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1、2023 Sustainability&Social Impact Report THE POWER OF WE Reimagining a healthier future for all people,their pets and our planet.-01 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment About This Report We recogni
2、ze that transparency is important,and thus,this report provides sustainability information relevant to a broad range of stakeholders.We obtain third-party verification for certain of our environmental and social KPIs.Unless otherwise indicated,this report includes environmental,health and safety(EHS
3、)data from 100%of our manufacturing sites and technology centers around the world,but does not include data from contract manufacturers.(1)Certain information relates to our broader value chain.Supplier Responsible Sourcing Assessment program data includes contract manufacturers,warehouses and suppl
4、iers;our greenhouse gas emissions and water footprints include additional data from upstream and downstream in our value chain;and progress on our Policy on No Deforestation includes selected suppliers.Financial information is presented on a consolidated basis and in U.S.dollars.The report provides
5、data for Colgates fiscal year 2023 along with historical information and more recent updates where indicated.We issue our report on an annual basis.This report has been prepared with reference to the GRI Standards.The alignment of this years report to the GRI framework can be found in our GRI Conten
6、t Index.There are no significant changes in the scope of our report or the key sustainability issues identified.Please see our 2023 GRI Content Index for more details.For inquiries,please visit Colgates Consumer Affairs site.Our reports aligned with the Task Force on Climate-related Financial Disclo
7、sures Report(TCFD)recommendations and to the Sustainability Accounting Standards Board(SASB)standards are available on our website.Cautionary Statement on Forward-Looking Statements All statements in this report that are not historical,including targets for and projections for future results,the exp
8、ected achievement and effect of our sustainability strategy and initiatives,including our 2025 Sustainability&Social Impact Strategy,and the amounts and timing of their expected impact are“forward-looking statements”within the meaning of the U.S.Private Securities Litigation Reform Act of 1995 and t
9、he rules,regulations and releases of the U.S.Securities and Exchange Commission(SEC).Forward-looking statements generally can be identified by words such as“believes,”“expects,”“estimates,”“intends,”“plans,”“strives,”“may,”“could,”“projects,”“should,”“will,”“continue,”“targets,”“goals”and other simi
10、lar expressions,and are based on managements views and assumptions as of the date they were made.This report is issued as of April 26,2024 and,except as required by law,we undertake no obligation to update these statements as a result of new information and we make no representation,express or impli
11、ed,that the information is still accurate or complete.We caution that such forward-looking statements are not guarantees of future performance and that actual events or results may differ materially from these statements due to a number of factors.Information about factors that could impact our busi
12、ness and cause actual results to vary,possibly materially,from these forward-looking statements,can be found in this report and in our filings with the SEC,including the information set forth under the captions“Risk Factors and“Cautionary Statement on Forward-Looking Statements”in Colgates Annual Re
13、port on Form 10-K for the year ended December 31,2023 and subsequent Quarterly Reports on Form 10-Q.(1)Although we do not include the local operating results of our subsidiaries in Venezuela and Pakistan in our Consolidated Financial Statements,data from these locations are included in the calculati
14、ons in this report.CONTENTS Introduction 03 About Colgate-Palmolive 04 Letter from Noel Wallace,Chairman,President and CEO 05 Letter from Ann Tracy,Chief Sustainability Officer 06 2025 Sustainability&Social Impact Strategy 07 2023 Sustainability&Social Impact Highlights 09 UN Sustainable Development
15、 Goals Sustainability Management 13 Materiality Approach 13 Stakeholder Engagement Sustainabilty Governance 15 Board of Directors 16 Business Integrity THREE KEY AMBITIONS Driving Social Impact 18 WE Inspire Our People to Make a Difference 23 WE Create a More Inclusive World 24 WE Help Children,Thei
16、r Families and Communities Thrive 2023 Sustainability&Social Impact Report Helping Millions of Homes 29 Design Sustainable Products 31 Build Sustainable Habits for Life 32 Foster Lifelong Relationships Between Pets and People Preserving Our Environment 34 Eliminate Plastic Waste 38 Accelerate Action
17、 on Climate Change 41 Lead with Zero Waste Facilities 44 Promote Water Stewardship 47 Drive Sustainable Sourcing 02 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment Introduction In This Section 03 About Colgate
18、-Palmolive 04 A Welcome Letter from Noel Wallace,Chairman,President and CEO 05 A Welcome Letter from Ann Tracy,Chief Sustainability Officer 06 Colgates 2025 Sustainability&Social Impact Strategy 07 2023 Sustainability&Social Impact Highlights 09 UN Sustainable Development Goals Living Our Values EVE
19、RYDAY We are CARING INCLUSIVE COURAGEOUS 2023 Sustainability&Social Impact Report Hills Pet NutritionAfrica/EurasiaAsia PacificEuropeLatin AmericaNorth AmericaHills Pet NutritionAfrica/EurasiaAsia PacificEuropeLatin AmericaNorth AmericaEmerging MarketsDeveloped MarketsEmerging MarketsDeveloped Marke
20、ts 03 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment About Colgate-Palmolive Founded in 1806,Colgate-Palmolive Company(together with its subsidiaries,“we,”“us,”“our,”the“Company,”“Colgate or“Colgate-Palmolive
21、”)is a caring,innovative growth company reimagining a healthier future for all people,their pets and our planet.We are a publicly traded consumer products company with$19.5 billion of worldwide net sales in 2023.As of December 31,2023,we had approximately 34,000 employees based in over 100 countries
22、,driving our success.Headquartered in New York City,Colgate operates in two product segments:Oral,Personal and Home Care;and Pet Nutrition.The operations of the Oral,Personal and Home Care product segment are managed geographically in five reportable operating segments:North America,Latin America,Eu
23、rope,Asia Pacific and Africa/Eurasia.Focused on Oral Care,Personal Care,Home Care and Pet Nutrition,we market our products in more than 200 countries and territories under brands such as Colgate,Palmolive,Darlie,elmex,hello,meridol,Sorriso,Toms of Maine,EltaMD,Filorga,Irish Spring,Lady Speed Stick,P
24、CA SKIN,Protex,Sanex,Softsoap,Speed Stick,Ajax,Axion,Fabuloso,Murphy,Soupline and Suavitel,as well as Hills Science Diet and Hills Prescription Diet.We are recognized for our leadership and innovation in promoting sustainability and community wellbeing,including our achievements in decreasing plasti
25、c waste and promoting recyclability,saving water,conserving natural resources and improving childrens oral health through the Colgate Bright Smiles,Bright Futures program,which has reached approximately 1.7 billion children and their families since 1991.For more information about Colgates global bus
26、iness and how we are building a future to smile about,visit .2023 HIGHLIGHTS#1 Market Share in Toothpaste Worldwide+8.5%Net and Organic Sales Growth+120bpsGross Profit Margin+19%Advertising Investment+47%Operating Cash Flow 61 Consecutive Years of Dividend Increases$2.7BCash Returned to Shareholders
27、 Through Dividends and Share Repurchases Recyclable Toothpaste Tube*50+Available in Countries Net Sales By Geographic Region 22%Hills Pet Nutrition 20%North America 14%Europe 6%Africa/Eurasia 24%Latin America 14%Asia Pacific Net Sales By Market Maturity 5Deve5%loped Markets 45%Emerging Markets Busin
28、ess Priorities To achieve our business and financial objectives,we are focused on driving organic sales growth and consistent compounded earnings per share growth through science-led,core and premium innovation;pursuing higher-growth adjacent categories and segments;expanding in faster-growing chann
29、els and markets and delivering margin expansion through operating leverage and efficiency.We continue to prioritize our investments in high growth segments within our Oral Care,Personal Care and Pet Nutrition businesses.We are also seeking to lead in the development of human capital,and to maximize
30、the impact of our sustainability and social impact and diversity,equity and inclusion(DE&I)strategies.We are strengthening and leveraging our capabilities in areas such as innovation,digital,artificial intelligence,eCommerce and data and analytics,enabling us to be more responsive in todays rapidly
31、changing world.We continue to invest behind our brands,including through advertising,and to develop initiatives to build strong relationships with consumers,dental,veterinary and skin health professionals and traditional and eCommerce retailers.We continue to believe that growth opportunities are gr
32、eater in those areas of the world in which economic development and rising consumer incomes expand the size and number of markets for our products.Additional 2023 highlights can be found in Colgates 2023 Annual Report.*Your community may not yet accept tubes for recycling.Check locally.Learn more at
33、 Sustainability&Social Impact Report 04 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment A Welcome Letter from Noel Wallace,Chairman,President and CEO We are proud to share this report detailing the progress Co
34、lgate-Palmolive made in 2023 to advance our 2025 Sustainability&Social Impact Strategy.We are aiming high,with ambitious goals that will have a positive impact on our company,society and the planet.Striving to make the world a better place is deeply rooted in our values and our purpose to reimagine
