French beauty major L’Oréal has signed a deal to acquire Natura &Co-owned Australian luxury skin care brand Aesop in a deal set to propel global growth for the cult, clean aesthetic brand.
A group of beauty majors have kickstarted an EcoBeautyScore Consortium, set to establish a brand-agnostic and transparent global environmental impact scoring system by the end of this year.
Natura &Co’s The Body Shop will heavily invest in regenerative business innovation over the next decade, including advanced use of biotech and carbon capture, its head of innovation and sustainability R&D says.
International beauty majors L’Oréal, Natura &Co and Unilever have received the inaugural 2021 Terra Carta Seal for their commitment and momentum towards achieving net zero status ahead of 2050.
A round-up of CosmeticsDesign-Europe’s most-read news from October 2021 shows interest in beauty ‘personas’ to watch, the big-brand push towards an environmental impact system, and scientific frustration around the future of animal-free chemical testing.
Understanding and communicating the impact cosmetics production has on people and planet is the next chapter in industry’s journey towards full circularity, says Natura &Co’s VP of sustainability and group affairs.
HENKEL, L’OREAL, LVMH, NATURA &CO AND UNILEVER EXECUTIVES WEIGH IN
Executives from Henkel, L’Oréal, LVMH, Natura &Co and Unilever say co-developing an industry-wide environmental impact assessment system is critical for the sustainable future of cosmetics.
Natura &Co says its partnership with Dutch eco video streaming platform WaterBear will help emphasise the seriousness of the climate crisis and shift perceptions around traditional communities to spotlight them as biodiversity guardians.
Henkel, L’Oréal, LVMH, Natura &Co and Unilever are forming a global beauty consortium to co-develop an industry-wide environmental impact assessment and scoring system for cosmetics.
![Aēsop is today present in 29 markets, has 395 stores and increased its gross sales between 2012 and 2022 by €465m (US$509m) [Image: Aesop Facebook]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/04/04/l-oreal-to-acquire-natura-co-owned-aesop-for-us-2.5bn-and-grow-brand-globally/16305295-1-eng-GB/L-Oreal-to-acquire-Natura-Co-owned-Aesop-for-US-2.5bn-and-grow-brand-globally.jpg)
![Henkel, L’Oréal, LVMH, Natura &Co and Unilever spearheaded the formation of the beauty consortium back in September 2021 [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/ecobeautyscore-consortium-launched-to-build-global-beauty-environmental-impact-scoring-system/13270258-1-eng-GB/EcoBeautyScore-Consortium-launched-to-build-global-beauty-environmental-impact-scoring-system.jpg)
![The Body Shop is investing in biotechnology to develop circular beauty ingredients, as well as looking at new ways of using waste and improving regenerative agriculture [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/brand-innovation/natura-co-the-body-shop-investing-in-regenerative-business-innovation-to-drive-circular-beauty/13020917-1-eng-GB/Natura-Co-The-Body-Shop-investing-in-regenerative-business-innovation-to-drive-circular-beauty.jpg)
![The inaugural Terra Carta Seal recognises businesses with credible roadmaps towards achieving a net zero status and putting people, planet and nature at the heart of operations [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/11/05/terra-carta-seal-awarded-to-l-oreal-natura-co-and-unilever-for-net-zero-ambitions/12988256-1-eng-GB/Terra-Carta-Seal-awarded-to-L-Oreal-Natura-Co-and-Unilever-for-net-zero-ambitions.jpg)
![Industry needs to look at how it gives back to nature and biodiversity as it works towards full circularity [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/10/12/natura-co-talks-circular-beauty-future-and-importance-of-environmental-and-social-impact-of-cosmetics/12918193-1-eng-GB/Natura-Co-talks-circular-beauty-future-and-importance-of-environmental-and-social-impact-of-cosmetics.jpg)
![Henkel, L’Oréal, LVMH, Natura &Co and Unilever want to co-develop an environmental impact system that will enable consumers to compare like-for-like products and make informed purchasing decisions [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/10/07/henkel-l-oreal-lvmh-natura-co-and-unilever-talk-environmental-beauty-consortium-goals/12906522-1-eng-GB/Henkel-L-Oreal-LVMH-Natura-Co-and-Unilever-talk-environmental-beauty-consortium-goals.jpg)
![Natura &Co also wants to highlight the importance of traditional communities as guardians of global biodiversity [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/natura-co-waterbear-channel-to-emphasise-climate-crisis-and-traditional-communities-in-beauty-supply-chains/12852093-1-eng-GB/Natura-Co-WaterBear-channel-to-emphasise-climate-crisis-and-traditional-communities-in-beauty-supply-chains.jpg)
![Henkel, L’Oréal, LVMH, Natura &Co and Unilever are leading the charge in the creation of a global beauty consortium to develop a system that provides consumers 'clear, transparent and comparable' information on their cosmetic products [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/09/20/henkel-l-oreal-lvmh-natura-co-unilever-forming-consortium-for-cosmetics-environmental-impact-system/12835159-1-eng-GB/Henkel-L-Oreal-LVMH-Natura-Co-Unilever-forming-consortium-for-cosmetics-environmental-impact-system.jpg)
