- The progress report will be live streamed as an open
conversation and will convene world leading experts to discuss
critical issues
- Natura &Co to announce the launch of a new data tool to
aide conservation of the Amazon, and will call for the creation of
science-based targets on biodiversity in order to achieve the Paris
Agreement
- Natura &Co set to be first multinational to ensure their
workforce reflects the demographic composition of the societies in
which it operates
SÃO PAULO, June 22, 2021
/PRNewswire/ -- Natura &Co — home of Avon, Natura, The Body Shop and Aesop global
beauty brands — and the world's largest certified B Corp, will
today give its first annual update on progress made and the
challenges faced since the launch of its 10 year Commitment to Life
plan in June 2020.
The plan sets out 31 targets which will see Natura &Co step
up its actions to tackle some of the world's most pressing issues,
including the climate crisis and protecting the Amazon, the defence
of Human Rights and ensuring equality and inclusion throughout its
network, and embracing circularity and regeneration by 2030.
The progress report will be livestreamed as an open conversation
and will convene world leading experts on the biodiversity crisis,
conservation of the Amazon, the circular economy and equality to
discuss how businesses can play their part in solving environmental
and social problems.
Key updates will include:
- The launch of a new monitor tool called PlenaMata, in
partnership with MapBiomas and InfoAmazônia. Currently data about
the health of the Amazon is disparate and hard to use. This new
portal, built in collaboration with multiple groups, will overcome
that problem by create a centralised database to inform initiatives
for the conservation and regeneration of the Amazon biome.
- A renewed call to build an agreement on nature with the same
importance it has been given to climate and carbon. The company
supports the creation of science-based targets for biodiversity as
Natura &Co believes that without a bold plan to reverse nature
loss, the goals of the Paris Agreement will never be achieved.
- As part of a commitment to diversity, equality and inclusion,
Natura &Co will set out a new plan to ensure its workforce
reflects the demographic composition of the societies in which it
operates. This will be a first for a listed multi-national business
with a network in more than 100 countries and has many challenges
around personal data and data protection laws in different
countries. Natura &Co aims to develop new ways to tackle
inequality and underrepresentation.
Roberto Marques, Executive
Chairman and Group CEO Natura &Co, said; "We are sharing
our progress – and our challenges - in the spirit of transparency,
and in the spirit of collaboration. Our business model holds
ourselves accountable to balance profit & purpose, which is why
we will always report our social and environmental performance with
the same transparency as we do our financial performance. With 75%
of Fortune 500 companies not having carbon neutral commitments by
2030 in place, it's clear that the world has a long way to go. The
climate crisis is the defining challenge of our time, and it will
be incumbent upon the private sector to step up and push for change
in order for the goals of the Paris Agreement to become a reality.
Equally, social justice will continue to be an aspiration unless
businesses step up to ensure diversity and inclusion through every
aspect of their structure and its entire network in which they
participate. Our Commitment to Life vision is ambitious, but with
collaboration, creativity, and care, we will achieve it."
Tasso Azevedo, founder of
MapBiomas, said; "We are launching an instrument to engage
the private sector, civil societies, local communities and
governments to articulate the fight against deforestation and
successful conservation and regeneration initiatives"
Sanda Ojiambo, CEO and
Executive Director of the UN Global Compact, said; "I am
grateful to Natura &Co for convening this important dialogue on
diversity equity and inclusion. While we´ve made some great strides
toward the SDGs, persistent inequality threatens to derail our
progress with gender inequality the most glaring of all and the
COVID19 crisis has made the economic gender gap even wider.
Threatening to slow or reverse any progress we have made. Embracing
diversity and inclusion has proven not only the right thing to do
but also the smart thing to do. I congratulate Natura &Co on
their ambitious targets. Target setting is crucial for progress on
diversity and inclusion, because what gets measured gets done. Our
workforce should reflect the diverse world in which we live in.
Responsible business leaders can and must set the tone from the
top, because the evidence is clear, when women and other
underrepresented groups are empowered, everybody wins"
Akanksha Khatri, Head of
Nature and Biodiversity at World Economic Forum, said; "We
are seeing an unprecedented interest in and commitment to fighting
the climate and nature emergencies facing humanity. Despite this
increasing attention on the topic of nature loss, there is still
limited understanding on how it can be material to businesses and
what the private sector can do to address this challenge. Business
leaders, governments and heads of civil society organizations must
come together to create an integrated nature action agenda to
tackle the issues of climate, biodiversity, forests, oceans and
sustainable development."
Highlights from the first year of progress:
- Natura &Co's preservation of Amazon forest increased from
1.8 to 2 million hectares
- Access Benefit Payments totalling 8.7MM R$ were made to
communities in the Amazon
- The gender balance of the management team reached 49%
- On track to close a 0.9% unexplained pay equity gap by year end
2021
- $4.87m was invested in
regenerative solutions, such as Ekos Tukumã
- $94m was invested in causes,
including donations to fighting COVID-19, supporting breast cancer
awareness initiatives, and support for victims of domestic
violence
About Natura &Co
Natura &Co is a global,
purpose-driven, multi-channel and multi-brand cosmetics group which
includes Avon, Natura, The Body
Shop and Aesop. Natura &Co posted net revenues of R$36.9 billion in 2020. The four companies that
form the group are committed to generating positive economic,
social and environmental impact. For 130 years Avon has stood for women: providing
innovative, quality beauty products which are primarily sold to
women, through women. Founded in 1969, Natura is a Brazilian
multinational in the cosmetics and personal care segment, leader in
direct sales. Founded in 1976 in Brighton, England, by Anita Roddick, The Body Shop is a global beauty
brand that seeks to make a positive difference in the world. The
Australian beauty brand Aesop was established in 1987 with a quest
to create a range of superlative products for skin, hair and the
body.