The report outlines Coty's progress towards achieving the targets set out in their Beauty That Lasts sustainability strategy and shares plans for the year ahead. The report includes several highlights such as the transition of all their supply chain sites to renewable electricity, leading to a reduction of their emissions of 70% for these sites in FY21 compared to 2019. They also established a new partnership with LanzaTech to use sustainable ethanol made from carbon-captured emissions in their fragrances, which is a major technological breakthrough with huge implications for the beauty industry. Finally, the report highlights their commitment to diversity, equity, and inclusion with the launch of five Employee Resource Groups (ERGs) in their US operations and continued efforts to ensure that their workplace is welcoming, safe and inclusive for all associates.
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Coty Inc 2021 Sustainability Report
Issuing Company Coty Inc.
Report Type Sustainability Report
Report Language EN
Report Filesize 4.95 MB
No. of Pages 47 pages
Reporting periodJuly 2020-June 2021
Report Edition2
Assurance Provider KPMG
Reporting Standards GRI; UNGC; Science-Based Targets initiative; others
Materiality Assessmenttrue