Climate Change Data

Coty Inc.

Climate Impact & Sustainability Data (2019-07 to 2020-06, 2020-07 to 2021-06)

Reporting Period: 2019-07 to 2020-06

Environmental Metrics

Total Carbon Emissions:100.67 thousand Metric Tons CO2e (Market-Based Scope 2)
Scope 1 Emissions:30.99 thousand Metric Tons CO2e
Scope 2 Emissions:34.48 thousand Metric Tons CO2e (Market-Based)
Scope 3 Emissions:35.21 thousand Metric Tons CO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:211.90 GWh
Water Consumption:799 thousand m3
Waste Generated:Not disclosed
Carbon Intensity:9.72 Metric Tons of CO2e per US$m (2020)

ESG Focus Areas

  • Climate Change
  • Diversity, Equity & Inclusion
  • Supply Chain Responsibility
  • Clean Beauty
  • Waste Reduction
  • Water Conservation
  • Ethical Sourcing
  • Product Safety
  • Employee Health and Safety

Environmental Achievements

  • Reduced Scope 1 and 2 emissions by 34% compared to 2017.
  • Reduced energy consumption by 14% compared to 2019 and 26% since 2017.
  • Achieved less than 1% landfill waste from manufacturing and distribution sites.
  • Increased recycling rate to 68% across factories and distribution centers.
  • Reduced water consumption by 18% compared to 2019.

Social Achievements

  • Launched Beauty That Lasts Index to integrate sustainability criteria into new product development.
  • 40% of women in senior leadership roles.
  • Launched DE&I project team to develop a three-year roadmap for inclusion.
  • Donated resources to front-line workers and communities during the Covid-19 pandemic.
  • Supported various charities including DKMS and Look Good Feel Better.

Governance Achievements

  • Strengthened Code of Conduct for Business Partners.
  • Launched a third-party due diligence program for ethical business practices.
  • 73% of in-scope associates completed e-learning modules on the Code of Conduct.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce absolute CO2e emissions across the value chain by 30% by 2030.
  • Reduce energy consumption by 25% and switch to 100% renewable energy by 2030.
  • Send zero waste to landfill and recycle 80% of waste by 2030.
  • Purchase 100% mass balance-certified palm oil by 2022.
  • Ensure 100% of Indian Mica is responsibly sourced by 2022.
Short-term Goals:
  • Roll out diversity, equity and inclusion training for all associates by 2025.
  • Achieve gender balance in leadership positions by 2025.
  • Broaden the measurement and reduction of gender pay gaps by 2025.
  • Ensure 95% of associates complete annual compliance training by 2025.

Environmental Challenges

  • Supply chain disruptions due to Covid-19.
  • Challenges in achieving gender balance in leadership.
  • Addressing waste from excess and obsolete products.
  • Ensuring 100% responsible sourcing of mica and palm oil.
Mitigation Strategies
  • Switched some factory operations to produce hydro-alcoholic gel.
  • Established a Global DE&I project team and three-year roadmap.
  • Partnering with organizations to find alternative uses for excess products.
  • Working with RSPO and RMI to improve sourcing practices.

Supply Chain Management

Supplier Audits: 98 suppliers assessed in 2020.

Responsible Procurement
  • Code of Conduct for Business Partners.
  • Third-party due diligence program.
  • Responsible Mica Initiative (RMI) membership.
  • Roundtable for Sustainable Palm Oil (RSPO) membership.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN Global Compact, GHG Protocol

Certifications: Null

Third-party Assurance: KPMG

UN Sustainable Development Goals

  • Goal 5 (Gender Equality)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

Activities described throughout the report contribute to these goals.

Sustainable Products & Innovation

  • CK EVERYONE fragrance (Material Health Certificate)
  • Sally Hansen Good. Kind. Pure. nail polish
  • COVERGIRL Clean Fresh collection
  • philosophy purity facial cleanser reformulation

Awards & Recognition

  • Not disclosed

Reporting Period: 2020-07 to 2021-06

Environmental Metrics

Total Carbon Emissions:27,001 tCO2e (market-based)
Scope 1 Emissions:16,074 tCO2e
Scope 2 Emissions:3,163 tCO2e (market-based)
Scope 3 Emissions:7,764 tCO2e
Renewable Energy Share:57%
Total Energy Consumption:151.404 GWh
Water Consumption:481,969 m3
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Diversity, Equity & Inclusion
  • Responsible Sourcing
  • Waste Reduction
  • Water Conservation
  • Product Safety
  • Ethical Behavior
  • Associate Health, Safety and Wellbeing

Environmental Achievements

  • Reduced total energy consumption by over 10% compared to the 2019 baseline.
  • Transitioned all factories and distribution centers to renewable electricity.
  • Reduced waste generation by over 2,700 tonnes compared to the 2019 baseline.
  • Achieved a 75% recycling rate across factories and distribution centers.
  • Reduced water consumption by 16% compared to the 2019 baseline.

Social Achievements

  • Launched a new diversity, equity and inclusion training curriculum for all associates.
  • Established Employee Resource Groups (ERGs) in the US and Asia-Pacific.
  • Launched initiatives to tackle gender bias, such as an internal executive mentorship scheme.
  • Increased the percentage of women in the workforce to 62% and the proportion of women managers to 56%.
  • Improved associate training hours to an average of 6 hours per employee.

Governance Achievements

  • Formally integrated sustainability as one of Coty’s six strategic priorities.
  • Updated all policies, including the Code of Conduct, and created additional guidance documents.
  • Achieved a 98% completion rate for employee anti-corruption training.
  • 131 business partners completed the due diligence program.

Climate Goals & Targets

Long-term Goals:
  • Ensure 100% of Indian Mica is responsibly sourced by 2030.
Medium-term Goals:
  • Achieve gender balance in leadership positions by 2025.
  • Roll out diversity, equity and inclusion training for all associates by 2025.
  • Purchase 100% mass balance-certified palm oil for third-party manufacturers by 2025.
  • Send zero waste to landfill and recycle 80% of waste generated by factories and distribution centers by 2030.
Short-term Goals:
  • Pay equitably for similar roles and performance, regardless of gender, by 2022.
  • Purchase 100% mass balance-certified palm oil for production sites by 2022.

Environmental Challenges

  • Supply chain disruptions due to the Covid-19 pandemic.
  • Challenges in achieving 100% mass balance-certified palm oil due to business transformation and separation from Wella Company.
  • Challenges in ensuring 100% responsible sourcing of Indian mica due to Covid-19 impacts, political climate, and change of project scope.
Mitigation Strategies
  • Implemented remote working practices and safety protocols for on-site associates during the pandemic.
  • Engaged all suppliers and included all production sites in the action plan for palm oil certification.
  • Aligned efforts towards the Responsible Mica Initiative's (RMI) new 2030 ambitions.

Supply Chain Management

Supplier Audits: 697 sites assessed under SEDEX, 274 under EcoVadis, 131 completed due diligence program

Responsible Procurement
  • Code of Conduct for Business Partners
  • SEDEX self-assessment questionnaire
  • EcoVadis 360° ESG assessment
  • Third-party site audits

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: UN Global Compact, GHG Protocol

Certifications: Null

Third-party Assurance: KPMG

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Lancaster Sun Sensitive range with clean and ocean-friendly formulas
  • Products using carbon-captured ethanol

Awards & Recognition

  • Not disclosed