Avon Products, Inc.

Avon Products, Inc., a US-based company in the Chemicals nec industry, reported total greenhouse gas emissions of approximately 285.7 million kg CO2e in 2024. This figure includes about 10.2 million kg CO2e from Scope 1 emissions, 19.7 million kg CO2e from Scope 2 market-based emissions, and 236.1 million kg CO2e from Scope 3 emissions.

In 2023, the company's total emissions were approximately 410.2 million kg CO2e, comprising about 12.6 million kg CO2e in Scope 1, 24.8 million kg CO2e in Scope 2 (market-based), and 372.9 million kg CO2e in Scope 3. Looking back to 2022, total emissions stood at around 583.6 million kg CO2e, with Scope 1 at approximately 13.5 million kg CO2e, Scope 2 (market-based) at about 27.2 million kg CO2e, and Scope 3 at roughly 542.9 million kg CO2e.

Avon Products, Inc. has demonstrated a commitment to reducing its carbon footprint. Between 2005 and 2020, the company surpassed its target of a 20% reduction in Scope 1 and 2 carbon emissions, achieving over a 30% reduction from its 2005 baseline. In the period from 2020 to 2021, Avon International reduced its Scope 1 and 2 emissions by 4.6%. Specific regional achievements include a 14% reduction in Scope 1 and 2 emissions in the Philippines and a 16% reduction in South Africa between 2020 and 2021.

The company has set a long-term goal to achieve net-zero emissions by 2050 for Scope 1 and Scope 2, aligning with Science Based Targets initiative (SBTi) criteria to help limit global warming to 1.5°C above pre-industrial levels. This net-zero commitment was established in 2023.

While Avon Products, Inc. discloses its own emissions data, its climate initiatives, including SBTi and Race to Zero (RTZ) targets, are cascaded from its ultimate parent, Natura &Co Holding S.A.