35、a healthier future for all people,their pets and our planet.And it is a cornerstone of our business strategy,strengthening our teams and culture and connecting us with the people we serve.Consumers choose brands that actively contribute to their communities and act responsibly,so we strongly believe
36、 that our sustainability and social impact efforts support our growth.As we work toward driving impactful change,we are reminded of two fundamental truths:a single company can make a difference in the world,and no company can tackle todays toughest challenges working alone.Here are three examples of
37、 how Colgate-Palmolives leadership is making a difference:Colgate-Palmolive is supporting better health for the millions of children we reach each year around the world with our flagship Bright Smiles,Bright Futures(BSBF)program.Since the program was established in 1991,BSBF has reached approximatel
38、y 1.7 billion children and their families.The program strategically partners to reach the underserved where they are born,live,work,learn and play.BSBF promotes health equity,optimal health and wellbeing,and works to empower children and their families to achieve healthy and bright futures.Colgate-P
39、almolive is leading in reducing waste from our operations,with 36 sites in 21 countries on five continents achieving TRUE certification for zero waste as of December 31,2023 more than any other company.In the same way we look to scale innovative new products or digital tools across our business,we h
40、ave extended our zero waste reach to more sites each year.It is good for the company and good for the planet.We believe in the TRUE certification program,and share our experiences with others seeking to adopt its rigorous standards.Colgate-Palmolive was a pioneer in transforming toothpaste tubes by
41、creating a first-of-its kind recyclable tube and the first to be recognized for meeting the technical requirements for compatibility with the recycling stream for high density polyethylene(HDPE),No.2 plastic.What has helped make our innovation a game changer is that from the start,we have shared our
42、 technology with other companies to encourage their shift to recyclable tubes.While consumers should check with their local programs about whether tubes are accepted for recycling in their community,today,approximately 90%of all toothpaste tubes being produced for the U.S.and Canada markets have des
43、igns compatible with the color HDPE bottle recycling stream,according to Stina Inc.,which is leading a tube recycling project among diverse stakeholders,including Colgate.As our leadership on recyclable tubes demonstrates,Colgate-Palmolive is making an impact.And to meet todays toughest challenges,w
44、e are also collaborating with external partners,industry associations,nonprofits and others to help achieve our ambitions.One area where partnership is advancing our goals is childrens oral health.For decades we have partnered with teachers and dentists to spread our BSBF message.Last year,we sharpe
45、ned our focus on another group,nurses,as a key enabler to reaching more children.One example is in Kenya and Tanzania,where we worked with the Ministries of Health to educate almost 1,500 nurses in a half-day event.And in the U.S.,BSBF partnered with the Sigma Theta Tau International Honor Society f
46、or Nursing,which trained nurses to be“Oral Health Equity Leaders”in underserved communities.Another challenge that requires extensive collaboration for meaningful progress is accelerating action on climate change.Stopping commodity-driven deforestation is part of the answer,and addressing this compl
47、ex global challenge requires industry to collaborate and engage with others.We are part of a coalition of 21 companies,including many of the worlds major consumer goods companies and retailers,with shared goals to accelerate efforts to remove commodity-driven deforestation from our individual supply
48、 chains,set higher expectations for traders to act across their entire supply base,drive transformational change in key commodity landscapes and define measurable outcomes that all members agree to track and report individually and collectively.The coalition is raising the bar for all members and dr
49、iving collaboration with producers,suppliers and traders at all stages of the supply chain.A third daunting challenge we are joining with others to address is to reduce plastic waste and promote a circular economy for plastic.So while we have set clear targets in areas such as using less plastic and
50、 more recycled plastic and making all of our packaging recyclable,reusable,or compostable,we also need to work with others toward systemic changes that no company can achieve alone.For example,through an industry coalition we endorsed a white paper on Extended Producer Responsibility(EPR)that suppor
51、ts the development of optimal EPR programs and as a key solution for accelerating progress on packaging waste.Colgate-Palmolive People are committed to meeting the challenges we face head on and achieving our sustainability and social impact targets,working energetically and collaboratively to reima
52、gine a healthier future.I am grateful for their talent and dedication and for the support of our partners and stakeholders.We invite you to review the full report and join us in our efforts to foster a healthier and more sustainable future.Noel Wallace CHAIRMAN,PRESIDENT AND CHIEF EXECUTIVE OFFICER
53、2023 Sustainability&Social Impact Report 05 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment A Welcome Letter from Ann Tracy,Chief Sustainability Officer Millions of people around the world experienced extreme
54、heat in 2023,with global records set over seven consecutive months from June to December.July was the hottest month ever recorded!The implications of this trend are drastic.WWF reports that“we lose Arctic sea ice at a rate of almost 13%per decade and over the past 30 years,the oldest and thickest ic
55、e in the Arctic has declined by a stunning 95%.If emissions continue to rise unchecked,the Arctic could be ice-free in the summer by 2040.”The impact of climate change is troubling and resulting in sea level rise,biodiversity loss and ultimately climate shifts.That is the bad news.The good news is t
56、hat we can work together to do something about it.But it will take collaboration and commitment by all governments,NGOs,investors,companies and consumers.While attending COP28,I was encouraged by the sheer number of attendees energized to make a difference in support of a healthier planet and the di
57、alogues taking place to organize the world to move toward net zero carbon.An overarching theme was the financing required to make this transition.A number of commitments were made by multiple industrialized countries,including over$655 million designed to support developing countries.This is just a
58、fraction of what is estimated to be required over time as defined by the Loss and Damage Fund.And regulations are evolving,inspiring us and other companies to reach net zero and provide our stakeholders with consistent and comparable sustainability information;the European Corporate Sustainability R
59、eporting Directive and now the SEC climate-related disclosure rules are two examples that we are gearing up for.We believe that our ambitions,actions and targets have set us up well as we prepare for these and other regulations.Our 2025 Sustainability&Social Impact Strategy has three key ambitions D
60、riving Social Impact;Helping Millions of Homes and Preserving our Environment with 11 actions and close to 50 targets.We are now past the halfway point of our 2025 Strategy and taking stock of our 2025 actions and targets.We are working hard on our“shields,”which are actions we believe we must take
61、based on regulations and financial and/or reputational consequences,and commitments we are proud to make because they are the right thing to do.And we are doubling down on our“swords,”which are areas where we want to lead.Under Driving Social Impact,we lead with our flagship oral health program,Brig
62、ht Smiles,Bright Futures.For over 30 years,we have been educating children and their families on the relationship between and importance of oral health and wellbeing and provide education,access to dental services,and the products and tools to implement healthy habits.Establishing partnerships with
63、nurses is a key enabler to reaching more children.Since we began the program in 1991,we have reached approximately 1.7 billion children and their families through 2023and have a target to reach two billion by 2025.We are on a journey to Help Millions of Homes by transitioning all of our toothpaste p
64、ackaging to our first-of-its-kind recyclable tube.Our science-led innovation teams help us to design products with improved sustainability profiles with the aim of helping our consumers build healthy and more sustainable habits at home,including recycling.Since introducing the tube in 2019,we have t
65、ransitioned approximately 60%of our toothpaste SKUs globally and approximately 90%of our toothpaste SKUs in North America,as of December 31,2023.We recognize the importance of scaling quickly,so we have shared our tube technology by holding over 80 sessions with third parties to encourage recyclabil
66、ity of all tubes in practice and at scale.We are also focused on working with recycling stakeholders and partnering with key third parties to drive tube acceptance.Our goal is to transition the remainder of our toothpaste portfolio to the recyclable tubes by 2025 globally.The tubes are compatible wi
67、th the HDPE or No.2 recycling stream,which is the same as laundry detergent bottles.Note that during this transition phase,not all communities may accept tubes for recycling,so you should check with their local facilities!We are Preserving our Environment by Accelerating Action on Climate Change.We
68、have a target to achieve net zero carbon by 2040 and continue to prioritize building more efficient operations.All of our new sites must be LEED certified and,as of December 31,2023,36 of our sites have achieved TRUE certifications for zero waste(coordinated by the Green Business Certification Inc.)
