L'Oréal Hong Kong Wins Prestigious Gold Award at the Hong Kong Awards for Environmental Excellence

Company Recognised for Outstanding Sustainability Achievements in the"Shops and Retailers"Sector

HONG KONG,Jan. 13, 2025/PRNewswire/ -- L'OréalHong Kongreceived the Gold Award in the"Shops and Retailers"sector at the annual Hong Kong Awards for Environmental Excellence (HKAEE). This esteemed award, organised by the Hong Kong Environmental Campaign Committee in collaboration with the Environment and Ecology Bureau and major chambers of commerce, highlights the company's exceptional achievements in sustainability under its"L'Oréal For the Future"commitment.

As the beauty market leader inHong Kong, L'Oréal has been accelerating sustainable transformation across its entire value chain, from product innovation, sourcing, transportation to retail and consumption.

Eva Yu, President and Managing Director of L'OréalHong Kong, expressed her gratitude for the recognition,"We are deeply honoured to receive the Gold Award at the Hong Kong Awards for Environmental Excellence. This is a testament to our unwavering commitment to sustainability. As the market leader, it is our responsibility to not only provide the best in beauty, but also lead in meaningful actions to protect the environment and contribute to the community we serve."

The assessment of HKAEE award covered stringent criteria from green leadership, sustainability programs and performance, to partnerships. L'OréalHong Kongwas recognised for the following sustainability achievements in the past year:

• Green Office: L'OréalHong Kong'soffice is LEED Platinum certified, uses 100% renewable energy, and has been reducing energy consumption year on year with different energy efficiency features.
  
  
  
  
• Green Operations:All local packaging of L'Oréal products is plastic-free and all disposals from warehouse are recycled. The company also aims to minimise CO2 emissions in transportation by using sea and rail shipment as well as electric vehicle in local transport.
  
  
  
  
• Green Retail:100% of new stores under L'OréalHong Kongare eco-designed. The stores use sustainably sourced and certified materials, as well as reusable and recyclable materials.
  
  
  
  
• Green Consumption:Through joint efforts by L'OréalHong Kong's17 brands, and its partnership with Watsons stores across the city, over 600,000 empty beauty bottles have already been collected from consumers for recycling. To further reduce packaging waste, the company is introducing more refillable beauty products to theHong Kongmarket. Refillable products use less packaging, thus providing more sustainable options for environmentally conscious consumers.

L'OréalHong Kongcontinues to lead the beauty industry in sustainability efforts, proving that environmental responsibility and business success can go hand in hand.

For high-res photos, please see it here.

About L'Oréal

For 115 years, L'Oréal, the world's leading beauty player, has devoted itself to one thing only: fulfilling the beauty aspirations of consumers around the world. Our purpose, to create the beauty that moves the world, defines our approach to beauty as essential, inclusive, ethical, generous and committed to social and environmental sustainability. With our broad portfolio of 37 international brands and ambitious sustainability commitments in our L'Oréal for the Future programme, we offer each and every person around the world the best in terms of quality, efficacy, safety, sincerity and responsibility, while celebrating beauty in its infinite plurality. With more than 90,000 committed employees, a balanced geographical footprint and sales across all distribution networks (e-commerce, mass market, department stores, pharmacies, perfumeries, hair salons, branded and travel retail), in 2023 the Group generated sales amounting to41.18 billion euros. With 20 research centers across 11 countries around the world and a dedicated Research and Innovation team of over 4,000 scientists and 6,400 Digital talents, L'Oréal is focused on inventing the future of beauty and becoming a Beauty Tech powerhouse. More information onhttps://www.loreal.com/en/mediaroom

About L'Oréal For the Future

"L'Oréal For the Future"is L'Oréal's global sustainability programme that outlines the company's vision and commitments for 2030. The initiative focuses on transforming L'Oréal's operations to respect planetary boundaries by addressing key environmental challenges. Commitments include achieving 100% renewable energy for all operated sites by 2025, ensuring that by 2030 all water used in industrial processes will be recycled and reused, and that 100% of biobased ingredients for formulas and packaging materials will be traceable and sourced sustainably, with none linked to deforestation. L'Oréal also aims to reduce greenhouse gas emissions across all scopes by 50% per finished product by 2030.

For more information on"L'Oréal For the Future,"please visit: www.loreal.com/en/commitments-and-responsibilities/for-the-planet/    

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SOURCE L'OréalHong Kong