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BEAUTY OF OUR PEOPLE

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Coty is dedicated to creating a more inclusive business and society, guided by our mission to #UndefineBeauty. We are helping to build a beauty industry that respects and protects human rights across the value chain.

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SPOTLIGHT ON:

#UNDEFINEBEAUTY

At Coty, we believe that no one can control or dictate what is or is not beautiful. Our #UndefineBeauty campaign and petition calls for action to change the current English language definitions of the term ‘beauty’, which are both limiting and exclusive, and no longer reflect the values of today’s society. Join us, and sign the petition.

Diversity, Equity and Inclusion

Our diversity, equity and inclusion (DE&I) agenda aims to build a diverse and equitable workforce. Our program is driven by both global and local taskforces, ensuring our approach is comprehensive and employee-powered.

We want Coty to reflect the communities we serve through a recruitment program that prioritizes local partnerships. We educate our employees through formal and informal training initiatives to foster a culture of inclusion, and offer Employee Resource Groups in several markets.

For more, see our FY24 Sustainability Report.

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SPOTLIGHT ON:

GENDER EQUALITY

We are proud of the strides we’ve taken to promote gender equality across our business. Our Executive Committee is majority-female, our Board of Directors 50% female, and we have achieved our target for gender balance among our wider leaders. We are committed to pay equitably for similar roles and performance, regardless of gender (gap of 2% or less), and have a global gender-neutral parental leave policy which ensures all employees have access to a minimum of 14 fully paid weeks of parental leave.

Training and development

We recognize that our future success depends on our ability to identify, hire, train and retain our employees. We build knowledge and skills through training and mentoring, while stretching and supporting our people in each of their roles. We conduct annual performance reviews and maintain a dedicated learning platform, the Coty Academy, which includes educational content on strategic business priorities and essential skills.

For more, see our FY24 Sustainability Report.

Human rights in our value chain

Our iconic portfolio of brands uses ingredients from all over the world, and we are committed to minimizing human rights risks for everyone working within our value chain. We have action plans in place for ingredients and sourcing origins that face higher risks to human rights, most notably palm oil, naturals used in our fragrance oils, and mica. We are a founder and Board member of the Responsible Mica Initiative (RMI), a multi-stakeholder action group aimed at establishing a 100% sustainable Indian mica supply chain by 2030.

We also partner with our suppliers and expert partner, BSR, to grow and evolve our human rights program through value chain human rights risk mapping. For more, see our Human Rights Policy and FY24 Sustainability Report.

Giving back

For over 30 years, Coty has supported DKMS, an international non-profit organization dedicated to fighting blood cancer and blood disorders, as a corporate founding partner. We raise funds annually to support the cause and encourage our community to join the global donor registry.

SPOTLIGHT ON

UPSKILLING GIRLS

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Max Factor UK has continued its two-year partnership with UNICEF to support Skills4Girls, a program that helps give young girls the tools and resources they need to reach their full potential and become the next generation of successful leaders, entrepreneurs and change-makers. Max Factor UK was awarded Best Charity Partnership by the Fabulous Magazine Beauty Award for its support on UNICEF’s Skills4Girls program.

Responsible marketing

Our products and brands are powerful agents of change, challenging beauty stereotypes while promoting individuality and self-expression. To achieve this, our marketing efforts are guided by our Responsible Marketing Policy, which ensures our brand activations adhere to standards and guidelines of inclusive, and ethical marketing.


SPOTLIGHT ON:

COVERGIRL’s #BeACovergirl CONTEST

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COVERGIRL took another major step forward in advancing the non-traditional beauty movement with its #BeACovergirl contest. Rooted in COVERGIRL’s heritage of discovering up and coming, barrier-breaking talent, #BeACovergirl will broaden the definition of what it means to be a COVERGIRL even further by establishing an incubator for content creators instead of a traditional model search. COVERGIRL looked for originality, inspiration, and ability, rather than a flawless, feminine face.

Product safety

We aim to formulate safe, efficacious, and desirable products that adhere to the latest scientific and regulatory standards. We are also committed to increased ingredient transparency. Our Product and Ingredient Policy outlines Coty’s approach to support product safety and the standards we follow when making ingredient choices. For more, see our FY24 Sustainability Report.


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Animal welfare

We do not test our products on animals and we are committed to ending animal testing across the beauty industry. For more than 25 years, Coty has been developing methods that provide a clear alternative to animal testing. For more, see our Coty Against Animal Testing policy.


Key Goals & Targets

Our Goals & Targets

ACHIEVE GENDER BALANCE

in leadership positions by 2025

PAY EQUITABLY

for similar roles and performance, regardless of gender, by 2022

ROLL OUT DIVERSITY

equity and inclusion training for all associates by 2025

95% OF ASSOCIATES

to complete annual compliance training by 2025