Coty reduces scopes 1 and 2 emissions by 83% and obtains SBTi validation
Coty published its 2026 sustainability report on October 21, 2026, as part of its 'Beauty That Lasts' strategy. The document reports a decline in water withdrawals and virgin plastic usage, as well as investments in digital and managerial skills for employees.
Emissions reduced by 83% on scopes 1 and 2 since 2019
The perfume and cosmetics manufacturer stated that the Science Based Targets initiative (SBTi) had validated its net-zero emissions target. This objective includes the commitment to reduce absolute greenhouse gas emissions from scopes 1, 2 and 3 by 90% by 2050, compared to the 2019 fiscal year as the baseline. For fiscal year 2026, the group reported an 83% reduction in scopes 1 and 2 emissions and a 29% reduction in scope 3 emissions, compared to fiscal year 2019. Coty also achieved its water withdrawal reduction target, with a decline of 30% on the same basis. Virgin plastic usage decreased by 53%. The target set by the group is a 60% reduction by 2030.
Artificial intelligence training and extra-financial ratings
On the social front, Coty indicated that it had provided practical management tools to team leaders and trained more than 2,000 employees in artificial intelligence across 11 countries. The group also obtained an A rating from CDP Climate, an AA rating from MSCI ESG Ratings, a 'low risk' assessment from Sustainalytics, and a Gold distinction from EcoVadis. This report is the second prepared by Coty in accordance with the European directive on disclosure of sustainability information (CSRD). The company clarifies that its sustainability disclosures are not intended to communicate information that is material for investment purposes under United States securities law. Markus Strobel, acting president and chief executive officer, stated that in the ongoing transformation, the priority remained 'creating long-term value' through the 'Coty.Curated' framework. According to him, the progress made in fiscal year 2026 in terms of climate, resource efficiency and skills contribute to building a 'stronger and more resilient' group.