69、.Our newest site in Tonganoxie,Kansas is a smart factory producing pet food for Hills Pet Nutrition.Powered by AI and robotics while utilizing digital processes and safety monitoring,Tonganoxie is on track to being LEED certified in 2024.We also have an interim target to reach 100%renewable electric
70、ity by 2030.In 2023,we made great progress toward this target by entering into our first Virtual Purchase Power Agreement(VPPA).This VPPA is funding a solar energy farm in Texas,which upon completion,is expected to produce the equivalent of 100%of our U.S.-based operational electricity needs.We are
71、proud of our net zero plans,which were approved by the Science Based Targets initiative,but we recognize we have more work to do.You can find out more information about our transition plan and our progress to date in our 2024 Climate Strategy&Net Zero Carbon Transition Plan.As we look toward and sta
72、rt to plan for 2030,we are keeping our eye on some key priorities.We are implementing new digital data management tools that will help us with our net zero tracking.We are educating our employees on the importance of this work,building awareness and establishing global champions.And we continue to e
73、ngage with many critical stakeholders,including NGOs,peers and others to take action.This Report provides more information about these actions and who we are partnering with to achieve them.Ann Tracy CHIEF SUSTAINABILITY OFFICER 2023 Sustainability&Social Impact Report 06 Introduction Sustainability
74、 Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment Colgates 2025 Sustainability&Social Impact Strategy With the Colgate brand in more homes than any other,we are presented with great opportunities and new challenges as we work to integrate
75、 sustainability into all aspects of our business and create positive social impact.We are determined to position ourselves for further growth as we act on our 2025 Sustainability&Social Impact Strategy,based on our three key ambitions,which are supported by a set of dedicated actions and targets.Dri
76、ving Social Impact We are committed to helping to ensure the wellbeing of all people and their pets,building an equitable and inclusive culture and creating meaningful opportunities for all people to succeed inside and outside of Colgate.WE Inspire Our People to Make a Difference:We motivate and ena
77、ble our people to reach their full potential and perform at their best every day by valuing people for their contributions and sharing in the success we create together.WE Create a More Inclusive World:We will ensure all Colgate People feel they belong and are supported to achieve their potential.We
78、 will drive representation across all organizational levels with a focused,consistent effort and a target to achieve parity with qualified labor force availability.WE Help Children,Their Families and Communities Thrive:We advance the health and wellbeing of children,their families and communities by
79、 investing in innovations that empower them for healthy and bright futures.Helping Millions of Homes We are empowering people to develop healthier habits by choosing sustainable products that improve their lives and homes,from oral and personal care to pet nutrition and home care.Design Sustainable
80、Products:We are innovating our products to help our consumers live more sustainable lives.We intend to keep improving the environmental footprint of all products we develop and market.Build Sustainable Habits for Life:We are helping people build more sustainable habits by offering better products,in
81、formation choices and education.Our target is to provide 100%ingredient transparency,*promote water conservation awareness with messaging to 100%of our global consumers and guide consumers on recycling for our products.Foster Lifelong Relationships Between Pets and People:We want to help every pet f
82、ind a forever home by supporting our global shelter partners with resources and premium nutrition.Our ambitious goal is to find adoption homes for 15 million shelter pets through the Hills Food,Shelter&Love program by 2025.Preserving Our Environment We are accelerating action on climate change and r
83、educing our environmental footprint,working with our partners and operations to eliminate waste,decrease plastic usage,save water and conserve natural resources.2023 Sustainability&Social Impact Report Eliminate Plastic Waste:It is our target to eliminate one-third of our new(virgin)plastics(versus
84、2019)and make all of our packaging recyclable,reusable or compostable by 2025.Accelerate Action on Climate Change:We are taking steps toward net zero carbon emissions across our value chain.*Our goal is to achieve net zero carbon by 2040 and 100%renewable electricity for our global operations by 203
85、0.Lead with Zero Waste Facilities:We are working to operate high-efficiency,low-impact,zero waste facilities and it is our goal to achieve 100%zero waste operations by 2025.Promote Water Stewardship:We are working for water resilience across our value chain,protecting ecosystems and supporting water
86、 access.Our goal is to achieve net zero water at our manufacturing sites in water-stressed areas by 2025 and across all sites by 2030.Drive Sustainable Sourcing:We are engaging all of our key suppliers in order to support our goal to source sustainably and strive for deforestation and conversion fre
87、e supply chains,prioritizing palm and soy.*“Ingredient Transparency”means listing all intentionally added ingredients,providing a description of the ingredient purpose and disclosing fragrance or flavor ingredients of greater or equal to 100 ppm.*Excludes Scope 3 optional emissions per SBTi Net Zero
88、 Standard.07 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment 2023 Sustainability&Social Impact Highlights Our 2025 Sustainability&Social Impact Strategy is consistent with our continued commitment to building
89、environmental and social consciousness into our decision-making,earning us recognition in 2023 as a U.S.EPA ENERGY STAR Partner of the Year for the 13th consecutive year.We also received a Leadership score of A-on both the CDPs Water Security List and Climate Change List and,in 2024,were recognized
90、as one of the Worlds Most Ethical Companies by Ethisphere for the 14th consecutive year and named one of Americas Most JUST Companies by JUST Capital,in recognition of our commitment to serving our workers,customers,communities,stockholders and the environment.Driving Social Impact1.7 Billion Childr
91、en and Their Families Helped Colgates Bright Smiles,Bright Futures program is our flagship oral health education and wellbeing initiative.Since the program was established in 1991,it has reached approximately 1.7 billion children and their families in more than 100 countries.Helping Millions of Home
92、s2023 Sustainability&Social Impact Report Analytics Dashlab is an internally developed tool to help bring pertinent sustainability information to our research and development teams.Our scientists are equipped with the information needed to make a positive sustainability impact at the design phase of
93、 the process.Preserving Our EnvironmentCertified Zero WasteThe Company reached 36 TRUE certifications for zero waste in 21 countries across five continents,more than any other company,as of December 31,2023.This includes five warehouses,30 manufacturing sites and one office site.Helping Millions of
94、Homes Food,Shelter&Love Since 2002,Hills Food,Shelter&Love program has provided more than$300 million in pet food to more than 1,000 pet shelters and helped more than 14 million pets find new homes across North America.Driving Social Impact100%Training Completion In 2023,all Colgate employees worldw
95、ide successfully completed mandatory Ethical Leadership Training(ELT).Our Board of Directors also completed the ELT.Making ethical decisions that are aligned with our Code of Conduct,Global Business Practices Guidelines and Leadership Principles are at the core of everything we do.08 Introduction Su
96、stainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment More information about our 2025 Sustainability&Social Impact Strategy is available in the Sustainability section of our website at https:/ community may not yet accept tubes fo
97、r recycling.Consumers should check locally.Learn more at used for a 650ml bottle.*“People managers”refers to employees with roles that have at least one direct report,“executives”refers to those employees who are eligible to participate in Colgates equity incentive compensation plans and“senior lead
98、ership”refers to employees who are Senior Vice Presidents and above.Preserving Our EnvironmentRecyclable Toothpaste Tube We introduced our first-of-its-kind recyclable toothpaste tube*in 2019 and,as of December 31,2023,have transitioned approximately 60%of our toothpaste SKUs globally and approximat
99、ely 90%of our toothpaste SKUs in North America to recyclable.The recyclable toothpaste tube is now available in over 50 countries worldwide.Helping Millions of HomesInnovation We launched SOUPLINE HEARTS TABLETS,a new form of fabric conditioner that is the only fabric softener tablet on the market i
100、n France and Belgium.The pre-dosed tablets are manufactured with 0%water,72%less plastic versus liquids,*and 89%natural origin ingredients.Preserving Our Environment Renewable Energy We signed a long-term virtual power purchase agreement(VPPA)for a solar energy farm outside of Waco,Texas,which will
101、be a source of clean,renewable energy in the U.S.Upon completion,the solar farm is expected to produce the equivalent of 100%of our U.S.-based operational electricity needs.Driving Social ImpactWorkforceAs of December 31,2023,our global workforce was approximately 59%male and 41%female.Women represe
102、nted approximately 54%of our salaried and clerical employees,46%of our people managers,45%of Colgates executives and 38%of senior leadership.*Driving Social ImpactRecognition In 2023,we earned 21 Brandon Hall Awards from the Brandon Hall Group,which recognizes organizations that have successfully de
103、ployed learning programs with measurable results.Helping Millions of HomesSmartLabel Colgate continues to utilize digital platforms,such as SmartLabel,in the U.S.,which provide a wide range of product details that cannot fit on a package label.It explains what the ingredients are,why they are in the
104、 product and what they do and provides information on recyclability.2023 Sustainability&Social Impact Report Preserving Our EnvironmentInnovations Hills Tonganoxie,KS,facility is Colgate-Palmolives FIRST SMART FACTORY,incorporating the best,proven technologies from our other manufacturing sites and
105、adding state-of-the-art innovations.09 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment UN Sustainable Development Goals Colgate supports the Sustainable Development Goals(SDGs).The table below shows how initia
106、tives described in each section of this report addresses specific UN SDGs.2023 Sustainability&Social Impact Report Colgates 2025 Sustainability&Social Impact Strategy Sustainable Development Goals(SDGs)DRIVING SOCIAL IMPACT WE Inspire Our People to Make A Difference WE Create a More Inclusive World
107、WE Help Children,Their Families&Communities Thrive HELPING MILLIONS OF HOMES Design Sustainable Products Build Sustainable Habits for Life Foster Lifelong Relationships Between Pets and People PRESERVING OUR ENVIRONMENT Eliminate Plastic Waste Accelerate Action on Climate Change Conserve Water Lead
