Coty Beauty, Inc. Sustainability Profile
Coty Beauty, Inc., a prominent player in the global beauty industry, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1904, Coty has established itself as a leader in fragrance, cosmetics, and skincare, with a diverse portfolio that includes renowned brands such as Calvin Klein, Marc Jacobs, and CoverGirl. Coty's commitment to innovation and quality has led to significant milestones, including strategic acquisitions that have expanded its market presence. The company is recognised for its unique approach to beauty, blending luxury with accessibility, which has solidified its position as a trusted name in the industry. With a focus on sustainability and inclusivity, Coty continues to set trends and redefine beauty standards worldwide.
DitchCarbon Score
How does Coty Beauty, Inc.'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 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 Beauty, Inc.'s score of 51 is lower than 100% 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 Beauty, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Coty Inc., which cascades its emissions data and climate commitments down to Coty Beauty, Inc. However, no absolute emissions figures or reduction targets have been provided. Coty Inc. has engaged in various climate initiatives, including commitments to the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which are aimed at reducing carbon emissions across its operations. These initiatives reflect a broader commitment to sustainability within the beauty industry, although specific targets or achievements for Coty Beauty, Inc. have not been disclosed. As a subsidiary, Coty Beauty, Inc. aligns with the climate strategies set forth by Coty Inc., but further details on specific emissions or reduction targets at the subsidiary level remain unspecified.
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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 Beauty, Inc.'s Industry?
How Carbon Intensive is Coty Beauty, Inc.'s Location?
Coty Beauty, Inc.'s Scope 3 Categories Breakdown
Coty Beauty, Inc.'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 Beauty, Inc.'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 Beauty, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
