Chief Sustainability Officer
Stock Exchange and Ticker
Received a score of 85 out of 100, one of the world’s highest Environmental, Social & Governance (ESG) ratings, by S&P
- Lancome USA – refillable strategy
- L’Oréal Finance : 2021 Annual Results
- Lancôme Reveals New Global Sustainability Program | Beauty Packaging
- L’Oréal recognized by S&P for outstanding sustainability performance
- Gender Pay Gap Review 2020
- Top 143 Lancome Reviews
Lancome Sustainability Report
Evaluation of Lancome
The business launched its sustainability initiative at the last minute and without publishing a sustainability report. This has caused its sustainability index score to decline from C (2020 Index) to D (2022 Index). Even though they posted some details about their program’s pillars on their website, as well as some data such as their supply chain information, the full picture about supply chain and consumption is not publicly available. Therefore, data from the parent company was examined to get a general idea of Lancome’s supply chain. Safeguarding biodiversity, promoting sustainable consumption, and empowering women are the primary elements of focus of Lancôme’s new global sustainability program, “Caring Together for a Happier Tomorrow”. However, this program is a part of L’Oréal’s, the parent company of Lancôme. According to the program, all significant raw materials used by L’Oréal and Lancôme by 2030 will be sourced ethically and sustainably.
There has been a coherent effort since 2018 into reducing the packaging and improving the recyclable materials used in the packaging of the cosmetics, as well as in establishing a benchmark for refillable luxury products.
The fact that we hardly ever see any action regarding reducing GHG emissions or any specific target about it, however, is a major mistake. Additionally, there is evidence that suggests they greenwash on the internet, particularly in regard to human rights. The business should make moves to quickly meet its goals and work toward obtaining some reputable certifications.
Lancome Company Activity
Lancome is a luxury french fragrance and cosmetic brand under the parent company L’Oréal. Created in 1935 by Guillaume d’Ornano, Lancome’s first fragrance was presented at the World’s Fair in Brussels. Then in 1964, L’Oréal acquired Lancome and continued to grow the brand.
Lancome has partnered with renowned actresses and brand ambassadors such as Kate Winslet, Emma Watson, Drew Barrymore, Zendaya, and Julia Roberts. The brand is also advertised in top high end luxury publications like French fashion and luxury lifestyle magazine Vogue and Harper’s Bazaar.
Lancome is one of five subsidiaries under L’Oréal; the other cosmetics brands include Maybelline, NYX Cosmetics, Garnier, Matrix Essentials. L’Oréal produces a range of products in its portfolio from professional products to “L’Oréal Luxe” to consumer products and active cosmetics.
Lancome Sustainability Activity - As per company declarations
Lancôme is accelerating their global transformation by tackling issues such as protecting biodiversity, supporting vulnerable women around the world with education, and empowering their customers to make more sustainable consumption choices and become actors of change. They also state on their page, that their main sustainability goal is to reach 50% refillable or rechargeable products by 2025. As of December 2022, they state to have reduced plastic almost fully in the coffrets (cosmetics box cases), and plastic fully in the packaging, as well as grown several lines of refillable cosmetics (perfumes, creams, makeup) where the refills can be purchased across most stores of the brand. There are two more years to go to hopefully reach the 50% goal.
Certificate & Labels, Standards and Frameworks
- Fair Trade
- Fair for Life
- RSPO (Roundtable on Sustainable Palm Oil)
- Caring Together for a Happier Tomorrow
Lancome in the news: Press Reviews and Social Media
Over 10 million empty bottles have been collected and recycled as part of Lancôme’s “Empty Bottle Recycling Program.” The environmentally friendly initiative of the cosmetics company supports China’s goal of cutting carbon emissions. Customers will receive 200 points for every full-size empty bottle they recycle, up to a maximum of 1,000 points per month.
Lancôme has made every effort to incorporate environmental protection practices into customers’ daily lives. The cosmetics company wants to pioneer the sustainable beauty movement and safeguard biodiversity for future generations through its recycling program.
Lancôme is a renowned French company with a global following, so they have experience with new fragrance launches. Three female perfumers collaborated to develop Idôle, a truly multifaceted scent that is an ode to the women of today’s society. Forget about the old, fragile, overly intricate bottles. Idôle, which is modeled after the mobile phone, is completely portable, easy to handle, and intuitive to use thanks to its distinctive bottle design and ideal proportions.
Its tactile appeal is only increased by a concave “halo” at its centre. With 200 refill stations located in a few stores across the UK and Ireland, all bottles are refillable. The importance of ingredients sourced sustainably is highlighted by Lancôme.
Highlights from Lancome Sustainability Report
- %99 of the roses used in skincare and makeup are organic
- Since 2018, thanks to the Absolue recharge capsules, they have already avoided using 250 tons of glass
Weaknesses and Setbacks
- They do not have an own, transparent ESG report
- Leading to lack of clear and trackable progress in their sustainability goals
Targets vs Progress Reported
|Reaching 30% recycled glass in their total volumes||They have 10% recycled glass in the total volumes today|
|By 2025, all Lancome best-selling fragrances will refillable||Since 2019, Idole is refillable at dedicated refilling fountains|
|All the best-selling skincare products will be rechargeable||Since 2018, Absolute Soft Cream is rechargeable via a reload capsule system|
|Spare the use of material resources (316 tons of glass, 251 tons of PET/Cellophane) by the help of eco-designed & lightweighted packagings||No progress reported|
|90% reduction in the quantity of plastic in their coffrets by 2022||No progress reported|
|Remove cellophane from the skincare packagings by 2023||No progress reported|