Commercial, GHG Emissions, Sourcing Renewables - May 14, 2020
Colgate-Palmolive cuts emissions and increases RE by a third
Colgate-Palmolive achieved their 2020 energy goals in the last year and reduced Scope 1 and 2 emissions 32% since 2002 and sourced 28% purchased electricity from renewable sources, as reported in their newly released 2019 Corporate Social Responsibility & Sustainability Report.
The consumer product manufacturer has committed to being net-zero by 2040 and sourcing 100% of the electricity for their global operations from renewable sources by 2030. In 2019, they surpassed their 2020 goal to reduce Scope 1 and 2 emissions 25% and source 25% of electricity from renewable sources. Additionally, they achieved a 33% reduction in energy intensity since 2002, which is equal to the goal they set for 2020.
The report details the company’s involvement in Walmart’s Project Gigaton, which was implemented in 2019 to reduce emissions in Walmart’s supply chain by 1 billion metric tons before 2030. Colgate-Palmolive’s involvement with this project led them to tackle six areas of sustainability: emissions, energy, waste, deforestation, packaging and product use.
“Colgate is a caring, innovative growth company reimagining a healthier future for people, their pets and our planet,” Ann Tracy, Chief Sustainability Officer, said in a statement. “This purpose has guided our efforts and inspires Colgate people to do even more.”
Colgate-Palmolive has also implemented their own strategies for reducing carbon throughout their supply chain and was named a EPA ENERGY STAR Partner of the Year for Sustained Excellence. In 2019, they increased the sustainability of their logistics by implementing route optimization, improving vehicle fuel efficiency and increasing load optimization for deliveries.
Read These Related Articles:
- Colgate-Palmolive Updates Progress To 2025 Goals
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- Colgate-Palmolive Issues First Sustainability Bond
- Colgate-Palmolive Targets Carbon Neutrality Across Supply Chain
- Colgate-Palmolive eyes net zero by 2040, 100% RE by 2030
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