Rituals Cosmetics Enterprise Bv Sustainability Profile
Rituals Cosmetics Enterprise Bv, commonly known as Rituals, is a leading player in the personal care and cosmetics industry, headquartered in the Netherlands. Founded in 2000, the company has established a strong presence across Europe, Asia, and beyond, offering a unique blend of skincare, body care, and home fragrance products inspired by ancient Eastern traditions. Rituals is renowned for its innovative approach to self-care, with core offerings that include luxurious bath and body collections, scented candles, and skincare lines. Each product is designed to transform everyday routines into meaningful rituals, setting the brand apart in a competitive market. With a commitment to sustainability and quality, Rituals has garnered a loyal customer base and achieved notable recognition, solidifying its position as a frontrunner in the wellness and beauty sector.
DitchCarbon Score
How does Rituals Cosmetics Enterprise Bv'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
Rituals Cosmetics Enterprise Bv's score of 49 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rituals Cosmetics Enterprise Bv's reported carbon emissions
Rituals Cosmetics Enterprise B.V., headquartered in the Netherlands, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its value chain by 2050. Although specific carbon emissions data for the most recent year is not available, the company has established significant reduction targets for its operations. Rituals has committed to reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline year. Furthermore, the company aims for a more substantial reduction of 90% in these emissions by 2050. In terms of Scope 3 emissions, Rituals plans to reduce these by 51.6% per EUR value added by 2030 and by 97% by 2050. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions required to limit global warming to 1.5°C. Rituals began exploring pathways to these science-based targets in 2021, demonstrating a proactive approach to sustainability and climate responsibility. Overall, Rituals Cosmetics Enterprise B.V. is on track to make significant strides in reducing its carbon footprint, reflecting its commitment to environmental stewardship and sustainable business practices.
How Carbon Intensive is Rituals Cosmetics Enterprise Bv's Industry?
How Carbon Intensive is Rituals Cosmetics Enterprise Bv's Location?
Rituals Cosmetics Enterprise Bv'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.
Rituals Cosmetics Enterprise Bv 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.
