Ensuring compliance requires significant money, time, and effort from suppliers and manufacturers, as AAK Personal Care explains
ABSTRACT
The beauty and personal care sector is undergoing a significant shift, driven by tightening legislation to increase transparency around sustainability reporting and address the most critical environmental and social issues, such as carbon emissions, pollution, resource use, human rights, and forced labor within global supply chains. While the legislation aims to transform the EU into a sustainable, carbon-neutral, and just economy and offers opportunities for innovation and growth, it also presents challenges. Cosmetic companies face increasing pressure to move to more sustainable practices, and while new regulation is undoubtedly needed, ensuring compliance requires significant money, time, and effort from suppliers and manufacturers.
Over the last decade, the cosmetics industry has undergone a significant transformation in terms of sustainability, primarily driven by increased consumer awareness and demand for more natural products with eco-ethical credentials. The introduction of more demanding sustainability regulations will accelerate this trajectory and affect all industry players to a greater or lesser extent.
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