Wed, July 14, 2010
Business > Industries > L'Oreal Group CEO Jean-Paul Agon Visits China

L'Oreal launching its first country –specific sustainability report

2010-07-09 02:58:12 GMT2010-07-09 10:58:12 (Beijing Time)

L'Oreal China Research & Innovation Center Inauguration Ceremony:(from left)Paolo GASPARRINI,President of L'Oreal China;Thierry Mathou,General Consul of France in Shanghai;Huang Guoping,Deputy Director of Management Committee of Jinqiao Development Zone,Pudong new district;Jean-Paul AGON,CEO of L'Oreal Global;Xu Guang,Vice Secretary General of China Environmental Protection Foundation;Zhang Hao,Deputy General Manager of Shanghai Jinqiao (Group) Co., Ltd.;Jochen ZAUMSEIL,Managing Director of Asia

Keynote speech at L'Oreal China SD Report Launch Ceremony by Jean Paul Agon, CEO of L'Oreal Group

Speech at L'Oreal China Research & Innovation Center Inauguration Ceremony by Mr.Jean Paul Agon, CEO of L'Oreal Group

L'Oreal executive management group presents L'Oreal China SD Report to officers of Chinese Government:(from left)Huang Guoping,Deputy Director of Management Committee of Jinqiao Development Zone,Pudong new district;Jochen ZAUMSEIL,Managing Director of Asia - Pacific, L'Oreal Group;Chen Zhengxing,General Secretary of Shanghai Municipal Government (former);Jean-Paul AGON,CEO of L'Oreal Group

L'Oreal China Achieves Reductions in Unit Product Energy Consumption, Water Consumption and Waste Emissions by 5.26%, 36% and 15% Respectively

New Research and Innovation Center in Pudong, Shanghai Granted LEED International Golden Certification

[July 7th 2010,Shanghai] The L'Oreal Group, the largest cosmetics corporation in the world, today officially issued its first country- specific report on sustainable development in China - 2009 L'Oreal China Sustainability Report. To coincide with this, an inauguration ceremony was celebrated for the L'Oreal Research and Innovation Center in Pudong, Shanghai, which has been awarded the internationally-authorized LEED Golden certification.

The Guests to the ceremony included Mr. Jean-Paul Agon, L'Oreal Group CEO; Paolo Gasparrini, President of L'Oreal China; Mr. Francis Quinn, L'Oreal Group Director of Sustainable Development; Wang Shenghong, Former Vice Chairman of Shanghai City’s Political Consultative Conference and Honorary President of Fudan University; Mr. Chen Zhengxing, Former Vice Chairman of Shanghai City's Political Consultative and Conference General Secretary of Shanghai Municipal Government ; Wang Liyan, Professor of Guanghua School of Management of Peking University; Xu Guang, Deputy Secretary-General of the China Environmental Protection Foundation; Yin Gefei, Vice President of the China WTO Tribune; Zhang Hao, Deputy General Manager of Shanghai Pudong New Area Jinqiao Group and other opinion leaders and guests from institutions such as the Shanghai Municipal Bureau of Quality Supervision, Bureau of Food and Drug Administration and Cosmetics Standardization Commission.

Mr. Jean-Paul Agon, CEO of L'Oreal Group, said at the event that L'Oreal has made consistent efforts for the cause of beauty in the past century and realized numerous outstanding achievements. ”From a small company with a single hair-dye product to grow as the largest cosmetics group in the world, the sustainable value has played a dominant role in our success. We have extended the spirit of pursuing excellence and sustainable development in such a dynamic and fast growing cosmetic market in China. By publishing the first specialized and localized sustainability report in China, we will show our confidence and commitment to the China market. We believe with the sustainability vision and driving forward the sustained innovation, L'Oreal will better meet diversified beauty needs in whichever market we enter.''

The 2009 L'Oreal China Sustainability Report is the first country-specific report for L'Oreal Group. This report delivers a full picture of L'Oreal’s sustainable achievements and commitments made in 2009 from the aspects of performance development, scientific research and innovation, corporate social responsibility and information transparency.

L'Oreal’s dependence on the environment and consumption of resources have been significantly reduced, despite a very rapid growth in sales for the company in China over the past nine consecutive years. Statistics from L'Oreal China showed that in 2009, for each finished product, water consumption has decreased by 36%, and energy consumption was reduced by 5.26%, compared to the figures for 2007. Its waste recycling and utilization rate has reached 99%, and furthermore, L'Oreal China employees have spent a total of around 14,475 hours participating in environmental, health and safety training. In the process of ensuring its own development, L'Oreal has not forgotten its employees and social responsibilities- the company's Chinese employees have received on average of 41 hours of training per person;and the company shared 16.9 million yuan of profits with them also. The company's external public welfare donations amounted to 7.69 million yuan, up by more than 14% compared to 2008.

Mr. Paolo Gasparrini, President of L'Oreal China presented a solemn promise, “a high degree of corporate social responsibility has contributed to an outstanding performance by L'Oreal China. From original innovation to green products, security procedures to environment protection, we will continue to integrate sustainable development concepts throughout our business development model. By 2015, on the basis of what the company had achieved in 2005, L'Oreal China will achieve its goal of reducing total greenhouse gas emissions by 50%, reducing 50% water consumption of the unit finished products and a reduction of 50% of waste generated from the unit finished product; meaning thus that our environmental performance will be further enhanced.

The newly completed Shanghai Pudong R&I Center is a major achievement in sustainable development practice in China and also an incarnation of implementing the corporate social responsibility. The L'Oréal Pudong R&I Centre recently achieved the LEED (the U.S. Pioneer Award for Energy and Environmental Design) Gold Certification. (LEED is considered the best and most influential assessment criteria in the world among the environmental assessment of various types of construction, green building assessment and building sustainability assessment standards), issued by the U.S. Green Building Council. During its design and construction, full consideration was given to the project's energy-saving and environmental protection efforts in order to minimize the impact on the natural environment; wherein, 22% of building materials are recyclable materials with 100% FSC certified wood, combined with the use of more environmentally friendly energy-saving technology, saving 24% of energy and 40% of water, compared with traditional building practices. L'Oreal's endless number of patents each year and new products are derived from their R&I centers around the world, where L'Oreal's reconstructed skin regenerative tissue research is well under way.

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