THE WHAT? A.S. Watson Group has become one of the first health and beauty retailers to sign up to New Plastics Economy (NPE) Global Commitment, in a bid to reduce plastic waste.
THE DETAILS The company has also taken a Group membership with the Roundtable on Sustainable Palm Oil (RSPO).
According to a press release, the group has been working on driving its sustainability accountability and has undertaken a range of initiatives across different markets to strengthen two core goals of its 2030 Group Sustainability Roadmap – better waste management and more responsible Own Brand products.
Part of its plans include working towards a complete ban on PVC by 2030, and will aim to do this by ‘joining forces with its business units to eliminate unnecessary plastic and to help reduce plastic pollution at the source.’
The company has also committed to using more sustainable palm oil, and is reviewing its whole Own Brand portfolio to identify other brands that can be added to its commitment by the end of 2021.
Malina Ngai, Group COO of A.S. Watson Group and CEO of A.S. Watson (Asia & Europe), said, “A.S. Watson is proud to enhance public awareness on sustainability issues by supporting two new important environmental initiatives. We are delighted to take the lead in our industry to become the first health and beauty retailer to join the New Plastic Economy Global Commitment. We hope that more retail groups can also make these meaningful pledges so that together we can make our planet more sustainable.”
THE WHY? With environmental issues being a growing concern for consumers, companies are increasingly engaging with new initiatives in order to highlight their pioneering efforts in this field.
Ngai continued, “We know our customers are increasingly aware of sustainability issues and therefore expect their chosen brands to share the same values as they do. As the world’s largest international health and beauty retailer, we feel it is our responsibility to do MORE, so we are making a commitment to create a more sustainable environment and offer more sustainable product choices to our customers.”