Colgate-Palmolive

Household Products
CL
$ 87 0.46
Share price
$ 71 bn
Market Cap
$ 79 bn
Enterprise Value

Carbon footprint

5.6 Ton
GHG emissions per $ 1 mln investment
0.17x the weighted average for S&P 500
FY2020
How is this calculated?
-8.1%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Colgate-Palmolive's GHG emissions (market-based) (Kt of CO2e)

Colgate-Palmolive's carbon footprint

Colgate-Palmolive reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 442 Kt (-39 /-8.1% y-o-y).

Colgate-Palmolive's Scope 3 emissions decreased to 41,966 Kt (-6,714 /-13.8% y-o-y). The decline accelerated compared to the CAGR of -5.2% since 4Q'16.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Colgate-Palmolive also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net-Zero Target Worldwide consumer products company Colgate-Palmolive Company commits to reach netzero greenhouse gas emissions across the value chain by 2040 from a 2020 base year. Near-Term Targets Colgate-Palmolive Company commits to reduce absolute scope 1 and scope 2 GHG emissions 42% by 2030 from a 2020 base year. Colgate-Palmolive Company also commits to increase annual sourcing of renewable electricity from 35% in 2020 to 100% by 2030. ColgatePalmolive Company also commits to reduce absolute scope 3 GHG emissions from purchased goods and services 42% by 2030 from a 2020 base year. Long-Term Targets Colgate-Palmolive Company commits to reduce absolute scope 1, 2 and 3 GHG emissions 90% by 2040 from a 2020 base year.

Company environmental metrics

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