Our Targets

Our Progress in FY24

Reduce absolute Scope 1 and 2 GHG emissions by 50% from calendar year 2019 base year by 2030 (SBTi-approved target).

We continued to surpass our target, achieving an 82% reduction in Scope 1 and 2 emissions against our baseline.

Increase annual sourcing of renewable electricity from 5% in calendar year 2019 to 100% by 2030 (SBTi-approved target).

95% of our electricity was sourced from renewable resources.

Reduce absolute Scope 3 GHG emissions 28% from a calendar year 2019 base year by 2030 (SBTi-approved target).

We achieved a 23% reduction in Scope 3 emissions against our baseline.

Reduce energy consumption by 20% by 2030 compared to our base year of calendar year 2019.

We achieved a 32% reduction in energy consumption against our baseline.

As of 2020, include sustainability criteria in the conception of all new products.

91% of our new products went through our Beauty That Lasts Index, with giftsets now included in the index.

By 2030, achieve a 20% reduction in packaging against our calendar year 2019 baseline.

We exceeded this target with a 26% reduction in packaging compared to the baseline.

By 2030, increase our use of post-consumer recycled materials to at least 30%.

We used 7.7% post-consumer recycled materials.

By 2030, reduce virgin plastic by 60% from 2019 baseline.

By 2025, ensure that 100% of our folding board boxes are made with FSC- or PEFC-certified material.

65% of our product folding board boxes were made with FSC or PEFC-certified material.

By 2030, ensure that 90% of all fiber-based materials come from certified sources by 2030.

Purchasing 100% RSPO-certified palm oil for our production sites by 2024 and our third-party manufacturers by 2025.

100% of palm oil for our production sites was RSPO sourced (96% RSPO Mass Balance and 4% Independent Smallholder Credits).

Reduce water withdrawal by 25% by 2030 against a calendar year 2019 baseline.

We are setting a company wide target on water withdrawal reduction and will start tracking performance against this target starting FY25.

Send zero waste to landfill from Coty factories and distribution centers by 2030.

We continued to send zero waste to landfill from our factories and distribution centers.

Recycle 80% of waste generated by Coty factories and distribution centers by 2030.

We continued to surpass our target, achieving a recycling rate of 85%.

Beauty of our Planet

Achieve gender balance in leadership positions by 2025.

We proudly achieved a gender balanced leadership team (50%) in FY24. Our Board is also evenly gender split, while our Executive Committee is majority female.

Until 2030, continue to pay equitably (with a gap of 2% or less) for similar roles and performance, regardless of gender.

We met our pay equity target within the leadership category with a gap below 2%. For Coty’s other three management categories, the gap was between 2-5% and we are working to bring this below 2% in 2025.

Roll out DE&amp;I training for all employees by 2025.

Our ‘Change the Conversation’ DE&amp;I curriculum is available for all associates that have access to a laptop, via Coty Academy.

Ensuring 100% of Indian mica is responsibly sourced by 2030.

97% of Indian mica for our production sites is traced to mine level.

As of 2020, share progress on our High Profile Ingredients and Materials (HPIM) management process annually.

We regularly evolve our HPIM list and strategy to adapt to the latest scientific discourse. Our FY24 Sustainability Report shares more information on our strategy.

Increase ingredient transparency by creating an online ingredients resource by 2026.

Beauty of our People

95% of associates to complete annual compliance training by 2025.

91% of employees trained in one or more compliance modules delivered through Coty Academy.

Governed Beautifully

Explore our sustainability targets and progress. For more on our methodologies and standards, see our latest Sustainability Report.

Achieve a 20% reduction in packaging against our calendar year 2019 baseline.

Ensure that 100% of our folding box boards are made with FSC- or PEFC-certified material.

Increase our use of post-consumer recycled materials to at least 30%.

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 transparency in our supply chain by:

Ensuring 100% of Indian mica is responsibly sourced.

Reduce absolute scopes 1 and 2 GHG emissions 50% from a calendar year 2019 base year.

Reduce absolute Scope 3 GHG emissions 28% from a calendar year 2019 base year.

Increase annual sourcing of renewable electricity from 5% in calendar year 2019 to 100%.

Reduce energy consumption by 20% compared to our base year of calendar year 2019.

Send zero waste to landfill from Coty factories and distribution centers.

Recycle 80% of waste generated by our factories and distribution centers.

Goals & Targets

Beauty of our Planet

Beauty of our People

Governed Beautifully