Coty Sustainability Profile
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 82 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coty's reported carbon emissions
In 2024, Coty Inc., headquartered in the United States, reported total carbon emissions of approximately 811,000,000 kg CO2e. This figure includes 8,825,000 kg CO2e from Scope 1 emissions, 1,597,000 kg CO2e from market-based Scope 2 emissions, and a significant 801,548,000 kg CO2e from Scope 3 emissions, which encompasses various categories such as purchased goods and services (605,197,000 kg CO2e) and upstream transportation and distribution (63,406,000 kg CO2e). Coty has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% from a 2019 baseline by the year 2030. This target has been approved by the Science Based Targets initiative (SBTi). Additionally, Coty is committed to increasing its annual sourcing of renewable electricity from 5% in 2019 to 100% by 2030 and aims to reduce absolute Scope 3 emissions by 28% within the same timeframe. Furthermore, Coty has pledged to validate its Net Zero target for 2050 with the SBTi, demonstrating a long-term commitment to sustainability and climate action. The emissions data and targets are cascaded from Coty Inc., reflecting its corporate family relationship.
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| 2019 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 20,860,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 36,936,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,043,467,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
How Carbon Intensive is Coty's Industry?
How Carbon Intensive is Coty's Location?
Coty's Scope 3 Categories Breakdown
Coty's Scope 3 emissions, which increased significantly last year and decreased by approximately 23% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 76% of Scope 3 emissions.
Top Scope 3 Categories
Coty's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Coty has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Coty's sustainability data and climate commitments