108、with Zero Waste Facilities Drive Sustainable Sourcing Our Partnership and collaboration with external partners are an important element of our 2025 Sustainability&Social Impact Strategy 10 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes
109、 Preserving Our Environment SDG 3-GOOD HEALTH AND WELLBEING:We are committed to ensuring the wellbeing of those we serve,building a culture of inclusivity and creating meaningful opportunities for all people to succeed inside and outside Colgate.Our Bright Smiles,Bright Futures(BSBF)program continue
110、s to educate young people on the relationship between and importance of oral health and wellbeing and provides education,access to dental services,and the products and tools to implement healthy habits.Through these efforts,we contribute toward the goals of SDG(3.d).In some countries,as an addition
111、to our BSBF oral care education programs,we include education about proper handwashing.In our Hills Pet Nutrition business,we help enrich and lengthen the special relationship between people and their pets by providing science-led pet nutrition to cats and dogs.SDG 4-QUALITY EDUCATION:We believe one
112、 of the best ways to drive social impact and to help young people in our communities thrive is through educational opportunities for different populations.Examples of how we accomplish this include sponsoring the Colgate Womens Games,the longest-running amateur track and field competition for girls
113、and young women in the U.S.;supporting the United Negro College Fund since their founding in 1944;and funding a comprehensive program with the National Dental Association Foundation aimed at empowering underrepresented students in the U.S.Our Know Your OQ is a comprehensive public health initiative
114、and global consumer education campaign to advance oral health worldwide.Our BSBF program provides education to nurses,community health workers and primary school teachers on the importance of good oral health and wellbeing for children and their families.Our employee resource groups(ERGs)celebrate i
115、ndividual and collective diversity,contribute to our employees personal and professional development and offer the opportunity to connect with each other.Through these efforts,we contribute toward the goals of SDG(4.3).SDG 5-GENDER EQUALITY:Colgate is committed to making progress against the aspirat
116、ions that we set for ourselves with respect to diversity,equity and inclusion.We diligently manage,measure and report key performance metrics on our way to reaching the following aspirational goals;qualified labor force representation among women across the world at all organizational levels;qualifi
117、ed labor force representation of Black/African American,Latin and Asian ethnic groups in the U.S.at all organizational levels;achieving inclusion scores in the top quartile of measured companies;and achieving 10%of Four Tier 1 direct spend with diverse supplier partners in North America by 2025.Thro
118、ugh these efforts,we contribute toward the goals of SDG(5.5),supporting participation in equal opportunities for leadership at all levels of decision-making within the organization.SDG 6-CLEAN WATER AND SANITATION:Saving water is a cornerstone of Colgates 2025 Sustainability&Social Impact Strategy,a
119、 central component of our mission to create a healthy and sustainable future.We are taking action to promote water stewardship,ensure security and resilience across our value chain,protect ecosystems and support water access in our communities.Our Save Water campaign continues to increase consumer a
120、wareness through messaging on our packaging,online and in stores.Through these efforts,we contribute toward the goals of SDG(6.3)and(6.4)as we help support reductions of our environmental impact by managing wastewater and working to reduce pollutant-loading in our wastewater discharges prior to trea
121、tment,in addition to supporting water-use efficiency across our operations as well as educating our consumers.SDG 7-AFFORDABLE CLEAN ENERGY:Sourcing carbon-free renewable electricity is a central element of our plan to achieve Net Zero greenhouse gas emissions in our operations.Our plan provides det
122、ailed visibility into the timelines and milestones to reach 100%renewable electricity.We have built a global renewable energy master plan,which includes road maps by division,to cover our manufacturing facilities,owned warehouses,global technology centers and offices.We signed a long-term VPPA for a
123、 solar energy farm which will be a source of clean,renewable energy in the U.S.Upon completion,the solar farm is expected to produce the equivalent of 100%of our U.S.-based operational electricity needs.Through these efforts,we contribute toward the goals of SDG(7.2)and SDG(7.3),by increasing the sh
124、are of renewable energy in our global operations and increasing the rate of improvement in our energy efficiency.SDG 8-DECENT WORK AND ECONOMIC GROWTH:We have a strong model to develop our internal talent in current roles or to get prepared for future roles and to promote productivity and innovation
125、.That includes career development leveraging functional career pathways and skills frameworks to get a better understanding of what experiences and skills are required to achieve our career aspirations.Based on these aspirations,strengths and development opportunities,team members can work with thei
126、r managers to identify development goals and actions to focus on.Building the capabilities of our team so they can perform well in their day-to-day work,drive business objectives and develop personally is a top priority.Through these efforts,we contribute toward the goals of SDG(8.3).SDG 9-INDUSTRY,
127、INNOVATION AND INFRASTRUCTURE:We deliver on our promise each and every day with our culture of innovation,contributing to the goals of SDG(9.5).By enhancing scientific research and upgrading our technological capabilities to support the development of sustainable products,we are also contributing to
128、 SDG(9.b).Our first-of-its-kind recyclable toothpaste tube is an example of our innovation within packaging.Our goal is to transition the remainder of our toothpaste portfolio globally to recyclable tubes by the end of 2025.We are making significant progress in our efforts to transform the toothpast
129、e category and,so far,have shared our tube technology by holding over 80 sessions with third parties to encourage recyclability of all tubes in practice and at scale.2023 Sustainability&Social Impact Report 11 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Help
130、ing Millions of Homes Preserving Our Environment SDG 10-REDUCED INEQUALITIES:Colgate takes multiple approaches to philanthropic community support and one key focus is creating pathways to achieve equity in opportunity,particularly in the areas of health care,science and technology.Through these effo
131、rts,we help contribute to the goals of SDG(10.2),encouraging inclusivity.We create a diverse talent pipeline by partnering with academic institutions and nonprofits to offer scholarships,mentorships and research projects and student competitions for people from underserved communities.We believe exp
132、anding educational opportunities and professional networks benefit individuals,companies,causes and communities.SDG 12-RESPONSIBLE CONSUMPTION AND PRODUCTION:As a way to reduce our Scope 3 GHG emissions from our waste streams,Colgate is working toward zero waste through the TRUE certification for ze
133、ro waste program overseen by Green Business Certification Inc.(GBCI).Currently,our manufacturing facilities and certain offices and warehouses are using the TRUE certification for zero waste approach and tools.Facilities that have received TRUE certification for zero waste also meet high standards w
134、ith respect to energy and water efficiency.In addition,our first-of-its kind recyclable toothpaste tube helps to make plastic tubes part of the circular economy,thereby promoting reduction in plastic waste.Through these efforts,we contribute towards the goals of SDG(12.5).SDG 13-CLIMATE ACTION:Accel
135、erating Action on Climate Change is a core action of our 2025 Sustainability&Social Impact Strategy and drives our intention for Net Zero carbon emissions across our growing business.Our targets align with SBTi,the Paris Agreement,our signing of the Business Ambition for 1.5C and our commitment to R
136、ecover Better,working in concert with the UN Global Compact(UNGC).These targets and commitments show our acknowledgement of and efforts to mitigate our climate-related risks.Through these efforts,we contribute to the goals of SDG(13.1).We will continue to make progress toward reducing emissions by w
137、orking across our entire value chain,including our suppliers,operations and consumers,and across our interconnected pillars:Supply Chain Engagement;Net Zero Carbon Operations;Sustainable Products&Consumers;Business Resilience and Society&Nature.SDG 14-LIFE BELOW WATER:It is our goal,by 2025,to reduc
138、e the absolute use of new(virgin)plastic by one-third against a 2019 baseline;use at least 25%post-consumer recycled plastic in our packaging;make all of our packaging recyclable,reusable or compostable;and eliminate unnecessary and problematic packaging.Through these efforts,we contribute toward th
139、e SDG goals(14.1).SDG 15-LIFE ON LAND:Through responsible sourcing,we strive for the sustainable use of terrestrial and inland freshwater ecosystems to support our efforts to protect the environment through our sourcing practices focused on key forest risk commodities,including palm oil,soy-based pr
140、oducts,pulp and paper-based packaging and beef(tallow).Through these efforts,we support SDG(15.1)as we have developed and implemented commodity-specific policies for palm and soy that outline our expectations for suppliers of these materials,and we have an overarching No Deforestation Policy that ap
141、plies to the four key forest risk commodities we source.SDG 16-PEACE,JUSTICE AND STRONG INSTITUTIONS:Our success is linked to the Companys reimagined values of being Caring,Inclusive and Courageous.By fully integrating ethics and integrity into our ongoing business relationships and decision making,
142、we demonstrate a commitment to a culture that promotes the highest ethical standards.2023 Sustainability&Social Impact Report SDG 17-PARTNERSHIPS FOR THE GOALS:An important element of Colgates sustainability strategy is our engagement and collaboration with external partners,which enhance our strong
143、 internal capabilities.Colgate partners with a broad array of organizations,including suppliers,customers,stockholders,research institutions,universities,industry and nonprofits.These partnerships are important to us to help us achieve our ambitions,particularly in the areas of climate,plastic waste
144、,water,no deforestation,oral health and other key areas of sustainability impact.12 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment Sustainability Management In This Section 13 Materiality Approach 13 Stakehol
145、der Engagement 2023 Sustainability&Social Impact Report 13 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment Engaging with our internal and external stakeholders on sustainability matters is important to Colgate
