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BEAUTY of our planet

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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.

Climate Action

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.

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SPOTLIGHT ON

THE ULTIMATE UPCYCLING: CARBON-CAPTURED ETHANOL

Through a new partnership with LanzaTech, industrial emissions, which would otherwise be released into the atmosphere as greenhouse gases (like CO2), can now be transformed into ethanol and used in fragrance products.

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Coty fragrances contain ethanol sourced from a range of natural raw materials - including sugar cane and sugar beet, which use land, water and fertilizers. This new sustainable ethanol from carbon-capture utilizes near-zero water consumption and reduces the requirement for agricultural land which, in turn, supports biodiversity. A screening life cycle assessment we completed shows a significantly reduced overall environment impact. Starting with one of our largest volume ingredients and one of the most impactful, this is a significant first step to reduce our impact on water, biodiversity and climate.

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Water, Waste & Biodiversity

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.

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.

Key Goals & Targets

We are resetting our carbon and energy reduction targets, in line with the Science-Based Targets initiative.

our goals & targets

Switch to 100% RENEWABLE ELECTRICITY

by 2030.

SEND ZERO WASTE TO LANDFILL

from our plants and distribution centers by 2030.

Recycle 80%

of waste generated by our factories and distribution centers by 2030.