Coty and palm oil

Recognizing the impact of the palm oil supply chain on human rights, biodiversity and the environment, we have joined the Roundtable for Sustainable Palm Oil and we have started to purchase palm oil derivatives from RSPO certified sources.

Coty’s ambition is to achieve RSPO Mass Balance certification for 100% of its palm oil and palm kernel oil derivatives used in its factories by the end of 2022. In 2020, 30% of the palm oil derivatives we purchased for our factories was RSPO mass balance certified, which is in line with our annual objectives.

Along with many in our industry we are working to play our part in greater transparency and traceability and we will work with all our suppliers in this regard.