Coty Achieves Key Milestones and Sets New Targets in FY24 Sustainability Report
Coty has released its FY24 Sustainability Report, highlighting significant environmental achievements and new commitments. The company has exceeded its 2030 Scope 1 and 2 emissions targets, achieving an 82% reduction since 2019, alongside a 65% reduction in air freight emissions. Key milestones include powering all owned facilities with 100% renewable electricity, recycling 85% of factory waste, and achieving gender balance in leadership ahead of schedule.
The company has set new ambitious targets, including reducing virgin plastic use by 60% by 2030, cutting water withdrawal by 25%, and ensuring 90% certification of fiber-based materials. Coty has also rejoined the Ellen MacArthur Foundation as a Network Member and launched sustainable packaging initiatives for key products.
Coty ha pubblicato il suo Rapporto di Sostenibilità per l'anno fiscale 2024, evidenziando risultati ambientali significativi e nuovi impegni. L'azienda ha superato i suoi obiettivi di emissioni Scope 1 e 2 per il 2030, raggiungendo una riduzione del 82% dal 2019, insieme a una riduzione del 65% delle emissioni legate al trasporto aereo. I traguardi chiave includono l'alimentazione di tutte le strutture di proprietà con elettricità 100% rinnovabile, il riciclo dell'85% dei rifiuti di fabbrica e il raggiungimento della parità di genere nella leadership in anticipo rispetto al previsto.
L'azienda ha fissato nuovi obiettivi ambiziosi, tra cui una riduzione dell'uso di plastica vergine del 60% entro il 2030, una riduzione del prelievo d'acqua del 25% e una certificazione del 90% per i materiali a base di fibra. Coty è anche tornata a far parte della Ellen MacArthur Foundation come membro della rete e ha lanciato iniziative per imballaggi sostenibili per i prodotti chiave.
Coty ha publicado su Informe de Sostenibilidad FY24, destacando logros ambientales significativos y nuevos compromisos. La compañía ha superado sus objetivos de emisiones Scope 1 y 2 para 2030, alcanzando una reducción del 82% desde 2019, junto con una reducción del 65% en las emisiones de transporte aéreo. Los hitos clave incluyen alimentar todas las instalaciones propias con electricidad 100% renovable, reciclar el 85% de los desechos de fábrica y lograr un equilibrio de género en el liderazgo antes de lo previsto.
La empresa ha establecido nuevos objetivos ambiciosos, incluyendo una reducción del uso de plástico virgen del 60% para 2030, una reducción del 25% en la extracción de agua y asegurar una certificación del 90% de materiales a base de fibra. Coty también ha reingresado a la Ellen MacArthur Foundation como miembro de la red y ha lanzado iniciativas de empaque sostenible para productos clave.
코티가 FY24 지속 가능성 보고서를 발표하여 중요한 환경 성과와 새로운 약속을 강조했습니다. 이 회사는 2030년 스코프 1 및 2 배출 목표를 초과 달성하여 2019년 대비 82% 감소를 이루었고, 항공 화물 배출도 65% 감소하였습니다. 주요 이정표로는 모든 소유 시설을 100% 재생 가능 전력으로 운영하고, 공장 폐기물의 85%를 재활용하며, 예상보다 앞서 리더십에서 성별 균형을 달성한 것이 포함됩니다.
회사는 2030년까지 버진 플라스틱 사용을 60% 줄이고, 물 사용량을 25% 줄이며, 섬유 기반 재료의 90% 인증을 보장하는 등 새로운 야심 찬 목표를 설정했습니다. 코티는 또한 엘렌 맥아더 재단에 네트워크 회원으로 다시 가입하고, 주요 제품을 위한 지속 가능한 포장 이니셔티브를 시작했습니다.
Coty a publié son Rapport de Durabilité pour l'exercice 2024, mettant en avant des réalisations environnementales significatives et de nouveaux engagements. L'entreprise a dépassé ses objectifs d'émissions Scope 1 et 2 pour 2030, avec une réduction de 82% depuis 2019, ainsi qu'une réduction de 65% des émissions de fret aérien. Parmi les jalons clés, on trouve la mise à disposition de toutes les installations détenues par 100% d'électricité renouvelable, le recyclage de 85% des déchets d'usine et l'atteinte de l'équilibre entre les sexes dans les instances dirigeantes, et ce en avance sur le calendrier.
