Puig
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 82 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, 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 are committed to achieving net zero emissions across all scopes by 2050. For Scope 2 emissions specifically, Puig targets a near-zero reduction by 2025 and a 30% reduction from a 2020 baseline by 2030. These initiatives reflect Puig's proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. The company has demonstrated progress, with a reported 34% decrease in its corporate carbon footprint from 2019 to 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 |
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.
Puig is not participating in any 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.
