The Responsible Mining Foundation has launched The Responsible Mining Index. This index, funded by the Dutch and Swiss government, is a ranking for the 30 biggest mining companies in the world, where they are ranked on environmental, social, economic, and governance issues.
The number of issues that are present in today’s cosmetics and personal care supply chains are many. Think of securing sufficient and sustainable supply, fighting fraud, compliance with laws and regulations, labour conditions or environmental impacts to name a few. Consumers are also getting more and more aware of these issues and demand change. This puts cosmetics and personal care companies under increasingly pressure to act.
Ingredients for cosmetics sometimes come from the strangest places. The mineral above is Mica, a natural mineral used in blusher, eyeliner, eye shadow, mascara, lipstick, foundation but also found in car paints. It is found in several parts of the world, among which India. The mica mines in the North-East part of the country deliver the very best quality. However, in India child labour is endemic and more than 75% of India’s mica mining is unregulated. This poses significant threats to producers of cosmetics who do not want to be linked with child labour in their supply chains.
Producers of cosmetics and personal care products are under growing pressure. Less raw material availability, unsustainable production, dependence on oil, rising costs, increasing health concerns and investor scrutiny are just some of the issues facing the cosmetics and personal care industry. Ingredients used in cosmetics and personal care products are coming under growing scrutiny.