Sustainability Challenges In The Beauty and Cosmetics Industry

Pressures around sustainability risks are intensifying on a global scale for the cosmetics industry. From raw materials such as mica and palm oil, to animal testing, and consumers’ use and disposal of packaging, the cosmetics supply chain has an impact across multiple stakeholders. Procurement and supply chain managers are facing urgent challenges to protect their brands and create new value for their organizations.


Customer health and safety
(use of chemical ingredients)


Human Rights (e.g. Mica mining)


Biodiversity/Animal welfare


Waste management & recycling


Energy sources & use


Retail customer transparency demands


Palm oil/deforestation


Product innovation

Beauty/Cosmetics Industry Leaders Using EcoVadis Ratings


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Report

Testimonial

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Commitments

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A Collaborative Initiative

Four of these industry leaders - Clarins, Coty, Groupe Rocher and L’Oréal - and EcoVadis have created the Responsible Beauty Initiative which aims to strengthen ethical, social and environmental performance and progress throughout the beauty supply chain.

Example Of Categories Assessed In The Cosmetics Industry

 

Solving A Challenging Problem

CSR surveys are a complex and time-consuming job. Suppliers are getting overwhelmed with questionnaire/audit fatigue, and often the data produced is not actionable by buyers, nor integrated into processes, and misses the value creation opportunity. This is the challenge EcoVadis is solving.

Buyers get: reliable indicators, turnkey program support, supplier onboarding, and a platform that scales globally. Suppliers get: globally recognized ratings, benchmarks & motivation to improve, and a scorecard they can share everywhere (and avoid redundant surveys!)

Download a Sample Scorecard

How EcoVadis Accelerates Procurement Value Creation


Reduce costs, scale quickly
-Cover 190+ spend categories and 150+ countries

-Save 80% in responsible sourcing program costs with mutualized platform

-Consolidate portfolios and reduce category management costs


Engage suppliers with mutual ROI

-Benchmarks & recognition medals motivate engagement

-Scorecard gives guidance on improvements

-Break through limitations of site audits and self-assessments


Drive performance, innovation revenue
-Leverage CSR ratings to:

-Select the best and most innovative suppliers

-Drive performance improvements

-Boost competitiveness in new categories

How do your sustainable supply chain practices compare? Benchmark now available:

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Sustainable Procurement News for Beauty


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