L'entreprise a fixé de nouveaux objectifs ambitieux, notamment une réduction de l'utilisation de plastique vierge de 60% d'ici 2030, une réduction de 25% des prélèvements d'eau et l'assurance de 90% de certification des matériaux à base de fibres. Coty a également rejoint à nouveau la Fondation Ellen MacArthur en tant que membre du réseau et a lancé des initiatives d'emballage durable pour des produits clés.
Coty hat seinen Nachhaltigkeitsbericht für das Geschäftsjahr 2024 veröffentlicht und dabei bedeutende Umwelterfolge und neue Verpflichtungen hervorgehoben. Das Unternehmen hat seine Emissionsziele der Scopes 1 und 2 für 2030 übertroffen und seit 2019 eine Reduzierung um 82% sowie eine Reduzierung der Luftfrachtemissionen um 65% erreicht. Wichtige Meilensteine sind unter anderem die Versorgung aller eigenen Einrichtungen mit 100% erneuerbarer Energie, das Recycling von 85% des Fabrikabfalls und das Erreichen des Geschlechtergleichgewichts in der Führungsetage vor Ablauf der Frist.
Das Unternehmen hat neue ehrgeizige Ziele festgelegt, darunter die Reduzierung des Gebrauchs von Neuplastik bis 2030 um 60%, eine Verringerung des Wasserentzugs um 25% und die Sicherstellung einer Zertifizierung von 90% für faserbasierte Materialien. Coty ist auch wieder der Ellen MacArthur Foundation als Netzwerkmitglied beigetreten und hat nachhaltige Verpackungsinitiativen für wichtige Produkte gestartet.
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Coty surpasses Scope 1 and 2 emissions reduction targets and achieves a significant
65% reduction in Scope 3 air freight emissions. - Establishes ambitious new targets for sustainable packaging and water use.
- Rejoins the Ellen MacArthur Foundation as a Network Member to implement and scale circular design.
- Achieves gender balance in leadership target ahead of 2025 commitment.
Coty CEO Sue Nabi comments, “As we mark our 120th anniversary, we are immensely proud of our achievements in sustainability and innovation. In FY24, Coty made extraordinary progress toward our ESG goals, from achieving gender balance in leadership to setting ambitious new targets on packaging and water use. Sustainability remains central to Coty’s success as we continue to make progress in areas critical to the future of beauty."
Key highlights include:
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Coty surpasses its 2030 Scope 1 and 2 emissions targets, achieving an
82% reduction since 2019. -
Coty reports a
65% reduction in air freight emissions (compared to 2019) due to optimized logistics. -
Coty rejoins the Ellen MacArthur Foundation as a Network Member, pledging to cut virgin plastic use by
60% by 2030 (vs. 2019) and enhancing packaging transparency. -
Coty introduces its first water target to reduce water withdrawal by
25% by 2030 (vs. 2019) and new commitment for90% certification of all fiber-based materials by 2030. -
Coty-owned factories and distribution centers are powered by
100% renewable electricity, and eight sites (including factories, labs, and offices) are carbon neutral for Scope 1 and 2 emissions.* -
Coty recycles
85% of factory and distribution center waste, continuing to surpass its80% goal. -
Coty uses
100% RSPO-sourced palm oil in production sites.** -
Coty updates heritage product packaging like CoverGirl Clean Invisible Foundation and Max Factor Facefinity Compact with more sustainable packaging profiles*** and launches Infiniment Coty Paris—our first full collection manufactured with
100% alcohol from recycled carbon emissions. - Coty achieves gender balance in leadership ahead of its 2025 goal (Senior Director, VP, and above), and shares that the majority of named Coty patent inventors are women.
- Coty is recognized for DE&I leadership, with Coty US achieving a perfect score on the HRC’s Corporate Equality Index, and Coty UK&I named among Stonewall’s Top 100 Employers as well as receiving Disability Confident Committed certification.
- Coty completes its preliminary double materiality assessment and releases a summary of its Climate Risks and Opportunities Assessment, aligned with the TCFD framework.
Coty’s FY24 Sustainability Report reflects its commitment to driving progress and advancing sustainable innovation. The full Fiscal Year 2024 Sustainability Report is now available on Coty.com within the company’s new ESG Reporting Hub.
* This excludes third-party distribution centers and third-party manufacturers. For further details, please refer to the definitions and the disclosures on methodologies and standards in the full report.
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***The new CoverGirl Clean Invisible foundation comes in a squeezable tube made of
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