146、 and helps inform our sustainability strategy and approach.In 2019,we conducted a Sustainability Impact Assessment,which helped inform the development of our 2025 Sustainability&Social Impact Strategy.In 2024,we will continue to engage with our stakeholders to,among other things,conduct a double mat
147、eriality assessment pursuant to the European Unions Corporate Sustainability Reporting Directive(CSRD)and develop our sustainability and social impact strategy for beyond 2025.Materiality Assessment The matrix highlights our key sustainability issues,categorized by the impact on our stakeholders and
148、 our business and aligned with the three key ambitions of our 2025 Sustainability&Social Impact Strategy.These issues also intersect with the following GRI Standards and define the content of this report:Economic Performance,Materials,Energy,Water,Emissions,Effluents and Waste,Products and Services,
149、Compliance,Transport,Environmental Health and Safety,Training and Education,Diversity and Equal Opportunity,Local Communities,Public Policy and Service Labeling.Colgate is managing risks and opportunities related to these issues through the implementation of our 2025 Sustainability&Social Impact Str
150、ategy.We also assess and manage our ESG risks through our Enterprise Risk Management process and have identified climate transition and plastic transition as two of the critical risks facing the Company.These risks also provide an opportunity to drive innovation and growth,strengthen brand reputatio
151、n and demonstrate our commitment to responsible business practices.The“materiality”thresholds of the guidelines and disclosure frameworks that help inform the sustainability risks and opportunities disclosed in this report may differ from the concept of “materiality”(as defined by the U.S.federal se
152、curities laws and the U.S.Supreme Court)that guides much of our disclosure of sustainability matters in our SEC filings,including in our Annual Report on Form 10-K.STAKEHOLDER IMPACT BUSINESS IMPACT Stakeholder Engagement Colgate strives to connect with a wide variety of internal and external stakeh
153、olders so they can provide input on our sustainability strategy,particularly in terms of our targets.Below,we outline our key stakeholder groups,with examples of our engagement with each group with respect to sustainability.Stakeholders Method of Engagement Our employees Through frequent internal co
154、mmunications,employee engagement surveys,digital engagement tools such as MindSpark,geographic sustainability teams and internal subject-matter experts.Our consumers Integrated marketing communications(including those addressing“brand purpose”),ongoing consumer dialogue,consumer surveys and social m
155、edia and digital engagement.Our retail customers and partners Ongoing sustainability network groups,sustainability surveys and partnering with customers to encourage sustainable habits with consumers and promote more sustainable products Our stockholders and the investment community Direct engagemen
156、t with a significant and diverse group of our stockholders on topics important to them as well as to our Company.Ongoing participation in investor conferences.Government and regulatory bodies Ongoing monitoring of government and regulatory activity relevant to Colgate,as well as meetings and engagem
157、ent through trade associations and partner NGOs.Non-governmental associations Direct inquiries and feedback on an ongoing basis,virtual and in-person meetings,participation in boards,advisory councils and partnership programs and reporting and disclosure expectations.Industry trade associations Ongo
158、ing participation in sustainability steering and working groups.Local communities and community groups Direct inquiries and feedback,virtual and in-person meetings and engagement with local communities and schools,including through our BSBF oral health education program.Media Direct inquiries and fe
159、edback.2023 Sustainability&Social Impact Report 14 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment Sustainabilty Governance In This Section 15 Board of Directors 16 Business Integrity 2023 Sustainability&Socia
160、l Impact Report 15 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment Sustainability is critically important to our overall business and growth strategy.Our sustainability team is overseen by our Group President,
161、Growth and Strategy,a member of our leadership team who reports to our Chairman of the Board,President and CEO,and led on a day-to-day basis by our Chief Sustainability Officer (CSO),who is responsible for the management and implementation of our 2025 Sustainability&Social Impact Strategy.This team
162、also monitors progress against our sustainability targets,including our science-based targets related to climate change.Within our CSOs team,our Senior Vice President and Fellow,Global Sustainability is responsible for our climate strategy and leads the planning and execution of our Climate Action a
163、nd Net Zero Carbon Transition road map covering Scope 1,2,and 3 greenhouse gas(GHG)emissions.Our CSO also leads our Sustainability Steering Committee,which makes strategic decisions related to sustainability and works to integrate our sustainability and social impact strategy into our broader organi
164、zation and to measure and meet our sustainability targets and KPIs.The Sustainability Steering Committee meets quarterly and is composed of members of senior management.The members of the Sustainability Steering Committee were chosen due to their broad expertise and insight into every function of Co
165、lgates business.The Sustainability Steering Committee has reviewed our climate strategy and is informed of our progress against our sustainability targets,including our science-based near-term,long-term and Net Zero 2040 emissions targets across our operations and supply chain,which were approved by
166、 The Science Based Targets initiative in 2022.Our sustainability efforts span all aspects of our business,including supply chain,research and development and packaging,finance,marketing,innovation,customer development and people development.Networks of senior leaders in each division and local champ
167、ions support on-the-ground sustainability efforts.To integrate sustainability tracking and disclosures into our business strategy,operations and employee review process,our global sustainability initiatives are among the individual objectives used to determine the compensation for many of our senior
168、 managers,including the CSO.In addition,to further emphasize the importance of executing on our sustainability strategy,the Personnel&Organization(P&O)Committee of our Board has included a sustainability component in the strategic measure that has been part of the Companys annual incentive program a
169、pplicable to all executives since 2022.We have a systematic and thorough risk management process,which is designed to identify,assess,prioritize and mitigate the risks that could negatively impact achievement of our strategic and operating objectives.A key component of this process is our Enterprise
170、 Risk Management(ERM)Committee,which is led by our Chairman,President and CEO,and includes our Chief Financial Officer,Chief Legal Officer and Secretary and other members of Colgates senior management.The ERM Committee monitors both current and emerging risks facing our Company and meets at least qu
171、arterly to review the prioritization of identified risks.The Audit Committee of the Board oversees the Companys enterprise risk management process and the implementation of appropriate risk monitoring and management systems.In this capacity,the Audit Committee receives regular updates from members o
172、f the ERM Committee.The ERM Committee has identified climate transition and plastic transition as two of the critical risks facing the Company.Each of the most critical risks identified is assigned to a member of senior management who oversees the management,mitigation and presentation of the risk t
173、o the senior leadership team and our Board.The Group President,Growth and Strategy and the CSO are the risk sponsors for the climate transition and plastic transition risks.We also have a cross-functional ESG Reporting Task Force that,among other things,monitors and works to prepare for existing and
174、 emerging ESG disclosure regulations and frameworks and keeps management abreast of such developments.Board of Directors Our Board of Directors(Board)views sustainability as being critically important to Colgates overall business and growth strategy and our Board plays an essential role in guiding a
175、nd overseeing that strategy.As we work to integrate sustainability into all aspects of our business,our Board addresses sustainability in its oversight of the implementation of Colgates strategic plan,annual budget,capital expenditures,capital structure and innovation plans and is kept abreast about
176、 the Companys sustainability efforts,including as they relate to climate change,during reviews of our operating divisions,product categories and competitive and marketplace trends.2023 Sustainability&Social Impact Report 16 Introduction Sustainability Management Sustainabilty Governance Driving Soci
177、al Impact Helping Millions of Homes Preserving Our Environment Nominating,Governance and Corporate Responsibility Committee Within our Board,the Nominating,Governance and Corporate Responsibility(NGCR)Committee oversees our sustainability program,including our 2025 Sustainability&Social Impact Strat
178、egy,and the P&O Committee has responsibility for overseeing our workplace and human rights practices,including diversity and inclusion and equal opportunity initiatives.The NGCR Committee receives regular updates from management on sustainability matters,risks and opportunities,including our progres
179、s against our science-based climate targets and other action plans to achieve our sustainability targets.The NGCR Committee is scheduled to meet quarterly and a sustainability-related topic,which may include topics directly or indirectly related to climate change,is typically presented and discussed
180、 at each scheduled meeting.Business Integrity As we work to achieve Colgates purpose of reimagining a healthier future for all people,their pets and our planet,Colgate People,working around the world,share a commitment to our corporate values.Underlying these values and our strong culture is the com
181、mitment of all Colgate People to maintain the highest ethical standards and demonstrate ethical leadership,including compliance with Colgate policies and our Code of Conduct.We are committed to maintaining the highest level of trust and integrity,internally and externally,including providing an incl
182、usive environment for our employees.Our Code of Conduct has guided Colgate People for over 30 years with principles that reflect our values and set standards for our ethical behavior.While our values and principles are enduring,our Code of Code is regularly updated to ensure it addresses the changin
183、g context of our business.Our job as Colgate People,no matter where in the world we work,is to make sure our behavior and decisions always live up to our Code of Conduct.Each employee is responsible for complying with our Code of Conduct,our Global Business Practices Guidelines,Company policies and
