Climate Policy Engagement Analysis
Climate Policy Engagement Overview: L'Oréal appears to be broadly supportive of climate policy in its top-line messaging, albeit with some exceptions. The company has consistently supported the UN Global Plastics Treaty, and has taken a mix of positions on the energy transition.
Top-line Messaging on Climate Policy: L'Oréal appears broadly supportive of climate action but supports the need for regulation, however with some exceptions. In a September 2023 news release, the company recognized the need for urgent action to combat climate change. L'Oréal appeared to support achieving the goals of the Paris Agreement in its May 2024 Climate Transition Plan. However, the company’s CEO signed the Antwerp Declaration in February 2024, which emphasized the risks of deindustrialization and carbon leakage and took unclear positions on the EU goal of climate neutrality by 2050. In the same declaration, L'Oréal appeared unsupportive of EU Green Deal policies, advocating for an EU Industrial Deal which entails revising existing legislation and avoiding implementing detailed regulation.
Engagement with Climate-Related Policies: L'Oréal has limited but positive engagement with climate-related policies. In its 2023 CDP Climate Change Disclosure the company stated support for the UN Global Plastics Treaty, but took unclear positions on other circular economy legislation, stating broad support for Extended Producer Responsibility policies and support with minor exceptions for packaging legislation in the EU. L'Oréal consistently stated strong support for the UN Global Plastics Treaty in 2023-25, for example in joint statements from April, August and October 2024 in which the company advocated for policymakers to increase the ambition of government regulation on circular economy policy, and for the Treaty to include legally binding instruments covering the entire life-cycle of plastics.
L'Oréal appeared supportive of the EU 2030 GHG target in its Climate Transition Plan, published in May 2024. In its 2024 Universal Registration Document, published in March 2025, the company appeared to support protecting carbon sinks and reservoirs within its own operations but did not take a position on the need for related policy.
Positioning on Energy Transition: L'Oréal takes a mix of positions on the energy transition in the US and EU. In the US, the company strongly supported the Environmental Protection Agency’s proposed power plant rules and advocated for more ambitious standards to address coal and gas plant GHG emissions in joint comments submitted in August 2023. In the EU in February 2024, the CEO of L'Oréal, Nicolas Hieronimus, signed the Antwerp Declaration which broadly supported government intervention to aid the energy transition, however with vague positions on the means and timelines to achieve this transition in line with scientific recommendations. The declaration advocated to expand the scope of the Net Zero Industry Act and for more funding for ‘clean’ technology with no further detail provided as to what this includes. It supported scaling up low carbon, renewable and nuclear energy in the EU but unclear whether in line with IPCC timelines. Finally, the declaration stated support for CCU, but its position on the long-term role of fossil fuels is unclear, as are the conditions under which CCU would apply.
Industry Association Governance: L'Oréal disclosed a partial list of its industry association memberships but excluded more than 3 industry associations which are actively engaged on climate policy such as National Business Association of Colombia (ANDI), the European Union Chamber of Commerce in China (EUCCC), and the European Round Table for Industry (ERT). The company has not published a review of its alignment with its industry associations or an overview of its association's engagement with climate policies.
InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q2 2025.