A charitable contribution is any voluntary donation, in the form of cash or items of monetary value, to anyone outside of Coty.
Political Contributions & Sponsorships
What is a charitable contribution?
What are sponsorships?
Sponsorships include any payment of money or “in-kind” services in exchange for which Coty receives promotional consideration. Examples of such consideration include:
- Logo placement on printed materials
- Advertising placement
- Written or spoken acknowledgment
- Seats to attend a dinner and speaking engagement
- Other forms of recognition
What should I do?
Ensure that all contributions are transparent. The details of any contribution must be clearly documented.
Make contributions only to organizations. Do not make contributions to individuals or private accounts.
Make contributions that are compatible with our mission. Do not make contributions to organizations whose missions are incompatible with ours, or whose association with us could damage our reputation.
Never make contributions for political purposes. We do not make contributions to political parties or candidates for public office at any level, in any country, directly or indirectly.
Q&A
A: Not without an exception. Coty will not, directly or indirectly, reimburse political contributions made by Coty employees or representatives on behalf of Coty or not. We make exceptions to this rule only if previously approved by the Executive Committee and the Global Compliance Officer, after consulting with the Legal Department.
