HBW Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Conducting Plant Material R&D? Nagoya Pact Requires ABS Due Diligence

This article was originally published in The Rose Sheet

Executive Summary

The Nagoya Protocol on Access and Benefit Sharing comes into force this fall, as will an EU regulation instituting checks to ensure that firms conducting R&D on genetic resources are compliant with ABS laws in provider countries. With other countries around the globe developing their own legislation under the international treaty, cosmetics firms large and small must exercise due diligence, assessing their ingredient use and supply chains to avoid penalties and reputational damage.

You may also be interested in...



Cosmetics Industry Vulnerable As Nagoya Protocol Enters Into Force

Launching in October, the Nagoya Protocol on Access and Benefit Sharing and related legislation emerging around the globe will focus regulatory scrutiny on companies researching and developing plants and other genetic resources for commercial applications. The cosmetics industry could be a ready target, an expert says, urging firms to assess their supply chains and ensure that necessary ABS agreements are in place.

Global Biodiversity Pact’s Potential Impact On Personal Care Still Unclear

Six months after the adoption of the Nagoya Protocol – an international treaty conceived to help ensure fairness in the way genetic resources are mined for research and development purposes – the extent to which the personal-care industry will be impacted is still not entirely clear.

DevaCurl Faces Multiple Class Actions As Latest Brand Linked To Hair Loss

The company maintains that its products are safe, but plaintiffs in proposed class actions allege it has knowingly put consumers at risk of hair loss and other injuries. DevaCurl’s troubles escalated quickly after a former brand ambassador went viral with a 31 January video urging consumers to stop using DevaCurl products and adopt safer alternatives.

Related Companies

UsernamePublicRestriction

Register

RS019169

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel