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L'Oréal has made measurable progress on operational decarbonisation and renewable energy, yet material gaps remain in Scope 3 emissions and packaging circularity. This ESG Compass analysis examines what is working, where risks persist, and what investors should watch next.
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For most companies, the biggest share of emissions comes from their value chain, not their own operations. Scope 3 captures these indirect emissions and is essential for credible climate action and net-zero strategies.
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Understanding Scope 1, Scope 2, and Scope 3 emissions helps organizations identify where their greenhouse gas emissions come from and how to manage climate impact across operations and the value chain.