L’Oréal is convinced that reducing its impacts is necessary, but that is not enough.
The company therefore wishes to go beyond its efforts to reduce its impact on biodiversity across its whole value chain, by contributing to restoring degraded natural ecosystems.
That’s why L’Oréal has created the L’Oréal Fund for Nature Regeneration. This €50 million impact investing fund simultaneously generates financial returns and positive social and environmental impacts, and all this with the aim of supporting projects that restore degraded natural habitats on land and below water.
Managed by the Mirova management consultancy, a subsidiary of Natixis, the L’Oréal Fund for Nature Regeneration’s investment portfolio includes, for example, projects supporting the restoration of degraded soils and the regeneration of mangroves, as well as the restoration of marine and forest zones.
Beyond ecological restoration, these projects contribute to addressing the needs of local communities through the development of sustainable revenue streams (sustainable agriculture and fishing, ecotourism and the commercialisation of carbon credits). It will also support the consolidation of a healthier environment that is more resilient to climate change, and the development of new economic opportunities.
By 2030, the L’Oréal Fund for Nature Regeneration will make it possible to:
- Restore a million hectares of degraded ecosystems
- Capture 15 to 20 million tonnes of CO2
Create hundreds of employment opportunities.