184、all applicable laws.By fully integrating ethics and integrity in our ongoing business relationships and decision-making,we demonstrate a commitment to a culture that promotes the highest ethical standards.This has enabled us,for over a decade,to be awarded one of The Worlds Most Ethical Companies by
185、 Ethisphere.All our directors and employees worldwide are required to annually certify that they understand and comply with our Code of Conduct.In addition,all of our employees worldwide participate in regular training programs regarding our Code of Conduct,and relevant employees also participate in
186、 additional periodic training programs on other topics such as Anti-Bribery,Data Privacy&Cybersecurity,Trade Compliance&Harassment Prevention as well the applicable laws and regulations that govern our business practices around the world.Our Code of Conduct is available online and has been translate
187、d into forty-two languages.We also have a robust program of continuing education,awareness and engagement campaigns throughout the year to reinforce expectations.All reporting activity provided when Colgate People“Speak Up”is reviewed and,if deemed to be a potential violation of our Code of Conduct
188、or our Global Business Practices Guidelines,the matter is promptly and thoroughly investigated by the Global Ethics&Compliance Organization.We manage our investigation process centrally to ensure independence,thoroughness and consistency across all our global operations.Please visit Colgates Policy
189、Statements for a complete listing of Colgates policies.2023 Sustainability&Social Impact Report 17 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment Driving Social Impact In This Section 18 WE Inspire Our People
190、 to Make a Difference 23 WE Create a More Inclusive World 24 WE Help Children,Their Families and Communities Thrive 2023 Sustainability&Social Impact Report 18 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment W
191、E Inspire Our People to Make a Difference We are committed to ensuring the wellbeing of those we serve,building a culture of inclusivity and creating meaningful opportunities for all people to succeed inside and outside Colgate.Holistic wellbeing is an organizational priority.This is a key component
192、 of our 2025 Sustainability&Social Impact Strategy and an expression of living our Companys purpose as a caring,innovative growth company reimagining a healthier future for all people,their pets and our planet.Employee Development Maximizing Our Human Potential At Colgate,we motivate and enable our
193、people to reach their full potential and perform at their best every day.Our people strategy ensures that 1)our workplace is where everyone feels they belong,2)our organization has the people,capability and agility for the future and 3)our teams have ongoing opportunities to learn and develop.This s
194、trategy includes creating an inclusive work environment built on trust,developing our leaders of the future and promoting a mindset of continuous learning.In 2022,Colgate launched a new leadership framework anchored in three core principles:cultivate trust,create the future and commit to impact.We b
195、elieve these principles serve as a foundation to guide our ongoing transformation by defining the behaviors Colgate People need to model.Colgate People,working around the world,share a commitment to our three corporate values:We are Caring,We are Inclusive and We are Courageous.These evolved values,
196、which were reimagined in 2023,represent who we are and inspire Colgate People to carry Colgate forward into the future.By encouraging Colgate People to be more caring,inclusive and courageous every day,our goal is to create a healthier future for ourselves and others.Underlying these values and our
197、strong culture is the commitment of all Colgate People to maintain the highest ethical standards and demonstrate ethical leadership,including compliance with Colgate policies and our Code of Conduct.Colgate People,working around the world,share a commitment to our three corporate values:WE ARE CARIN
198、G:We are united in making the world a better place.We believe everyone deserves a healthier life.We lead with empathy,respect and gratitude.We act with integrity,doing things the right way,for the right reasons no matter what.We support others by generously sharing our resources and talents.We work
199、every day to earn the trust of all of our stakeholders.WE ARE INCLUSIVE:We create a sense of belonging for all and cultivate an environment where people can be their authentic selves.We foster a culture of belonging where Colgate people feel valued,part of a global team,and empowered to do extraordi
200、nary things.We design the best solutions by embracing the unique talents,perspectives and backgrounds of our diverse workforce.We form the strongest teams and create powerful pathways for our people and communities,to break through everyday barriers to equality of opportunity.WE ARE COURAGEOUS:We dr
201、ive change and get things done.We are infinitely curious,constantly searching for better ways of working.We challenge each other and how we do things,unafraid to disrupt the status quo,boldly and intentionally innovating,exploring and reaching for what is possible.We recognize that to grow and thriv
202、e we must build on the power of our legacy,our scale and reach for good and for all.Attracting Top Talent People are crucial to our ongoing business success,so we aim to recruit,develop and retain strong and diverse talent.A key tool for this is our presence and visibility on social media and search
203、 engine platforms,where potential employees learn about Colgate and find opportunities they seek to pursue.Job openings below the executive level are posted on our internal career site offering our internal talent the opportunity to apply and explore new possibilities within Colgate.In 2023,more tha
204、n two million people visited our career site and we received over 283,000 external applications and more than 4,700 internal applications for open positions globally.Once potential employees engage with us,we can demonstrate that not only do we offer excellent employment,competitive compensation and
205、 advancement opportunities,but also that our diverse backgrounds enable us to respond in an authentic manner to candidates interests and aspirations.We know that the best way for us to connect with our communities is for our employees and leaders to reflect the diverse backgrounds and characteristic
206、s of their neighbors.To achieve this,we focus our efforts on outreach and broad-based recruiting to ensure we have diverse pools of qualified talent for consideration.Our goal is to find the best talent,and expanding our recruiting efforts enables us to find a more diverse array of skills,background
207、s and life experiences.2023 Sustainability&Social Impact Report 19 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment We also have a strong model to develop our internal talent in their existing roles or to get p
208、repared for future roles.That includes career development leveraging functional career pathways and skills frameworks to get a better understanding of what experiences and skills are required to achieve employees career aspirations.Based on these aspirations,strengths and development opportunities,t
209、eam members can work with their managers to identify development goals and actions to focus on.Examples of development actions are engaging and challenging work experiences and leadership development and learning experiences.Promoting a Learning Mindset Our learning strategy has four primary compone
210、nts:fostering a continuous learning environment,upskilling our team,focusing on digital tools and approaches and using data rigorously to measure results.By focusing on these four pillars,our team is equipped to address the challenges of a global customer base,integrate new technologies into their e
211、veryday work and track the results of our efforts,ensuring that we address the most important issues.Building the capabilities of our team so they can perform well in their day-to-day work,drive business objectives and develop personally is a top priority.We do this by offering a portfolio of innova
212、tive and blended learning solutions that address leadership,as well as technical skills that equip employees to succeed in our fast-moving,collaborative and diverse environment.An important element of this system is learning communities where our team can share learnings and collaborate with each ot
213、her on their development.Learning enables us to grow,develop professionally and ultimately achieve our business goals.Measuring Our Progress We regularly measure the impact of our learning efforts.We use broad market-based capability assessments to understand where Colgate needs to build specific sk
214、ills and the impact of our learning programs.We also measure the reach of our target learners.Measurement is ongoing and learning is continuous.We collect data from multiple sources to understand the performance of our learning programs,such as industry benchmarking assessments,tracking of business
215、metrics and KPIs,engagement survey results,individual skill assessments,and program performance metrics (e.g.,Net Promoter Score(NPS),Scrap Learning and Business Improvement Index).The average NPS of all Colgate courses has consistently exceeded the industry average.Focusing on Digital IQ We are emb
216、edding digital capabilities across all functions of the organization.Through Colgates continuous learning program,employees have the opportunity to brush up on digital basics and embrace new skills,from data analytics and digital transformation to workplace culture best practices.The approach to dig
217、ital capability building started with a study that allowed us to understand the stage of digital maturity of Colgate relative to other companies and confirmed areas of our strategy that needed capability development.The upskilling initiative was established in 2021 and included multi-level approache
218、s,from experiential C-suite sessions to hands-on practical boot camps for digital practitioners.The learning continues with access to ongoing curated digital learning content provided through MindSpark by leading digital providers,such as Dot Native and Circus Street.Based on this approach,learners
219、are awarded badges and certificates for lessons attended.This has now become an annual application,with a badge and advanced,externally recognized,certificate awarded for completion.Recognition for Our Efforts In 2023,we continued to be recognized for our training programs.We earned 21 awards,includ
220、ing 12 Gold medals,six Silver medals,and three Bronze medals,from the Brandon Hall Group,which recognizes organizations that have successfully deployed learning programs with measurable results.Building a Coaching Culture Ongoing coaching is a key element of our#evenbetter performance enablement pro
221、cess,focusing on stretching our ambitions and fulfilling our potential.#evenbetter encourages forward-focused conversations and continuous feedback that help make a greater impact and create new possibilities.We continued our partnership with BetterUp,a leading provider of virtual coaching to increa
222、se manager capability in the flow of work with on-demand,diverse,coach-led experiences.Over 1,800 Colgate People have participated in the program,providing personalized leadership training to accelerate their individual effectiveness and development.Not only do the participants experience high-quali
