The $500 Billion Beauty Industry's 'Green' Ambitions are a Patchwork at Best, Falling Short
As consumers increasingly prioritize sustainability, the global beauty industry has set ambitious goals to reduce its environmental footprint. From phasing out single-use plastics to adopting more eco-friendly packaging, many brands claim to be committed to reducing their impact on the planet.
However, a closer examination reveals that these efforts are often inconsistent and insufficient. According to Simon Kucher's Global Sustainability Study 2021, consumers rate sustainability as an important purchase criterion for 60% of respondents worldwide, with 35% willing to pay more for sustainable products or services.
Despite this growing demand, the industry's "green" ambitions often fall short. Brands use marketing language like "clean beauty" to make their products seem natural and safe, despite not always being organic, sustainable, or ethically made. Experts warn that such buzzwords are losing traction as consumers become more discerning, calling for better transparency and certification.
The industry's plastic packaging is a particular challenge, with 95% of packaging thrown away and most not recycled. Beauty giants like L'Oréal and Estee Lauder Companies have set targets to increase the use of post-consumer recycled (PCR) plastics, but these efforts are often hindered by pricing and supply issues.
Retailers also play a crucial role in promoting sustainability, with some, like Sephora and Target, launching initiatives to label products that meet their sustainability criteria. However, many brands and retailers still struggle to set consistent standards for sustainability, leaving consumers confused and unsure about the environmental impact of their purchases.
One major gap in the industry is standardization. While certifications like B Corp can provide some assurance, they are currently voluntary for brands to apply for. Governments and multinationals enforcing regulations and setting a baseline for brands to operate from would be crucial in driving meaningful change.
As one beauty brand founder noted, "If I package our product in a recyclable material, it's not the same if I send it to the US, where the garbage is not separated... and it's not recyclable." The inconsistent recycling laws across countries create a significant challenge for companies seeking to reduce their environmental impact.
Ultimately, the beauty industry's sustainability shortcomings will require continued collective advocacy and initiative. As Mia Davis, vice president of sustainability and impact at Credo Beauty, noted, "Market leadership is key... Regulation can raise the floor a bit, but it's not enough on its own." The private sector must continue to drive change, pushing brands to adopt more sustainable practices and promoting transparency and accountability throughout the supply chain.
As consumers increasingly prioritize sustainability, the global beauty industry has set ambitious goals to reduce its environmental footprint. From phasing out single-use plastics to adopting more eco-friendly packaging, many brands claim to be committed to reducing their impact on the planet.
However, a closer examination reveals that these efforts are often inconsistent and insufficient. According to Simon Kucher's Global Sustainability Study 2021, consumers rate sustainability as an important purchase criterion for 60% of respondents worldwide, with 35% willing to pay more for sustainable products or services.
Despite this growing demand, the industry's "green" ambitions often fall short. Brands use marketing language like "clean beauty" to make their products seem natural and safe, despite not always being organic, sustainable, or ethically made. Experts warn that such buzzwords are losing traction as consumers become more discerning, calling for better transparency and certification.
The industry's plastic packaging is a particular challenge, with 95% of packaging thrown away and most not recycled. Beauty giants like L'Oréal and Estee Lauder Companies have set targets to increase the use of post-consumer recycled (PCR) plastics, but these efforts are often hindered by pricing and supply issues.
Retailers also play a crucial role in promoting sustainability, with some, like Sephora and Target, launching initiatives to label products that meet their sustainability criteria. However, many brands and retailers still struggle to set consistent standards for sustainability, leaving consumers confused and unsure about the environmental impact of their purchases.
One major gap in the industry is standardization. While certifications like B Corp can provide some assurance, they are currently voluntary for brands to apply for. Governments and multinationals enforcing regulations and setting a baseline for brands to operate from would be crucial in driving meaningful change.
As one beauty brand founder noted, "If I package our product in a recyclable material, it's not the same if I send it to the US, where the garbage is not separated... and it's not recyclable." The inconsistent recycling laws across countries create a significant challenge for companies seeking to reduce their environmental impact.
Ultimately, the beauty industry's sustainability shortcomings will require continued collective advocacy and initiative. As Mia Davis, vice president of sustainability and impact at Credo Beauty, noted, "Market leadership is key... Regulation can raise the floor a bit, but it's not enough on its own." The private sector must continue to drive change, pushing brands to adopt more sustainable practices and promoting transparency and accountability throughout the supply chain.