Coty Inc

Personal Products
COTY
$ 13 (2.8)%
Share price
$ 12 bn
Market Cap
$ 16 bn
Enterprise Value

Carbon footprint

4.2 Ton
GHG emissions per $ 1 mln investment
0.13x the weighted average for S&P 500
FY2020
How is this calculated?
-15%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Coty Inc's GHG emissions (market-based) (Kt of CO2e)
Coty Inc's Carbon intensity (Tons per 1 USDm)

Coty Inc's carbon footprint

Coty Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2020 at 65 Kt (-11 /-14.8% y-o-y). At the same time, carbon intensity increased to 14 t (+1.7/+14% y-o-y).

Coty Inc's Scope 3 emissions declined to 35 Kt (-5.5 /-13.4% y-o-y). The decline accelerated compared to the CAGR of -10.2% since 2Q'17.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Coty Inc also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. COTY commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year*. COTY also commits to increase annual sourcing of renewable electricity from 5% in 2019 to 100% by 2030. COTY further commits to reduce absolute scope 3 GHG emissions 28% within the same timeframe. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks

Company environmental metrics

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