South Korean beauty company Amorepacific has set five new sustainability goals it aims to reach by 2030.
The goals are organized under two pillars: “Moving forward together with customers and society” and “coexisting responsibly with nature.”
Under the first pillar, the company will reduce products’ environmental footprint, implement new technologies in green chemistry and create brand campaigns that promote responsible consumption.
Additionally, Amorepacific will invest KRW100bn ($89.82m) to help socially vulnerable groups achieve financial independence. The move is part of the company’s goal to promote diversity and inclusion in its global offices. It will provide diversity and inclusion training for employees as well as aim to incorporate these values in new beauty products and campaigns.
Under the second pillar, Amorepacific aims to achieve carbon neutrality and zero-waste-to-landfill across production sites worldwide. The company will use 100% renewable energy at all facilities and convert all distribution vehicles used in Korea to eco-friendly transportation.
Additionally, it will reduce plastic in product packaging and create 100% reusable, recyclable or compostable plastic packaging materials. The company says it will use recycled or bio-based plastics for 30% of all plastic packing and provide more refillable products and services.
Lastly, Amorepacific will invest KRW10bn ($8.98m) in biodiversity conservation efforts and increase the use of RSPO-certified palm oil to 90% or more by 2023. It also plans to support palm oil farmers in partnership with NGOs and existing supply chain partners.