Coty
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Coty's score of 33 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Coty's reported carbon emissions
Coty Inc., headquartered in the United States, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, Coty has established clear targets for the future. The company aims to reduce its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 50% by 2030, using 2019 as the baseline year. Additionally, Coty is committed to increasing its annual sourcing of renewable electricity from approximately 5% in 2019 to 100% by 2030. Furthermore, Coty has set a target to reduce its absolute Scope 3 GHG emissions by 28% within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The company’s commitment includes biogenic emissions and removals from bioenergy feedstocks, reflecting a comprehensive approach to its climate strategy. Coty is actively working towards these goals, demonstrating its dedication to sustainability and climate action in the consumer durables sector.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 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.
