Colgate Palmolive

Colgate Palmolive's reported carbon emissions

Colgate-Palmolive, a US-based food products company, has established ambitious climate commitments and reported its carbon emissions for several years. In 2024, the company reported a total of approximately 44.8 billion kg CO2e. This figure is comprised of Scope 1 emissions totalling around 206.5 million kg CO2e, Scope 2 emissions (market-based) at approximately 121.4 million kg CO2e, and a substantial Scope 3 contribution of approximately 40.4 billion kg CO2e. The largest contributors within Scope 3 were the use of sold products, accounting for about 29.4 billion kg CO2e, and purchased goods and services, which were approximately 7.3 billion kg CO2e. Looking back, in 2023, Colgate-Palmolive's total emissions were approximately 43.8 billion kg CO2e, with Scope 3 emissions being the dominant factor at around 41.7 billion kg CO2e. In 2022, total emissions stood at approximately 43.2 billion kg CO2e, also heavily influenced by Scope 3 emissions at about 41.4 billion kg CO2e. Colgate-Palmolive is committed to achieving net-zero greenhouse gas emissions across its value chain by 2040, using 2020 as its base year. This overarching goal is supported by several near-term targets. Specifically, the company aims to reduce its Scope 1 and 2 greenhouse gas emissions in operations by 42% by 2030, against the 2020 baseline. Furthermore, they are committed to increasing their annual sourcing of renewable electricity from 35% in 2020 to 100% by 2030. For Scope 3 emissions, the company aims for a 42% reduction in purchased goods and services by 2030, also from a 2020 baseline. Their long-term commitment includes reducing absolute Scope 1, 2, and 3 GHG emissions by 90% by 2040 from a 2020 base year. Colgate-Palmolive is also a signatory to the Climate Pledge.