LUMENE GROUP BECOMES A CERTIFIED B CORPORATION

September 19, 2024

News

Lumene Group, one of the leading Nordic beauty companies, is proud to announce that it is officially a Certified B Corporation™ (B Corp). This prestigious achievement emphasises Lumene Group’s
long-term commitment to social and environmental performance, accountability,
and transparency. As the first beauty company in Finland to achieve B Corp Certification,
Lumene Group stands alongside only six other certified B Corporations in the
country.

Certified B Corporations, or B Corps, are companies verified by B Lab to meet high standards of social and environmental performance and to have made a public commitment to stakeholder governance. Lumene Group is joining a leading global movement for a more equitable, inclusive, and regenerative economy. Two of the three Lumene Group brands, LUMENE and CUTRIN, are now B Corp certified. In the future, the Group aims to achieve full certification, including its newly acquired brand, IDA WARG Beauty.

“We at Lumene Group believe that businesses have an important role to play in supporting our environment and society. B Corp Certification amplifies our commitment to delivering tangible positive outcomes for all our stakeholders. We are proud of this milestone on our journey to build Lumene Group as the next big export success from Finland and even more excited about the journey ahead. Building on over 20 years of committed sustainability efforts by our teams, we are now ready to take a leading role in showing the world how circular beauty can catalyse positive change”, says Adrian Innergård, CEO at Lumene Group.

Pioneering circular beauty

The B Corp certification process evaluates every aspect of a business’s operations, focusing on five key impact areas: Governance, Workers, Community, Environment, and Customers. To achieve this certification, companies must score over 80 points and be verified by an independent, third-party analyst to demonstrate their responsible practices in areas like energy use, waste management, water consumption, diversity, ethics, and corporate transparency.

Lumene Group has achieved a score of 84.5 on their verified B Corp Assessment.

More than twenty years ago, Lumene Group launched its first upcycled ingredient, derived from a side stream of the food industry, paving the way as a pioneer in applying circular economy principles to the beauty business. Today, achieving B Corp Certification is a powerful endorsement of the Group’s journey to becoming a leading company in circular beauty.

“The B Corp certification offers consumers confirmation that when they buy a LUMENE or CUTRIN product, their purchase supports a company committed to creating high-performing beauty products that also consider communities and environment. As a B Corp, we are also proud to join a leading movement that supports a collective vision of an inclusive, equitable, and regenerative economy”, says Alain Mavon,VP of R&D and Sustainability at Lumene Group.

Becoming a B Corp has been achieved through a long-term and company-wide sustainability approach, guided by three core pillars:

Leading circular beauty: Lumene Group is committed to increasing the share of circularity across our value chain, respecting the limited resources of our planet.
Engaging in Climate action: Lumene Group strives to reduce our GHG emissions across the value chain while continuing to grow the business and continue to support wetland restoration to minimize the environmental footprint.
Promoting social responsibility: Lumene Groups ensures health and safety for everyone in the workplace, practise responsible sourcing and due diligence in the supply chain, and maintains a diverse, equal, and inclusive product portfolio and marketing communication.

Lumene Group is now part of a worldwide community of businesses determined to make a positive impact on people and the planet. They join 9,000+ Certified B Corps operating in 96 countries across the globe, representing 162 industries.