In 2024, Proya Cosmetics completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Proya Cosmetics has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 2,730.48a | 2,054.66a | 1,015.54a | |
Total Scope 2 | ||||
Market-Based | 8,848.67a | N/A | N/A | |
Location-Based | 11,920.27a | N/A | N/A | |
Unspecified Calculation Method | N/A | 5,366.23a | 6,918.35a | |
Total Scope 3 | 107,692.26a | 88,194.52a | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.8488a | 1.6399a | 1.1074a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Proya Cosmetics amounted to 14,650.75 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Proya Cosmetics increased by 97.43%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Proya Cosmetics were 2,730.48 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Proya Cosmetics's Scope 1 emissions have increased by 100.66%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Proya Cosmetics's Scope 1 emissions increased by 32.89%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Proya Cosmetics reported Scope 2 greenhouse gas (GHG) emissions of 8,848.67 tCO₂e using the market-based method and 11,920.27 tCO₂e using the location-based method.a
In 2024, Proya Cosmetics reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Proya Cosmetics reported 107,692.26 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Proya Cosmetics includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Proya Cosmetics reported total Scope 3 emissions of 107,692.26 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 96.92% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.08% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Proya Cosmetics's Scope 3 emissions increased by 22.11%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Proya Cosmetics reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Proya Cosmetics's Scope 3 emissions were:a
In 2024, Proya Cosmetics reported Scope 1 greenhouse gas (GHG) emissions of 2,730.48 tCO₂e and total revenues of USD 1,477 millions. This translates into an emissions intensity of 1.85 tCO₂e per millions USD.a
In 2024, Proya Cosmetics reported a Scope 1 emissions intensity of 1.85 tCO₂e per millions USD. Compared to the peer group median of 4.95, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Proya Cosmetics ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Proya Cosmetics is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Proya Cosmetics reported a total carbon footprint of 122,343.01 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 27.95% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Proya Cosmetics's total carbon footprint was Scope 3 emissions, accounting for 88.02% of the company's total carbon footprint, followed by Scope 2 emissions at 9.74%.a