Puig Brands SA

Common Name
Puig Brands
Country
Spain
Sector
Consumer Defensive
Industry
Household & Personal Products
Employees
12,000
Ticker
PUIG
Exchange
BOLSA DE MADRID
Description
Puig Brands, S.A. is a Spanish multinational specializing in the design, manufacture, and marketing of high-end beauty, personal care, and perfumery products. Established in 1914 and family-managed fo...

Puig Brands's GHG Emissions Data Preview

In 2024, Puig Brands 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).

Puig Brands has also provided a category-level breakdown for 14 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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b
0000000
Location-Based
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b
0000000
Total Scope 3
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Puig Brands’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Puig Brands’s data sources below and access millions more through our Disclosure Search.

a. Puig Brands's Annual Report 2024
a. Puig Brands's Annual Report 2024
b. Puig Brands's Annual Report 2023
b. Puig Brands's Annual Report 2023

Insights into Puig Brands's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Puig Brands amounted to 7,361 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 Puig Brands decreased by 10.4%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Puig Brands's Scope 1 Emissions Over Time

20222023202401.5 k3 k4.5 k6 ktCO2e-22%-20%
  • Total Scope 1
  • Year-over-Year Change

What are Puig Brands's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Puig Brands were 3,347 metric tons of CO₂ equivalent (tCO₂e). a

Has Puig Brands reduced its Scope 1 emissions over time?

Since 2022, Puig Brands's Scope 1 emissions have decreased by 37.47%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Puig Brands's Scope 1 emissions decreased by 19.93%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Puig Brands's Scope 2 emissions?

In 2024, Puig Brands reported Scope 2 greenhouse gas (GHG) emissions of 1,082 tCO₂e using the market-based method and 4,014 tCO₂e using the location-based method. a

Has Puig Brands reduced its Scope 2 emissions over time?

Since 2022, Puig Brands's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 12.43%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Puig Brands's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Puig Brands 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Puig Brands use for Scope 2 reporting?

In 2024, Puig Brands reported its Scope 2 emissions using the market-based method and using the location-based method. a

Puig Brands's Scope 2 Emissions Over Time

20222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Puig Brands's Value Chain Emissions

In 2024, Puig Brands reported 561,281 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 Puig Brands includes a breakdown across 14 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Puig Brands's Scope 3 Emissions Over Time

2022202320240200 k400 k600 k800 ktCO2e+8%-14%
  • Total Scope 3
  • Year-over-Year Change

What are Puig Brands's Scope 3 emissions?

In 2024, Puig Brands reported total Scope 3 emissions of 561,281 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 97.38% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.62% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Puig Brands reduced its Scope 3 emissions over time?

Since 2022, Puig Brands's Scope 3 emissions have remained relatively stable, indicating that Puig Brands 's emissions have plateaued with no significant change in its value chain footprint. a b

Compared to the previous year (2023), Puig Brands's Scope 3 emissions decreased by 14.37%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Puig Brands disclose?

In 2024, Puig Brands reported emissions for 14 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Puig Brands's Scope 3 emissions?

In 2024, the largest contributors to Puig Brands's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 422,192 tCO₂e (75.22%)
  • Upstream Transportation and Distribution (Cat. 4): 62,437 tCO₂e (11.12%)
  • Capital Goods (Cat. 2): 31,971 tCO₂e (5.7%)

Puig Brands's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(5.7%)UpstreamTransportation andDistribution(Cat. 4)(11.1%)Purchased Goods andServices (Cat. 1)(75.2%)

Insights into Puig Brands’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Puig Brands reported Scope 1 greenhouse gas (GHG) emissions of 4,180 tCO₂e and total revenues of USD 4,764 millions. This translates into an emissions intensity of 0.88 tCO₂e per millions USD. a

