In 2017, in support of the Paris Agreement, we declared our commitment to We Are Still In. In FY21, following our separation from the Wella Company, we launched a review and update of our climate strategy, with the intention of setting revised targets aligned to the Science Based Targets initiative and an updated roadmap for their achievement. As part of this process, we have recalculated our baseline carbon footprint. You can find details of this baseline in our report here.
We recognize that our climate impact extends across our value chain, but actions have to start within our own operations, and in particular our factories and distribution centers. Coty is a member of the RE100, a global initiative of over 300 influential organizations committed to 100% renewable electricity. In addition to transitioning to renewable energy, we continue to reduce energy consumption in our factories, distribution centers and offices.