Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Ethical Labor Practices
• Environmental Protection
• Social Responsibility

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Opaque and unsustainable supply chains
• Waste generation from fast fashion
• Overuse of natural resources and chemical inputs
• Mistreatment of workers
• Pollution of water and air
• Lack of recycling systems
• Overconsumption
• Deforestation linked to cotton, wool, and leather production
• Harmful impacts of synthetic fibers made from petroleum
• Water scarcity in cotton production regions
• Lack of living wages and unsafe working conditions
• Modern slavery in supply chains

Mitigation Strategies

• Shortening supply chains
• Using environmentally friendly materials
• Implementing ethical labor practices
• Improving supply chain traceability
• Adopting a circular business model
• Investing in sustainable innovation
• Supporting organic cotton and other sustainable materials
• Improving wastewater treatment
• Promoting living wages and safe working conditions
• Addressing modern slavery in supply chains
• On-demand manufacturing
• Recycling and repurposing textile waste

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Sourcing from ethical and sustainable suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Water scarcity
• Deforestation

Transition Risks

• Changing consumer preferences
• Increased regulatory scrutiny

Opportunities

• Development of sustainable materials and technologies

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Bioleather (Modern Meadow)
• Recombinant spider silk (Bolt Threads)
• Recycled cotton pulp (Evrnu)

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Gender Equality
• Loss and Damage

Social Achievements

• Supported gender-responsive and intersectional climate finance initiatives in the Pacific region.

Governance Achievements

• Advocated for improved transparency and accuracy of climate finance reporting.

Climate Goals & Targets

Environmental Challenges

• Australia's climate finance contributions are well below its fair share.
• Wealthy countries are falling short of their USD 100 billion climate finance commitment.
• Insufficient funding for loss and damage.
• Unequal power dynamics in international climate finance negotiations.
• Inadequate access to climate finance for local communities and marginalized groups.
• Risk of overestimation of climate finance due to integration with broader development programming.
• Risk of exacerbating debt burdens in low-income countries through loans.

Mitigation Strategies

• Recommended increasing climate finance contributions to $3 billion for 2020-2025 and $4 billion annually by 2025.
• Advocated for ensuring climate finance is additional to the aid budget.
• Recommended supporting a standalone finance arm for loss and damage.
• Recommended redirecting fossil fuel subsidies towards climate finance.
• Recommended supporting initiatives led by low-income countries.
• Recommended improving transparency and accuracy of climate finance reporting.
• Recommended delivering new climate finance as grants, not loans.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• More frequent and severe cyclones
• Rising sea levels
• Rising food and water insecurity
• Biodiversity loss

UN Sustainable Development Goals

• Goal 13 (Climate Action)

Environmental Metrics

ESG Focus Areas

• Climate change/CO2 emissions
• Packaging, waste and recycling
• Product safety
• Transparency and traceability in the supply chain
• Biodiversity loss
• Supply chain labor conditions
• Diversity, equity & inclusion
• Responsible sourcing
• Animal testing

Environmental Achievements

• Industry participants reduced global greenhouse gas emissions by 3.9%
• Many PCPC member companies have committed to science-based targets (SBTs) to limit global warming to 1.5°C
• Many companies have set public goals to use 100% renewable energy and have joined RE100
• PCPC member companies included on the CDP 2021 Climate Change A list include Beiersdorf, Colgate-Palmolive, Firmenich, Givaudan, International Flavors and Fragrance, Kao, Kering, Kose, Johnson & Johnson, L’Oréal, Symrise, The Estée Lauder Companies and Unilever.
• Many PCPC member companies have made commitments to zero waste in operations
• PCPC member companies that are committed to the Plastic Pact include Beiersdorf, Colgate-Palmolive, Henkel, Kimberly-Clark, L’Oréal, Johnson & Johnson, Natura, Reckitt Benckiser, The Clorox Company and Unilever.
• PCPC member companies included on the CDP 2021 Water Security A list include Colgate-Palmolive, Firmenich, International Flavors and Fragrance, Kao, Kering, L’Oréal, Symrise and Unilever.

Social Achievements

• More than 75% of PCPC member companies have DEI policies and programs in place
• The beauty and personal care products industry launched the Look Good Feel Better (LGFB) program in 1989, serving more than 2.1 million women in 27 countries.
• PCPC advocated for the passage of the CROWN Act to end race-based hair discrimination.

Governance Achievements

• PCPC established a Board-appointed DEI Advisory Group to provide strategic direction and guidance for PCPC’s DEI strategy and focus areas.

Climate Goals & Targets

Environmental Challenges

• Increasing waste generation rates globally
• Biodiversity loss
• Climate change impacts
• Supply chain disruptions
• DEI challenges within the industry

Mitigation Strategies

• Transitioning to a circular economy model for packaging
• Implementing responsible sourcing practices
• Setting ambitious carbon reduction targets and transitioning to renewable energy
• Developing and implementing DEI programs and policies
• Working with suppliers to improve sustainability efforts throughout the value chains

Supply Chain Management

Responsible Procurement

• Code of conduct for suppliers
• Responsible Mica Initiative (RMI)
• Roundtable on Sustainable Palm Oil (RSPO)

Climate-Related Risks & Opportunities