Puig Brands's Scope 1 Emissions Intensity Compared to Peers

501,00010,000200,0002,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)GSpectrum Brands HoldingsYear: 2023Scope 1: 24,624 tCO2eRevenue: $M 2,919Scope 1 Intensity: 8.44 tCO2e/$MSociete BICYear: 2024Scope 1: 12,316 tCO2eRevenue: $M 2,286Scope 1 Intensity: 5.39 tCO2e/$MLG H&HYear: 2024Scope 1: 66,018 tCO2eRevenue: $M 4,642Scope 1 Intensity: 14.22 tCO2e/$MNatura CosmeticosYear: 2022Scope 1: 4,839 tCO2eRevenue: $M 3,824Scope 1 Intensity: 1.27 tCO2e/$MKoseYear: 2024Scope 1: 5,458 tCO2eRevenue: $M 2,056Scope 1 Intensity: 2.65 tCO2e/$MLionYear: 2023Scope 1: 63,000 tCO2eRevenue: $M 2,848Scope 1 Intensity: 22.12 tCO2e/$MHengan International GroupYear: 2024Scope 1: 557,885 tCO2eRevenue: $M 3,373Scope 1 Intensity: 165.40 tCO2e/$MRohto PharmaceuticalYear: 2024Scope 1: 6,900 tCO2eRevenue: $M 1,788Scope 1 Intensity: 3.86 tCO2e/$MGillette IndiaYear: 2023Scope 1: 371 tCO2eRevenue: $M 302Scope 1 Intensity: 1.23 tCO2e/$MCloroxYear: 2023Scope 1: 65,504 tCO2eRevenue: $M 7,389Scope 1 Intensity: 8.87 tCO2e/$MHenkel AG & CoYear: 2024Scope 1: 405,621 tCO2eRevenue: $M 22,463Scope 1 Intensity: 18.06 tCO2e/$MGGGiant Biogene HoldingYear: 2023Scope 1: 1,506 tCO2eRevenue: $M 541Scope 1 Intensity: 2.78 tCO2e/$MInterparfumsYear: 2024Scope 1: 194 tCO2eRevenue: $M 916Scope 1 Intensity: 0.21 tCO2e/$MBlue Moon Group HoldingsYear: 2024Scope 1: 3,227 tCO2eRevenue: $M 1,102Scope 1 Intensity: 2.93 tCO2e/$MEdgewell Personal CareYear: 2023Scope 1: 8,391 tCO2eRevenue: $M 2,252Scope 1 Intensity: 3.73 tCO2e/$MColgate-PalmoliveYear: 2023Scope 1: 217,800 tCO2eRevenue: $M 19,457Scope 1 Intensity: 11.19 tCO2e/$MEstee Lauder CompaniesYear: 2024Scope 1: 36,600 tCO2eRevenue: $M 15,608Scope 1 Intensity: 2.35 tCO2e/$MKenvueYear: 2024Scope 1: 56,538 tCO2eRevenue: $M 15,455Scope 1 Intensity: 3.66 tCO2e/$MPola Orbis HoldingsYear: 2023Scope 1: 2,201 tCO2eRevenue: $M 1,225Scope 1 Intensity: 1.80 tCO2e/$MUnilever IndonesiaYear: 2024Scope 1: 10,960 tCO2eRevenue: $M 2,184Scope 1 Intensity: 5.02 tCO2e/$MPigeonYear: 2023Scope 1: 2,903 tCO2eRevenue: $M 668Scope 1 Intensity: 4.35 tCO2e/$MAmorePacific HoldingsYear: 2023Scope 1: 11,786 tCO2eRevenue: $M 3,147Scope 1 Intensity: 3.75 tCO2e/$MKimberly-Clark de MexicoYear: 2024Scope 1: 256,646 tCO2eRevenue: $M 2,643Scope 1 Intensity: 97.11 tCO2e/$MPuig BrandsYear: 2023Scope 1: 4,180 tCO2eRevenue: $M 4,764Scope 1 Intensity: 0.88 tCO2e/$M

How does Puig Brands's GHG emissions intensity compare to its peers?

In 2023, Puig Brands reported a Scope 1 emissions intensity of 0.88 tCO₂e per millions USD. Compared to the peer group median of 3.86 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Puig Brands rank on GHG emissions intensity within its industry?

In 2023, Puig Brands ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Puig Brands among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Puig Brands's Total Carbon Footprint

In 2024, Puig Brands reported a total carbon footprint of 568,642 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.32% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Puig Brands's total carbon footprint was Scope 3 emissions, accounting for 98.71% of the company's total carbon footprint, followed by Scope 2 emissions at 0.71%. a

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