Estee Lauder

Personal Products

$ 140 0.3

Share price

$ 50 bn

Market Cap

$ 57 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.01x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2023

Estee Lauder aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2018

This target is most likely outdated and the company appears to have already achieved it

1.5°C

GHG emissions and Carbon intensity

Estee Lauder reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 30 June 2022 at 29 Kt (-52 /-64.1% y-o-y). Also positively, carbon intensity tumbled to 1.6 t (-3.4 /-68% y-o-y).

Estee Lauder's Scope 3 emissions grew to 2,359 Kt (+218/+10% y-o-y). The growth has slowed compared to the trend since 2Q'17 (CAGR +115%).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2018, which it appears to have already achieved as of 2022. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Carbon offsets	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q2	29	28	1.3			17,737	1.6
2021Q2	81	24	57	2,359		16,215	5
2020Q2	87	27	60	2,141	(64)	14,294	6.1
2019Q2	91	29	62	75		14,863	6.1
2018Q2	92	30	62	1,805		13,683	6.7
2017Q2	95	37	59	52
2016Q2	93	32	61	58