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.
+45 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.
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Industry Intensity
Apparel Production has below-average carbon intensity
Industry performance
The Apparel Production industry has reduced its overall emissions by 24% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Coty's reported carbon emissions
Coty, a company in the wearing apparel and furs industry headquartered in the US, has reported its carbon emissions across various scopes. For the fiscal year 2024, the company's total absolute emissions were approximately 818.9 million kg CO2e. This figure includes Scope 1 emissions of about 8.8 million kg CO2e, Scope 2 emissions (market-based) of approximately 1.6 million kg CO2e, and significant Scope 3 emissions totalling about 801.5 million kg CO2e. Within Scope 3, purchased goods and services represented the largest contributor, accounting for roughly 605.2 million kg CO2e.
Looking at prior years, Coty reported total emissions of approximately 100.7 million kg CO2e for FY2020, with Scope 1 emissions around 31.0 million kg CO2e and Scope 2 emissions (market-based) at approximately 34.5 million kg CO2e. Scope 3 emissions for FY2020 were reported at about 35.2 million kg CO2e. In FY2019, the company's total emissions were approximately 125.2 million kg CO2e, comprising Scope 1 emissions of about 20.9 million kg CO2e, Scope 2 (market-based) of approximately 36.9 million kg CO2e, and Scope 3 emissions of around 1.04 billion kg CO2e.
Coty has established ambitious climate commitments, including a commitment to validate its Net Zero 2050 Target with the Science Based Targets initiative (SBTi). Furthermore, the company has an SBTi-approved target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using a 2019 baseline year. They also commit to reducing absolute Scope 3 greenhouse gas emissions by 28% within the same timeframe. Recent reports indicate that Coty has surpassed its 2030 Scope 1 and 2 emissions targets, achieving an 82% reduction since 2019. All Coty-owned factories and distribution centres are now powered by 100% renewable electricity, with eight key sites achieving carbon neutrality for Scope 1 and 2 emissions. The company's latest SBTi commitments include reducing absolute Scope 1 and 2 GHG emissions by 82% by FY2030 and Scope 3 GHG emissions by 28% by FY2030, both from a FY2019 base year. Long-term, Coty aims to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by FY2050 from a FY2019 base year, and achieve net-zero greenhouse gas emissions across the value chain by FY2050.
Coty's emissions data is reported directly by the organisation.
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Coty’s Climate Goals (2030 & 2050)
1 goal2030
82% reduction in all scopes
Coty has surpassed its 2030 Scope 1 and 2 emissions targets, achieving an 82% reduction since 2019, the beauty giant announced on Monday as…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
10 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Coty
Frequently asked questions
Common questions about Coty’s sustainability data and climate commitments
Data year: 2024
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