12 Jan '18, 10am

8 guiding principles for building ethical global supply chains

The rise of the socially conscious consumer is changing the way businesses across all industries compete and operate. Today, over three in five consumers feel it is important to buy from socially responsible companies and have done so in the past 12 months. Following the rise of organic products in the food and beverage market, mindful consumption is taking the personal care industry by storm. The global organic personal care market, comprising cosmetics and skin, hair and oral care, is expected to more than double in a decade, from about $10 billion in 2015 to over $25 billion by 2025 . As consumers continue to demonstrate a desire to pay a premium for natural products, it creates a need for more responsible sourcing by companies in this space. Indeed, throughout the world, there’s an opportunity to generate positive impact in local communities by putting the right princi...

Full article: https://www.greenbiz.com/article/8-guiding-principles-bui...

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