Euromonitor International
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Sustainability
Environmental Achievements
- L'Oréal focuses on reducing packaging waste by addressing e-commerce parcel waste in China
- Colgate-Palmolive introduced a recyclable toothpaste tube
- Dove reduced virgin plastic through post-consumer recycle inclusion
- Kaffe Bueno uses upcycled surfactants
- Lush uses prevented ocean plastic packaging
- Weleda offers natural solid shampoo
Climate Goals & Targets
Environmental Challenges
- Sustainable beauty has lost some of its glitter over the years
- 58% of European companies engage with Sustainable Development Goals in 2024, down from 70% in 2021
- 73% of European companies think sustainability is important to improve business’s resilience against unexpected risks in 2024, down from 84% in 2021
Mitigation Strategies
- Simplified sustainability is the way forward