Puig Sustainability Profile
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.
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
Puig's score of 99 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Puig's reported carbon emissions
In 2024, Puig reported total carbon emissions of approximately 565,710,000 kg CO2e, with Scope 1 emissions at about 3,347,000 kg CO2e, Scope 2 emissions at approximately 1,082,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 561,281,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 661,907,000 kg CO2e, with Scope 1 at approximately 4,180,000 kg CO2e, Scope 2 at about 2,269,000 kg CO2e, and Scope 3 at around 655,458,000 kg CO2e. 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. The company has also committed to achieving net zero emissions across all scopes by 2050. Notably, Puig's emissions data is cascaded from its parent company, Puig Brands, S.A., which influences its sustainability initiatives and reporting. The company has demonstrated a proactive approach to reducing its carbon footprint, achieving a 34% reduction in its corporate carbon footprint in 2020, attributed to ongoing environmental initiatives and the impact of the Covid-19 pandemic on operations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| 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?
How Carbon Intensive is Puig's Location?
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
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.
