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| Subject: |
SUSTAINABLE BUSINESS
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| Period: |
December 15, 2015 to January 15, 2016
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| Geographies: |
Worldwide
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| Categories: |
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends
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Contents
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E-commerce startup The Goodwell Company is selling a $29.99 sustainable toothbrush that company founder Patrick Triato says is designed to last forever. Designed to be compostable, several accessories for the toothbrush include head replacements, floss, and tongue scrapers. These can be bought as a one-time purchase or through a subscription service offered by the company. Oral care sales are forecast to expand at 3.1 percent per year in the next five years, according to market research firm IBISWorld; however, the company faces serious competition in the market from major brands, including Procter & Gamble’s Oral-B.
"This Startup Hopes its Toothbrush Will Last You a Lifetime", Entrepreneur, January 06, 2016
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Actress Gwyneth Paltrow partnered with Karen Behnke, founding partner of Juice Beauty Brand, to launch a line of cosmetics made from certified organic ingredients. Citing her long-held worries about the effects of frequent makeup use as her main reason for launching the product line, Paltrow said she had wrongly believed that the cosmetics industry would regulate the ingredients in their products. According to the company, the brand aims to offer consumers with the luxury usually associated with high-end brands Chanel and Giorgio Armani at more affordable prices.
"Gwyneth Paltrow, Karen Behnke and Juice Beauty Launch Organic Makeup Line", Forbes, January 11, 2016
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Supermarket chain Aldi Australia said it will remove plastic microbeads from its own-brand personal care products by 2017. Joining other retailers Coles and Woolworths, Aldi said it will replace microbeads with natural ingredients. Environmentalist Jon Dee, one of the leading campaigners for a ban on microbeads, commended Aldi for its decision.
"Aldi joins Coles and Woolies in microbead ban", The Sydney Morning Herald, January 14, 2016
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Kellogg Company’s new greenhouse gas (GHG) emission targets will cut GHG by 65 percent across its operations by 2020, the company announced. The targets also call for suppliers to cut their GHG emissions by half within 35 years. Since 2008, Kellogg says, it has reduced GHG emissions from its manufacturing facilities by 12 percent. The new targets are an extension of the 2020 global sustainability goals set in August 2014. The overall goal of the targets, which are in accordance with “others in Paris,” is to reduce GHG emissions to “limit the Earth's temperature increase to two degrees Celsius."
"Kellogg Company Announces New, Ambitious Global Greenhouse Gas Emission Goals Across Manufacturing and Agricultural Supply Chains", News release, Kellogg Company, December 08, 2015
Beauty retailer Sephora received the Sustainable Brand and the 2015 R Award for eco-design from Generation Responsible. Recognizing the specialty retailer’s sustainable development initiatives, the awards form part of the organization’s efforts to promote corporate efforts to protect the environment. Sephora agreed to support the organization’s sustainability campaign.
"Sephora receives Responsible Brand label and 2015 R Award for eco-design", LVMH, December 16, 2015
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Procter & Gamble, December 15, 2015
Economic Times , January 06, 2016
Environmental Leader, January 07, 2016
Fast Company, January 13, 2016
The Sydney Morning Herald, January 14, 2016
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| Trends |
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Organic sustainable farming is a major way to reverse climate change, participants in the COP21 global climate summit agreed recently. Twenty-five countries and more than 50 international organizations, private foundations, international funds, and consumer and farmer groups committed to France’s “4 per 1000” initiative to promote healthy soils and “regenerative agriculture” to ensure food and climate security in coastal areas, island nations and poorer developing countries that are likely to be hit the hardest by global warming. “This is a game changer because soil carbon is now central to how the world manages climate change,” said the head of the world’s leading organic farmers and producers association.
"Message from historic Paris climate summit: Organic food and farming can save the planet", NewHope360.com, December 14, 2015
Demand for “halal” cosmetics is expected to drive growth in the beauty market in 2016, according to market analysts. Halal refers to what is permitted or lawful in Islam; hence, “halal cosmetics” refers to beauty products that do not have pork or alcohol ingredients. Beauty brands are taking notice of the Muslim market, estimated to be worth $2 billion worldwide in 2013 and is forecast to grow to $3.7 billion by 2019. Muslim consumers spent $46 billion on cosmetics in 2013, according to market research firm Thomson Reuters.
"Halal Makeup Is the Beauty "Trend" to Pay Attention to Next Year", Style.Mic, December 28, 2015
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The New York Times, December 10, 2015
National Public Radio, December 29, 2015
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