Olaplex Holdings, Inc.
Climate Impact & Sustainability Data (2024-01-01 to 2024-03-31, 2024-06-30, 2024-09-30)
Reporting Period: 2024-01-01 to 2024-03-31
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024-06-30
Environmental Metrics
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024-09-30
Environmental Metrics
Climate Goals & Targets
Medium-term Goals:
- launch two-to-four products annually over the next three years
Environmental Challenges
- Increased competitive activity including discounting in the prestige hair care category, which may continue in a heightened inflationary environment.
- Inflationary pressures on our consumers, and are monitoring the impact that increasing inflationary pressures may have on consumer spending and preferences and inventory rebalancing at our customers in an increasingly competitive industry.
Mitigation Strategies
- Investing in enhancing our brand equity. Our marketing model remains focused on implementing high return on investment, performance marketing activities aimed at fueling growth.
- Launching two-to-four products annually over the next three years. To support this pipeline, we intend to continue to invest in research and development to strengthen our internal innovation capabilities.