Climate Change Data

Environmental Metrics

ESG Focus Areas

• Human Rights
• Labor Practices
• Environment
• Anti-Corruption

Environmental Achievements

• Reduced relative GHG emissions (tCO2e/€m Sales) by 27% since 2010
• Reduced absolute GHG emissions by 36% since 2010
• Used 120 tonnes of Post-Consumer Recycled (PCR) plastic in product packaging in 2018
• Reduced water use in factories per produced volume by 21% since 2015
• Reduced electricity use in factories per produced volume by 13% since 2015

Social Achievements

• Teamed up with LinkedIn Learning to increase on-demand learning capabilities, averaging 5 hours of training per employee
• Performance management reviews conducted for 94% of employees

Governance Achievements

• 62% of senior management at significant locations of operation are hired from the local community

Climate Goals & Targets

Environmental Challenges

• Inaccuracies in 2017 data on electricity consumption and business travel requiring recalculation
• One event in Ukraine in 2018 resulted in increased lost workdays
• Goal of training the full Global Management Team on human rights was not achieved in 2018

Mitigation Strategies

• Improved data reporting and detection of accidents from 2017 to 2018
• Implementing a packaging data system to improve reporting on packaging materials by weight
• Selected departments and individuals received training in relevant human rights aspects

Supply Chain Management

Supplier Audits: 46% of new suppliers in Asia were audited in 2018

Responsible Procurement

• Supplier assessment of sustainability management levels for new suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards (2016 version)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Opportunity for Brand Partners
• Respect for Nature
• Passion for People

Environmental Achievements

• Reduced Scope 1 and 2 GHG emissions by 22% vs 2019.
• Reduced Scope 3 GHG emissions per unit sold by 24% vs 2019.
• 99% of product packaging and catalogue paper from credibly certified sources or recycled materials.
• 84% Mass Balance certified palm oil and palm kernel oil derivatives in raw materials portfolio.

Social Achievements

• Achieved gender balance target in global management team (45% women, 55% men).
• 84% of Brand Partners consider Oriflame a trustworthy brand.
• 84% of Brand Partners consider Oriflame a good opportunity to earn additional income.
• 74% of Brand Partners consider Oriflame has helped improve their business and sales skills.
• 76% of Brand Partners consider Oriflame has helped improve their self-esteem and confidence.

Governance Achievements

• Ranked 7th out of 101 global companies in the "Household products" category by Sustainalytics.
• Continued practice of having a Remuneration Committee and an Audit Committee despite delisting.

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic impacting social selling model and recruitment.
• Weak performance in China.
• Higher input costs and overall cost inflation.
• War in Ukraine affecting business operations and priorities.

Mitigation Strategies

• Stronger recruitment and activation initiatives.
• More activity-driven product segments.
• Renewed focus on social gatherings and conferences.
• Increased usage of digital sales tools (eCatalogue).
• Cost structure adjustments and improved cost efficiency.
• Price adjustments in line with inflation.
• Focus on deleveraging.
• Ensuring personal safety and providing support to employees and Brand Partners in Ukraine.
• Drastically restricted business in Russia.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Ingredients from endangered sources are never used; products are not tested on animals.

Climate-Related Risks & Opportunities

Physical Risks

• Natural hazards and disasters

Transition Risks

• Changes in environmental regulations

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Science Based Targets initiative

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Financial Times and Statista Climate Leader
• Sustainalytics ESG Industry Top Rated Company

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Responsibility
• Ethical Sourcing
• Climate Action
• Responsible Packaging

Environmental Achievements

• 95% of rinse-off products launched in 2023 were formulated to be biodegradable.
• Used more than 500 tonnes of recycled plastic and glass in product packaging, avoiding 358 tCO2e of emissions.
• Reduced absolute greenhouse gas emissions by 76% in the last decade.
• Sourced 100% renewable electricity since 2018 for all manufacturing sites, warehouses, and offices.
• Developed lighter packaging for several products, reducing waste and climate impact (e.g., 48% lighter Dream Cream packaging).

Social Achievements

• Distributed €197 million in bonuses and recognition to Brand Partners globally.
• Thousands of Brand Partners participated in the Wellness Club Coach e-learning program.
• Oriflame India awarded The Economic Times “Best Organisations for Women” 2023 Award.
• Women represent 60% of the global workforce and are well-represented in top management.

Governance Achievements

• Sustainability assessments for first-tier suppliers (through audits or EcoVadis).

Climate Goals & Targets

Environmental Challenges

• Sourcing concerns for certain ingredients (palm oil, mica).

Mitigation Strategies

• Partnerships with RSPO and RMI to promote responsible sourcing.

Supply Chain Management

Supplier Audits: Aim for all first-tier suppliers to undergo sustainability assessments.

Responsible Procurement

• Partnerships with RSPO and RMI.

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Novage+ Bio Activating Skincare range
• Duologi biodegradable hair care
• Venture male fragrances with natural oils and recycled glass bottles
• Tender Care balm with upcycled apple-seed oil
• Refill pouches for Duologi shampoos and Essence&Co. hand soap

Awards & Recognition

• Financial Times and Statista Climate Leader in Europe (3 years running)
• Oriflame India: The Economic Times “Best Organisations for Women” 2023 Award