Avon Products, Inc.

Avon Products, Inc.'s reported carbon emissions

In 2024, Avon Products, Inc. reported total carbon emissions of approximately 285.7 million kg CO2e. This figure includes Scope 1 emissions of about 10.2 million kg CO2e, Scope 2 emissions of approximately 19.7 million kg CO2e (market-based), and significant Scope 3 emissions totalling around 236.1 million kg CO2e. The Scope 3 emissions encompass various categories, including purchased goods and services (approximately 142.2 million kg CO2e) and the use of sold products (about 788.7 million kg CO2e). Avon has made notable strides in reducing its carbon footprint. The company surpassed its 2020 target of a 20% reduction in Scope 1 and 2 emissions, achieving over a 30% reduction from its 2005 baseline. In 2021, Avon further reduced its Scope 1 and 2 emissions by 4.6%, saving over a thousand metric tonnes of carbon. Additionally, in specific regions like the Philippines and South Africa, Avon achieved reductions of 14% and 16% in Scope 1 and 2 emissions, respectively. Looking ahead, Avon has committed to reaching net zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi) criteria to help limit global warming to 1.5°C above pre-industrial levels. This commitment reflects Avon's ongoing dedication to sustainability and climate action as part of its corporate responsibility strategy. The emissions data and reduction targets are cascaded from Avon Products, Inc. as a current subsidiary of Natura &Co Holding S.A., which influences its climate initiatives and reporting.