Colgate-Palmolive publishes annual sustainability report

Colgate-Palmolive releases 2021 sustainability and social impact report.

Colgate-Palmolive has released its 2021 Sustainability & Social Impact Report, which outlines recent advancements toward its ambitious sustainability goals.

The report includes the company’s new Climate Action & Net Zero Carbon transition and targets and introduces an enhanced framework to meet its ambition of driving social impact.

In addition to the 2021 Sustainability & Social Impact Report, Colgate also recently published its first report aligned with recommendations from the Task Force on Climate-Related Financial Disclosures (TCFD), highlighting the company’s strategy to address the risks and opportunities related to climate change.

“At Colgate, we firmly believe that sustainability and social impact go hand in hand,” said Ann Tracy, Chief sustainability officer, Colgate-Palmolive.

“I am proud that our strategy prioritises both sustainability and social impact initiatives so that we can empower communities across the globe to have brighter, healthier futures.”

Advancing sustainability

In 2021, Colgate achieved measurable steps toward its 2025 Sustainability & Social Impact Strategy, executing across 11 actions and more than 50 targets for building a more sustainable future. Highlights include:

  • Accelerating action on climate change: In the report, Colgate announced the climate transition approach and targets to reduce Scope 1, 2, and 3 emissions by 20 per cent by 2025, by 42 per cent by 2030, and reach Net Zero carbon emissions across the value chain by 2040.1
  • Eliminating plastic waste: As of December 31, 2021, approximately 84 per cent of Colgate’s packaging across categories and materials by weight was technically recyclable.
  • Reducing waste: Twenty-six Colgate plants across five continents have been certified as Total Resource Use and Efficiency (TRUE) Zero Waste compliant, as of December 31, 2021, with six new certifications added in 2021.

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