Intercos S p A : | CRB Cosmetics has achieved Carbon Neutrality at its plant in Switzerland

INTERCOS_CRB Cosmetics has achieved Carbon Neutrality at its plant in Switzerland - Luxury&Finance

Intercos announced that its subsidiary CRB Cosmetics has achieved Carbon Neutrality at its plant in Switzerland, thus
contributing to the Group's goal of reducing greenhouse gas emissions by 2025.

"This milestone was reached thanks to the supply of energy from renewable
sources, an initiative that has already led to a 90% reduction in greenhouse gas
emissions compared to 2018. The remaining Scope 1 and Scope 2 emissions -
stemming from direct and indirect energy consumption, respectively - will be
offset through certified decarbonization projects, that will play an active role in the
transition to a low-carbon economy", Intercos states in a note

"We are proud to announce this new and major achievement. For the first time
we can say that one of the subsidiaries of the Intercos Group has become Carbon
Neutral. Our strategy based on the respect for the environment and the principle
of sustainable beauty is already well known, and this accomplishment brings
further prestige to what we do every day. In recent months, thanks to our
commitment to sustainability we were awarded the Platinum medal from
Ecovadis, which placed Intercos in the top 1% of the most virtuous cosmetics
companies worldwide. Yet, our path towards sustainability does not end here; the
focus on ESG lies at the core of our business strategy and the implementation of
the sustainability plan will enable us to achieve other important milestones",
stated Renato Semerari, CEO of Intercos.

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