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Coty Inc., a prominent player in the wearing apparel and furs industry, is headquartered in the United States. Founded in 1904, Coty has established itself as a leader in beauty and fashion, with a diverse portfolio that includes fragrances, cosmetics, and skincare products. The company operates globally, with significant presence in North America, Europe, and Asia.
Coty is renowned for its innovative approach to beauty, offering unique products that cater to a wide range of consumer preferences. Its commitment to sustainability and inclusivity sets it apart in a competitive market. Over the years, Coty has achieved notable milestones, including strategic partnerships and acquisitions that have enhanced its market position. With a focus on quality and creativity, Coty continues to shape trends in the wearing apparel and furs sector, solidifying its reputation as a trusted name in the industry.
+44 vs industry average
Coty’s score of 78 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Apparel Production has below-average carbon intensity
The Apparel Production industry has reduced its overall emissions by 24% since 2018
Scope 3 accounts for ••• of total emissions.
Coty's latest reported emissions for 2024 totalled approximately 820 million kg CO2e. This included Scope 1 emissions of 8.8 million kg CO2e, Scope 2 emissions (market-based) of 1.6 million kg CO2e, and Scope 3 emissions of 801.5 million kg CO2e.
Looking back, Coty's emissions have varied. In 2019, the company reported a total of approximately 1.14 billion kg CO2e, comprising Scope 1 emissions of 20.86 million kg CO2e, Scope 2 emissions (market-based) of 36.94 million kg CO2e, and Scope 3 emissions of 1.04 billion kg CO2e.
Coty has ambitious climate commitments, with Science Based Targets initiative (SBTi) approved targets. The company aims to reduce absolute Scope 1 and 2 GHG emissions by 82% by FY2030 from a FY2019 base year. For Scope 3 emissions, Coty commits to a 28% absolute reduction by FY2030 from a FY2019 base year, specifically targeting purchased goods and services, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, and end-of-life treatment of sold products.
Additionally, Coty is committed to achieving net-zero greenhouse gas emissions across its entire value chain by FY2050. This long-term net-zero target includes a 90% absolute reduction in Scope 1, 2, and 3 GHG emissions by FY2050 from a FY2019 base year. The company also aims to increase its annual sourcing of renewable electricity to 100% by FY2025 and maintain this through FY2030.
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2050
90% reduction in Scope 1
Coty Inc. commits to reduce absolute scope 1 GHG emissions 90.0% by FY2050 from a FY2019 base year.
2050
90% reduction in Scope 2
Coty Inc. commits to reduce absolute scope 2 GHG emissions 90.0% by FY2050 from a FY2019 base year.
2030
82% reduction in Scope 1
Coty Inc. commits to reduce absolute scope 1 GHG emissions 82.0% by FY2030 from a FY2019 base year.
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Common questions about Coty’s sustainability data and climate commitments
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