on COTY INC (isin : US2220702037)
Coty Unveils FY26 Sustainability Progress: Reduced Emissions and Plastic Use
Coty Inc. has released its Fiscal Year 2026 Sustainability Report, highlighting significant environmental strides. The company validated its Net Zero 2050 target, with commitments to cut greenhouse gas emissions by 90% from a FY19 baseline. It has already reduced Scope 1 and 2 emissions by 83% and Scope 3 by 29%. Water withdrawal decreased by 30%, and virgin plastic usage saw a reduction of 53%, aiming for 60% by 2030.
Investments have been made in employee skills, with leadership tools and AI training reaching over 2,000 employees globally. Coty's efforts have been recognized with high ratings from CDP Climate, MSCI ESG, Sustainalytics, and EcoVadis. The report follows the EU Corporate Sustainability Reporting Directive, enhancing transparency and accountability.
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