cosnova GmbH
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:77,811 t CO2e (2019)
ESG Focus Areas
- Climate protection
- Harmlessness of products
- Waste prevention
- Working conditions at business partners
- Social initiatives
Environmental Achievements
- Reduced CO2 emissions by offsetting 2441 t CO2e for climate-neutral products
- Saved 90 tonnes of material through packaging reduction (e.g., 27% less material in essence extreme shine lipgloss cap)
- Used post-consumer recyclates (rPP and rPET) in packaging, saving 300 tonnes of new plastic annually
- Reduced logistics-related emissions by adjusting supply chains (approx. 26.7 tonnes of CO2 saved)
- 96% of products are microplastic-free by the end of 2021, aiming for 100% by March 2023
- Switched to paper tape instead of plastic tape, saving approximately 300 km of plastic tape per year
Social Achievements
- Partnership with Plastics for Change to develop waste management infrastructure in India
- Partnership with WWF to combat plastic pollution in Thailand and Vietnam
- Collaboration with SPAZIO APERTO COOPERATIVA SOCIALE in Italy to provide work opportunities for disadvantaged people
- Support for children's villages in Lithuania and Tafel Deutschland e.V. in Germany
- Investment in social and sustainable projects globally, focusing on women and children
- Offered employees two paid working days annually for social commitment
Governance Achievements
- Joined the Science Based Targets initiative (SBTi)
- All direct suppliers signed the cosnova Code of Conduct
- Sustainability assessment of all suppliers by EcoVadis
- On-site social audits of risk suppliers with ELEVATE Global
- Implementation of an on-site audit system for risk suppliers
Climate Goals & Targets
Medium-term Goals:
- 50-75% use of recycled or renewable materials by 2025
Short-term Goals:
- Reduce CO2 emissions by 42% by 2032
- Reduce logistics-related emissions by 25% by 2032
- 100% elimination of microplastic particles by March 2023
- 15-30% material reduction by 2025
- 50-75% recyclable, reusable, or compostable packaging by 2025
- 100% elimination of D5 & D6 (volatile silicones) by 2025
- 100% supply chain transparency for natural mica from India by 2023
- All suppliers to sign cosnova Code of Conduct by 2025
Environmental Challenges
- Supply chain disruptions (implied)
- Waste management challenges in developing countries
- Plastic pollution in oceans
- Lack of capacity for waste disposal and recycling in certain regions
Mitigation Strategies
- Adjusted supply chains to reduce logistics emissions
- Partnered with Plastics for Change and Eurociclo for waste management
- Partnered with WWF to combat plastic pollution
- Implemented material reduction strategies
- Increased use of recycled materials in packaging
- Developed a comprehensive climate strategy aligned with SBTi
Supply Chain Management
Supplier Audits: Social compliance audits of risk suppliers; sustainability rating of all suppliers by EcoVadis
Responsible Procurement
- Code of Conduct for suppliers
- EcoVadis sustainability assessment for suppliers
- On-site social audits of risk suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SBTi
Sustainable Products & Innovation
- Microplastic-free products
- Vegan products
- Products complying with Clean Beauty guideline