The Union for Ethical BioTrade (UEBT), a non-profit group that encourages cosmetic and personal care product companies to adopt ethical sourcing practices and conserve biodiversity, has published a report detailing the proceedings of the 2013 Beauty of Sourcing with Respect Conference that was held in Paris on April 19, 2013. Featured speakers included European Commission officials as well as representatives of the ABS (Access and Benefit Sharing) Initiative and French industry association Fédération des Entreprises de la Beauté.
According to UEBT, consumer awareness about biodiversity increased from 56 percent to 65 percent in Germany, France, the United Kingdom, and the United States between 2009 and 2013. Reporting on biodiversity by cosmetic and personal care product companies also increased—from 13 percent in 2009 to 32 percent in 2013.
“There is a clear evolution with growing awareness among consumers, in company approaches and in government perspectives,” said UEBT Board President Ricardo Faucon. UEBT reports that the private sector is increasingly aware of the importance of ethical sourcing of biodiversity, especially in emerging economies. Rémy Oudghiri, of global research firm IPSOS, commented, “There are clear opportunities for brands to position themselves around the issue of biodiversity, and anticipate increasing consumer interest on this issue.” The Brazilian Beauty of Sourcing Conference is scheduled for June 25 in Sao Paulo.