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Coty Champions Eco-Desirability and Transparency in FY25 Sustainability Report
Businesswireยท 2025-10-31 06:00
Core Insights - Coty Inc. has released its Fiscal Year 2025 (FY25) Sustainability Report, highlighting its commitment to sustainability and transparency in the beauty industry [1][2] - The report marks Coty's first under the EU Corporate Sustainability Reporting Directive (CSRD), emphasizing double materiality and improved data management [2] Sustainability Achievements - Coty reduced water withdrawal by 16%, aiming for a 25% reduction by 2030 compared to 2019 levels [4] - The company launched decarbonization targets for suppliers and received recognition on the CDP Supplier A List [4] - Coty introduced a new online resource for ingredient transparency, enhancing consumer access to information [4] Product Innovations - The company advanced eco-desirability with the introduction of BOSS The Scent's refillable and 17% lighter glass bottle, and the first refillable mascara under Max Factor [4] - Coty expanded its refillable fragrance portfolio and patented the Artcycling concept in the Netherlands, promoting circularity [4] Certifications and Recognitions - Achieved 99% FSC certification for folding box product packaging and secured 100% RSPO certification for palm oil sourcing [4] - Obtained Leaping Bunny approval for several brands, joining others in promoting cruelty-free products [4] - Received high ratings from various sustainability assessment organizations, including CDP (A-), MSCI (A), and Sustainalytics (Low Risk) [4]