Amika
Amika is owned by the private equity firm Bansk Group. Read more about our approach to evaluating these kinds of companies here.
Our initial research into Amika looked promising: A certified B-corp company with some legit climate goal and packaging efforts. But with Hilde evaluations, we go deep AND wide. Sometimes that means a promising company may end up missing the mark on some issues that matter. That’s what happened in this case. Because we prioritize ingredient safety as a critical issue in our company ratings, Amika ended up scoring lower than we expected. We also found some gaps in other areas, particularly when it comes to people benefits and workers in their supply chain. We’ll keep an eye on this one moving forward though and cross our fingers that they catch up to the leaders in their industry.
