Consortium Formed for Green Impact Index
Multinational Consortium Formed to Promote Pierre Fabre's "Green Impact Index"
25 economic actors representing more than 1,000 institutions are joining forces to develop an "Environmental and Social Impact Labelling Proposal" for cosmetic and health products.
Green Impact Index with Contributions from Independent Consultants and an Academic Institution
The collective community of companies brought together in the consortium and comprising 25 economic actors is preparing to establish a methodology that will label the environmental and social impacts of cosmetic and health products.Pierre Fabre Group's Version to Be Used
The methodology will be created with an AFNOR Classification proposal that will be coordinated by AFNOR Standardization and revised to make it usable on the widest possible scale. It will be based on the first version of the Green Impact Index, which was launched by Pierre Fabre Group in June 2021 and currently covers more than 2,700 products on the international market. The methodology, targeted for completion by the end of the second quarter of 2023, will become accessible to all companies, from small businesses to large international groups, willing to simply measure, improve and display the social and environmental impacts of care and health products in a standardized and jointly developed framework with AFNOR Classifications.A Highly Reliable Application
The reliability of the Green Impact Index is based on its use of official standards and benchmarks for environmental and social design. This index, which covers a broad range of care and health products ranging from cosmetics to food supplements and family health, has advantages such as integrating both ecological and social impacts of products, adopting a more global approach than Life Cycle Assessment (LCA) of products, and integrating criteria based on official labels and standards.What Does AFNOR Classification Mean?
AFNOR Classification is a reference document prepared by a group of stakeholders under the management of AFNOR Standardization. The time required to prepare the document is generally short (between 3 to 6 months). An AFNOR Classification has a lifespan of 3 years, a timeframe during which the Classification can prove its value and serve as the foundation for the development of an international standard.Advertisement
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