Coty Announces ESG Rating Upgrades from MSCI and Sustainalytics
NEW YORK, April 16, 2025--(BUSINESS WIRE)--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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250416641386/en/
Contacts
Investor RelationsOlga Levinzon+1 212 389-7733Olga_Levinzon@cotyinc.com MediaAntonia Werther+31 621 394495Antonia_Werther@cotyinc.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a day ago
- Yahoo
Unlocking Q4 Potential of Coty (COTY): Exploring Wall Street Estimates for Key Metrics
The upcoming report from Coty (COTY) is expected to reveal quarterly earnings of $0.01 per share, indicating an increase of 133.3% compared to the year-ago period. Analysts forecast revenues of $1.2 billion, representing a decline of 11.7% year over year. Over the last 30 days, there has been an upward revision of 8.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights. In light of this perspective, let's dive into the average estimates of certain Coty metrics that are commonly tracked and forecasted by Wall Street analysts. Analysts predict that the 'Net Revenues- Prestige' will reach $721.85 million. The estimate suggests a change of -10.1% year over year. The collective assessment of analysts points to an estimated 'Net Revenues- Consumer Beauty' of $477.45 million. The estimate indicates a year-over-year change of -14.8%. The consensus estimate for 'Adjusted Operating Income (Loss)- Prestige' stands at $76.95 million. Compared to the present estimate, the company reported $87.80 million in the same quarter last year. The average prediction of analysts places 'Adjusted Operating Income (Loss)- Consumer Beauty' at -$1.36 million. Compared to the current estimate, the company reported $20.20 million in the same quarter of the previous year. View all Key Company Metrics for Coty here>>> Coty shares have witnessed a change of +1% in the past month, in contrast to the Zacks S&P 500 composite's +3.3% move. With a Zacks Rank #3 (Hold), COTY is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Coty (COTY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Bloomberg
2 days ago
- Bloomberg
Bloomberg Daybreak Asia: US Inflation Picks Up; APAC Consumption in Focus
Asian shares edged higher at the open, led by Japanese equities after the country's gross domestic product beat estimates. MSCI's gauge of Asian shares rose 0.2% as the Topix Index in Japan gained 0.8%. The country's economy expanded faster than expected last quarter, avoiding a recession. Stateside, bonds held their losses after higher inflation data caused traders to pare Federal Reserve interest-rates cuts, sending two-year Treasury yields higher by six basis points to 3.73%. A gauge of the dollar was little changed after gaining 0.4% in the prior session. Risk sentiment had been buoyed in previous days by expectations of monetary easing in the US, with traders fully pricing in a quarter-point reduction. But with US wholesale inflation accelerating in July by the most in three years, traders trimmed the odds of a September rate cut to about 90% from near certainty. We get reaction from Mark Luschini, Chief Investment Strategist at Janney Montgomery Scott. Plus - traders in Asia will also focus on China's monthly data, which will help gauge the health of the economy as it battles a US trade war and the longest deflation streak since at least the 1990s. Worries of a deepening downturn are mounting, with expectations retail sales growth and industrial production slowed in July from the month prior, according to Bloomberg surveys. We check on the state of consumption in the Asia-Pacific with Matthew Driver, Executive Vice President of Services, APAC at Mastercard.
Business Upturn
2 days ago
- Business Upturn
MSCI Forges Strategic Collaboration with PNC Bank to Expand Personalized Wealth Management
By Business Wire India Published on August 14, 2025, 09:58 IST Business Wire India MSCI Inc. (NYSE: MSCI) and PNC Bank have entered into a strategic collaboration to provide financial advisors of PNC with access to MSCI Wealth Manager – a fully integrated digital platform with robust analytics, portfolio management tools, institutional-grade research and solutions to help advisors create more personalized experiences for end-investors. From high-net-worth and emerging-affluent individuals to large, sophisticated institutional investors, asset and wealth managers are increasingly asked to create customized portfolios that reflect their end-clients' unique financial goals, risk tolerance and values. MSCI Wealth Manager was designed to support advisors' efforts to provide tailored financial advice to a wider range of clients by unifying portfolio construction, model management, analytics and client proposal generation within a single solution. MSCI Wealth Manager connects advisors and investment teams through a unified ecosystem built on MSCI's multi-asset class (MAC) risk model. The solution is designed to quickly illustrate risks in a client portfolio by identifying assets that are outliers based on the clients' risk appetite. Furthermore, advisors can compare, align and personalize their clients' portfolio around recommended asset allocations on the MSCI Wealth Manager platform. With MSCI Wealth Manager, advisors can: Differentiate their clients' experiences by providing a base of transparent, multi-asset analytics, risk decomposition tools, and outcome-based investment insights that can be retrofit to an individual investor's goals; Tap into new opportunities by leveraging MSCI's deep expertise in index construction, sustainability, and private asset coverage, as well as factor modeling; and Analyze portfolio data from current and prospective clients' investment statements, which can be uploaded directly to the platform. 'MSCI Wealth is proud to support PNC as it continues to drive greater personalized wealth experiences,' said Alex Kokolis, Global Head of Wealth at MSCI. 'This collaboration reflects a growing trend across the industry: Advisors are seeking better ways to navigate market complexity and meet evolving client needs. With MSCI Wealth Manager, firms like PNC can equip their advisors with the insights, data, and technology that can be used to scale advice delivery and support their clients with greater clarity and confidence.' About MSCI MSCI Inc. (NYSE: MSCI) strengthens global markets by connecting participants across the financial ecosystem with a common language. Our research-based data, analytics and indexes, supported by advanced technology, set standards for global investors and help our clients understand risks and opportunities so they can make better decisions and unlock innovation. We serve asset managers and owners, private-market sponsors and investors, hedge funds, wealth managers, banks, insurers and corporates. To learn more, please visit This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and involve risks that may cause actual results or performance differ materially and you should not place undue reliance on them. Risks that could affect results or performance are in MSCI's Annual Report on Form 10-K for the most recent fiscal year ended on December 31 that is filed with the SEC. MSCI does not undertake to update any forward-looking statements. No information herein constitutes investment advice or should be relied on as such. MSCI grants no right or license to use its products or services without an appropriate license. MSCI MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR OTHERWISE WITH RESPECT TO THE INFORMATION HEREIN AND DISCLAIMS ALL LIABILITY TO THE MAXIMUM EXTENT PERMITTED BY LAW. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash Business Wire India, established in 2002, India's premier media distribution company ensures guaranteed media coverage through its network of 30+ cities and top news agencies.
