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UEBT’s annual conference to explore value in ethical sourcing

Now in its eighth edition, the ‘Beauty of Sourcing with Respect’ conference, organized by the Union for Ethical BioTrade (UEBT) on 26 May 2016 in Paris will explore how companies are creating brand value through ethical sourcing of biodiversity.

Leading brands like Natura Cosmetics, Weleda, Lush and Body Shop will be sharing their experiences and presenting their new strategies for the years ahead. A panel of experts will discuss how attention for ethical sourcing of biodiversity has changed over the last ten years, and what lies ahead. The panel discussion will be supported by new research results - including the UEBT Biodiversity Barometer amongst 7,000 consumers in seven countries - and interviews with various company representatives.

The research conducted by UEBT over the last eight years shows growing consumer awareness of biodiversity as well as a clear expectation for business to respect biodiversity,” says Rik Kutsch Lojenga, UEBT’s Executive Director.

A fundamental shift for companies engaged in biodiversity-based innovation are new national laws triggered by the UN Nagoya Protocol, adopted in 2014. These laws require companies to obtain approvals and negotiate benefit sharing before conducting R&D on a country’s biodiversity. Representatives from Nestlé, L’Oréal, Beraca, will subsequently share the practical experiences in going through specific Access and Benefit Sharing (ABS) procedures and negotiations.

More information here: http://ethicalbiotrade.org/bsr2016/

© 2016 - Brazil Beauty News - www.brazilbeautynews.com

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