As of 2023, Estee Lauder Companies has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Estee Lauder Companies ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
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Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Net Revenue | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Net Revenue | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2023, Estee Lauder Companies has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2023, Estee Lauder Companies has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Estee Lauder Companies's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 62,857.143 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.
Estee Lauder Companies has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule.
As of 2023, Estee Lauder Companies has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
Estee Lauder Companies's most ambitious value chain target is to reduce these emissions by 60% by 2030, compared to a baseline of 121.92 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Net Revenue in 2018.
As of 2023, Estee Lauder Companies is lagging behind on its value chain emissions reduction target, having achieved 1.67% of the planned reduction.