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🌿Case study series 002: Green insights of Household & Personal Care Industry 🌍 The household and personal care products sector is more than just about convenience—it's about enhancing lives. But as we innovate and create, we must also acknowledge our impact on the environment. 🔍 Sector Overview: The household and personal care products sector is integral to daily life, with products consumed globally, enhancing well-being and standards of living. However, the sector's activities sometimes have adverse environmental impacts, such as excessive packaging and deforestation. 🚀 Progress in Motion: 1. Companies are increasingly recognizing their environmental footprint and committing to action. 2. Examples include Henkel's goal of achieving over 30% recycled plastic in packaging by 2030 and Natura's aim to preserve millions of hectares of the Amazon rainforest. 3. Arbonne, Firmenich, Unilever, L'Oréal, and L'Occitane are also making significant commitments towards sustainability and biodiversity. 4. The sector is shifting towards offering nature-based products, with a majority planning to launch plant-based products. 5. Efforts by organizations like the Union for Ethical Biotrade (UEBT) highlight the importance of ethical ingredient sourcing and biodiversity preservation. 🌱 Accelerating Change: 1. While commendable, current efforts must be amplified. Corporate leaders should adopt a systematic approach, following the ACT-D framework: Assess, Commit, Transform, and Disclose. 2. This entails measuring, valuing, and prioritizing nature-related impacts, setting transparent, science-based targets, transforming business practices, and tracking performance for public disclosure. Our recommendation to learn more about the industry: https://buff.ly/4bwUPjn PC- World Economic Forum Together, let's redefine the role of the household and personal care industry. Join the movement for a #NaturePositive world! 🌿💼 #Sustainability #ConsumerGoods #EnvironmentalResponsibility

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