of the group’s philanthropic mission is to implement exemplary, adaptable programmes internationally and develop initiatives that can take root in the local environment. In its first year of existence, the L’Oréal Corporate Foundation has involved itself in new projects in three areas: encouraging education, promoting science and helping vulnerable people. EXTENDING THE GROUP’S MAJOR PHILANTHROPIC PROGRAMMES L’ORÉAL-UNESCO “For Women in Science” Awards 2008 marked a further step forward with the signing, on March 6th, 2008, of the “For Women in Science” charter of commitment aimed at promoting science, supporting the cause of women and changing the face of science. Already 52 awards, 120 international fellowships and 499 national fellowships have been handed out. “Hairdressers against AIDS” Launched in 2005 by L’Oréal in partnership with Unesco, the international “Hairdressers against AIDS” education and prevention programme is taught in 163 L’Oréal training centres as well as hairdressing schools and salons in 24 countries. Three thousand instructors are involved on a daily basis. Now also distributed via the Internet, the programme is in constant expansion. The Foundation is eager to strengthen this initiative, to raise awareness of the risks of the disease as widely as possible. Dr François Foussadier, the founder of “Opération Sourire”, with a team of surgeons on a mission in Cambodia. Ceremony marking 10 years of the L’ORÉAL-UNESCO “For Women in Science” Awards. HELPING VULNERABLE PEOPLE The Foundation is committed to the international “Look Good… Feel Better” programme that organises skincare and make-up workshops to help women with cancer lessen the side effects of treatment. It is working with Médecins du Monde to support “Opération Sourire”, a programme that restores through surgery faces disfigured by war, malnutrition or disease, helping adults and children to overcome their disadvantage and become part of society again. In 2008, over 250 people were able to benefit in Cambodia, Madagascar, Mongolia and Niger. The Foundation gave support to Samusocial for the creation of the “Maison des Femmes”, a shelter where particularly vulnerable women can rebuild their lives. In 2008, it provided residents with the support of a socially-trained beauty therapist. It also offers beauty care workshops with a social dimension at the “Maison de Solenn” to help young anorexic women regain their self-confidence. 23
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2008 Executive Summary

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