Link August 2017 AUGUST 2017 | Page 39

Retail L’Oréal accelerates while reducing carbon emissions L’Oréal plans to gain a billion new consumers by 2020. The company also plans to reduce its global carbon footprint by 60% over the same period. The common denominator for achieving both results is strong methodology. A leading market position L’Oréal holds a dominant position in terms of global market share for its beauty products. It is present in 130 countries on five continents with a portfolio of 32 brands. To speed efficiency, in 2016 the company moved from a distributor model of business to a retail model, bringing all logistics factors under central management: from development to manufacturing to the inbound supply chain, packaging, labelling and the outbound supply chain. August 2017 39