Reporting

  • INTRODUCTION

     

    Give a general description of and introduction to your organization.

    Founded in 1806, Colgate-Palmolive is a publicly traded consumer products company with approximately $15.45 billion of worldwide net sales in 2017, serving people around the world with well-known brands that make their lives healthier and more enjoyable.

    Colgate manufactures and markets a wide variety of products in the U.S. and around the world in two product segments: Oral, Personal and Home Care; and Pet Nutrition. Oral, Personal and Home Care products include toothpaste, toothbrushes and mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, laundry and dishwashing detergents, fabric conditioners, household cleaners and other similar items. These products are sold primarily to retail and wholesale customers and distributors worldwide. Pet Nutrition products include specialty pet nutrition products manufactured and marketed by Hill’s Pet Nutrition. The principal customers for Pet Nutrition products are authorized pet supply retailers and veterinarians. Many of the products from both product segments are also sold to e-commerce retailers. Principal global and regional trademarks include Colgate, Palmolive, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet, Hill’s Prescription Diet and Hill ’s Ideal Balance.

    We are committed to making every drop of water count. We recognize water is one of life’s most basic needs, water is also essential to business. It is an ingredient in many Colgate products and required in almost every phase of the product life cycle. Clean water is also vital to the communities we serve yet in many regions of the world, it is becoming an increasingly scarce resource. We take our responsibility as conscientious stewards of water seriously. Colgate has a six point Water Stewardship Strategy.

    • Direct Operations: We will continue to invest in water conservation and assess water risk associated with our global operations. We will replenish water in highly stressed regions and manage our wastewater appropriately.
    • Supply Chain Management: We will increase supplier participation in our water stewardship program with a goal to identify opportunities and mitigate water risks.
    • Consumer Use: We will strive to develop innovative products that enable consumers to use less water while meeting or exceeding their expectations. Colgate will also promote water conservation awareness to our global consumers.
    • Water and Sanitation Access: We respect human right to water, sanitation and hygiene. We will partner with local and global organizations to bring clean water to underserved areas around the world. We will also provide health and hygiene education in our communities.
    • Ecosystem Protection: We will strive to protect water-related ecosystems such as forests, wetlands, aquifers and rivers.
    • Collaboration and Disclosure: We will partner with stakeholders and our communities to help drive water stewardship programs. We are committed to transparency and will publicly disclose our water stewardship strategies and goals and report on progress.

    To help drive our Water Stewardship Strategy, our 2020 Sustainability Strategy includes a commitment to Make Every Drop of Water Count. Our commitment is supported by five goals:

    • Reduce our manufacturing water intensity by half compared to 2002
    • Replenish water withdrawn in highly stressed regions
    • Increase supplier participation in our water stewardship program
    • Partner with local and global organizations to bring clean water to underserved areas of the world
    • Promote water conservation awareness to all our global consumers.
  • INTRODUCTION

     

    Give a general description of and introduction to your organization.

    Founded in 1806, Colgate-Palmolive is a publicly traded consumer products company with $15.45 billion of worldwide net sales in 2017, serving people around the world with well-known brands that make their lives healthier and more enjoyable.

    Colgate manufactures and markets Oral Care, Personal Care, Home Care and Pet Nutrition products under trusted brands such as Colgate, Palmolive, Speed Stick, Lady Speed Stick, Sanex, Softsoap, Irish Spring, Protex, Elmex, Tom’s of Maine, Ajax, Fabuloso, Soupline, Suavitel, Hill’s Science Diet, Hill’s Prescription Diet and Hill’s Ideal Balance. Colgate operates in over 80 countries and sells products in over 200 countries and territories.

    At Colgate, we understand the potential consequences of deforestation and we are committed to acting responsibly and conscientiously to protect people and the environment wherever we operate. We recognize that businesses and their suppliers, customers and consumers along with other stakeholders have a vital role to play in addressing the global issue of deforestation and we are committed to using responsibly and sustainably sourced forest commodity materials.

    In 2014, Colgate issued a Policy on No Deforestation to support a vision for a future without deforestation. Colgate is working to meet our goal of no deforestation by 2020. In 2015, we also joined in the CDP and We Mean Business Coalition’s “Road to Paris 2015” commitments, committing to remove commodity-driven deforestation from supply chains by 2020.

    Deforestation is one of Colgate’s Key Sustainability Issues, an important issue for our business from a social, environmental and reputational risk standpoint. The commitments in our policy help us to manage and address the deforestation risks in our supply chain for pulp and paper, palm oil and derivatives, soy and soy oil and beef tallow.

    Much of Colgate’s packaging material utilizes wood-derived or paper-based products. We are committed to source paper based materials that are certified and comes from responsibly managed forests. In 2017, we launched our commodity specific policy on pulp and paper where we clearly explain our commitment to maximize the use of recycle materials and meet the following criteria: No illegally harvested wood, no exploitation of people or local communities, protection of high conservation value and no sourcing woods from forest converted to plantations or non-forest use.

