Cosmetics giant L’Oréal has announced it is going to develop new systems to support sustainable production. It is partnering with waste and water management company SUEZ to advance the circular economy and reduce emissions.
The pair have agreed, in a memorandum of understanding, to boost the amount of waste collected from L’Oréal sites for reuse and to implement water and waste management systems that allow more of its locations to become carbon neutral.
“For a long time now, L’Oréal has been committed to reducing its environmental impacts with renowned performance on a global scale. In 2016, the CDP awarded us a triple A rating for our water management, carbon impact and work to tackle deforestation. This partnership with SUEZ will enable us to take our work even further by using the best technology and innovative solutions to make our environmental performance even better. We are convinced that, through this partnership, SUEZ will provide their dedicated experience to help us achieve this goal,” explains Barbara Lavernos, Executive Vice-President Operations at L’Oréal.
While the initial collaboration is for three years it is expected to continue longer term as the companies plan to spearhead a resource revolution by promoting the circular economy and developing ‘factory of the future’ infrastructures.
Jean Louis Chaussade, CEO of SUEZ, added: “Through this global partnership with L’Oréal, SUEZ confirms its leadership in resource management for industry, one of our group’s strategic growth drivers. We will do our utmost to help L’Oréal achieve its goals for sustainable development and the circular economy.”