A better future for everyone Energy Portal of Serbia

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How does scientific research contribute to the all-round, balanced and sustainable development of the planet? What is the importance of basic sciences in solving the universal problems of nutrition, health, education, energy and climate?

The answers to these and many other questions were given by renowned world scientists who gathered in Belgrade during the fourth World Conference on Basic Sciences and Sustainable Development. At the suggestion of the World Academy of Sciences and Arts, the conference is being held in our capital, as part of the International Year of Basic Sciences for Sustainable Development, which is being celebrated all over the world throughout the year 2022. The example of the company shows that the business sector can and should be part of the solution to the challenges the world is facing today L’Oreal, which took part in the conference at the invitation of the organizers.

Young female scientists from Serbia on the international stage

In the official part of the conference program, nine young female scientists from Serbia, scholarship holders of the national program L’Oreal – UNESCO “For Women in Science” (L’Oreal – UNESCO For Women in Science) presented their scientific research for which they were awarded this prestigious scholarship.

Their works bring insights into how artificial intelligence can contribute to medical diagnostics, how natural products can become an alternative to available drugs, what the batteries of the future generation will look like, what the latest research in the field of population genetics, diagnostics and treatment of numerous invasive diseases brings, etc.

Since 2010, L’Oreal Balkan, the National Commission for Cooperation with UNESCO and the Ministry of Education, Science and Technological Development in Serbia have been awarding outstanding women researchers who, with their commitment, achievements and vision, contribute to the progress of science and society. The national scholarships “For Women in Science” are a form of support for their further professional development and an incentive to continue doing science in Serbia.

More than 600 young scientists have participated in this initiative in Serbia over the past twelve years, and the best have been awarded 32 scholarships, totaling almost 20 million dinars.

L’Oreal for the Future – an example of business transformation in accordance with the concept of “growth limits”

On the margins of the conference, as part of an exhibition dedicated to the goals and results that the L’Oreal company implements as part of its sustainability policy, the global program L’Oreal for the Future established in 2020 was presented, within which the company defined strategic goals until 2030. These goals represent a more radical transformation and look at what a company’s vision, purpose and responsibility should be, to meet the challenges the world is facing.

The transformation that the company is implementing globally is an example of how business should respect the concept of “growth limits” based on science and scientific research.

Among the clear goals to which L’Oreal has committed are:

1. Transformation of own activities in order to respect the limits of the planet by limiting the impact on climate, water, biodiversity and natural resources.

2. Empowering the business ecosystem by helping it transition to a more sustainable world.

3. Contribution to solving world challenges by supporting urgent social and environmental needs.

Specifically, we are talking about the following goals:

– By 2025, all L’Oreal locations will achieve carbon neutrality by improving energy efficiency and using 100 percent renewable energy

– By 2030, the company will implement innovations to enable consumers to reduce CO2 emissions resulting from the use of products by 25 percent compared to 2016, on average and per finished product.

– By 2030, 100 percent of the water used in industrial processes will be recycled and reused in the “loop”

– By 2030, 100 percent of bio-based ingredients for formulas and packaging materials will be traceable and come from sustainable sources. None of them will be associated with deforestation.

– By 2030, 95 percent of the ingredients in the formula will be biologically based, obtained from minerals that are abundant on the planet or from circular economic processes.

– By 2030, 100 percent of the plastic used in our packaging will be either from recycled or natural sources.

– By 2030, 100 percent of the waste generated at the company’s business locations will be recycled or reused.

– By 2030, three million people will benefit from the social engagement program of brands from the L’Oreal portfolio.

– By 2030, another 100,000 people from vulnerable communities will gain access to employment.

– By 2030, the company will invest 50 million euros to support highly vulnerable women.

Source: L’Oreal

Source: Energy Portal of Serbia by www.energetskiportal.rs.

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