Elf Beauty
Elf Beauty, officially known as e.l.f. Beauty, Inc., is a prominent player in the cosmetics industry, headquartered in the United States. Founded in 2004, the company has rapidly established itself as a leader in affordable beauty products, catering to a diverse clientele across major operational regions, including North America and Europe. Specialising in high-quality, cruelty-free cosmetics, e.l.f. Beauty offers a wide range of products, from makeup to skincare, that stand out for their innovative formulations and budget-friendly prices. The brand's commitment to inclusivity and accessibility has garnered a loyal following, positioning it as a go-to choice for beauty enthusiasts. Notable achievements include a strong presence in both retail and online markets, reflecting its significant impact on the beauty landscape.
DitchCarbon Score
How does Elf Beauty'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 Retail Trade Services 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
Elf Beauty's score of 33 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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Elf Beauty's reported carbon emissions
In 2023, e.l.f. Beauty reported total greenhouse gas emissions of approximately 35,884,000 kg CO2e for Scope 1 and about 39,171,000 kg CO2e for Scope 2. This reflects a significant operational footprint as the company continues to expand its market presence, generating revenue of approximately $578.8 million USD. In comparison, the 2022 emissions data indicated that e.l.f. Beauty's Scope 1 emissions were about 12,000 kg CO2e, while Scope 2 emissions totalled approximately 242,000 kg CO2e. Additionally, Scope 3 emissions were reported at around 20,915,000 kg CO2e, primarily from purchased goods and services, which accounted for about 14,278,000 kg CO2e. E.l.f. Beauty has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. This target has been validated through the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. The company also plans to measure and address its Scope 3 emissions, demonstrating a comprehensive approach to its climate impact. Overall, e.l.f. Beauty is actively working towards reducing its carbon footprint while maintaining transparency in its emissions reporting and climate strategies.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 12,000 | 00,000,000 |
| Scope 2 | 242,000 | 00,000,000 |
| Scope 3 | 20,915,000 | - |
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.
Elf Beauty is participating in some of the initiatives that 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.
