GOALS & TARGETs
BEAUTY of our product
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 transparancy in our supply chains by :
Purchasing 100% mass balance-certified palm oil for our productions sites by 2022, and our third-party manufacturers by 2025.
Ensuring 100% of Indian Mica is responsibly sourced.
We are resetting our packaging targets in line with our new environmental baseline.
BEAUTY of our PLANET
Switch to 100% renewable electricity for all our sites.
Send zero waste to landfill from our factories and distribution centers.
Recycle 80% of waste generated by our factories and distribution centers.
We are resetting our carbon and energy reduction targets in line with latest climate science.
BEAUTY of our PEOPLE
Broaden the measurement and reduction of gender pay gaps and pay equitably for similar roles and performance, regardless of gender.
Achieve gender balance in our 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.