Colgate-Palmolive Earns 12th Consecutive ENERGY STAR® Partner of the Year Award
Colgate recognized for its achievements in energy efficiency and management
May 5, 2022
Colgate-Palmolive Company has once again received a 2022 ENERGY STAR® Partner of the Year Award for Sustained Excellence for its achievements in energy efficiency and management across its global operations. This marks the 12th consecutive year that Colgate has been recognized by the U.S. Environmental Protection Agency and the U.S. Department of Energy as a leader in sustainable practices.
This honor recognizes Colgate’s commitment to its 2025 Sustainability & Social Impact Strategy, in which energy efficiency – and climate change action overall – remain a key focus. As part of this strategy, Colgate has committed to ambitious energy and carbon targets including achieving 100% renewable electricity for its global operations by 2030; reducing Scope 1, 2, and 3 greenhouse gas (GHG) emissions* by 20% by 2025, 42% by 2030, and 90% by 2040 against a 2020 baseline; and reaching Net Zero Carbon across our value chain by 2040.
Over the past year, Colgate made progress toward achieving these and other goals that aim to improve energy efficiency, through key initiatives including:
Committing to Renewable Energy & Net Zero Carbon: Implemented Colgate’s Renewable Energy Master Plan, which included working with each facility to finalize customized site-specific plans, allowing Colgate to work toward its goal of 100% renewable electricity in all operations by 2030.
Managing Global Energy Projects: Colgate’s “5% for the Planet” program sets an annual goal to invest a minimum of 5% of our manufacturing capital expenditure budget on energy reduction, water conservation and reduction of waste to landfill, with at least 2% of the manufacturing capital budget targeted specifically toward energy efficiency projects. Since the program’s inception in 2011, Colgate has funded more than 1,500 projects.
Aligning on Supply Chain Engagement: Met with suppliers to discuss climate goals and best practices, climate related data, and align on opportunities for action and collaboration.
“Colgate-Palmolive is a caring, innovative growth company reimagining a healthier future for all people, their pets, and our planet – and energy efficiency is one important way we fulfill that purpose. And with the Colgate brand in more homes than any other, we have the responsibility to drive sustainability across our global value chain and the opportunity to make a significant impact,” said Ann Tracy, Colgate’s Chief Sustainability Officer. “Our consecutive recognition by ENERGY STAR® for the past twelve years continues to push us to discover innovative ways to reduce energy usage. Collaborating with partners like the EPA specifically has helped us implement a standout energy management program from the sourcing of raw materials to the consumer use and disposal of our products.”
“We know it’s going to take all of us working together to tackle the climate crisis, and the 2022 ENERGY STAR award-winning partners are demonstrating what it takes to build a more sustainable future,” said EPA Administrator Michael S. Regan. “These companies are showing once again that taking action in support of a clean energy economy can be good not only for the environment, but also for business and customers.”
Each year, the ENERGY STAR program honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior energy achievements. ENERGY STAR award winners lead their industries in the production, sale, and adoption of energy-efficient products, homes, buildings, services, and strategies. These efforts are essential to fighting the climate crisis and protecting public health.
Winners are selected from a network of thousands of ENERGY STAR partners. For a complete list of 2022 winners and more information about ENERGY STAR’s awards program, visit energystar.gov/awardwinners.
Additional details about Colgate’s energy management and efforts to accelerate action on climate change can be found in Colgate’s 2021 Sustainability & Social Impact Report.
About ENERGY STAR
ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations—including more than 40 percent of the Fortune 500®—rely on their partnership with the U.S. Environmental Protection Agency (EPA) to deliver cost-saving energy efficiency solutions. Since 1992, ENERGY STAR and its partners have helped American families and businesses avoid more than $500 billion in energy costs and achieve more than 4 billion metric tons of greenhouse gas reductions. More background information about ENERGY STAR’s impacts can be found at www.energystar.gov/impacts and state-level information can be found at www.energystar.gov/statefacts.
All statements in this article that are not historical, including our 2025 Sustainability & Social Impact Strategy and related targets and the expected achievement and effect of our sustainability strategies and initiatives, and the amounts and timing of their expected impact are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and the rules, regulations and releases of the U.S. Securities and Exchange Commission (SEC). Except as required by law, Colgate-Palmolive undertakes no obligation to update these statements as a result of new information and Colgate-Palmolive makes no representation, express or implied, that the information is still accurate or complete. Such forward-looking statements are not guarantees of future performance and actual events or results may differ materially from these statements. Information about factors that could impact our business and cause actual results to vary, possibly materially, from these forward-looking statements, can be found in Colgate-Palmolive’s filings with the SEC.
*Scope 1 and 2 defined as GHG emissions in operations; Scope 3 defined as emissions from Purchased Goods & Services (excludes Scope 3 Categories 2, 9, 11 & 12 per the Science Based Target initiative's Net Zero Standard).