Estee Lauder

Estee Lauder reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2021 at 81 Kt (-5.6 /-6.5% y-o-y). Also positively, carbon intensity plummeted to 5 t (-1.1 /-18% y-o-y).

Estee Lauder's Scope 3 emissions skyrocketed to 2,075 Kt (+2,000/+2670% y-o-y). This is a higher growth rate than over the period since 2Q'18 (+250% CAGR).

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

Estee Lauder also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. The Estée Lauder Companies Inc. commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2018 base year. The Estée Lauder Companies Inc. also commits to reduce scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, and business travel 60% per unit revenue over the same timeframe.