Cosmetic Monitoring

L'Oréal recently unveiled its first Palm Oil Progress report highlighting the latest results and innovations implemented for 100% responsible sourcing of palm oil and palm oil derivatives. L'Oréal uses less than 400 tons of palm oil per year but purchases derivatives in a quantity equivalent to 60,000 tons of palm oil. L'Oréal's consumption remains low, representing 0.1% of worldwide palm production. “Nevertheless the Group wants to be among the most responsible companies in the…