L’Oréal USA Announces Plans to Achieve Carbon Neutrality

On March 1, 2018, L’Oréal USA announced plans to achieve carbon neutrality in 2019 for all 21 of its U.S. manufacturing and distribution facilities. To reach this goal, L’Oréal USA will purchase renewable natural gas (RNG) from a new landfill gas processing facility in Kentucky. Having already achieved 100 percent renewable electricity use for its U.S. facilities, this innovative project addresses the facilities’ natural gas use.

To help offset the higher cost of RNG, L’Oréal USA will sell the RNG into the transportation fuels market for approximately five years. After this time, L’Oréal USA plans to use the RNG directed into the interstate natural gas transmission system to match the natural gas use for all of its U.S. manufacturing and distribution facilities to maintain carbon neutrality. The company plans to purchase carbon offsets from an EPA award-winning RNG site to achieve carbon neutrality until RNG is applied to its own operations.

MJB&A is an advisor to L’Oréal USA. For more details, see L’Oréal USA’s announcement.