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Corporate Social Responsibility of Colgate Palmolive Company
- 1. COLGATE PALMOLIVE COMPANY CORPORATE SOCIAL RESPONSIBILITY PRESENTED BY KATO HANIFA NABANKEMA S16B41/014 BIBM3
- 2. FOCUS AREAS Self, CSR, Colgate Palmolive INTRODUCTION Challenges faced by Colgate Palmolive Sustainable Commitments of the company GRI Awards ISSUES Economic performance Market presence Indirect economic impact Procurement practices ECONOMIC CSR >Materials >effluents and wastes >Energy >biodiversity >Water >products and services >Compliance >supplier environment assessment ENVIRONMENTAL CSR Labor practices and descent work Human rights Society Product responsibility SOCIAL CSR
- 3. Products Oral Care Personal Care Home Care Pet Nutrition
- 4. Colgate Palmolive Products Oral care products Personal care productsProduct categories Oral care, personal care, home care, pet nutrition
- 5. INTRODUCTION
- 6. Easy to change colors, photos and Text. Founded 1806 Headquarters New York Market presence 80+ countries Distribution 200+ countries Employees Over 35900 Products Oral Care, Personal Care, Home Care and Pet Nutrition Brands Colgate, Palmolive, Speed Stick, Lady Speed Stick, Soft-soap, Irish Spring, Protex among others
- 7. Challenges faced by Colgate Palmolive Stiff competition from HUL (Close Up, Respondent) and Dabur (Meswak, Dabur Red toothpaste) Controversial chemical (triclosan) challenge Issues for Colgate palm olive
- 8. FIVE GLOBAL SUSTAINABILITY COMMITMENTS OF COLGATE PALMOLIVE COMPANY • Helping Colgate People and Their Families Live Better • Contributing to the Communities Where We Live and Work • Delighting Consumers and Sustaining Our World With Our Brands • Making Every Drop of Water Count • Reducing Our Impact on Climate and the Environment Issues for Colgate Palmolive
- 9. Colgate Palmolive GRI Colgate reports all its operations regarding economic, social and environmental CSR through the Global Reporting Index which ensures transparency Issues for Colgate Palmolive
- 10. Awards Top 7 most diverse and inclusive companies in the U.S. Thompson Reuters Diversity & Inclusion Index No. 96 100 best corporate citizens, corporate responsibility magazine Colgate was one of 74 companies globally named to the 2017 CDP Water A List for leadership in water stewardship Colgate has achieved 68 U.S. EPA ENERGY STAR Challenge for Industry Awards at our global manufacturing sites since 2011 U.S. EPA ENERGY STAR Partner of the Year 2017 for the 7th year in a row, with recognition for Sustained Excellence 2018 World’s Most Ethical Companies Ethisphere Magazine Issues for Colgate Palmolive
- 11. Partners of Colgate Palmolive U.S EPA Energy Star Terracycle ADA Foundation Issues for Colgate palm olive
- 12. ECONOMIC CSR Economic performance First quarter of 2019 revenue growth of 1.92% to $3884.00 million from $ 3811.00 m illion in the fourth quarter of 2018 Market presence Operates in over 80 countries Distributes its products in over 200 countries Indirect economic impact Employment opportunities with over 35900 employees Government revenue Procurement practices The company has a procurement policy Issues for Colgate Palmolive
- 13. ENVIRONMENT CSR Issues for Colgate Palmolive Energy The company has an Energy Management System modeled after U.S. EPA’s Energy Star program which incorporates; Energy treasure hunt program Low carbon energy Partners with U.S EPA green power supporting the voluntary use of green power
- 14. Materials Promotes reduce, reuse and recycle Commitment to reduce the use of plastic in pack aging, using more recycled plastic, and increasin g the recyclability of its plastic packaging, reduci ng the use of PVC plastics
- 15. ENVIRONMENT CSR Issues for Colgate Palmolive Effluents and wastes As per the 2017 report, waste to landfills fell by nearly 44% since 2010 Site related spills fell from two in 2009 to zero in 2010 Greenhouse gas emissions fell by approximately 28% compared to 2002
- 16. ENVIRONMENT CSR Issues for Colgate Palmolive Biodiversity Elimination of non-animal testing over 99% of internal requests for safety assessments of the company’s products are addressed by using availabl e databases and non-animal alternatives.
- 17. ENVIRONMENT CSR Issues for Colgate Palmolive Water Named to the 2015 CDP Water A List, an exclusive global list for corpora te leaders 52% of Colgate sites reuse or recycle water Reverse osmosis process has saved 14 million gallons a year and a sma rt irrigation system is saving 9.4 million gallons a year #EveryDropCounts campaign
- 18. Products and services Oral care, personal care, home care, pet nutrition
- 19. ENVIRONMENT CSR Issues for Colgate Palmolive Compliance Health and safety Diversity and Inclusion Disclosure Statements UK Modern Slavery Act Disclosure Statements UK Modern Slavery Act Transparency in Supply Chains Act
- 20. ENVIRONMENT CSR Issues for Colgate Palmolive Supplier Environment Assessment Colgate’s Third Party Code of Conduct sets the Company’s expectations for suppliers and business partners The Code is provided to suppliers and business partners and Colgate’s c ontracts and purchase orders typically require suppliers to abide by the Code’s standards
- 21. SOCIAL CSR Issues for Colgate Palmolive Labor practices and descent work Ensures diversity of its people through inclusive culture and values a nd promoting employee resource groups provides all employees with a series of training programs focused on building leadership skills creation of employee resource groups such As Colgate Abilities Netw ork, Diversity Councils
- 22. SOCIAL CSR Issues for Colgate Palmolive Human rights supports the United Nations Universal Declaration of Human Rights and the International Labor Organization (ILO) Core Labor Standards Colgate’s Code of Conduct Since 1987 communicates the company’s commitment to oppose the illegal use of child labor, human exploitati on and all other forms of unacceptable treatment of workers. The company has a Performance Reporting & Remedying Grievance s “The Colgate Ethics Line
- 23. SOCIAL CSR Issues for Colgate Palmolive Product responsibility assure that every product sold has been evaluated thor oughly for both its intended use as well as for instance s of accidental misuse
- 24. SOCIAL CSR Issues for Colgate Palmolive Society Bright smiles bright future Oral health month Protex hand washing day Colgate women’s games Give kids a smile Starlight Children’s Foundation Start with a Smile
- 27. Protex hand washing day
- 29. Give kids a smile
- 31. Start with a Smile
- 32. Thank you for listening Kato Hanifa Nabankema