The $500 billion beauty industry's "green" ambitions are a patchwork at best, with many brands struggling to make sustainable claims.
As consumers increasingly prioritize sustainability when making purchasing decisions, companies are scrambling to meet the growing demand for eco-friendly products. According to Simon Kucher's Global Sustainability Study 2021, 60% of consumers worldwide rate sustainability as an important purchase criterion, and 35% are willing to pay more for sustainable products or services.
To achieve these goals, beauty brands have set ambitious targets to reduce their environmental impact, including phasing out single-use plastics, providing recyclable, reusable, and refillable packaging, and increasing transparency around product ingredients. However, many consumers still struggle to understand the sustainability credentials of many products, due in part to inconsistent industry efforts.
The lack of standardization and regulation is a significant challenge for the beauty industry. There is no international standard for how much product ingredient information should be shared with customers, leaving brands free to set their own rules and goals. This has led to "greenwashing," where companies make unsubstantiated sustainability claims.
Even natural ingredients can have toxic effects if not properly formulated or sourced. Sasha Plavsic, founder of makeup brand ILIA Beauty, notes that purely organic materials often fall apart when exposed to high temperatures used in product manufacturing, leading to inconsistent results and subpar performance.
The industry's reliance on plastics is a major sustainability challenge. 95% of beauty packaging is thrown away, and most is not recycled. Companies are trying to phase out single-use plastics and adopt post-consumer recycled (PCR) plastic, but demand for PCR plastic is high, making it difficult to find in supply chains.
Beauty retailers also play a crucial role in promoting sustainability, but many vary in their standards when it comes to stocking sustainable products. Provenance founder Jessi Baker notes that smaller businesses often move more quickly to adopt climate-friendly practices due to lower overhead costs.
Governments and multinationals can help by setting regulations and minimum requirements for brands to operate from when making sustainability claims. However, market leadership is key in driving change. According to Mia Davis, vice president of sustainability and impact at Credo Beauty, regulation can raise the floor but not drive meaningful change on its own.
Ultimately, the beauty industry's "green" ambitions are falling short due to a lack of standardization, inconsistent industry efforts, and limited regulations. However, continued collective advocacy and initiative from brands and customers may be the most impactful vector for addressing the industry's climate shortcomings.
As consumers increasingly prioritize sustainability when making purchasing decisions, companies are scrambling to meet the growing demand for eco-friendly products. According to Simon Kucher's Global Sustainability Study 2021, 60% of consumers worldwide rate sustainability as an important purchase criterion, and 35% are willing to pay more for sustainable products or services.
To achieve these goals, beauty brands have set ambitious targets to reduce their environmental impact, including phasing out single-use plastics, providing recyclable, reusable, and refillable packaging, and increasing transparency around product ingredients. However, many consumers still struggle to understand the sustainability credentials of many products, due in part to inconsistent industry efforts.
The lack of standardization and regulation is a significant challenge for the beauty industry. There is no international standard for how much product ingredient information should be shared with customers, leaving brands free to set their own rules and goals. This has led to "greenwashing," where companies make unsubstantiated sustainability claims.
Even natural ingredients can have toxic effects if not properly formulated or sourced. Sasha Plavsic, founder of makeup brand ILIA Beauty, notes that purely organic materials often fall apart when exposed to high temperatures used in product manufacturing, leading to inconsistent results and subpar performance.
The industry's reliance on plastics is a major sustainability challenge. 95% of beauty packaging is thrown away, and most is not recycled. Companies are trying to phase out single-use plastics and adopt post-consumer recycled (PCR) plastic, but demand for PCR plastic is high, making it difficult to find in supply chains.
Beauty retailers also play a crucial role in promoting sustainability, but many vary in their standards when it comes to stocking sustainable products. Provenance founder Jessi Baker notes that smaller businesses often move more quickly to adopt climate-friendly practices due to lower overhead costs.
Governments and multinationals can help by setting regulations and minimum requirements for brands to operate from when making sustainability claims. However, market leadership is key in driving change. According to Mia Davis, vice president of sustainability and impact at Credo Beauty, regulation can raise the floor but not drive meaningful change on its own.
Ultimately, the beauty industry's "green" ambitions are falling short due to a lack of standardization, inconsistent industry efforts, and limited regulations. However, continued collective advocacy and initiative from brands and customers may be the most impactful vector for addressing the industry's climate shortcomings.