    Colgate is committed to sourcing responsible palm oil, palm kernel oil and palm oil derivatives that do not contribute to deforestation. Our commitment is to work to build a traceable supply chain with no deforestation of high conservation value and high carbon stock areas, no development on peatlands and no exploitation of indigenous people, local communities or workers. Our palm oil responsible sourcing policy, issued in July 2016, addresses the key requirements to our suppliers to build global supply chains that meet Colgate’s palm oil policy criteria.
    In Brazil, there are concerns that rising demand for beef as a food source is prompting farmers to clear part of the Amazon rainforest and other ecologically sensitive regions for cattle ranching. Currently, we require Brazilian suppliers to certify that they are following the environmental and social requirements set forth by the Brazilian Institute of Environment and Renewable Natural Resources (IBAMA). We are also working to minimize the amount of tallow purchased from high-risk areas.
    Colgate supports efforts such as the Soy Moratorium that help minimize deforestation from soy expansion and increase transparency in the soy sector. Colgate has mapped our soy product supply chains globally to understand our direct usage and geography of supply.

    Colgate committed to support the Cerrado Manifesto objectives to prevent deforestation of the Cerrado, an environmentally important region in Brazil. The Cerrado Manifesto aims to stop deforestation of the Brazilian Cerrado, largely associated with the production of Soy.

  • INTRODUCTION

     

    Give a general description of and introduction to your organization.

    Founded in 1806, Colgate-Palmolive is a publicly traded consumer products company with $15.45 billion of worldwide net sales in 2017, serving people around the world with well-known brands that make their lives healthier and more enjoyable.

    Colgate manufactures and markets a wide variety of products in the U.S. and around the world in two product segments: Oral, Personal and Home Care; and Pet Nutrition. Oral, Personal and Home Care products include toothpaste, toothbrushes and mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, laundry and dishwashing detergents, fabric conditioners, household cleaners and other similar items. These products are sold primarily to retail and wholesale customers and distributors worldwide. Pet Nutrition products include specialty pet nutrition products manufactured and marketed by Hill’s Pet Nutrition. The principal customers for Pet Nutrition products are authorized pet supply retailers and veterinarians. Many of the products from both product segments are also sold to e-commerce retailers. Principal global and regional trademarks include Colgate, Palmolive, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet, Hill’s Prescription Diet and Hill ’s Ideal Balance.

    At Colgate, we understand the potential consequences of climate change, and we are committed to acting responsibly and conscientiously to protect people and the environment wherever we operate. We recognize that businesses and their suppliers, customers and consumers along with other stakeholders have a vital role to play in addressing the global issue of climate change and we are committed to continuously improving our greenhouse gas accounting processes, our performance and our governance around this challenge.

    In 2014, Colgate made a bold commitment to reduce carbon emissions on an absolute basis by 25% compared to 2002, with a longer term goal of a 50% absolute reduction by 2050 compared to 2002. These goals are in line with the CDP and World Wildlife Fund report – The 3% Solution - and will allow us to play our part in limiting global warming to 2°C, as recommended by the Intergovernmental Panel on Climate Change.

    More recently, Colgate expanded this commitment to include Scope 3 emissions. Specifically, Colgate also commits, as a way to reduce our most significant Scope 3 greenhouse gas emissions, to promote water conservation to 100% of our global consumers and reduce emissions by up to 5% from 2016 to 2022, and increase the recycled content in our packaging to 50% by 2020. Our updated goal has been approved by the Science-Based Targets initiative.

    While these commitments are more recent, we started collecting and analyzing energy use data in 1998 and completed our first carbon emissions inventory in 2002. We have reported publicly on our efforts to the Carbon Disclosure Project (CDP) since 2004 and we were recognized as a member of the Carbon Disclosure Leadership Index in 2008, 2009, 2010, 2013, 2015 and we were on the Climate A List in 2016 and 2017. Colgate-Palmolive was named a US EPA Energy Star Partner of the Year in 2011, 2012, 2013, 2014, 2015, 2016, 2017 and 2018 for our commitment to energy efficiency on a company-wide basis. We have reduced our energy intensity by over 30% since 2002.

    We have continued to expand our understanding and processes related to Greenhouse Gas (GHG) data collection and reporting and are continuing to expand the boundaries of our Scope 1, 2 and 3 emissions reporting. We continue to find opportunities beyond our own facilities to have impact on GHG emissions, in particular those related to the water and GHGs associated with the use of our products. Colgate's "Save Water" campaign has had global reach and impact on consumers behaviors as they increasingly "turn off the tap" while using many of our products. These behavior changes are having substantial impacts to our value chain carbon footprint, of which Consumer Use accounts for approximately 90%.

    We will also continue to drive improvement in our Sustainability 2020 targets:

    • Promote use of renewable energy and reduce absolute greenhouse gas emissions from manufacturing by 25% compared to 2002
    • Reduce our manufacturing energy intensity by one-third compared to 2002
    • Partner with key suppliers, customers, and consumers to reduce energy, greenhouse gas emissions and waste

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