Coty Announces ESG Rating Upgrades from MSCI and Sustainalytics
MSCI ESG Rating has been upgraded to A from BB
Sustainalytics ESG rating now at low risk and 3rd among Household Product companies
This achievement underscores Coty's dedication to advancing sustainability across all aspects of its business.
Coty's MSCI ESG Rating has been upgraded to A from BB. This improvement reflects enhanced performance across several key ESG areas, including:
- Packaging Material & Waste
- Raw Material Sourcing
- Chemical Safety
- Corporate Governance
Coty’s MSCI Carbon Footprint score remains at the maximum level, demonstrating the Company’s ongoing commitment to minimizing its environmental impact.
Coty improved its Sustainalytics ESG Risk Rating, moving from 23.9 (medium risk) to 18.1 (low risk). This progress places Coty as the lead amongst global beauty companies and 3rd out of 104 in Household Products companies as rated by Sustainalytics.
The Company’s Sustainalytics improvement is attributed to advancements in seven key areas:
- Environmental & Social Impact of Products and Services
- Land Use and Biodiversity
- Water Use
- Human Capital
- Product Governance
- Data Privacy and Security
- Corporate Governance
The upgrades follow Coty’s strong progress in the 2024 CDP Climate Change disclosure, with the company scoring A-, an increase from B in 2023. Coty’s FY24 Sustainability Report highlighted key achievements including surpassing 2030 Scope 1 and 2 emissions targets with an
About Coty Inc.
Founded in
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Olga Levinzon
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Antonia Werther
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Source: Coty