Coty Meets Sustainability Milestones in FY24 Report

See the full report here

Marking its 120th anniversary, beauty powerhouse Coty is pushing sustainability forward in the industry, strengthening its Beauty that Lasts strategy with ambitious commitments. Coty achieved an 82% reduction in emissions since 2019.

Key Highlights

• Coty rejoined the Ellen MacArthur Foundation as a Network Member, pledging to cut virgin plastic use by 60% by 2030 (vs. 2019) and enhancing packaging transparency.
• 85% of factory and distribution center waste was recycled, continuing to surpass its 80% goal.
• Updated heritage product packaging like CoverGirl Clean Invisible Foundation and Max Factor Facefinity Compact with more sustainable packaging profiles*** and launched Infiniment Coty Paris—the first full collection manufactured with 100% alcohol from recycled carbon emissions.
• Coty uses 100% RSPO-sourced palm oil in production sites.
• 2030 Scope 1 and 2 emissions targets were surpassed, achieving an 82% reduction since 2019.
• 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.
• A 65% reduction in air freight emissions was reported (compared to 2019) due to optimized logistics.
• The company introduced its first water target to reduce water withdrawal by 25% by 2030 (vs. 2019) and a new commitment to 90% certification of all fiber-based materials by 2030.

Coty CEO Sue Nabi said, 

“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.” 

Coty achieved 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.

The company was recognized for DE&I leadership, with Coty US achieving a perfect score on the HRC’s Corporate Equality Index. Coty UK&I was named among Stonewall’s Top 100 Employers as well as receiving Disability Confident Committed certification.

See the full report here