Business development consultant Ron Myers explores the emerging importance and advantages of sustainability in aesthetic medicine and tips for starting out
As the daily news stories concerning
COVID-19 ease, the airtime given to
sustainability issues will arguably increase,
as the Government tries to implement
and enforce the targets that they have
committed to in relation to the 17 United
Nations Global Sustainability 2030 Goals.1
Certain sectors are already grappling with
huge consequences to their business
models, with the proposed gas boiler ban
in three years’ time followed by combustion
engines in 2030.2
When I was growing up, environmental
activism was almost exclusively known
as ‘green issues’ and was limited to a few
deeply committed organisations such
as Greenpeace, who were often not
represented in the best light in national
media. In the last few years however,
campaigners like Greta Thunberg have
mobilised a new generation of ‘young
activists’ to participate in school strikes and
rallies throughout cities in the UK and around
the world. Some of these demonstrations
have been aimed specifically at aspects of
the beauty and aesthetic sector, with a ‘Plastic
Free Beauty Day’ march on June 17 planned
for this year in London.3
The consumer can no longer ignore the
importance of sustainability and how their
daily lives and habits can affect the planet,
and this feeling is driving their behaviour.
Business owners working in the aesthetic
specialty must therefore think about this if
they want to compete in this sustainability
focused age.
Modern attitudes and adaptations
This is a significant shift from what consumers
wanted five or 10 years ago when the gold
standard for brands was to deliver a great
product or service. Now companies (large
and small) are expected to go much further to
stand for something beyond their products.
Beauty and aesthetic brands and companies
will increasingly have to prove that there is
a reason for their existence beyond profits,
one that contributes in some way positively to
the environment, to society, or to supporting
individual expression. This requires CEO
leadership, deep thought and a commitment
and focus on inward investment in both time
and money to address sustainability issues
relevant to that business. Ex Unilever CEO,
Paul Polman, is a case study worth reading on
what can be achieved over a decade whilst
also keeping shareholders happy.4
A recent study by the British Beauty Council
found that of 23,000 beauty shoppers, almost
half (48%) are looking for more information,
clarity and transparency about beauty brands’
values and commitments to the environment.3
In fact, the British Beauty Council has
launched a Sustainable Beauty Coalition with
a wide range of industry leaders (including
Boots) represented to address sustainability
issues, which has resulted in the publication
of a 48-page sustainability report called ‘The
Courage to Change’.The report highlights
compelling reasons for taking action noting
that ‘current industry efforts are too patchy
and uncoordinated’, and that the sector
‘must move together, from the smallest
independent, to the largest corporate brand’.5
In addition, they released a ‘Planet Positive
Guide’ aimed at the consumer, with a
headline stating that ‘our planet is in a
code red situation’.6
Within the guide they
highlight claims made by skincare brands
and educate consumers about how to avoid
‘greenwashing’ – where ‘green’ marketing is
used deceptively to persuade the public that
an organisation’s products, aims and policies
are environmentally friendly.
Even as far back as the 80s beauty business
like the Body Shop were championing
environmental and suitability causes. More
recently skincare powerhouses such as
L’Oreal (the largest skincare company in the
world) have joined the cause – with ‘We Fight
Climate Change’ emblazoned across their
website and commitments to sustainable
development goal targets including: ‘by 2030,
95% of our ingredients will be bio-based,
derived from abundant minerals or from
circular processes’ and ‘by 2025, 100% of our
plastic packaging will be refillable, reusable,
recyclable or compostable’.7
The pressure to incorporate sustainability
goals into future plans for companies quoted
on stock exchanges around the world is also
being driven by investment houses. In 2022,
Larry Fink, the CEO of Blackrock, the largest
investment management company in the
world managing over $7 trillion of funds,
wrote an open letter to CEOs warning them
about a fundamental reshaping of finance
in relation to climate change.8
Companies
can no longer ignore this subject as it is
becoming a greater determining factor in
deciding where huge sums of pension fund
moneys are invested with a resultant impact
on share price.
Smaller ‘disrupter’ companies are entering
the sector with claims that aim to resonate
with consumers such as ‘palm oil free’,
‘vegan’, ‘recyclable or refillable packaging’
and ‘sustainable ingredients’.
Embracing sustainability
In talking to practitioners, clinic owners
and suppliers in recent months, I think a
lot of inaction comes down to a lack of
understanding of what they can practically
do to make a difference, alongside a belief
that this subject is not yet an important
factor that their customers take into account.
Here are some ideas as to how you can
make your start towards a more sustainable
business in aesthetics.
Become more educated
The first step is to understand more about
sustainability issues and practices through
reading articles, books and watching videos
on YouTube (just type in sustainable business
ideas). There are also
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