Coty Australia
Personal care, especially fragrances

Overall

Owned LUX
Rating F
About the Ratings

Company Ownership

Coty Australia Pty Ltd
AUS
Coty Inc
owns 100% of Coty Australia Pty Ltd
USA
Beauty products
Following the merger with Proctor & Gamble's Specialty Beauty Business in 2016, Coty is the third-largest beauty company in the world. German consumer goods giant Joh. A. Benckiser GmbH acquired Coty in 1996.
JAB Holding Company SARL
owns 60% of Coty Inc
LUX
Holding company
Owned by four siblings from one of Europe's wealthiest and most private families, the Reimanns. The company is run my three CEOs, who collectively own about 8% of JAB. Owns controlling stakes in beauty business Coty, coffee giant JDE Peet's, beverages giant Keurig Dr Pepper and Krispy Kreme Doughnuts, among others.

Company Assessment

(Last updated Aug 2024)
Coty Australia Pty Ltd
Praise
This company received the highest packaging performance level of 5 (Beyond Best Practice) in its 2024 APCO Annual Report. Australian Packaging Covenant Organisation (APCO) is a not-for-profit organisation leading the development of a circular economy for packaging in Australia. Each year, APCO Members are required to submit an APCO Annual Report and Action Plan, which includes an overall performance level from 1 (Getting Started) to 5 (Beyond Best Practice).
Source: APCO (2024)
Information
This company has been criticised for offensive advertising. In 2016 the Advertising Standards Bureau upheld complaints about a cinema ad by this company on the grounds that it breached advertising codes. The ad was subsequently discontinued or modified.
Coty Inc
Praise
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of B.
Source: CDP (2023)
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 69.6/100, ranking 31st in the Consumer Goods sector, and 339th overall.
Criticism
Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 15.9%.
As You Sow's 2024 Plastic Promises Scorecard measures the corporate ambition and action of 225 large companies across six industries on six core pillars of plastic packaging pollution prevention: 1) Recyclability, 2) Reduction, 3) Recycled Content, 4) Recovery, 5) Reuse, and 6) Producer Responsibility. This company received a grade of F.
This company appears on PETA's (People for the Ethical Treatment of Animals, USA) 'Companies That Do Test On Animals' list, signifying that they manufacture products that are tested on animals at some stage of development.
Source: PETA (2022)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 766th of 937 companies, and 9th of 10 Personal Products companies.
This company received an S&P Global ESG Score of 19/100 in the Personal Products category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
This company scores Ethical Consumer's worst rating for their use of palm oil, signifying they are using no or minimal certified palm products, and with no or minimal positive commitments.
The PalmOil Scan app, produced by the World Association of Zoos and Aquariums (WAZA), rates companies on their commitment to sourcing sustainable palm oil. Companies are scored on their use of certified sustainable palm oil (CSPO), commitment to sourcing CSPO, on-the-ground conservation action, and membership to the RSPO. Companies can earn a rating of Excellent, Good, Poor or No Commitment. This company is rated "Poor" (retrieved 18 Nov 2023).
Source: WAZA (2023)
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2024 and received a score of 6/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
As You Sow's 2021 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Pierre Laubies came in at number 22 on the list, having been paid US$16,211,992 in 2020. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
The Nature Benchmark ranks 816 companies across 20 industries on their efforts to protect our environment and its biodiversity. Companies were assessed in three phases between 2022 and 2024 using three measurement areas: governance and strategy; social inclusion and community impact; and ecosystems and biodiversity. This company was assessed in 2024 and is ranked #339/816, with a total score of 16.6/100.
Information
This company uses plastic microbeads in some of its personal care products. These particles are not retained by wastewater treatment so end up in the ocean where they contribute to ocean plastic pollution, and are hazardous to sea life. While the effects of microplastics on human health are not completely understood, there are concerns about plastic additives, such as phthalates, which are known endocrine disruptors which are shown to have harmful effects on life.
In 2022 the median pay for a worker at this company was US$38,853. The CEO was paid 92 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
In 2016 Greenpeace East Asia ranked the world's 30 biggest personal care companies on their commitment to eliminating microbeads from their personal care products. The scorecard was based on four main criteria: commitment & transparency, definition, deadline and global application. This company ranked joint second. Microbeads are not retained by wastewater treatment and end up in the ocean where they are a threat to the marine environment.
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: commit to 100% renewable power.
This company is a member of the Responsible Beauty Initiative, an industry initiative focused on sustainable procurement. It was founded in 2017 to improve sustainability throughout the entire beauty supply chain, through sharing best practices and processes, driving a common understanding across the industry, and to use and share common tools, creating efficiencies.
This company is a member of the Responsible Mica Initiative, a Do-Tank which aims to eradicate child labour and unacceptable working conditions in the Indian mica supply chain by joining forces across industries.
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
JAB Holding Company SARL
Criticism
The Business Benchmark on Farm Animal Welfare (BBFAW) 2023 Report ranks global food companies on their farm animal welfare policies, practices and performance. This company appeared in tier 6, "No evidence on the business agenda", with tier 1 being the best, and tier 6 the worst.
This company received an S&P Global ESG Score of 1/100 in the Diversified Financial Services and Capital Markets category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Information
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
This article about Coty's failed 2012 bid to buy Avon discusses the history of Joh A Benckiser and its owners, the Reimann family, one of Europe's wealthiest and most private families.

Company Details

Type:
Wholly-owned subsidiary
Revenue:
243 million AUD (2023)
Employees:
120 (2023)

Contact Details

Address:
Level 31, 1 Market St, Sydney, NSW, 2000, Australia
Phone:
02 9267 5500
Freecall:
1800 812 663
Website:
www.coty.com

Products / Brands

Coty Australia
adidas Fragrances
adidas Mens Grooming
Adidas Deodorant
Airbrush Legs Tanning Lotions
Baby Phat Fragrances
Balenciaga Fragrances
Beyonce Fragrances
Bourjois Cosmetics
Celine Dion Fragrances
Cerruti Fragrances
Chopard Fragrances
Covergirl Cosmetics
David Beckham Fragrances
David Beckham Mens Grooming
Davidoff Fragrances
Gucci Fragrances
Gwen Stefani Fragrances
Halle Berry Fragrances
Jennifer Lopez Fragrances
Jil Sander Fragrances
Joop! Fragrances
Jovan Fragrances
Kate Moss Fragrances
Kylie Minogue Fragrances
Lacoste Fragrances
Lagerfeld Fragrances
Lancaster Fragrances
Max Factor Cosmetics
Nautica Fragrances
Nikos Fragrances
NYC - New York Colour Cosmetics
Phat Farm Fragrances
Playboy Deodorant
Playboy Mens Grooming
Rimmel Cosmetics
Sally Hansen Nail Care
Sally Hansen Cosmetics
Sally Hansen Tanning Lotions
Sarah Jessica Parker Fragrances
Vidal Sassoon Shampoo
Coty Australia / Hugo Boss (brand owner)
Hugo Boss Fragrances
Coty Australia / Burberry (brand owner)
Burberry Fragrances
Coty Australia / Vivienne Westwood (brand owner)
Vivienne Westwood Fragrances
Coty Australia / Vera Wang (brand owner)
Vera Wang Fragrances
Coty Australia / LVMH (brand owner)
Marc Jacobs Fragrances
Coty Australia / Kenneth Cole (brand owner)
Kenneth Cole Fragrances
Coty Australia / Richemont (brand owner)
Chloe Fragrances
Coty Australia / PVH (brand owner)
Calvin Klein Fragrances