Nu Skin Releases 2023 Social Impact and Sustainability Report
14 Mai 2024 - 10:10PM
Business Wire
Report highlights the beauty and wellness
brand’s global social impact and sustainability achievements
Nu Skin, a global leader in beauty and wellness, today released
its 2023 Social Impact and Sustainability Report. The report
outlines progress on the company’s environmental and social
priorities, including its sustainability commitments and global
giving efforts.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240514507419/en/
2023 Nu Skin Social Impact and
Sustainability Report (Photo: Business Wire)
“Nu Skin was built on a strong legacy of being a global force
for good and today this purpose is more important than ever,” said
Ryan Napierski, Nu Skin president and CEO. “While we celebrate our
achievements from last year and are proud of the progress we have
made, we realize we still have work to do as we look to further
enhancing our efforts and continuing to have a great impact on
those in need. We are committed to being a force for good, ensuring
that the Nu Skin legacy is not only about empowering entrepreneurs,
but also about helping children and leaving a better planet for
future generations.”
The Nu Skin Force for Good Foundation is the heart of the
company’s mission. The nonprofit foundation has worked for more
than 25 years to help children around the world in more than 50
countries. The Foundation supports numerous health and wellness
projects that benefit hundreds of thousands of children. It also
aids the preservation of more than 1.4 million acres of natural
habitats to better the planet for future generations.
Highlights from the 2023 Social Impact and Sustainability Report
include:
Social Impact
- Donated more than $6.8 million globally to causes around the
world, including projects supporting conservation efforts and
children-related causes.
- Since 1999, more than 30,000 heart surgeries have been
performed through the Greater China and Southeast Asia children’s
heart funds, with more than 600 of those surgeries taking place in
2023.
- Nu Skin conducted global service projects with more than 4,000
volunteers benefitting people throughout the world.
- Partnerships with employees, brand affiliates, and charity
partners in more than 40 markets around the world made a difference
with Force for Good projects on every continent except
Antarctica.
- Nu Skin’s family of brand affiliates, customers, and employees
purchased and donated 33 million meals to children in more than 12
countries including Malawi, Mainland China, Mexico and others
through the company’s for-profit Nourish the Children initiative.
To date, more than 800 million meals have been purchased and
donated to children through the initiative since 2002.*
Sustainability
- Achieved our 2023 sustainability commitment to assess, score,
and make plans to improve the environmental impact score of 100% of
our products.
- Reduced 40 tons of plastic and 12.5 tons of paper as a result
of environmental initiatives.
- Achieved RSPO sourcing for 100% of the palm and palm-derived
ingredients for our personal care products using a combination of
the Roundtable Sustainable Palm Oil (RSPO) mass balance and book
and claim models.
- Opened a new state-of-the-art manufacturing facility in
Shanghai, China using smart and autonomous systems fueled by
real-time data analysis and machine learning. The Shanghai location
was constructed in accordance with green building standards,
maintaining a high production capacity while conserving energy and
reducing water consumption.
- Continued to make progress on product-related sustainability
commitments, including making all product packaging recycled,
recyclable, reusable, reduced or renewable by 2030.
Corporate Social Responsibility Awards
- Received 20 awards for sustainable products, business
excellence, social impact and sustainability efforts, including
honors from Global Green Beauty, Communitas and Pure Beauty
Awards.
To learn more about Nu Skin's social and environmental impact
efforts, visit
https://www.nuskin.com/content/nuskin/en_US/forceforgood/home.html
About Nu Skin Enterprises, Inc.
The Nu Skin Enterprises Inc. (NYSE: NUS) family of companies
includes Nu Skin and Rhyz Inc. Nu Skin is an integrated beauty and
wellness company, powered by a dynamic affiliate opportunity
platform, which operates in nearly 50 markets worldwide. Backed by
40 years of scientific research, the company's products help people
look, feel and live their best with brands including Nu Skin®
personal care, Pharmanex® nutrition and ageLOC® anti-aging, which
includes an award-winning line of beauty device systems. Formed in
2018, Rhyz is a synergistic ecosystem of consumer, technology and
manufacturing companies focused on innovation within the beauty,
wellness and lifestyle categories.
* Nu Skin is a for-profit distributor of nutritional and skin
care products and is traded on the New York Stock Exchange (NUS).
Nourish the Children is an initiative of Nu Skin and is registered
in some states as a commercial co-venture. The initiative enables
Nu Skin’s Brand Affiliates and customers to purchase VitaMeal from
Nu Skin and donate it to charitable organizations to help solve the
complex world problem of feeding malnourished children. The price
of VitaMeal includes the cost of manufacturing, general overhead,
distribution and sales. As is the case with other Nu Skin products,
Brand Affiliates are paid commissions and Nu Skin earns a profit
margin from each sale of VitaMeal.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240514507419/en/
Media: media@nuskin.com, (801) 345-6397 Investors:
investorrelations@nuskin.com, (801) 345-3577
Nu Skin Enterprises (NYSE:NUS)
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