EssilorLuxottica
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Carbon Neutrality
- Circularity
- World Sight (access to vision care)
- Inclusion
- Ethics
Environmental Achievements
- Reached carbon neutrality in direct operations in France and Italy
- Shifted from fossil-based to bio-based materials in collaboration with Mazzucchelli 1849
- Launched the first international chair devoted to the circular economy with ESSEC Business School
Social Achievements
- Provided 50 million people in developing communities with access to vision care
- Created 7 million new wearers and trained over 1,600 new vision care entrepreneurs
- Launched Leonardo, an open learning platform for eyewear and eyecare
- Featured on the Financial Times “Diversity Leaders” list
- 67,000 employees in 85 countries hold a financial stake in the company
Governance Achievements
- Created EssilorLuxottica CSR department, reporting directly to the CEO
Climate Goals & Targets
- Embed eco-design in all product developments by 2025
- Carbon neutrality for direct operations in Europe by 2023 and worldwide by 2025
Environmental Challenges
- Climate resilience (natural disasters and regulatory/market changes)
- Carbon neutrality (challenges in reducing emissions across the business)
- Circularity & eco-design (fully integrating sustainability criteria into production)
- Product safety & claims (guaranteeing product safety and accurate claims)
- Attraction and retention of talent (competition for talent and meeting CSR expectations)
- Human rights (working conditions, welfare, H&S, and social dialogue)
- Supplier sustainability (ethical business relationships and compliance)
- Business ethics (CSR regulation compliance)
Mitigation Strategies
- Physical climate risk model and climate resilience review framework
- Carbon neutrality roadmap with actions on energy efficiency, renewable energy, and logistics
- Shift to bio-based materials, eco-design principles, and LCA studies
- Stringent product safety monitoring and validation process for marketing statements
- Global online learning platform (Leonardo), talent development initiatives, and well-being programs
- Internal policies and procedures, health and safety certifications (ISO 45001)
- Supplier audits, code of conduct, and exclusion procedure for non-compliant suppliers
- Policies and procedures for compliance with laws and regulations
Supply Chain Management
Supplier Audits: 165 assessments (eyecare) + 52 audits (eyewear)
Responsible Procurement
- Code of Ethics
- Supplier charter
- EcoVadis self-assessment platform
- Third-party audits (Intertek, BSCI, SGS)
- Exclusion procedure for non-compliant suppliers
Climate-Related Risks & Opportunities
Physical Risks
- Hurricanes, floods, rising temperatures
Transition Risks
- Regulatory changes, market shifts
Reporting Standards
Frameworks Used: GRI Standards, TCFD recommendations, GHG Protocol, GLEC Framework, UN Sustainable Development Goals (SDGs)
Certifications: ISO 14001, ISO 50001, ISO 45001, ISO 13485, LEED, ISCC PLUS
Third-party Assurance: PricewaterhouseCoopers Audit
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 5
- SDG 6
- SDG 7
- SDG 8
- SDG 9
- SDG 10
- SDG 11
- SDG 12
- SDG 13
- SDG 16
- SDG 17
EssilorLuxottica's activities contribute to the achievement of 13 UN SDGs
Sustainable Products & Innovation
- Arnette’s Bio-Acetate collections
- Costa del Mar’s Untangled collection
- Essilor Stellest™ myopia control lenses
- Ready-to-Clip™ glasses
- Emporio Armani “R-EA” collection
- Tory Burch “Recycled Eyewear Collection”
Awards & Recognition
- Financial Times “Diversity Leaders” list
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate Change
- Circularity
- World Sight
- Inclusion
- Ethics
Environmental Achievements
- Reached carbon neutrality in direct operations in France and Italy
- Invested in innovative materials (bio-based acetate, bio-based nylon)
- Launched sustainable eyewear collections (Arnette’s pinnacle, Costa del Mar’s Untangled)
- Improved waste recovery/recycle rate to 57%
Social Achievements
- Launched the OneSight EssilorLuxottica Foundation, the largest foundation driving inclusive vision care access
- Deployed inclusive learning culture through Leonardo platform
- Created Global DE&I function to establish strategy, commitments, and goals on Diversity, Equity and Inclusion
- Delivered 3,207,158 hours of education through Leonardo platform
Governance Achievements
- Established a robust governance model for the Eyes on the Planet program with a CSR Committee
- Included CSR criterion in Executive Corporate Officers’ and over 15,000 employees' annual variable compensation
Climate Goals & Targets
- Eliminate uncorrected poor vision in a generation by 2050
- Embed eco-design in all product developments by 2025
- Achieve carbon neutrality for its direct operations by 2025
Environmental Challenges
- Climate transition risks (supply chain instability, stringent regulations, competing technologies)
- Business interruption due to climate events
- Talent management challenges (integrating cultures, work-life balance, employer branding)
- Health and safety risks due to stricter laws and changing guidelines
- Meeting consumer expectations for sustainable products
- CSR and ethical challenges in global supply chain
- Compliance with business ethics regulations
- Meeting stakeholder expectations on transparency and data accuracy in non-financial communication
Mitigation Strategies
- Developed a Carbon Neutrality roadmap
- Updated physical climate risk model
- Implemented Business Continuity and Disaster Recovery Plans
- Deployed talent development initiatives and retention measures (Leonardo platform, competitive pay, well-being initiatives)
- Implemented internal policies and procedures to improve health and safety
- Shifted from fossil-based materials to bio-based and recycled materials, eco-design principles
- Developed responsible sourcing standards and initiatives, supplier audits
- Established programs (Code of Ethics, anti-bribery, privacy compliance), mandatory education, and internal alert system
Supply Chain Management
Supplier Audits: 105 assessments since 2019 for top 500 suppliers; 70 audits in 2022
Responsible Procurement
- Code of Ethics
- Supplier charter
- Social and environmental audits
- Corrective action plans
Climate-Related Risks & Opportunities
Physical Risks
- Hurricanes
- Floods
- Droughts
- Heat stress
- Sea level rise
- Water risks
Transition Risks
- Policy and regulation changes
- Technology limits
- Market shifts
- Reputational risks
Reporting Standards
Frameworks Used: GRI Standards (version 2016 and version 2021 for Universal Standards), TCFD guidelines, UN Sustainable Development Goals (SDGs), EU Taxonomy Regulation
Certifications: ISO 14001, ISO 45001, ISO 50001, LEED, ISCC
Third-party Assurance: PricewaterhouseCoopers Audit
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 5
- SDG 6
- SDG 7
- SDG 8
- SDG 9
- SDG 10
- SDG 11
- SDG 12
- SDG 13
- SDG 16
- SDG 17
EssilorLuxottica contributes to 13 UN SDGs through its Eyes on the Planet program.
Sustainable Products & Innovation
- Essilor Stellest™ myopia control lenses
- Ready-to-Clip™ glasses
- Eyewear collections using bio-based and recycled materials
Awards & Recognition
- Fortune Change the World List (6th)
- Champion of Good Award (Southeast Asia)
- Brandon Hall Group Gold Award (Africa)
- 2021 Responsible Brand (China)
- 2021 Excellent CSR Project (China)
- 2022 Chief Responsibility Officer (China)
- Financial Times ‘Diversity Leaders list 2023