Achieving economic, social and environmental performance in today’s business climate requires a longterm corporate social responsibility and sustainability strategy that is executed with discipline year after year. At Colgate, we bring to our 2015 to 2020 Sustainability Strategy the same dedication we bring to our business building efforts, and a strong focus on delivering our five global commitments and goals:
- Helping Colgate People and Their Families Live Better
- Contributing to the Communities Where We Live and Work
- Brands That Delight Consumers and Sustain Our World
- Making Every Drop of Water Count
- Reducing Our Impact on Climate and the Environment
Publication of this report provides the opportunity to thank Colgate people and our partners for their contributions to delivering our strategy. We are also especially pleased to highlight these aspects of our ongoing sustainability journey:
- 2016 marked the 25th Anniversary of our Bright Smiles, Bright Futures program (BSBF), through which Colgate has reached over 900 million children in need around the world with oral health education.
- Colgate no longer uses microbeads or phthalates as ingredients in our products. We have also reformulated our products using alternative, safe preservative systems and no longer use parabens as preservatives in our products. In 2017, we will also complete the elimination of the use of formaldehyde donors as preservatives in our products.
- The efforts of Colgate people around the world enabled us to be recognized as a member of the North American DJSI Leadership Index, CDP Water A List and CDP Climate A List as well as sector leaders in the Just Capital Ranking.
- We continue to increase the number of facilities that were constructed with sustainability in mind—14 facilities have achieved 17 certifications from the U.S. Greenbuilding Council under Leadership in Energy and Environmental Design.
- In 2016, we joined members of the Consumer Goods Forum in a commitment to eradicate forced labor from our value chains. We believe that every worker should have freedom of movement, no worker should pay for a job and no worker should be indebted or coerced to work, principles long established in our own direct operations.
- We issued a commodity-specific Policy on Responsible and Sustainable Sourcing of Palm Oils and are continuing to work with our suppliers and The Forest Trust to build a traceable supply chain that meets our policy criteria.
- We have also recently confirmed our support for the UN Global Compact and principles on human rights, labor, environmental and anticorruption.
As we head into 2017, Colgate will continue to care for the well-being of people and their families, be a steward for the planet and its resources and do business with the highest level of integrity.
We are confident we will accomplish what we are setting out to achieve by working together as one global team, committed to continue Giving the World Reasons to Smile.
Chairman, President and Chief Executive Officer