TAGS: Natural/ Organic
According to a report commissioned by the Union for Ethical BioTrade (UEBT) an international non-profit organization, Asian consumers have an increasing awareness of the planet’s biodiversity and want to see companies protecting it. In fact, awareness is higher than that of consumers in the UK, US or Germany, with most Asian consumers having ‘heard of biodiversity.'
Positive Impact on People & Biodiversity
A majority of Asian consumers surveyed also feel that ‘companies have a moral obligation to assure they have a positive impact on people and biodiversity’ and most Asian consumers surveyed said they have more faith in brands ‘whose commitment to ethical sourcing biodiversity is verified by independent organizations.’
The data was published in the 2019 UEBT Biodiversity Barometer, an ongoing set of research that has spanned more than a decade and is updated annually. The Barometer has interviewed more than 68,000 consumers over 11 years, asking what they know and understand about biodiversity, and what they expect from brands. This year’s edition focused on consumer insights from four countries in Asia: China, Japan, South Korea and Vietnam. One major takeaway from the research has been that Asian consumer awareness of biodiversity has increased over the last decade.
The research was shared with company leaders at UEBT’s annual Beauty of Sourcing with Respect Conference held in Paris for 300 executives from the personal care, natural pharmaceutical, specialty food sectors and ABS policymakers.
Ensuring Livable Future
Dr. Cristiana Paşca Palmer, Executive Secretary of the UN Convention on Biological Diversity said “In line with our 2020 biodiversity targets, we see consumer awareness rising every year, including in Asia. Businesses must embrace conservation and sustainable use of biodiversity in response to consumer expectations on biodiversity, and assure a livable future for all. This is also is underpinned by the IPBES' 2019 Global Assessment Report on Biodiversity and Ecosystem services released earlier this month. It provides a fundamental baseline of where we are and where we need to go as a global community to reach the 2050 Vision of the UN Biodiversity Convention of 'Living in harmony with nature”.
An additional highlight of the Biodiversity Barometer is that young people aged 16 to 24 are the best informed about biodiversity. In this year’s Asia surveys, most young consumers said buying products that respect people and biodiversity makes them feel good (compared to 55+ years old). This is particularly true in China, where the vast majority of young people experience this feel-good factor. Asian youth are also seeking concrete actions from companies, with most saying that they ‘would like companies to inform me about the concrete actions they take to ensure they respect biodiversity and people when they source the natural ingredients use.’
Global Plan on Biodiversity
“We felt the time was right to dive deeper into consumers’ insights from Asia. In 2020, China will host the UN Summit on Biodiversity, which will define the global plan on biodiversity for the next decade. Chinese leadership in this major global event underscores the role that Asia has in protecting the world's biodiversity. This also means there is an opportunity for business to take concrete action to position their brands in Asian markets as leaders in sourcing with respect for people and biodiversity,” said Rik Kutsch Lojenga, UEBT’s Executive Director and a leading global expert on ethical sourcing.
As emerged previously in Western countries surveyed, UEBT’s research found a gap in consumer confidence related to a company’s actions: in other words, consumers have higher awareness of biodiversity and think it’s important, but they have lower confidence that companies are protecting biodiversity. In the 2019 report, South Korea and Japan showed 45 per cent confidence rates, somewhat in line with the findings in Western countries. Almost a quarter of Japanese respondents (24 per cent) said they don’t know if companies pay serious attention to biodiversity.
However, consumer confidence that companies are having a positive impact on biodiversity is much higher in Vietnam and China, with the majority of those surveyed feeling confident. Surveyed consumers in all countries have more faith in companies whose sourcing practices are verified.
“This latest Biodiversity Barometer report continues to encourage businesses to seize the opportunities offered by growing consumer awareness of biodiversity, including increasingly in Asian markets,” concluded Dr. Paşca Palmer.
Source: UEBT