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Avon Shareholders Say No To Safer Cosmetics

May 10, 2013: 12:00 AM EST
Avon Products, Inc. shareholders rejected a proposal filed by Green Century Equity Fund asking the cosmetics company to remove hazardous chemicals from its products, according to a report from the U.S. Securities and Exchange Commission. Campaign for Safe Cosmetics said the request called on Avon to use safer alternatives in lieu of hazardous ingredients. Although Avon has taken steps to remove dangerous chemicals from its cosmetics, the company's products still contain chemicals that are linked to cancer and chemicals that reportedly have adverse effects on hormones.
Laurie A. Henry and Madeleine McDonough, "Avon shareholders reject request to “ditch toxic cosmetics”", Lexology, May 10, 2013, © Globe Business Publishing Ltd
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