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Subject: |
SUSTAINABLE BUSINESS
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Period: |
May 1, 2017 to May 15, 2017
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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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For The Estee Lauder Companies, sustainability means “making the smart (and sometimes difficult) choices today” in order to help create a better, more beautiful, and lasting world in the future, according to SVP of global corporate citizenship and sustainability, Nancy Mahon. Beauty brands need to integrate sustainability efforts into their business model to heed the call of consumers, employees, and investors for companies to behave responsibly and consciously with regards to the environment, Mahon said. Also, sustainability initiatives create the most value when they are “effectively and efficiently” implemented across the product's life cycle, she added.
"Estée Lauder Companies Shares Sustainability Best Practices, Part 1", CosmeticsDesign.com | USA, April 25, 2017
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Clorox announced the company has activated the solar panel system at its Fairfield Cleaning facility in California. Capable of producing 500 kilowatts of electricity during daylight hours the ground-mounted system is designed to help the facility reduce its electric power consumption by a significant portion. According to the company, Fairfield Cleaning is the first company-owned facility with installed solar power system. Power Purchase Agreements built the system, as well as Clorox’s first installation at its leased regional warehouse in Aberdeen, Maryland.
"Fairfield Plant Goes Solar", The Clorox Company, April 26, 2017
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One of the biggest issues and challenges a company has to deal with when creating a sustainability plan include “identifying what sustainability means” for the brand, according to The Estee Lauder Companies SVP of global corporate citizenship and sustainability, Nancy Mahon. Brands need to “communicate proactively” with their target audience to highlight their areas of differentiation. Companies need to interact with their customers when and where they are, including online and through social media. Regular communication with customers “maintains a positive corporate reputation,” Mahon added.
"Estée Lauder Companies Shares Sustainability Best Practices, Part 2", CosmeticsDesign.com | USA, April 26, 2017
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Australians too cash-strapped to pay for food can take advantage of food charity OzHarvest’s new venture, a “rescued food supermarket,” located in the Sydney suburb of Kensington. The supermarket’s shelves are stocked with donations of leftover perishable food from more than 2,000 commercial outlets. The organization only asks that people who take the free food pay what they can, even if it’s only donated services. Founded in 2004, OzHarvest distributes donated food to more than 8,000 charities.
"OzHarvest Opens Australia’s First ‘Rescued Food Supermarket’", Australian Food News, May 01, 2017
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Popular and leading beauty brands have failed a corporate ethics analysis by the Ethical Consumer magazine. Focused on workers' rights, environmental policies, and animal testing, the test revealed that even brands perceived by consumers as ethical were actually guilty by association with their parent companies. Some brands sold by retailer Boots were rated poor because parent company Walgreens Boots Alliance does not require suppliers to ban animal testing. LVMH's beauty brand Benefit got a terrible score of 1.5 points out of 20 for its parent company's refusal to join the Roundtable on Sustainable Palm Oil.
"How ethical is YOUR Makeup Bag? Report Delivers A Damning Verdict on Popular Brands Like Boots, Superdrug and Benefit Because of their Parent Firms' Policies Around Animal Testing and the Environment", Daily Mail, May 08, 2017
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Deals, M&A, JVs, Licensing |
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Bottled water makers Danone (France) and Nestlė Waters (U.S.) are collaborating with start-up Origin Materials to speed commercial scale development of 100 percent bio-based polyethylene terephthalate (PET) water bottles. The bottles will be made from sustainable, renewable biomass feedstocks, including cardboard, sawdust, and wood chips. Coca-Cola’s PlantBottle is 30 percent bio-based, though goal is 100 percent by 2020. Origin has produced samples of 80 percent bio- based PET bottles in California test factory.
"Danone and Nestlé Waters Launch NaturALL Bottle Alliance with California Startup to Develop 100% Bio-Based Bottles", News release, Nestlé , May 02, 2017
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PR Newswire, April 18, 2017
Marketing-Interactive, May 11, 2017
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