Summary
Colgate-Palmolive has focused on environmental, social, and governance (ESG) practices to improve its sustainability efforts. The company has made significant progress in creating recyclable packaging, which has contributed to its high ranking on Newsweek's list of America's Most Responsible Companies. Ann Tracy, the chief sustainability officer, emphasizes the importance of focus and leadership in achieving these goals.
Key Facts
- Colgate-Palmolive has been recognized on Newsweek’s ranking of America's Most Responsible Companies, reaching third place in the retail and consumer goods industry.
- The company has been involved in the ESG movement, which focuses on environmental, social, and governance practices.
- Ann Tracy is Colgate-Palmolive's first chief sustainability officer, a role she took on in 2020.
- Colgate-Palmolive has transitioned about 75% of its toothpaste products globally to recyclable tubes.
- Approximately 95% of its toothpaste tubes in North America are made from high-density polyethylene plastic, aiding in recyclability.
- In 2022, 93% of Colgate-Palmolive’s packaging was recyclable, reusable, or compostable.
- The company aims for 100% recyclable, reusable, or compostable packaging but faces challenges with certain materials.
- Colgate-Palmolive shares its recyclable tube design with other manufacturers to aid broader adoption.
