Beauty Of Our Planet

Conserving and protecting the natural environment is a vital part of our responsibility as a business. We are committed to minimizing the environmental impact of our operations and preserving resources for generations to come.

In 2017, we declared our support for We Are Still In, in support of the Paris Agreement. In FY21, following our separation with 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.

Our footprint study also included our water impact across our full value chain and our products’ entire life cycle, as well as our impact on biodiversity. As we are building our climate roadmaps, we are prioritizing actions that also protect and reduce our impact on biodiversity and water.

TARGET:
 

• Send zero waste to landfill and recycle 80% of waste generated by our factories and distribution centers by 2030.

We continue progress towards our waste targets. During FY21, only one of our distribution centers was still sending waste to landfills from a source controlled by our landlord. This represented 0.3% of the waste generated by our distribution centers and factories. Across our factories and distribution centers, our recycling rate was close to 75%, compared to our new baseline of 73% for the same scope.