Colgate-Palmolive Earns Top Scores in 2020 Dow Jones Sustainability Indices & Outlines 2025 Sustainability Goals
November 18, 2020 at 06:00 AM EST
Colgate-Palmolive Company today announced its 2025 Sustainability & Social Impact Strategy – defining its key actions and setting measurable targets for 2025 and beyond.
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Colgate-Palmolive announces its 2025 Sustainability & Social Impact Strategy, defining key actions & setting measurable targets for 2025 & beyond. (Photo: Business Wire)
Colgate’s 2025 Sustainability & Social Impact Strategy focuses on three ambitions: promoting well-being and inclusivity; helping people develop healthy habits; and preserving and improving the environment. They are supported by actionable targets that uphold Colgate’s continued commitment to building environmental and social consciousness into every decision, which earned the Company recognition on the 2020 Dow Jones Sustainability Indices (DJSI) for the fourth consecutive year. Colgate also was named the top performing Household Products company by the DJSI for the second year in a row and achieved “Industry Best” scores in the Environmental and Social categories.
“Because our Colgate brand is in more homes than any other, we can – and will – create a healthier, more sustainable future for all,” said Noel Wallace, Chairman, President and Chief Executive Officer, Colgate-Palmolive. “We view environmental and social stewardship as enterprise-wide catalysts for growth, and we’re committed to raising the bar and ensuring sustainability is integrated into all aspects of our company – from what we make to how we work to how we go to market.”
Among the company’s social and environmental sustainability actions, key targets are:
Colgate people are already hard at work pursuing these goals. For example, to reach its plastic targets, the company launched its first-of-its-kind recyclable toothpaste tube on three continents and is sharing that technology to speed the industry’s sustainability transformation. With the company’s global leadership in manual toothbrushes, Colgate aims to build on the successful global launches of its bamboo toothbrushes for adults and children with additional advancements to further reduce plastic in toothbrushes. Colgate also currently has 19 certified TRUE Zero Waste facilities across five continents – more than any other company in the world.
“With Colgate’s global reach, we know we have the responsibility and opportunity to make a difference to boost our ambitions as well as to measure and communicate our progress with more frequency and transparency. This strategy reflects our role as a global consumer products company and is informed by all of our stakeholders, both internal and external,” added Ann Tracy, Chief Sustainability Officer.
This announcement comes during a period of purpose-driven commitments that Colgate has advanced in sustainability and social responsibility. In 2020, Colgate has been helping to combat the spread of COVID-19 by producing, donating and distributing 25 million specially-made bars of soap as well as donating more than $20 million in health and hygiene products to health professionals and underserved communities in need.
In addition, Colgate has earned numerous awards for its ongoing commitment to sustainability. Most recently, the Company was named to the prestigious Fortune’s 2020 Change The World List. Moreover, in the past year alone, Colgate received its 10th consecutive ENERGY STAR® Partner of the Year Award, a U.S. Green Building Council Leadership Award, and recognition on EPA’s Green Power Partnership National Top 100.
To learn more about Colgate’s commitment to sustainability, visit: https://www.colgatepalmolive.com/en-us/core-values/sustainability or https://www.linkedin.com/company/colgate-palmolive/.
Cautionary Statement on Forward-Looking Statements: