Amorepacific Group is a South Korean beauty conglomerate behind brands such as Sulwhasoo, Laneige, Innisfree, Etude, Tata Harper, and COSRX. The company remains majority controlled by its founding family and Korean institutions, with global asset managers like Vanguard holding small, non-controlling stakes through index funds. Amorepacific positions itself as a sustainability leader, earning CDP “A-List” scores for climate and water and reporting high RSPO coverage for palm oil, while also investing in renewable energy across its operations. However, its policy allows animal testing “where required by law,” leaving products sold in markets such as China outside cruelty-free standards.
Amorepacific is currently facing boycott calls due to its financial ties to Vanguard, a major shareholder whose portfolio includes companies complicit in Israeli occupation and military activity. While there is no evidence that Amorepacific itself operates in Israel or the occupied Palestinian territories, the indirect association through shared investors has fueled consumer campaigns, particularly within Palestine solidarity networks.
Skin1004