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Redefining beauty through purpose, sustainability, and regeneration

Europe

Our summary

Davines Group is presenting regenerative business as the next stage of its purpose-led beauty strategy.

  • Davines moved from developing synthetic molecules and polymers toward naturally based ingredients that remove problematic derivatives while preserving or improving product performance.
  • The company became one of the first B Corp-certified beauty brands and helped launch the B-Corp Beauty Coalition, which now unites more than 50 companies.
  • B Corp recertification takes place every three years and requires progress across decarbonisation, circularity, biodiversity and water.
  • Over the past four years, Davines has removed more than 3,500 tons of beach and ocean plastic in Thailand, Indonesia, the Philippines and Brazil, with a target of 5,000 tons by 2030.
  • Davines aims to support the collection of an amount of plastic from the environment equivalent to every unit it places on the market, while a new foundation is expected to own part of the company alongside its B Corp operating business and an impact-focused family office.

Takeaway: Davines links long-term business resilience to purpose, measurable environmental action and governance that aligns profit, impact and philanthropy.

Published by Pictet Wealth Management. Summary by HF Best Ideas.

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