CHICAGO, Aug. 30, 2021 /PRNewswire-PRWeb/ -- Voyant Beauty, a leading value-added manufacturer of innovative beauty, personal care, home beauty, fragrance, and hotel cosmetics products to both established and fast-growing emerging brands, announced today the publication of its inaugural Environmental, Social, and Governance (ESG) Report, detailing the company's ESG strategy and performance.
"We are so excited to release our inaugural ESG report and to share our progress in helping to do what's right for our people, planet, product quality and safety, and further align our values with our most valued brand partners," said Richard McEvoy, CEO of Voyant Beauty. "As a fully integrated innovation solutions provider, Voyant Beauty is uniquely positioned to incorporate our ESG promise into all facets of our business, further setting us apart within the marketplace. I would like to thank our employees, brand partners, suppliers, and stakeholders for helping to power our pursuit of ESG excellence."
As one of the first large scale beauty and personal care manufacturers in the US to formalize and adopt a robust ESG strategy, as well as publish a yearly Progress Report, Voyant continues to differentiate itself as an innovation solutions provider that is deeply aligned with its customers' values and supply chain requirements.
David Stott, Managing Director with Windpoint Partners, added, "The initiatives we are undertaking at Voyant around ESG are not only timely, they are fundamental to building a lasting, valuable enterprise well into the 21st Century. We at Wind Point have prioritized this set of initiatives across our portfolio and are thrilled with the progress Voyant is making on behalf of all its stakeholders."
The inaugural report describes the critical ESG issues material to Voyant Beauty and affirms the Company's commitment to providing ethical and sustainable solutions that improve the lives of its employees, customers, and partners, while positively impacting the communities it serves.
Highlights of the ESG Report include:
- Launch of the semi-annual CEO Awards program for employee recognition, honoring achievements in innovation, safety, best overall site, quality, and individual/team performance.
- Issuance of official statement on Diversity, Equity and Inclusion to employees and public.
- Proactively developing 23 unique innovation formulation concepts rooted in sustainability trends like upcycling, waterless, concentrated, and bio based that were presented to all our customers.
- Offering brand partners latest sustainable packaging options, like dissolvable pod technology for beauty and care products that eliminates plastic waste and its impacts on oceans.
- Implementation of a network-wide Chemical Management Policy that includes a restricted substances list, phase-out planning for chemicals of concern, and a commitment to leverage our research and development capacity to identify safer alternative ingredients
Jamie Egasti, Chairman of the Voyant Beauty Board of Directors, expressed, "Sound governance practices as part of the growing focus on ESG is as important as ever. Action is critical, and I'm proud of Voyant for taking this initiative on. The integration of ESG throughout the rest of the business model—in such fundamental areas as governance, ethics, key activities, business relations and human resources—is key to both managing risks and protecting value, as well as identifying opportunities and value creation drivers."
The full report can be read here: https://www.voyantbeauty.com/our-values/
About Voyant Beauty
Voyant Beauty is a leading, full-service partner to the personal care and beauty industry serving customers at every stage of the brand lifecycle. Voyant Beauty was formed via the acquisitions of Vee Pak, Aware Products, Cosmetic Essence Innovations, and KIK Personal Care. Headquartered outside of Chicago, Voyant Beauty's integrated network of innovation and 14 manufacturing facilities delivers responsive solutions and increased speed to market. Additional information about Voyant Beauty can be found at http://www.voyantbeauty.com
Media Contact
Lorne Lucree, Voyant Beauty, +1 (732) 497-4803, [email protected]
SOURCE Voyant Beauty
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