Colgate Palmolive

Colgate-Palmolive has reported significant greenhouse gas (GHG) emissions, with a total of approximately 44.5 billion kg CO2e in 2024. This includes Scope 1 emissions of about 206.5 million kg CO2e, Scope 2 emissions (market-based) of approximately 121.4 million kg CO2e, and substantial Scope 3 emissions totalling around 40.4 billion kg CO2e. The majority of these Scope 3 emissions stem from the use of sold products, accounting for nearly 29.4 billion kg CO2e, followed by purchased goods and services at approximately 7.3 billion kg CO2e.

Looking at previous years, Colgate-Palmolive's total emissions in 2023 were around 43.9 billion kg CO2e, with Scope 1 at about 218 million kg CO2e, Scope 2 (market-based) at approximately 181 million kg CO2e, and Scope 3 at about 41.7 billion kg CO2e. In 2022, total emissions were approximately 43.1 billion kg CO2e, with Scope 1 at about 196 million kg CO2e, Scope 2 (market-based) at approximately 225 million kg CO2e, and Scope 3 at around 41.4 billion kg CO2e.

Colgate-Palmolive has established ambitious climate commitments. The company aims to achieve net-zero GHG emissions across its value chain by 2040, using a 2020 baseline. To support this long-term goal, they have set near-term targets, including a commitment to reduce absolute Scope 1 and 2 GHG emissions in operations by 42% by 2030 against a 2020 baseline. Additionally, they aim to reduce absolute Scope 3 emissions from purchased goods and services by 42% by the same year. Other initiatives include a commitment to reduce Scope 1 and 2 GHG emissions by 20% by 2025 from a 2020 baseline, and a goal to reduce consumer product use emissions by 20% by 2025 against a 2016 baseline. The company also aims to reach near-zero Scope 1 and Scope 2 emissions by the middle of this decade and increase annual sourcing of renewable electricity to 100% by 2030. Colgate-Palmolive has also committed to reducing absolute Scope 1, 2, and 3 GHG emissions by 90% by 2040 from a 2020 base year.