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The Union for Ethical BioTrade (UEBT) and The International Natural and Organic Cosmetic Association (NATRUE) have signed a memorandum of understanding to help raise awareness of the importance of naturally sourced cosmetics products and the ethical trade of natural ingredients derived from biodiversity.
This collaboration reportedly will enhance the work of UEBT and NATRUE toward responsible supply chain management, transparency to consumers, and advancing international targets to halt biodiversity loss set by the United Nations Convention on Biological Diversity.
“If done in an ethical and sustainable way, sourcing from nature can really add value to biodiversity at a local level and help motivate its protection,” said Rik Kutsch Lojenga, executive director of UEBT, in a press statement.
NATRUE noted that as the popularity of natural and organic products grow, the need for ethical sourcing also grows. The memorandum of understanding will allow the two organizations to further collaborate, share insights and explore common opportunities and challenges.