Puig Brands SA

Common Name
Puig Brands
Country
Spain
Sector
Consumer Defensive
Industry
Household & Personal Products
Employees
10,840
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 2023, 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Verified Sources Behind Puig Brands’s Greenhouse Gas (GHG) Emissions Data

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a. Puig Brands's Annual Report 2023
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Insights into Puig Brands's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Puig Brands amounted to 8,215 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 2022, the total operational greenhouse gas (GHG) emissions of Puig Brands decreased by 17.33%, 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

2022202301.5 k3 k4.5 k6 ktCO2e-22%
  • Total Scope 1
  • Year-over-Year Change

What are Puig Brands's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Puig Brands were 4,180 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Puig Brands's Scope 1 emissions decreased by 21.91%, 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 2023, Puig Brands reported Scope 2 greenhouse gas (GHG) emissions of 2,269 tCO₂e using the market-based method and 4,035 tCO₂e using the location-based method. a

Has Puig Brands reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Puig Brands's Scope 2 emissions (Location-Based) fell by 11.98% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Puig Brands use for Scope 2 reporting?

In 2023, 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

2022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Puig Brands's Value Chain Emissions

In 2023, Puig Brands reported 655,458 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 2023 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Puig Brands's Scope 3 Emissions Over Time

202220230200 k400 k600 k800 ktCO2e+8%
  • Total Scope 3
  • Year-over-Year Change

What are Puig Brands's Scope 3 emissions?

In 2023, Puig Brands reported total Scope 3 emissions of 655,458 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 98.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.83% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Puig Brands's Scope 3 emissions remained relatively stable, indicating that Puig Brands 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Puig Brands disclose?

In 2023, 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 2023, the largest contributors to Puig Brands's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 512,680 tCO₂e (78.22%)
  • Upstream Transportation and Distribution (Cat. 4): 81,418 tCO₂e (12.42%)
  • Capital Goods (Cat. 2): 22,618 tCO₂e (3.45%)

Puig Brands's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(3.5%)UpstreamTransportation andDistribution(Cat. 4)(12.4%)Purchased Goods andServices (Cat. 1)(78.2%)

Insights into Puig Brands's Total Carbon Footprint

In 2023, Puig Brands reported a total carbon footprint of 663,673 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.82% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Puig Brands's total carbon footprint was Scope 3 emissions, accounting for 98.76% of the company's total carbon footprint, followed by Scope 1 emissions at 0.63%. a

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