Scope 3 in cosmetics: what “good enough” data actually means

Tori Hoffmeister of Colgate-Palmolive, Matthias Maase of BASF, Francesco Davila Alotto of Givaudan and Alexandra Florea of Medik8 talk with Innovation Forum's Ian Welsh about how the cosmetics and personal care sector is tackling scope 3 emissions. They discuss why full life-cycle assessments aren’t always necessary to make progress, how mass balance accounting is becoming a more workable path to real reductions, and why BASF estimates a 24 million tonne gap between its customers’ near-term targets and where they currently stand.