Cosnova GmbH, a prominent player in the cosmetics industry, is headquartered in Essen, Germany, with significant operations across Europe and beyond. Founded in 2004, the company has rapidly established itself as a leader in the beauty sector, particularly known for its innovative brands such as essence and CATRICE. Cosnova focuses on providing high-quality, affordable cosmetics that cater to a diverse audience, making beauty accessible to all. Their unique approach combines trend-driven products with a commitment to sustainability, setting them apart in a competitive market. With a strong emphasis on customer engagement and product development, Cosnova has achieved notable recognition, including multiple awards for product excellence. As a forward-thinking company, Cosnova continues to shape the future of beauty with its dynamic offerings and market presence.
How does Cosnova's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Cosnova's score of 20 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cosnova has set ambitious climate commitments aimed at significantly reducing its greenhouse gas (GHG) emissions. Although specific emissions data for the most recent year is not available, the company has established clear targets for the future. Cosnova aims to reduce its absolute Scope 1 and Scope 2 GHG emissions by 55% by 2032, using 2019 as the baseline year. Additionally, the company is committed to a 33% reduction in absolute Scope 3 GHG emissions, which encompass upstream transportation and distribution, business travel, and employee commuting, within the same timeframe. Furthermore, Cosnova has pledged that by 2027, 66% of its suppliers, measured by emissions from purchased goods and services and capital goods, will have science-based targets. Similarly, 90% of its customers, based on emissions from downstream transportation and distribution, will also be expected to have science-based targets by 2027. These commitments reflect Cosnova's dedication to aligning its operations with industry standards for climate action and contributing to global efforts to mitigate climate change.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cosnova is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.