In 2024, Ulta Beauty 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).
Ulta Beauty has also provided a category-level breakdown for 8 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 | 8,477a | 8,345a | 8,349a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 86,996a | 88,978a | 80,153a | |
Total Scope 3 | 2,023,047a | 2,091,279a | 2,009,226a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.7505a | 0.7446a | 0.8178a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Ulta Beauty amounted to 95,473 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 Ulta Beauty decreased by 1.9%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Ulta Beauty were 8,477 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Ulta Beauty's Scope 1 emissions have increased by 9.65%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Ulta Beauty's Scope 1 emissions increased by 1.58%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Ulta Beauty reported Scope 2 greenhouse gas (GHG) emissions of 86,996 tCO₂e without specifying the calculation method.a
Since 2019, Ulta Beauty's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 35.02%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Ulta Beauty's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Ulta Beauty's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Ulta Beauty reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Ulta Beauty reported 2,023,047 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 Ulta Beauty includes a breakdown across 8 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
In 2024, Ulta Beauty reported total Scope 3 emissions of 2,023,047 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 88% of these emissions originated from upstream activities such as purchased goods and capital goods, while 12% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Ulta Beauty's Scope 3 emissions have decreased by 23.61%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Ulta Beauty's Scope 3 emissions remained relatively stable, indicating that Ulta Beauty's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Ulta Beauty reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Ulta Beauty's Scope 3 emissions were:a
In 2024, Ulta Beauty reported Scope 1 greenhouse gas (GHG) emissions of 8,477 tCO₂e and total revenues of USD 11,295 millions. This translates into an emissions intensity of 0.75 tCO₂e per millions USD.a
In 2024, Ulta Beauty reported a Scope 1 emissions intensity of 0.75 tCO₂e per millions USD. Compared to the peer group median of 3.08, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Ulta Beauty ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Ulta Beauty among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Ulta Beauty reported a total carbon footprint of 2,118,520 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.2% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Ulta Beauty's total carbon footprint was Scope 3 emissions, accounting for 95.49% of the company's total carbon footprint, followed by Scope 2 emissions at 4.11%.a