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Tuesday, February 6, 2024Sector

Cosmetics industry mobilizes to improve supply chain traceability

L'industrie cosmétique se mobilise pour améliorer la traçabilité des chaînes d'approvisionnement

Time for cooperation! 15 industry players join forces to launch the Trasce consortium. The aim of the project is to strengthen the collective understanding of supply chains, assess the related social and environmental risks, and determine the actions required to support supply chains in their sustainable transition. An initiative welcomed, sponsored and supported by FEBEA.

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Albéa, Chanel, Clarins, Cosfibel, Dior, The Estée Lauder Companies, Groupe Pochet, L’Occitane en Provence, L’Oréal Groupe, Merck, Neyret, Nuxe, Sensient, Shiseido and Sisley are working together to make supply chains more transparent.

“Industry value chains are complex and fragmented. The unprecedented health, climatic and geopolitical events of recent years, which have led to disruptions in supply chains, have been indicative of this. In addition, the tangible reinforcement of public, local and international regulations, such as the European Directive on the Duty of Vigilance or the European Regulation against Deforestation and Forest Degradation, have highlighted the responsibility of the prime contractor in our production methods,” explained the consortium. “Faced with these facts, it has become essential to gain a deeper understanding of the sector’s supply chains, so as to better manage the associated risks and support their transition towards a sustainable and resilient model.”

To move forward in the right way, the founding members have committed to working collectively to map their supply chains across the entire value chain on a common digital platform, Transparency-One.
This interface guarantees each participant ownership, security and confidentiality of shared data.

And while it’s not usual for competitors to work together, the beauty industry hopes …

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