Solutions for Sustainable Consumer Goods

Sustainable products are responsible for more than half of the growth in consumer goods. Embrace the ESG transition to meet today’s sustainability imperative and future-proof your business.

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consumer-goods
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ESG Transparency Wins with Consumers

57

Change Habits

57% of consumers are willing to change their purchasing habits to help reduce negative environmental impact.

Linkedin
140

Sales Growth

$140.5B is the annual sales projection for sustainability-marketed consumer goods products by 2023.

Nielsen Global Corporate
78

Consumer Preferences

78% of consumers believe it is important that brands offer “clean” products, are sustainable, and verifiably environmentally responsible.

Fortune

It’s Time to Build Sustainability into your Business Model

  • Well-known brands have staked out leadership positions in ESG
  • ESG is moving from a qualitative, values-based narrative to a metrics-driven approach
  • Investors, consumers, and key stakeholders are looking critically at environmental impact

Book a 1:1 Intro

Schedule time to discuss the ESG opportunity for your company.

Drive Positive Brand Impact

Wherever you are on your sustainability journey, Good.Lab can help you shift to a metrics-driven approach of capturing, assessing, and benchmarking your ESG performance.

Food & Consumer Goods Industries

The problemESG SolutionsOutcomes
Knowledge Gap
  • How do we get started with ESG?
  • Which ESG areas matter most to our business?
  • What are our peers and competitors doing?
  • What goals and targets should we set?
  • What is our plan for taking action?
  • ESG Impact Area Prioritization
  • Materiality Assessment
  • Stakeholder Mapping
  • Industry Benchmarking
  • Stakeholder Engagement
  • ESG Roadmap / Action Plan
  • Increased Sales
  • Long Term Business Resilience
Resource Intensive
  • Global production of food and consumer goods accounts for 60% of greenhouse gas (GHG) emissions and 80% of water usage.
  • 87% of material used to manufacture clothing ends up as waste.
  • Only 1/3 of suppliers are taking action and engaging with their supply chains — 2% less than in 2019.
  • ESG Value Creation Strategy
  • Product Circularity Strategy
  • Supplier Performance Engagement
  • Higher Quality Products
  • Stronger Customer Relationships
Poor Data Visibility
  • Are we making progress in high priority areas?
  • Are we on track to hit our ESG targets?
  • Are we optimizing our investments, and achieving the right return in improved performance?
  • How can we gather data more efficiently?
  • Are we reporting the right content to customers and stakeholders?
  • ESG Progress Assessment
  • Target & Metric Definition
  • ESG Reporting
  • Target Gap Analysis
  • ESG Metrics Calculation
  • ESG Performance Dashboard
  • Quantifiable Positive Impact
  • Enhanced Consumer Confidence
  • Top ESG Performance

Sustainable Consumer Goods Brands Lead with Quantifiable ESG Targets

Apparel, Footwear & Accessories

Target: Supplier Performance Management

Target has an ESG target for 100% of its strategic business partners to rate its purchasing practices at 4 stars or above on the Better Buying Supplier Survey.

See report

Nike: Climate & Energy

Nike has an ESG target to reduce its carbon footprint by 2030 through Science-Based Targets, with an absolute reduction of Scope 1 and 2 emissions by 65% and Scope 3 emissions by 30%.

See report

The North Face: Materials, Waste, & Circularity

The North Face has an ESG target to use only single-use plastic packaging and 100% responsibly sourced apparel fabrics by 2025.

See report

Food & Beverage

Chipotle: Diversity, Equity, & Inclusion

Chipotle has an ESG target for its Supplier Diversity program to identify opportunities for minority owned businesses to increase access to sourcing opportunities by 2021 and develop a method to measure amount paid annually to minority-owned businesses by 2022.

See report

Horizon Organic: Community Relations

Horizon has an ESG target $15 million fund allocated through 2030 to offer low and no-cost loans to community farmers so they can choose the tools, technology, and training that will help them cut carbon footprint on their farms.

See report

JBS Foods: Biodiversity & Land Use

JBS has an ESG target to achieve zero deforestation across its global supply chain by 2035 and eliminate illegal Amazon deforestation from its supply chain – including the suppliers of its suppliers – by 2025.

See report

Home Goods & Décor

IKEA: Materials, Waste, & Circularity

Ikea has an ESG target for all its products to be 100% circular and aims to use only renewable or recycled materials by 2030.

See report

Avocado Mattress: Materials, Waste, & Circularity

Avocado has an ESG target to achieve Zero Waste to Landfill certification by recycling more than 90% of its waste and to repurpose materials from returned products.

See report

Brooklinen: Transparency

Brooklinen’s direct-to-consumer business model emphasizes supply chain transparency to reduce carbon emissions and textile waste.

See report

Consumer Electronics

Apple: Data Security & Customer Privacy

Apple has an ESG target to keep customers in control of their data and shield them from malware with added layers of security and App Store protections.

See report

Logitech: Climate & Energy

Logitech has an ESG target to achieve Net Zero by 2030 and will evolve its operations to reduce carbon further, and by 1/2 of its baseline emissions.

See report

Bose: Ethics & Code of Conduct

Bose has an ESG target to mature its existing program and commitment to the Responsible Business Alliance (RBA) Code of Conduct, which articulates a set of standards on social, environmental, and ethical practices.

See report

Cosmetics & Luxury Goods

Estée Lauder: Biodiversity & Land Use

ELC has an ESG target for at least 90% of its palm-based ingredients (palm oil and its derivatives) certified as sustainable from RSPO physical supply chains by 2025.

See report

Kao Corporation: Climate & Energy

Kao has an ESG target to be carbon zero by 2040 and carbon negative by 2050 and is transitioning to 100% purchased renewable electric power to accelerate decarbonization.

See report

Sephora: Product Marketing & Labeling

Sephora has an ESG target to increase the number of products with ingredient information on Sephora.com from 98.0% to 99.8%.

See report

Good.Lab ESG Areas of Focus

Environemental

  1. Climate & Energy
  2. Materials, Waste, & Circularity
  3. Water
  4. Toxic & Hazardous Materials
  5. Biodiversity & Land Use

Social

  1. Diversity, Equity, & Inclusion
  2. Human Rights & Labor Practices
  3. Health, Safety, & Wellbeing
  4. Community Relations
  5. Product Marketing & Labeling

Governance

  1. Corporate Accountability
  2. Risk Management
  3. Supplier Performance Management
  4. Transparency
  5. Ethics & Code of Conduct
  6. Data Security & Customer Privacy
  7. Policy & Advocacy

Additional Features of Good.Lab

Experienced Operators

In-house experience in supply chain, manufacturing, strategy, finance, and sustainability

Quantitative Approach

Focused on measurable performance improvements through business-focused, data-driven methodology

Broad ESG Expertise

On-demand access to SMEs across environmental, social, and governance at leading companies

Book time with an ESG expert

Connect with a specialist from Good.Lab to explore opportunities to supercharge your ESG performance.

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