Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Cosmetics companies invest in sustainability, says Organic Monitor

Sustainability has gained much popularity within cosmetic and personal care companies, which are investing as they look to shore up their green credentials. As a consequence, the number of beauty companies appearing in international rankings of the most ethical and greenest corporations has been rising significantly.

The beauty industry has historically received negative media publicity for unethical business practices, however green appears to have become the new black,” says market research firm Organic Monitor in a release.

Actually, seven cosmetic companies [1] were in the recent World’s Most Ethical Companies List by Ethisphere Institute, up from four in 2011, and another assessment study by Corporate Knights named Natura Brasil as the second most sustainable corporation in the world, in particular because of its energy and waste productivity performance.

Sustainability is becoming an integral part of the business of major personal care companies. Procter & Gamble has set ambitious 2020 Sustainability Goals that involve reducing packaging, waste, reliance on synthetic chemicals, and greater use of renewable energy. It rates its suppliers via a sustainability scorecard that helps improve their environmental performance. Unilever has set similar targets via its Sustainability Living Plan, whilst Johnson & Johnson has launched its Healthy Futures 2015 initiative,” explains Organic Monitor.

Many cosmetic companies like Procter & Gamble and L’Oreal are using lifecycle analysis (LCA) tools in order to measure the environmental footprint of their products. However, the complexity of products and the lack of traceability in supply chains may make accurate measurement a difficult task. This key issue is among those that will be debated during the upcoming Sustainable Cosmetics Summit organised by Organic Monitor in New York next month.

V.G.

Footnotes

[1] Colgate-Palmolive Company, Henkel AG, Kao Corporation, Kimberly-Clark Corporation, L’Oréal, Natura Cosmeticos, Shiseido Co.

© 2012 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
MakeUp in newYork hosted more than 3800 visitors, with a growth of 12% of international guests.

MakeUp in New York moves to Javits Center to continue growing

The latest edition of MakeUp in NewYork was a huge success, announced the organisers. Held at the Center415 on 5th Avenue, in Manhattan, on September 11&12, 2019, the two-day B2B event dedicated to the makeup and skincare supply chain welcomed more than 3800 visitors, with a growth of 12% of international guests. Brazil, Canada, (...)

read more
job opportunities
Experts’ views
100% natural and biodegradable film former offers enhanced sun care protection

Brittany Pease
100% natural and biodegradable film former offers enhanced sun care protection

LexFilm Sun Natural MB is a multidimensional film-forming polymer which imparts superior water-resistance to sunscreens in comparison to leading synthetic polymers. This latest innovation addresses consumers’ demand for natural ecofriendly ingredients, while supporting brands in their new product development goals as they navigate (...)

read more
Webinars
E-shop - latest publications
Regulations on the registration of cosmetic products in China (part2)
95.00 € excl. tax
Regulations on the registration of cosmetic products in China
200.00 € excl. tax
Safety of perfumes and cosmetics. Belarus, Kazakhstan and Russia
200.00 € excl. tax
Go to top ↑

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close