The Body Shop pledges to become the most ethical company in the world

The Body Shop is celebrating its 40th birthday with a new plan to become the world's most ethical and sustainable global business.

See Full Article

The beauty brand has unveiled "Enrich Not Exploit," a strategy to protect and nurture society and the environment across all areas of its business, from ingredients and packaging to employees and campaigns.

The cosmetics giant has set itself a total of 14 targets for 2020, divided into three categories: enriching people; products; and the planet.

They include plans to help 40,000 economically vulnerable people access work around the world and to ensure that 100 per cent of the group's natural ingredients are traceable and sustainably sourced, protecting 10,000 hectares of forest and other habitat.

The group has also pledged to power its stores with renewable or carbon balanced energy, to reduce the environmental footprint of its products year-on-year and to invest 250,000 hours into enriching the biodiversity of local communities.

"For us, being truly sustainable means shaping our business to work in line with the planet's natural systems so they can replenish and restore themselves," says Jeremy Schwartz, Chairman and CEO of The Body Shop.

"We have set ourselves a significant goal to be the world's most ethical and truly sustainable global business."

Founded in 1976 in the U.K. by Anita Roddick, The Body Shop inspires a loyal following for its ethically and sustainably produced, naturally-inspired skincare, hair care and make-up. It is famous for its iconic products such as its Tea Tree Oil and Vitamin E skincare formulas and rich body butters formulated from shea, hemp, cocoa and mango, among others. The brand was acquired by L'Oréal in 2006 and counts 3,000 stores in more than 60 countries.

Its trendsetting ways have recently paved the way for an influx of sustainable modern beauty brands, including H&M's "Conscious" beauty collection, launched this year, and actress Jessica Alba's cosmetics line "Honest Beauty," which debuted in September 2015.



Advertisements

Latest Economic News

  • Poker tables keep decreasing on Las Vegas casino floors

    Economic CTV News
    LAS VEGAS -- When the Monte Carlo closes its eight-table poker room in about a month as part of a $450 million overhaul, the Las Vegas Strip will have lost nearly a quarter of the tables it had a decade ago. Source
  • Google's YouTube loses more advertisers over offensive videos

    Economic CBC News
    An advertising boycott of YouTube is broadening, a sign that big-spending companies doubt Google's ability to prevent marketing campaigns from appearing alongside repugnant videos. PepsiCo, Walmart Stores and Starbucks on Friday confirmed that they have also suspended their advertising on YouTube after the Wall Street Journal found Google's automated programs placed their brands on five videos containing racist content. Source
  • National contest tries to convince students that lucrative sales jobs are 'sexy'

    Economic CBC News
    Sonya Meloff wants everyone to know that a career in sales is sexy. Not sleazy. "I think that sales is a really sexy job," says the founder of the Toronto's Sales Talent Agency. "You get to be at the forefront of representing a company, you're the one that gets to talk to the customers. Source
  • Report examines grim Bangladesh leather trade, links to West

    Economic CTV News
    DHAKA, Bangladesh -- Hazardous, heavily polluting tanneries, with workers as young as 14, supplied leather to companies that make shoes and handbags for a host of Western brands, a non-profit group that investigates supply chains says. Source
  • Notley: Keystone XL doesn't lessen need for Energy East, Trans Mountain

    Economic CTV News
    CALGARY -- Alberta Premier Rachel Notley says U.S. approval of the Keystone XL pipeline does not lessen the need for two other controversial proposals within Canada's borders. U.S. President Donald Trump announced the green light for the line more than eight years after Calgary-based TransCanada first applied for a cross-border permit. Source
  • Trump's Keystone XL decision sets up new fight in Nebraska

    Economic CTV News
    LINCOLN, Neb. -- U.S. President Donald Trump may have approved a federal permit for the Keystone XL pipeline, but the fight is far from over in Nebraska, the one state in its path that has yet to approve the project. Source
  • Toronto stock index extends rally, Wall Street mixed after 'Trumpcare' pulled

    Economic CBC News
    Specialist Stephen Naughton, left, and trader Michael Milano work on the floor of the New York Stock Exchange on Wednesday. North American equity markets finished mixed on Friday after U.S. Republicans withdrew their bill to overhaul Obamacare. Source
  • PepsiCo, Wal-Mart, Starbucks join YouTube ad boycott in U.S.

    Economic CTV News
    SAN FRANCISCO -- An advertising boycott of YouTube is broadening in a sign that big companies doubt Google's ability to prevent marketing campaigns from appearing alongside repugnant videos. PepsiCo, Wal-Mart Stores and Starbucks on Friday confirmed that they have also suspended their advertising on YouTube after the Wall Street Journal found Google's automated programs placed their brands on five videos containing racist content. Source
  • Debate renewed over economic benefits of Keystone XL pipeline

    Economic CTV News
    U.S. President Donald Trump is calling his administration's approval of the Keystone XL pipeline a new era for American energy policy. As expected, the State Department reversed a decision by the Obama administration and favoured energy development over environmentalists' objections to the pipeline, which will carry thick Canadian crude oil to Nebraska, where it can flow on to refineries along the Gulf Coast. Source
  • BRP could move Mexican production if NAFTA changes too onerous, says CEO

    Economic CTV News
    MONTREAL -- The company that makes Ski-Doos, Sea-Doos and Spyder vehicles says it could move production from Mexico if NAFTA changes result in hefty border taxes, but BRP chief executive Jose Boisjoli is hoping "common sense" will prevail during upcoming negotiations. Source