Partnerships and collaboration

partnerships and collaboration
We are actively working in partnership within and outside the Beauty industry to address the UN Global Compact principles collaboratively, and have joined and helped to found several initiatives:

United Nations Global Compact 
In 2015 we became signatories to the United Nations Global Compact (UNGC). We support the UNGC’s ten fundamental principles on human rights, labor, environment and anti-corruption. We are committed to embedding the principles into our company culture and operations. Over the last year, we have made good progress on key areas including:
 
  • Building internal awareness and understanding on how business decisions and operations have an economic, social and environmental impact;
  • Understanding stakeholder expectations on our responsibilities;
  • Implementing new tools and monitoring systems to harmonize and improve Environmental & Social Governance (ESG) data quality and reporting.
 
Our current and past Communication On Progress (COP) reports are available to read here.


AIM Progress 
In 2017, we joined the AIM-Progress Taskforce as part of our commitment to responsible and sustainable sourcing. AIM-Progress is a forum of fast moving consumer goods (FMCG) companies which aims to positively impact people’s lives through robust responsible sourcing practices and supply chains. By working with our peers across the FMCG industry we are able to share best practices in topics of sustainability common to our industry.


Responsible Mica Initiative (RMI)
In January 2017, we became one of the founding members of the Responsible Mica Initiative (RMI), a multi-stakeholder effort which aims to achieve a 100% sustainable mica supply chain over the next five years by eradicating child labor and unacceptable working conditions in the Indian mica supply chain.

Mica is a mineral found in many products across cosmetics, automotive and electronic industries and provides a sparkle or sheen. Mica naturally occurs in many countries around the world, however, in India mica mainly originates from the socially and economically challenged regions of Bihar and Jharkand, where the risks of child labor and unsafe working conditions are high.
 
As we use mica in a number of products, we have mapped our current sources of mica. While most of Coty’s sourcing of mica comes from other regions outside India, many of the remaining suppliers have engaged in the Responsible Mica Initiative and undergone a thorough traceability exercise as part of their member commitments. These will be visible to us in 2018. We are working with the remaining suppliers to map their supply using the tool developed by the RMI.
 
Through the RMI, we are committed to lending our voice and collaborating with major actors of the industry to improve sustainable sourcing practices, increase traceability and help diversify the income of local communities.


Roundtable for Sustainable Palm Oil
Recognizing the impact of the palm oil supply chain on human rights, biodiversity and the environment, Coty has become a member of the Roundtable for Sustainable Palm Oil (RSPO). Coty purchases palm oil derivatives which we use in a number of our products and we want to purchase from RSPO certified sources in future. To achieve this we intend to put in place a policy and plan in 2018. For more information, click here.  


SEDEX
We became a member of SEDEX in 2017. SEDEX, or Suppliers’ Ethical Data Exchange, is an online portal for storing suppliers’ self-assessment and audit documentation focused on the four pillars of:
 
  • Human and Labor Rights
  • Health & Safety
  • Environment
  • Business Integrity

We are using the SEDEX platform to manage the data resulting from 3rd Party ethical audits of those suppliers that are at higher risk of non-compliance to our Code of Conduct following our risk mapping exercise.

 
Responsible Beauty Initiative
In 2018, we co-founded the Responsible Beauty Initiative. We are working with Clarins, Groupe Rocher and L’Oréal to share and increase sustainable practices across the collective supply chain in Beauty with the aim of improving its environmental footprint and social impacts. The initiative aims to do this by:
 
  • driving a common understanding of sustainability performance across the industry;
  • sharing best practices and processes;
  • leveraging common tools to create efficiencies and benefits for suppliers.

The Responsible Beauty Initiative is built on a Corporate Social Responsibility (CSR) rating platform, operated by EcoVadis, as a common foundation for supplier assessment and interaction.

 
MORE ON OUR RESPONSIBLE GROWTH