223、ty coaching but they,in many cases,become champion of coaching within Colgate.Ninety-nine percent of participants rated their coaching sessions as a valuable use of their time.2023 Sustainability&Social Impact Report 20 Introduction Sustainability Management Sustainabilty Governance Driving Social I
224、mpact Helping Millions of Homes Preserving Our Environment Leadership Development We have a robust approach to developing talent at all levels of the organization,that is business focused and aligned with our leadership principles and our values.Our ongoing Colgate Leadership Challengefor talented,e
225、arly-in-career employeesprovides participants with exposure to andinteraction with senior management,a greaterunderstanding of and connection to the globalorganization,personal leadership skills trainingand an opportunity to work on an importantstrategic issue for the business.Developed in partnersh
226、ip with the StanfordUniversity Graduate School of Business,theColgate Leadership Program for experiencedleaders focuses on strategic planning,fostering innovation,and leading by example.Global Leadership Program,“Create theFuture,in partnership with the Tuck Schoolof Business at Dartmouth College pr
227、ovides amulti-faceted leadership experience includingglobal market immersions,digitally immersiveexperiences,and coaching to improve the self,the organization and the world.Engaging Employees Ongoing listening is key to making Colgate a place where people can learn,grow and be their authentic selves
228、.Formal surveys are one way we gather feedback.Colgate Connect is our global survey to assess key drivers of employee engagement.We also use shorter pulse surveys to gather more targeted and timely data at various moments of the employee journey at the completion of the recruitment process,during th
229、e onboarding process and when leaving Colgate to improve employee experience.Our 2023 Colgate Connect survey saw our highest participation to date and measured the progress we made on our key priorities,including our values and leadership principles.We learned that our people are more satisfied with
230、 their opportunities for growth and development than they were a year ago and are having valuable coaching conversations with managers.We know that better conversations lead to better performance and we continue to measure our progress on building a coaching culture.Survey results remain strong on i
231、nclusion,including respecting diverse opinions and cultivating a culture of belonging.Our global focus on wellbeing initiatives in 2024 is a direct result of survey feedback and managers are taking action on a local level to elevate the employee experience.Employee Health and Wellness At Colgate,we
232、strive to live our purpose every day to reimagine a healthier future for all people,which includes a focus on the wellbeing of our people.It is central to the benefits we offer,our approach to professional growth,development,reward and recognition and how we are building an inclusive culture where e
233、veryone feels they belong.And Caring specifically promoting holistic wellbeing guides our global Live Better efforts throughout the year.Encouraging Holistic Wellbeing Our perception of wellbeing goes beyond physical health.It is a core component of our workforce strategy and is seen as a key influe
234、nce in achieving business goals.For our people to bring their authentic selves to work each day,we must meet their needs across multiple interdependent dimensions of wellbeing.As an employer,Colgate plays a key role in making that happen by supporting,among other things:Physical wellbeing:providing
235、access tocomprehensive health care,safety programs,nutritious food and physical activityopportunities.Mental wellbeing:supporting a positive senseof self,life/work balance,emotional resilienceand coping skills and access to mental healthcare and counseling.Social wellbeing:fostering social connectio
236、nswith colleagues and maintaining healthyrelationships.Financial wellbeing:providing appropriatecompensation,supporting retirement planningand offering guidance to manage financialchallenges and changes,such as childcare,college expenses,disability,care for agingparents and relocation.All of these p
237、illars are part of our Live Better program,which started more than 12 years ago,and has evolved over time.Since 2020,it has turned its focus toward mental wellbeing as a priority.Mental Health as a Priority Recognizing the significant influence of mental wellbeing on employee productivity,engagement
238、,and retention,Colgate has elevated mental wellbeing as a key priority in our human capital strategy.With that,there was a focus on understanding how employees think their wellbeing is considered in our engagement surveys,as well as how different programs around the world could impact our people.In
239、2023,we established a cross-functional team that developed our global“Mental Wellbeing Principles.”These principles are designed to foster a supportive culture that prioritizes mental health,dismantles stigma,nurtures trust,honors cultural diversity and empowers Colgate People to be their authentic
240、selves at work.Mental wellbeing looks and feels different for everyone,but truly creating a culture of wellbeing at Colgate is one of the most important initiatives we have ever taken on as a company.We encourage all Colgate People to put these principles into practice.2023 Sustainability&Social Imp
241、act Report OUR PRINCIPLES We care for ME-reflect on and embrace the importance of the individual.We care for WE-foster the power of connection where people can trust and rely on others for growth.We create a safe space-promote common ground where people can be their authentic self.21 Introduction Su
242、stainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment We are proud to provide resources and opportunities to help our employees take care of their mental health,from facilitating a strong company culture that empowers colleagues t
243、o connect with each other to offering robust benefits that position mental health as integral to overall health.We have taken a few specific measures to address mental health directly,including:Access for all Colgate People,around theworld,to an Employee Assistance ProgramMental health awareness tra
244、iningFree health,fitness and wellbeing classesOngoing flexibility in work schedulesLive Better Month As part of Colgates DNA,we believe everyone deserves a healthier life.This fundamental belief is reflected in the products we make,the innovative ways we make our world healthier and more sustainable
245、 and through our respectful and empathetic treatment of each other.In 2023,our Live Better campaign had a focus on mental wellbeing,especially the first pillar-WE care for ME,focusing on the power of the individual,including self awareness,recognition of the moment and strategies to re-energize and
246、recharge your mental wellbeing.Our global webinar series on How to Manage Your Energy,garnered participation from over 30 countries in four languages.HIGHLIGHTS Equilibrium Workshop-Brazil 50 Colgate People attended this workshop to learn about how to manage stress and disconnection,with special too
247、ls to support their day-to-day activities.CP South ASEAN Hub We engaged in some heart-to-heart conversations with“Stories of Resilience”where our leaders and colleagues courageously opened up about mental health at work and beyond.Everyone committed and pledged for more self care on our“Mental Welln
248、ess Pledge”wall.Benefits Around the world,we are committed to creating a culture of health and wellbeing,recognizing that the success of our Company is driven by our talented and dedicated employees.Colgate also remains committed to a safe and healthy work environment with a goal of zero harm.We off
249、er a variety of benefit programs to support our employees and their families at every stage of their lives so our employees can bring their full selves to work.While specific program offerings for eligible employees vary by country according to local regulations and practice,typically benefit progra
250、ms include:Medical and Dental Care PlansRetirement and Savings PlansEmployee Assistance ProgramsTuition BenefitsPaid Parental LeaveRecognition Programs Subsidized Child Care BenefitsFinancial Seminars Adoption BenefitsEmployee Resource Groups Hybrid Work ArrangementsEnvironment,Health and Safety Col
251、gates value of Caring is aligned with our Environment,Health and Safety(EHS)Guiding Principles to ensure that we protect the health and safety of all our employees and any individuals who access our sites,minimize our impact on the environment,strive to deliver sustainable product solutions and mini
252、mize global impacts in all operations.Colgate People around the world are committed to maintaining healthy and safe working conditions in our facilities and to keeping our business operations environmentally sound.We continue to maintain a robust EHS Management System and EHS Global Standards.The EH
253、S Management System includes self-assessments and inspection,management of change,training,documentation and EHS leadership expectations.In 2023,we made changes to better align our teams to focus and observe critical work and communicate when gaps are observed.This revision also included the evoluti
254、on of our Minimum Safe Behaviors to Foundational Safety Elements which more closely links with the EHS Human&Organizational Principles platform.We annually evaluate our EHS Management System with a third-party vendor to ensure it is the equivalent of benchmark consensus standards,such as ISO 45001:2
255、018 or ISO 14001:2015.Sites are required to develop appropriate programs to comply with Company standards and applicable regulatory requirements.2023 Sustainability&Social Impact Report 22 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes
256、 Preserving Our Environment We maintain a global EHS Audit Program that is executed by our employees and a third-party provider.Our process includes a full audit that is completed every three to six years,depending on a sites risk profile.Our full audits are predominantly conducted live on-site.We a
257、lso conduct a verification audit in between a sites full audit to assess follow-up action plan closure effectiveness.Verification audits are either conducted live,virtually or a hybrid approach with live and virtual auditors.Our audit frequency is defined based on a sites EHS risk profile to more ef
258、fectively audit sites with greater risk potential at a reduced frequency.Our 2023 safety performance was similar to our 2022 results.Our total recordable rate(TRR)was 0.22(83 recordable incidents versus 78 in 2022),and our lost workday case rate(LWCR)was 0.04,a slight decrease from 2022(0.06).In 202
259、3,we experienced 16 lost workday accidents versus 24 in 2022.We also experienced two incidents that were considered“serious”according to the Colgate Illness,Injury and Event Reporting and Management Standard versus 10 in 2022.Unfortunately,one of the incidents included a fatal accident involving a 4
260、PL transportation personnel at one of our sites.We report serious incidents for employees,temporary workers and contractor incidents that occur on our sites or during the execution of Colgate work.We have put enhanced emphasis on ensuring we have robust controls for high-risk tasks.Colgate leverages
