11.28.23
Coty Inc. has unveiled its 2023 Sustainability Report (reported as July 2022 to June 2023), including new benchmarks across its three pillars: Product, Planet, and People.
In November 2022, Coty announced new packaging targets to guide its progress.
Following these successes, Coty introduced a refill solution for the Maison’s signature fragrance, Chloé Signature Eau de Parfum. Burberry’s first refillable solution, Burberry Goddess Eau de Parfum, also launched in July 2023.
In June 2023, the company also switched from a plastic blister pack to a new paperboard outer pack for all its Bourjois color cosmetics in France, avoiding approximately three metric tons of plastic. Coty aims to expand this initiative beyond Bourjois in the future.
“These accomplishments are a point of pride for all of us at Coty. However, they merely serve as stepping stones towards the larger and more ambitious goals we continue to set for ourselves. There is still much more to be done, and we accept the challenge wholeheartedly,” said Coty CEO, Sue Nabi.
Read Coty’s latest Sustainability Report or revisit last year’s Sustainability Report.
Benchmarks in Sustainable Packaging
Coty’s strategy to minimize the environmental impact of its packaging focuses on four “Rs”: reduce, recycled, recyclable, reuse/refill. All new innovations are reviewed against this strategy, while the company also deploys the Sustainable Packaging Initiative for Cosmetics (SPICE) Life Cycle Assessment Tool for embedding sustainability into the packaging design.In November 2022, Coty announced new packaging targets to guide its progress.
Refillables
Packaging benchmarks in fiscal 2023 included Coty launching its first refillable solutions, including the Adidas new Active Skin & Mind shower gels range, and Chloé Naturelle Intense Eau de Parfum.Following these successes, Coty introduced a refill solution for the Maison’s signature fragrance, Chloé Signature Eau de Parfum. Burberry’s first refillable solution, Burberry Goddess Eau de Parfum, also launched in July 2023.
Reducing Plastic
Additionally, Coty has been working to remove plastic from its gift sets and has now replaced most plastic vacuum formed trays and dust lids with board and paper materials.In June 2023, the company also switched from a plastic blister pack to a new paperboard outer pack for all its Bourjois color cosmetics in France, avoiding approximately three metric tons of plastic. Coty aims to expand this initiative beyond Bourjois in the future.
Other Highlights
Additional highlights from Coty’s FY23 Sustainability Report include:- Coty offers 14-week global minimum parental leave for all employees, regardless of gender.
- Coty exceeds its SBTi1-approved Scope 1 and 2 emissions reduction targets, achieving an impressive 82% reduction, significantly overachieving the 50% target.
- Coty surpasses its energy reduction target, achieving a 23% energy reduction compared with its target of 20%.
- Coty factories and distribution centers also achieve their goals of zero waste to landfill and an 80% recycling rate ahead of 2030 schedule.
- Looking beyond 2030, Coty has committed to the SBTi to set long-term emissions reduction targets in line with science-based net-zero2.
- Coty drives sustainable actions across its portfolio by integrating innovative biotechnology into product formulas, launching new products crafted with 100% carbon-captured alcohol, and expanding its list of cruelty-free brands with philosophy and Monange achieving Leaping Bunny approval by Cruelty Free International.
- Coty introduces global sustainability training for all associates and restructures its corporate Sustainability Office with new leadership.
“These accomplishments are a point of pride for all of us at Coty. However, they merely serve as stepping stones towards the larger and more ambitious goals we continue to set for ourselves. There is still much more to be done, and we accept the challenge wholeheartedly,” said Coty CEO, Sue Nabi.
Read Coty’s latest Sustainability Report or revisit last year’s Sustainability Report.
