NEW YORK, U.S.: As part of its commitment to sustainable and environmentally friendly business, Colgate-Palmolive has recently set a new goal of 100 percent recyclability of plastics in packaging across all its product categories by 2025. As detailed in its 2017 sustainability report, Building a Future to Smile About, the company has also made ongoing progress in the areas of corporate and social responsibility.
As part of its sustainability, corporate and social responsibility goals, Colgate aims to be using 100 percent sustainable palm oil by the end of 2018. In the report, the company stated that it recognizes its responsibility to work with industry groups, suppliers, governments and others to ensure it sources palm oil and its derivatives in ways that do not harm the environment or exploit workers.
Other parts of the report dealt with reducing landfill waste and water use. In working toward zero landfill waste, the company has committed to halving its manufacturing waste sent to landfill per ton of product manufactured by 2020 and in 2017 achieved a 44 percent reduction compared with 2010. In its new #EveryDropCounts campaign, Colgate has reached around 3 billion people, encouraging them to turn off their taps while brushing. Additionally, according to the report, Colgate reduced its water use per ton of product manufactured by 47 percent in 2017 compared with 2002.
“With the help of Colgate People and our suppliers and partners, we are making good progress against our 2020 goals. But our sustainability journey is ongoing and as we achieve some of our goals, we are assessing new areas for focus and new targets to strive for so that we can continue building a future to smile about,” said Ian Cook, Chairman, President and CEO of Colgate-Palmolive.
With steady progress in many areas, the company also recognizes three sustainability risks that need attention: stewardship, climate change and responsible sourcing. According to the report, these risks are being managed through its 2015–2020 sustainability strategy and enterprise risk management process.
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