L'Oréal

Nicolas Hieronimus promised 14% less CO2 for every product it sells, by 2025, or pay a fine. Delivered: 5% less CO2, not 14%, so L’Oréal paid a fine of about €3 million.

🇫🇷 France · Beauty

L'Oréal0.0Integrity Nicolas Hieronimus

Nicolas HieronimusCEO since 2021, L'OréalPromisedthe carbon behind each product sold−14% by 202522 March 2022

🇫🇷 France · Beauty

L'Oréal−5.3Integrity Nicolas Hieronimus

Nicolas HieronimusCEO since 2021, L'Oréal

Will L'Oréal cut the carbon from what it buys by 28% by 2030?

The new promise28% less CO2 from what it buys, by 2030.

Max Noble Odds: 15% chance he keeps it. The unlikely answer pays more.

Last checked 4 November 2026 · How I check

He promised

In 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.

Nicolas Hieronimus, CEO since 2021, on 22 March 2022.

He got

Plastic: 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.

Stamp: Partly kept.

Why, says the company

L’Oréal says it sold other products than planned, and its suppliers cut their CO2 too slowly.

How bad

Big miss. Two of three promises missed. The fine, about €3 million, is small for a company that earns about €6 billion a year. The CEO’s Integrity Score went from 0.0 to −5.3.

In the company’s own words

L’Oréal says it sold other products than planned, and its suppliers cut their CO2 too slowly. Gas leaking from cooling machines at six sites also broke a limit.

The sources

Last checked 4 November 2026: the sources were opened again and the promise and the stamp still stand. How I check.

Will L'Oréal cut the carbon from what it buys by 28% by 2030? Make your call in The Power Game →