Going green is not just the prerogative of good governments, good business practice means investing in the future. L’Oréal, the global cosmetics giant plans to become “carbon balanced” by 2020 by offsetting greenhouse gas emissions from its operations. Jean-Paul Agon, Chairman and CEO of L’Oréal, said, “this renewed commitment shows L’Oréal’s will to taking part in the fight against climate change.”