Beauty

The Value of Supply Chain Sustainability

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

Improve Performance
& Reduce Costs

Drive Innovation
& Growth

Manage Risk
& Protect Your Brand

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Current Clients In Industry

More than a dozen beauty and luxury companies are using EcoVadis, including The Body Shop, Clarins, Cosnova, Coty, Estée Lauder, Groupe Rocher, LVMH Cosmetics, L’Oréal, NUXE, Oriflame, Pierre Fabre and Shiseido EMEA

Firmenich SA is a private Swiss company in the fragrance and flavor business. It is the largest privately owned company in the field and ranks number two worldwide. Firmenich has created perfumes for over 100 years and produced a number of well-known scents.

EcoVadis has become a strategic tool for us and a way to structure what we do. And also a way to engage our teams. From a business point of view, a lot of our clients who know EcoVadis ask for EcoVadis Rating. It certainly helps create a common ground with our clients as well. I think we are looking forward in the future to do the same with our suppliers and to create this very interesting positive chain, from brands all the way down to farmers or suppliers in our other fields.

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Bérangère Magarinos-Ruchat Global Head of Sustainability

L’Oréal S.A. is a French personal care company headquartered in Clichy, Hauts-de-Seine with a registered office in Paris. It is the world’s largest cosmetics company and has developed activities in the field concentrating on hair colour, skin care, sun protection, make-up, perfume, and hair care.

We have more than 70.000 suppliers, and I'm just talking about tier one. Knowing this very large scope, I need people around me to help me drive my action plans.

Regine Lucas Chief Sustainable Finance Officer chez L'Oréal

LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. Its business activities are divided into various business groups, including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities.

New regulations can be helpful because until recently sustainability was something that each LVMH House had to approach on its own. Now, with Sapin II and "Devoir de vigilance" (Duty of Care) regulations, especially in France, the group as a whole is also responsible for what happens at the subsidiary level. This means we need to create more links between what can be done at House level, the business line level, or at the group level. It also strengthens all the synergies we want to create between our subsidiaries. This is a very positive thing for us. The advice I would give about using EcoVadis is that it can help you to make a quick and fairly accurate mapping of the suppliers who are at risk

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Christian Galichon CPO, LVMH

Responsible Beauty Initiative

Industry leaders such as Clarins, Coty, Groupe Rocher, L’Oréal and more, have created the Responsible Beauty Initiative along with EcoVadis, aiming to strengthen ethical, social and environmental performance and progress throughout the beauty supply chain.

Solving A Challenging Problem

EcoVadis brings a global service solution that breaks through limitations of redundant questionnaires, un-actionable self-assessment data, and expensive site audits.

Platform Overview

Scorecard

The EcoVadis scorecards help companies monitor suppliers’ CSR practices across 200+ purchasing categories and 175+ countries. The assessment framework is customized for each company according to their activities, size, and geographic location for operations.

Monitoring

Access dashboards to monitor performance of your portfolio by buyer, category, or custom filters. Request assessments, create reports, export data, and engage your team in your risk and performance goals and initiatives.

Benchmark

Benchmark supplier performance per theme by purchasing category or country.

Action Plans

Access action plans to start a dialogue between buyers and suppliers on actions taken by the supplier to improve their CSR performance.

Sustainable Procurement & CSR News – Cosmetics Industry

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