Nicolas Hieronimus
CEO since 2021, L'Oréal. Every promise checked, with both dates and the source.
What was promised. What was delivered.
L'Oréal · CEO since 2021
PromisedIn 2022 L’Oréal borrowed money and made three promises for 2025: 14% less CO2 for every product sold, green power at all its sites, and half its plastic packaging recycled. Miss one, and it pays the lenders extra · the carbon behind each product sold22 March 2022
Partly keptPlastic: 50%, just made it. Green power: yes, but gas leaked from cooling machines at six sites, so that promise was missed. CO2 per product: down 5%, not 14%. The fine: about €3 million.18 March 2026
The promise: L'Oréal news release, 22 Mar 2022: inaugural €3bn bond including a €1.25bn sustainability-linked tranche, the three targetsThe result: L'Oréal 2025 Universal Registration Document, §4.16 p. 280: results and reasonsThe full card →
4 more settled promises before this leader enters the ranking. Every source was opened before publishing; a reply from the company is added with its date. Right of reply.