3. The Social Impact of a Cosmetics Company

  1. Amarjit Sahota
  1. Bas Schneiders and
  2. Frédéric Anklin

Published Online: 6 DEC 2013

DOI: 10.1002/9781118676516.ch3

Sustainability: How the Cosmetics Industry is Greening Up

Sustainability: How the Cosmetics Industry is Greening Up

How to Cite

Schneiders, B. and Anklin, F. (2013) The Social Impact of a Cosmetics Company, in Sustainability: How the Cosmetics Industry is Greening Up (ed A. Sahota), John Wiley & Sons Ltd, Chichester, UK. doi: 10.1002/9781118676516.ch3

Publication History

  1. Published Online: 6 DEC 2013
  2. Published Print: 27 DEC 2013

ISBN Information

Print ISBN: 9781119945543

Online ISBN: 9781118676516

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Keywords:

  • biodiversity;
  • corporate philanthropy;
  • corporate sustainability;
  • cosmetics industry;
  • economic development;
  • fair trade;
  • social impact;
  • Weleda Group

Summary

Sustainability is presently a key driver in the cosmetics industry and the beauty sector overall. It is important to understand the social functions performed by each particular industry and the potential and implications they hold for sustainability. The chapter cites the Weleda Group's corporate sustainability strategy. Out of Weleda's fields of action, three hold particular relevance for this chapter: environmentally friendly raw materials and biodiversity; fair trade; and space for working and living. The chapter presents some examples of initiatives underway in the four largest Weleda locations: Germany, Switzerland, France, and the Benelux region, and then takes a brief look at the area of corporate philanthropy. Weleda's approach to social responsibility is closely tied to the principle of sustainable economic development. Finally, the chapter examines this link and looks at some of the initiatives within this field.