Personal care ingredient makers P2 Science and Biosynthis are among 13 companies chosen by L’Oréal to join its inaugural sustainable innovation accelerator programme, L'AcceleratOR.
Endowed with €100m ($116.5m) over five years and run in partnership with the University of Cambridge Institute for Sustainability Leadership (CISL), L’AcceleratOR aims to be a catalyst for scalable sustainable solutions of the future to solve the most urgent challenges in climate, nature, and circularity.
After reviewing nearly 1,000 applications from 101 countries across four categories - next-generation packaging & materials, nature-sourced ingredients, circular solutions, and data intelligence – 13 companies have been picked to enter an intensive support phase led by the CISL innovation team, focusing on pilot readiness.
The full list is as follows.
Nature-sourced ingredients
· Biosynthis (France): Crafting renewable and biodegradable raw materials.
· P2 Science (USA): Bringing green chemistry and bio-sourced materials to the market
· Oberon Fuels (USA): Converting wood and pulp waste into renewable ingredients for spraying formulas.
Next-generation packaging & materials
· Kelpi (UK): Harnessing seaweed to create recyclable, low-carbon packaging.
· Bioworks (Japan): Producing novel bioplastics derived from sugarcane and other plant-based materials.
· Blue Ocean Closures (Sweden): Creating fiber-based caps and lids as an alternative to plastic packaging tops.
· Pulpex (UK): Developing the next generation of recyclable paper bottles.
· PULPAC (Sweden): An innovation company in low-carbon, paper-based packaging processes.
· RAIKU (Estonia): Turning natural wood into high-end, shock-absorbing protective packaging.
Circular solutions
· Novobiom (Belgium): Using the natural power of fungi to turn complex waste into high-value products.
· REPLACE (France): A single-step technology that transforms complex and multi-layer waste into durable new items.
· Gàs Verde (Brazil): Producing biomethane to replace fossil fuels in industrial processes and transportation.
Data intelligence
· Neutreeno (UK): A digital system to help companies calculate and cut emissions in their supply chains.
In addition to the intensive support phase, the 13 partners will also have the opportunity to gain access to L'Oréal's global resources to launch six-to-nine month pilot projects and potentially have their solutions scaled across the group’s international operations.
“To accelerate sustainable solutions to market, we are being even more intentional and inclusive in our pursuit of partnerships through L’AcceleratOR,” said Ezgi Barcenas, Chief Corporate Responsibility Officer, L’Oréal.
CISL chief innovation officer James Cole added: “By identifying the most promising scalable solutions benefitting people, nature and climate, and elevating them to world stage, we are making a sustainable future not just a goal, but a reality.”
