February 20, 2014
Recent commitments from L’Oréal, Unilever, Johnson & Johnson and P&G to phase microbeads out of their products by (or before) 2017 is laudable and a good step forward. This news responds to scientific research linking the tiny, polystyrene balls to Great Lakes pollution.
Meantime, “ban the bead” laws are taking shape in California and New York. Like the manufacturers’ phase-outs, it will take years for the ban law, if passed, to go into effect.
Together, these news items have me wondering:
- Could our sustainability and government leaders be doing more, faster?
- And if companies do decide to act faster, with some short-term financial hit, will investors and consumers support them for doing the right thing in the long-term?
I think these questions deserve a closer look because of the bigger picture. The answers can either support — or hinder — climate action that’s getting underway by the Obama administration and leading U.S businesses.
These questions come from a place of examining what’s possible for forward-looking brands that are already committed to sustainability. It bears repeating that all of the brands in the microbead discussion already are sustainability leaders in their industries. Obviously, global manufacturing supply chains can’t be turned off overnight. But when necessity demands it, such as the 1982 Tylenol recall, things can happen very quickly.
So if CVS is truly a game-changer for health reasons, it opens the door for other forward-looking brands to take faster, bolder action for environmental and natural capital reasons as well. Making the decision to phase out an ingredient, while important, doesn’t stop the clock on the harm being done. The longer we wait, the more microbead pollution will go through wastewater treatment facilities, enter waterways, affect that water body’s ecology, and be consumed by fish, then by people. Each of these steps arguably has some amount of harm associated with it.
It strikes me that change can only happen today. That’s true for any choice we make as individuals, as citizens, and as business owners, to protect and restore the environment. So why not start stretching the bounds of what’s possible, sooner, as a better way of doing business?
For now, it remains to be seen how consumers and investors will respond to CVS’ “no smokes” announcement, and if any other retailers will follow their lead. And on the microbead side, how will consumers respond to the news? Will they shift to a brand’s other products that don’t contain the beads? Would they be open to guidance from manufacturers to do so?
I’m betting that, as it become more normal for companies to make bold pro-health and pro-environmental choices, these decisions will be rewarded by investors and consumers. I’d back this up by pointing to cross-sector collaborations such as the Net Positive group, the Bioplastic Feedstock Alliance and Sustainable Apparel Coalition — they’re finding that working together with industry and nonprofit peers, for bigger global benefit, is good business, too.
Our responsibilities in life and business don’t end at the factory wall. That’s where they begin. It’s time for big sustainability actions to be the norm for business-forward action, instead of the exception.
Here’s hoping the CVS Effect is just getting started.Posted by in Green Business - (0 Comments)