SÃO PAULO, Brazil—Beraca, a global supplier of natural and organic ingredients from the Brazilian biodiversity, was recognized as member of the Union for Ethical BioTrade.
UEBT is a non-profit association that promotes the fair trade of ingredients from native biodiversity. Its members commit to gradually ensuring their sourcing practices promote the conservation of biodiversity, respect traditional knowledge, and assure the fair and equitable sharing of benefits all along the supply chain.
“The status of UEBT member is an important recognition and one more step on Beraca’s primary goal: developing the sustainable use and supply of ingredients from the Brazilian biodiversity following environmental, social and economic criteria," said Filipe Sabará, business director at Beraca.
From its adoption as a member of UEBT, Beraca starts a period of five years in which it will undergo periodic audits and must submit annual reports on the company’s progress towards full compliance to standards established by the association.
According to research conducted by UEBT, in Europe and the United States, 50 percent of consumers believe cosmetic companies should prove their acquisition of natural ingredients is carried out in an ethical manner and more than 85 percent would like to know more about the supplying practices used at the cosmetic sector.