Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Minimise contribution to landfill through recyclable packaging and participation in recycling schemes.
• Seek to use innovative materials with improved recyclability, degradability and/or reusability.
• Aim to source ingredients with minimal environmental footprint and those that are grown sustainably.

Social Achievements

• Encourage diversity and respect of all sexes, races, religions and cultures amongst employees, suppliers, customers and other stakeholders.
• Committed to providing high quality, effective and ethical products to our customers.
• Respect and observe internationally recognised human rights and labour practices.

Governance Achievements

• Conduct business with honesty, integrity and transparency.
• Diversified board ensures compliance with regulatory requirements.

Climate Goals & Targets

Environmental Challenges

• COVID-19 impact on store and salon sales in Australia.

Mitigation Strategies

• Focus on e-commerce.
• Monitor US market for re-entry.

Supply Chain Management

Responsible Procurement

• Aim to source ingredients with minimal environmental footprint and those that are grown sustainably.

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Minimise contribution to landfill by using recyclable materials in packaging
• Participate in industry funded recycling schemes
• Evaluate new distribution partners for environmental impact

Social Achievements

• Encouraging support and respect for employees and endeavour to work with suppliers and vendors that respect internationally accepted labour and human rights
• Provide an inclusive and supportive culture that is fair and responsible
• Being committed to providing solutions for the problems faced by an aging population and develop products and services that contribute to healthy longevity

Governance Achievements

• work against fraud, corruption and any action that would undermine the business
• comply with the regulatory requirements in the jurisdictions we operate in, conducting our business with customers and suppliers according to local laws
• maintain true and correct financial records of our business and undertake regular independent audits

Climate Goals & Targets

Environmental Challenges

• Ongoing disruption from COVID-19 pandemic impacting customer foot traffic (wholesale pharmacy channel and spa/salons)
• Regulatory challenges restricting export sales into China made by Advangen Japan
• Unfavourable foreign exchange fluctuations on translation of foreign entity results

Mitigation Strategies

• Investing in its e-commerce channels, both direct to consumer and third-party retail partners
• Initiated a business transformation strategy commencing with a detailed review of the Group’s core businesses identifying cost savings and prioritising revenue initiatives needed to immediately lift profitability and improve operating cashflow
• Divestment of Advangen Japan

Supply Chain Management

Responsible Procurement

• Encouraging support and respect for employees and endeavour to work with suppliers and vendors that respect internationally accepted labour and human rights

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Minimise contribution to landfill through recyclable packaging and participation in industry recycling schemes.
• Seek to use innovative materials with improved recyclability, degradability and/or reusability.
• Aim to source ingredients with minimal environmental footprint and those that are grown sustainably.

Social Achievements

• Encourage diversity and respect of all sexes, races, religions and cultures amongst employees, suppliers, customers, and stakeholders.
• Committed to providing high quality, effective and ethical products to customers.
• Respect and observe internationally recognised human rights and labour practices.

Governance Achievements

• Conduct business with honesty, integrity and transparency.
• Diversified board ensures compliance with regulatory requirements.

Climate Goals & Targets

Environmental Challenges

• Pandemic impact on sales (Neiman Marcus closure, reduced foot traffic in Priceline), supply chain disruptions (delays in transport, materials, manufacturing, access to markets), product shortages and increased raw material costs, large headcount in markets with reduced sales, skill shortages in e-commerce, difficulties identifying acquisition targets due to pandemic-related business changes and valuation shifts.

Mitigation Strategies

• Focus on e-commerce, investment in manufacturing to secure raw materials, operational savings between CDY and BLC (warehousing, logistics, fulfillment, ERP improvements).

Supply Chain Management

Responsible Procurement

• Aim to source ingredients with minimal environmental footprint and those that are grown sustainably.

Climate-Related Risks & Opportunities