Coty Announces ESG Rating Upgrades from MSCI and Sustainalytics
April 16 2025 - 4:00AM
Business Wire
MSCI ESG Rating has been upgraded to A from BB
Sustainalytics ESG rating now at low risk and 3rd among Household
Product companies
Coty Inc. (NYSE: COTY) (Paris: COTY) ("Coty" or "the
Company") one of the world’s largest beauty companies with a
portfolio of iconic brands across fragrance, color cosmetics, and
skin and body care, is proud to announce improvements in its
Environmental, Social, and Governance (ESG) ratings from both MSCI
and Sustainalytics.
This achievement underscores Coty's dedication to advancing
sustainability across all aspects of its business.
Coty's MSCI ESG Rating has been upgraded to A from BB. This
improvement reflects enhanced performance across several key ESG
areas, including:
- Packaging Material & Waste
- Raw Material Sourcing
- Chemical Safety
- Corporate Governance
Coty’s MSCI Carbon Footprint score remains at the maximum level,
demonstrating the Company’s ongoing commitment to minimizing its
environmental impact.
Coty improved its Sustainalytics ESG Risk Rating, moving from
23.9 (medium risk) to 18.1 (low risk). This progress places Coty as
the lead amongst global beauty companies and 3rd out of 104 in
Household Products companies as rated by Sustainalytics.
The Company’s Sustainalytics improvement is attributed to
advancements in seven key areas:
- Environmental & Social Impact of Products and Services
- Land Use and Biodiversity
- Water Use
- Human Capital
- Product Governance
- Data Privacy and Security
- Corporate Governance
The upgrades follow Coty’s strong progress in the 2024 CDP
Climate Change disclosure, with the company scoring A-, an increase
from B in 2023. Coty’s FY24 Sustainability Report highlighted key
achievements including surpassing 2030 Scope 1 and 2 emissions
targets with an 82% reduction since 2019, cutting air freight
emissions by 65%, and using 100% renewable electricity in its owned
factories and distribution centers.
About Coty Inc.
Founded in Paris in 1904, Coty is one of the world’s largest
beauty companies with a portfolio of iconic brands across
fragrance, color cosmetics, and skin and body care. Coty serves
consumers around the world, selling prestige and mass market
products in over 120 countries and territories. Coty and our brands
empower people to express themselves freely, creating their own
visions of beauty; and we are committed to protecting the planet.
Learn more at coty.com or on LinkedIn and Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20250416641386/en/
Investor Relations Olga Levinzon +1 212 389-7733
Olga_Levinzon@cotyinc.com Media Antonia Werther +31 621 394495
Antonia_Werther@cotyinc.com
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