Puig S.L., a prominent player in the global fragrance and fashion industry, is headquartered in Barcelona, Spain. Founded in 1914, Puig has established itself as a leader in the creation and distribution of perfumes, cosmetics, and fashion brands, with a strong presence across Europe, Asia, and the Americas. The company is renowned for its innovative approach to scent creation, offering a diverse portfolio that includes luxury brands such as Paco Rabanne, Carolina Herrera, and Jean Paul Gaultier. Puig's commitment to quality and creativity has earned it a distinguished market position, recognised for its ability to blend tradition with modernity. With a rich heritage and a focus on sustainability, Puig continues to shape the beauty landscape, making it a key player in the industry.
How does Puig S.L.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Chemicals industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Puig S.L.'s score of 29 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Puig S.L., headquartered in Spain, has set ambitious climate commitments to address its greenhouse gas emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets. Puig S.L. aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2019 as the base year. Additionally, it has committed to a 30% reduction in absolute Scope 3 emissions from purchased goods and services within the same timeframe. In the long term, Puig Brands S.A. has set a net-zero target, committing to achieve net-zero emissions across its value chain by 2050. This includes a further reduction of 90% in absolute Scope 1 and 2 emissions by 2050, based on a 2022 baseline, alongside a 90% reduction in Scope 3 emissions, which encompasses purchased goods and services, upstream transportation, business travel, and end-of-life treatment of sold products. These targets align with the science-based targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The commitment to reducing emissions includes biogenic emissions and removals from bioenergy feedstocks, reflecting a comprehensive approach to sustainability in the consumer durables sector.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Puig S.L. is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.