Sustainability Climate Strategy Emissions London Uk

Sustainability Consulting

Science Based Targets Partner Sustainability

Full Credential Description

Colgate-Palmolive faced significant challenges related to climate change, particularly in managing greenhouse gas emissions across its operations and supply chain. The company recognized the need for a comprehensive approach to decarbonization, which included setting ambitious science-based targets to reduce its environmental impact. Specifically, Colgate-Palmolive committed to reducing absolute scope 1 and scope 2 greenhouse gas emissions by 30% by 2025 and 50% by 2030, using 2018 as the base year. Additionally, the company aimed to source 100% renewable electricity for its global operations by 2030 and reduce scope 3 emissions from purchased goods and services by 30% by 2025.

To address these challenges, Colgate-Palmolive launched its 2025 Sustainability & Social Impact Strategy, which encompasses three main ambitions and 11 actions, including a focus on climate change. This strategy is integrated into the company's overall business operations, emphasizing the importance of decarbonization in all business decisions. Key components of the strategy include engaging suppliers to improve climate data availability and encouraging them to set their own science-based targets. Colgate-Palmolive has implemented educational webinars, shared best practices, and utilized third-party tools to help suppliers track their emissions and progress.

The results of these initiatives have been significant. Colgate-Palmolive has been recognized as an ENERGY STAR Partner of the Year for 11 consecutive years, achieving over a 37% reduction in energy use since 2002. The company has also introduced innovative products that contribute to sustainability, such as the Keep toothbrush, which uses 80% less plastic, and the Save Water campaign, which has helped avoid more than 8.3 million metric tons of CO2 emissions since 2016. Furthermore, the relaunch of Palmolive Ultra dish liquid in 100% post-consumer recycled plastic bottles and the introduction of Softsoap Foaming Hand Soap Tablets, which use 71% less plastic, exemplify Colgate's commitment to sustainable product design. These efforts not only enhance the company's sustainability profile but also promote healthier consumer habits and contribute to a circular economy.