We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
L'Oreal Chairman is a Member of ERT
Jean-Paul Agon
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
L'Oreal CEO is a Member of ERT
Jean-Paul Agon
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
L'Oreal CEO is a Member of ERT
Jean-Paul Agon
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
L'Oreal Chairman is a Member of ERT
Jean-Paul Agon
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
L'Oreal CEO is a Member of ERT
Jean-Paul Agon
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
L'Oreal CEO is a Member of ERT
Jean-Paul Agon
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Nihon L'oreal is a collaboration member of JDSA. Scored 4 because it is a supporting member (Japan specific).
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Member
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Nihon L'oreal is a collaboration member of JDSA. Scored 4 because it is a supporting member (Japan specific).
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Member
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Open PDF file of Data Source
Climate Lobbying Overview: L'Oreal appears to be broadly supportive of climate policy, but does not appear to be directly engaging with most climate-related regulations. The company’s recent climate-related engagement appears to be limited to participation in open letters.
Top-line Messaging on Climate Policy: L’Oreal supports government regulation to tackle climate change. In 2020, its CEO Jean-Paul Agon signed an open letter calling for stimulus measures to deliver agreen recovery from Covid-19 ahead of an EU leaders’ meeting on recovery plans. L’Oreal also supports drastic action in line with the scientific advice on climate change, stating support in a 2019 press release for maintaining global temperature rise within 1.5 degrees. The company also opposed the US’ withdrawal from the Paris Agreement in a 2019 ‘United For The Paris Agreement’ joint letter signed by the CEO.
Engagement with Climate-Related Regulations: L’Oreal CEO Jean-Paul Agon signed a joint letter to the European Council in 2020 supporting an increased EU GHG emissions reduction target of 55% by 2030, up from Europe’s previous 40% target. InfluenceMap did not find any other recent evidence of engagement with climate-related regulations.
Positioning on Energy Transition: InfluenceMap did not find recent evidence of any engagement on the energy transition from L’Oreal.
Industry Association Governance: L’Oreal lacks a dedicated, clearly identifiable disclosure of its engagement with industry associations, nor does it publish an audit disclosure of its alignment on climate change policy with its industry associations. However, the company did submit a disclosure of industry association links via CDP in 2020. L’Oreal is a member of two associations that traditionally lobby negatively on climate change policy, including Mouvement des Entreprises de France (MEDEF) and Federation of German Industries (BDI).