Goals & Targets
Beauty of our Product
Achieve a 20% reduction in packaging against our calendar year 2019 baseline.
Increase our use of post-consumer recycled materials to at least 30%.
Ensure that 100% of our folding box boards are made with FSC- or PEFC-certified material.
Include sustainability criteria in the conception of all new products.
Share progress on our High-Profile Ingredients and Materials management process annually.
Improve responsible sourcing and transparency in our supply chains by :
Purchasing 100% mass balance-certified palm oil for our productions sites and our third-party manufacturers.
Ensuring 100% of Indian Mica is responsibly sourced.
Beauty of our Planet
Reduce absolute scopes 1 and 2 GHG emissions 50% from a calendar year 2019 base year.
Reduce absolute Scope 3 GHG emissions 28% from a calendar year 2019 base year.
Reduce energy consumption by 20% compared to our base year of calendar year 2019.
Switch to 100% renewable electricity for all our sites.
Recycle 80% of waste generated by our factories and distribution centers.
Send zero waste to landfill from Coty factories and distribution centers.
Beauty of our People
Pay equitably for similar roles and performance, regardless of gender.
Achieve gender balance in leadership positions.
Roll out diversity, equity and inclusion training for all associates.
95% of associates to complete annual compliance training.
The development and implementation of Coty’s sustainability strategy is led by a dedicated Global Sustainability team reporting to the CEO. The Sustainability team works hand-in-hand with the functional leads of each business function, as well as Coty’s brands and external partners. The functional leads and the Sustainability team meet monthly to cover cross-functional topics, with each functional lead reporting progress and updates to their leadership team.
Progress against the sustainability strategy is reported to the Executive Committee. Our Board of Directors receives a formal update on the strategy regularly, a minimum of once a year, and has oversight on all sustainability policies, programs and reporting.