Ulta Beauty

Ulta Beauty's latest reported emissions for 2024 include 8,477,000 kg CO2e for Scope 1, 86,996,000 kg CO2e for Scope 2, and 2,023,047,000 kg CO2e for Scope 3. In the preceding year, 2023, the company reported 8,345,000 kg CO2e for Scope 1, 88,978,000 kg CO2e for Scope 2, and 2,091,279,000 kg CO2e for Scope 3.

Ulta Beauty has established several climate commitments. The company aims to reduce its Scope 1 and 2 greenhouse gas emissions by 90% by 2030, using a 2019 baseline. This target is considered consistent with keeping global warming to 1.5°C according to the Science Based Targets initiative (SBTi). Additionally, Ulta Beauty commits to reducing its absolute Scope 3 GHG emissions, specifically those covering the use of sold products, by 28% by 2030, also from a 2019 base year. A further commitment states that 68% of its suppliers, by emissions covering purchased goods and services, will have science-based targets by 2027.

The company also previously aimed to reduce Scope 1 and 2 emissions to near zero by the middle of this decade (2023-2025) and targeted a 30% reduction in both Scope 1 and Scope 2 emissions by 2030 from a 2020 baseline. Ulta Beauty has indicated initiatives such as waste diversion, energy efficiency investments expected to reduce energy use by approximately 1.5% year over year (between 2021 and 2022), renewable energy investments, and sustainable packaging as part of its strategy to reduce carbon emissions.