Coty Inc., a leading global beauty company headquartered in the United States, has established itself as a prominent player in the cosmetics, skincare, and fragrance industries since its founding in 1904. With a strong presence in North America, Europe, and Asia, Coty operates across various segments, including luxury, professional, and consumer beauty products. Renowned for its diverse portfolio, Coty offers unique brands such as CoverGirl, Clairol, and Calvin Klein Fragrances, catering to a wide range of consumer preferences. The company has achieved significant milestones, including strategic acquisitions that have bolstered its market position. Coty’s commitment to innovation and sustainability further distinguishes its offerings, making it a trusted name in the beauty sector.
How does Coty'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 Apparel Production 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.
Coty's score of 77 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Coty Inc., headquartered in the United States, reported total greenhouse gas emissions of approximately 882,500 kg CO2e for Scope 1 and about 1,597,000 kg CO2e for Scope 2 (market-based). The company's Scope 3 emissions were significantly higher, totalling approximately 801,548,000 kg CO2e. This includes emissions from categories such as purchased goods and services (about 605,197,000 kg CO2e) and upstream transportation and distribution (approximately 63,406,000 kg CO2e). Coty has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 GHG emissions by 50% from a 2019 base year by 2030, a target approved by the Science Based Targets initiative (SBTi). Additionally, the company plans to increase its annual sourcing of renewable electricity from 5% in 2019 to 100% by 2030. For Scope 3 emissions, Coty aims for a reduction of 28% within the same timeframe. Coty's emissions data is cascaded from its parent company, Coty Inc., which maintains a corporate family relationship. The company is committed to validating its Net Zero target by 2050 with the SBTi, reflecting its long-term dedication to sustainability and climate action.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 40,410,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 59,120,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 54,070,000 | 00,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
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.
Coty is participating in some of the initiatives that 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.