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Jamie Richards - Inside Bansk Beauty’s Regenerative Shea Project in Uganda
Manage episode 516165275 series 3554737
Jamie Richards, Director of ESG for Bansk Beauty's portfolio including Amika, Eva NYC, and Ethique, explains how sustainability is not just a value but a core business strategy. She details how Bansk’s "Five Goods" ESG framework guides their mission, creating what she calls "extended valuation" for each brand. Jamie shares how this high-level strategy is tailored to the unique identity of each brand—from Amika's deep engagement with the professional stylist community to Eva NYC's focus on accessible sustainability for the mass-market consumer.
The heart of the conversation explores Jamie's champion story: a groundbreaking regenerative agriculture project in East Africa. Frustrated by opaque beauty supply chains, Jamie’s team invested their climate transition budget into a direct-trade shea butter source in Uganda. This initiative not only provides a transparent, high-quality ingredient but also creates a dual income stream for the local collective through a carbon insetting model, a practice that directly invests in the company's own value chain. Jamie also discusses her work with Ethique, a brand so sustainable it presents the unique challenge of finding new ways to innovate. She offers practical advice for consumers on how to spot genuinely sustainable products, from looking for robust certifications like B Corp to checking for transparency on a brand's website.
Episode in a glance
- ESG at Bansk Beauty The Five Goods
- Consumer Demand and Brand Strategy
- The Regenerative Agriculture Project in East Africa
- Measuring Impact From Carbon Sequestration to Social Value
- The B Corp Certification Journey
- Navigating Greenwashing and Empowering Consumers
About Jamie Richards
Jamie Richards is the Director of ESG at Bansk Beauty, where she leads the integration of sustainability into the company's core business strategies. With a background in environmental policy and decision-making, she brings a unique blend of scientific knowledge, consumer insights, and business acumen to her role. Jamie is a passionate advocate for creating a more sustainable and ethical beauty industry.
Connect with Jamie Richards and her work:
LinkedIN → https://www.linkedin.com/in/richards-jamie/
Bansk Beauty Website → https://banskbeauty.com/
Amika → http://loveamika.com/
Eva NYC → http://evanyc.com/
Ethique → https://ethique.com/
Chapters
1. Introduction (00:00:00)
2. ESG at Bansk Beauty The Five Goods (00:02:25)
3. Consumer Demand and Brand Strategy (00:04:48)
4. The Regenerative Agriculture Project in East Africa (00:06:32)
5. Measuring Impact From Carbon Sequestration to Social Value (00:11:15)
6. The B Corp Certification Journey (00:20:02)
7. Navigating Greenwashing and Empowering Consumers (00:21:58)
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