Business Wire

Coty Sharpens Climate Goals, Cuts Water and Packaging Use in FY26 Sustainability Report

Business Wire

NEW YORK, October 21, 2026--Regulatory News:

Today, Coty Inc. (NYSE: COTY) (Paris: COTY) ("Coty" or "the Company") released its Fiscal Year 2026 (FY26) Sustainability Report under its Beauty That Lasts strategy. The report details advances across focus areas, including validation of Coty's Net Zero 2050 target, reductions in water withdrawal and virgin plastic use, and investment in employees' digital and leadership skills.

Coty Executive Chairman and Interim Chief Executive Officer Markus Strobel commented, "As Coty transforms, our focus remains firmly on creating long-term value through our Coty.Curated framework. Our FY26 sustainability progress, from climate ambitions and greater resource efficiency to investing in the capabilities our people need for the future, is helping us build a stronger, more resilient Coty."

Highlights from FY26

  • Received Science Based Targets initiative (SBTi) validation of its net-zero target, including a commitment to reduce absolute Scope 1, 2, and 3 greenhouse gas emissions by 90% by 2050 from an FY19 baseline.

  • Cut Scope 1 and 2 greenhouse gas emissions by 83% and Scope 3 emissions by 29% versus its FY19 baseline.

  • Achieved its water withdrawal reduction target, with a 30% reduction versus its FY19 baseline.

  • Decreased virgin plastic use by 53% toward its goal of a 60% reduction by 2030.

  • Invested in future-ready skills, equipping people managers with practical leadership tools and providing AI training to more than 2,000 employees across 11 countries.

Coty continued to perform strongly in third-party sustainability assessments. The Company received an A rating from CDP Climate, an AA rating from MSCI ESG Ratings, a Low Risk assessment from Sustainalytics, and a Gold rating from EcoVadis.

This year's report is Coty's second report prepared in accordance with the EU Corporate Sustainability Reporting Directive (CSRD). Additional information regarding the relevant assessment periods and methodologies is available in the FY26 Sustainability Report on the company's ESG Reporting Hub on Coty.com.

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.