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More than 85% of its products are made in Fair Trade Certified facilities.
By: Lianna Albrizio
October 2, 2024
ELF Beauty released its annual impact report detailing the actions and progress in supporting positive impacts for people, product and the planet across the company’s five brands: ELF Cosmetics, ELF SKIN, Keys Soulcare, Well People and Naturium.
“Our Impact Report reflects on what ELF Beauty has done to be bold disruptors with a kind heart,” said Tarang Amin, chairman and CEO of ELF Beauty. “We also use this as an opportunity to set new aspirations along with metrics for how we’ll hold ourselves accountable.”
ELF Beauty is the only publicly traded US company — out of roughly 4,100 — with a board of directors that is more than 78% women and 44% diverse;
More than 2,500 ingredients are excluded from their brands’ formulations to exceed FDA and EUCR restrictions. The US FDA only restricts 11 ingredients;
Responsible sourcing is an integral part of its operating model with more than 85% of its products made in Fair Trade Certified facilities;
The company has continued making progress on reducing its packaging intensity, estimating 400 tons of packaging to be eliminated per year through lightweight packaging;
ELF introduced two new commitments towards sustainable packaging, including for 50% of all plastic packaging to contain recycled content or responsibly sourced bio-based content by 2030; and
The company continued to meet its commitment for 100% renewable energy at its directly-managed sites and to meet reduction targets set for our Scope 1 and 2 emissions.
To encourage community engagement across ELF Beauty’s intentional and principled work, the company debuted a new corporate website in connection with the FY 2024 impact report.
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