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Public Profile
Retail Trade Services
ES
updated 16 days ago

Puig Sustainability Profile

Company website

Puig, officially known as Puig S.L., is a prominent Spanish company headquartered in Barcelona, Spain. Established in 1914, Puig has evolved into a leading player in the global fragrance and cosmetics industry, with significant operations across Europe, Asia, and the Americas. The company is renowned for its diverse portfolio, which includes luxury fragrances, skincare, and fashion brands, such as Paco Rabanne, Carolina Herrera, and Jean Paul Gaultier. With a commitment to creativity and innovation, Puig has achieved notable milestones, including strategic acquisitions that have strengthened its market position. The company is celebrated for its unique approach to blending tradition with modernity, offering products that resonate with consumers worldwide. As a key influencer in the beauty sector, Puig continues to set trends and redefine luxury, solidifying its reputation as a powerhouse in the industry.

DitchCarbon Score

How does Puig'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.

84

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.

28

Industry Benchmark

Puig's score of 84 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

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Puig's reported carbon emissions

In 2024, Puig reported total carbon emissions of approximately 565,710,000 kg CO2e, a decrease from about 661,907,000 kg CO2e in 2023. The emissions breakdown for 2024 includes 3,347,000 kg CO2e from Scope 1, 1,082,000 kg CO2e from Scope 2, and a significant 561,281,000 kg CO2e from Scope 3 emissions. This indicates a notable shift in their emissions profile, particularly in Scope 3, which constitutes the majority of their carbon footprint. Puig has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 and 2 GHG emissions by 2030, compared to 2019 levels. Additionally, they target a 30% reduction in absolute Scope 3 GHG emissions over the same timeframe. Furthermore, Puig has committed to achieving net zero emissions across all scopes by 2050. The company has demonstrated progress in its climate initiatives, achieving a 34% reduction in its corporate carbon footprint by 2020, largely attributed to ongoing environmental initiatives and the impact of the Covid-19 pandemic on operational activity levels. Data for Puig's emissions is cascaded from its parent company, Puig Brands, S.A., and reflects a comprehensive approach to sustainability within the organisation.

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2018201920202021202220232024
Scope 1
2,390,750
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
-
-
-
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
31,084,570
00,000,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is Puig's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Puig's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Puig's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Puig is in ES, which has a low grid carbon intensity relative to other regions.

Puig's Scope 3 Categories Breakdown

Puig's Scope 3 emissions, which decreased by 14% last year and increased significantly since 2018, 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 75% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
75%
Upstream Transportation & Distribution
11%
Capital Goods
6%
Downstream Transportation & Distribution
2%
Investments
1%
Employee Commuting
1%
End-of-Life Treatment of Sold Products
1%
Business Travel
1%
Fuel and Energy Related Activities
<1%
Waste Generated in Operations
<1%

Puig'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.

Puig 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Puig's Emissions with Industry Peers

Amorepacific Corporation

KR
•
Chemicals nec
Updated 7 days ago

Interparfums SA

FR
•
Chemicals nec
Updated 1 day ago

Shiseido

JP
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 4 days ago

Mary Kay

US
•
Furniture; other manufactured goods n.e.c. (36)
Updated 9 days ago

Henkel

DE
•
Chemicals nec
Updated 2 days ago

Johnson And Johnson

US
•
Pharmaceutical Preparation Manufacturing
Updated 1 day ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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