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Ushering the economy towards a more circular, sustainable model, global brands such as L'Oréal and PepsiCo are striking up new partnerships aimed at initiating change both at home and abroad, proving that there is indeed strength in numbers. L'Oréal and SUEZ have joined forces to improve environmental performance and optimize resource management throughout L'Oréal's value chain, while PepsiCo has developed a new Science-Based Target Initiative-approved target for GHG emissions.

A partnership between global customs and logistics company UPS and TerraCycle has reached a major milestone - by transforming hard-to-recycle items such as toothpaste tubes and snack bags into new products, the two organizations have diverted 40 million pounds of waste from landfills since 2012. TerraCycle has been utilizing UPS's expertise and technology solutions to scale its global recycling programs and customer base, which has allowed the company to turn 3.5 billion pieces of waste into useful products such as trash cans and park benches.

In an unprecedented move for the industry, Clarins Fragrance Group is blazing new transparency trails, with brands MUGLER and AZZARO committing to produce perfume alcohol in a way that meets rigorous environmental and social requirements under a groundbreaking "made in France" program. The key aim of the "responsible alcohol" project is to promote biodiversity in agricultural practices. Other benefits of the program include local production, which will create a short circuit between harvest and transformation sites.