261、 a global digital system to track injury and illness data.The integrated system allows synchronization with modules auditing,compliance calendar,industrial hygiene,inspections and action tracking.Through external benchmarking with our partnership in the National Safety Council Networks and Conferenc
262、e Board Chief EHS Officers Forum,we started measuring a new safety rate indicating methodology prescribed in ASTM 2920-19,a global consensus standard that bases the case severity assessment on the “nature of injury,”and focuses on more serious outcomes as opposed to OSHA criteria,such as restricted
263、work activity and medical treatment beyond first aid.We collected data using this criteria in 2022 and our ASTM Rate was 0.40(30 ATSM incidents).In 2023,our ASTM Rate improved to 0.23(19 ASTM incidents).Our focus is to ensure health and safety fundamentals are clearly established,leveraging ASTM RAT
264、E VS.YEAR 0.40 our strong EHS Management System that includes audit,risk assessment,training,inspections,work observations,documentation and corrective action.In 2023,we delivered a training course on EHS principles related to Human&Organizational Performance(HOP)to over 10,700 manufacturing and war
265、ehouse employees.Our Global Supply Chain also completed over 240 learning team reviews,a HOP process that seeks to understand how work is performed and what contributes to deviations in procedure,process,and/or task execution.To further strengthen our foundational environmental performance,we delive
266、red three global Environmental Boot Camp webcasts during 2023.Courses on dangerous goods,spill prevention and tanks and waste programs were delivered.We conducted a global survey to assess risk from external or underground piping systems.Detailed actions will be executed in 2024 based on site and en
267、vironmental receptor risk.Our ambition for 2025 is to continue to strive for zero harm and drive for zero serious incidents.At Colgate,relevant Colgate executives are involved when there is a serious injury.Sessions on how to proactively prevent critical risks from,among other things,electricity,mac
268、hinery and work at heights,with a focus on establishing the most effective preventive controls,are conducted.Our teams participate in risk assessments to determine if the controls in place are effective to mitigate potentially negative outcomes.HIGHLIGHTS Safety Week is an all-inclusive event to sha
269、re best practices and refresh our commitment to our health and safety culture a key tenet of our EHS Guiding Principles.In 2023,our Safety Week themes focused on Driving to Eliminate Serious Incidents,revolving around striving for zero harm and driving to eliminate serious incidents,which aligns wit
270、h our 2025 strategy.Sites completed specific activities,training and events to support this theme.Key activities included HOP learning teams,machine safety/lockout tagout,working safely with cleaning and sanitization(C&S)processes and topics designed to focus on risk reduction and preventive program
271、s.A hot water and C&S campaign was conducted in the Latin America sites to reduce risks associated with exposure to water in excess of 80C(195F),acute exposure to chemical hazards and inhalation exposure to chemicals.Through the coordinated efforts of the EHS,Quality and Operational teams,this team
272、was able to eliminate hot water and use lower risk chemicals,reduce ergonomic risks and reduce personal protective equipment requirements.The campaign resulted in a 75%reduction of C&S incidents.ASTM RATE(PER 1,000,000 WORK HOURS)0.30 2023 Sustainability&Social Impact Report 0.20 0.10 0 2022 YE 2023
273、 YE ASTM PER YEAR 0.40 23 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment HIGHLIGHTS The North America Supply Chain team conducted a successful autonomous truck shipment testing in partnership with Uber Freigh
274、t and their network of AV partners that are developing and operating the vehicles.While the autonomous trucking industry is still developing,it comes with multiple benefits like increased efficiency,reduced fuel consumption,predictive maintenance,cargo security and safety and environmental benefits.
275、Through a partnership with the National Safety Council Networks Consulting team,we established an important communication campaign focused on key topics.The topics completed in 2023 included:chemical safety,emergency response,fire safety,hot water/C&S safety,forklift-pedestrian safety and safety on
276、the road.Occupational Health Having established Occupational Medical Standards designed to assess medical surveillance requirements for employees potentially exposed to chemical,physical and/or biological agents,we have a 2025 target to reduce tasks that have elevated chemical or noise exposure or e
277、rgonomic exposure.The Occupational Medical Standards work in concert with the Colgate Industrial Hygiene Standards and our sites are required to adhere to all applicable local requirements.Reducing Noise,Dust and Chemical Exposures Colgate strives to reduce noise,dust and chemical exposures at our f
278、acilities.Our goal is to decrease the number of people who must utilize hearing protection or respirators to reduce exposure below the applicable occupational exposure limits.We have included this metric as an element of our 2025 target to strive for zero harm and challenge our teams to enhance prev
279、entive control measures.We maintain a global partnership with Chubb Global Risk Advisors to support us with industrial hygiene sampling and consultation to improve controls when elevated air sampling results are identified.This ambition aligns with our efforts to improve workplace conditions for our
280、 employees globally.Data collected during the assessments is uploaded into a global digital system.WE Create a More Inclusive World One of our core values is We are Inclusive.This defines both who we are and who we want to be as we work together to realize our purpose.Achieving our business results
281、and our purpose requires an inclusive culture that values the differences in background,experience and perspective that a workforce that represents our consumers can bring.This means sustaining a culture where we can be our authentic selves,be treated with respect and have the support of leadership
282、to impact the business in a meaningful way.We succeed when we operate in this way,maintaining open and honest input from each other,our business partners and our customers.Management Accountability At Colgate,diversity,equity and inclusion(DE&I)is not an initiative or set of activities.It provides t
283、he cultural guidelines for how we expect Colgate People to interact with each other every day.It is who we are,not what we do.DE&I starts at the top and is reflected in our purpose and continues through our culture and business strategy.It is defined in our values and embedded throughout our Leaders
284、hip Principles.In our Board and Senior Leadership Team meetings with our Chairman,President and CEO,DE&I is often a featured topic.Discussions may center around inclusion and diversity aspirations,progress toward them,obstacles and solutions to push forward.2023 Sustainability&Social Impact Report G
285、lobal Diversity Though we are a U.S.headquartered company,our perspective on DE&I is global.Our ambition is to assure we are building an inclusive culture for all people,in every geography with a wide range of identity characteristics such as ethnicity,LGBTQIA+status,ability and socioeconomic status
286、.We want all Colgate employees to feel as if their identity characteristics are valued and that they have equal opportunity for impact and advancement.Located around the world,Diversity Leadership Councils(DLCs)help solidify best practices for talent management and leadership into actionable framewo
287、rks that guide our daily activities.Distributing these practices across Colgate,and thus around the world,allows connection with others in the organization and harnesses cultural insights necessary to build empathy and model inclusive behavioral changes.24 Introduction Sustainability Management Sust
288、ainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment By the Numbers At Colgate,we are committed to making progress against the aspirations that we set for ourselves with respect to DE&I.We diligently manage,measure and report key performance metrics on our
289、way to reaching the following aspirational goals:Qualified labor force representation amongwomen across the world at all organizationallevels.Qualified labor force representation of Black/African American,Latin and Asian ethnicgroups in the U.S.at all organizational levels.Achieving inclusion scores
290、 in the top quartileof measured companies.Our approach is to assure we consider the best talent pools so we find and consider all qualified people so that we do not default to our inherent biases.Additionally,our efforts focus on assuring that we have a diverse slate of qualified talent for consider
291、ation.This enables us to assure we are always choosing the best person for an opportunity.In 2023,women represented more than half(54%)of our salaried and clerical employees.We have focused on assuring we consider qualified females for opportunities at the senior leadership level (Senior Vice Presid
292、ents and above).This,among other things,has enabled us to steadily increase the percentage of women at our senior leadership level from 27%in 2018 to 38%in 2023.We are proud of the results of our efforts thus far,and will continue to extend effort to consider the most qualified people for all opport
293、unities.We have surpassed our aspirational goals for Hispanic and Asian employees across the Director and Vice President levels of the organization,and continued to work to increase Black representation at all levels of leadership and throughout the Company in 2023.Across Colgate,respondents to our
294、employee engagement survey widely indicated that they feel that they belong at Colgate,that they can be their authentic selves and that their managers support inclusion in their workplace.Our survey results placed us in the top quartile of measured companies,showing that our culture of inclusion is
295、felt at every level of the company.Supplier Diversity An important part of our 2025 strategy is to enable the success of diverse companies.As part of our efforts to increase the number of our diverse suppliers,in 2023,we continued to perform functional portfolio reviews to recognize opportunities to
296、 collaborate with new diverse suppliers or enhance the capabilities of existing ones.In addition,we expanded our business with virtual diverse supplier forums.These forums provided opportunities for suppliers to explore how Colgate could benefit from their offerings and share our capabilities to imp
297、rove their organizations.Bringing Colgate Together-Employee Resource Groups Employees have been the catalysts for all of our employee resource groups(ERGs),prompting the creation of spaces where they can organize around shared interests.ERGs are formed to create spaces for the exchange of ideas and
298、experiences.We now have almost 60 chapters of our 12 core ERGs worldwide.In 2023,Colgate launched the North America Sustainability Squad,focused on building a culture of sustainability with Colgate employees.Leading up to NYC Climate Week,they hosted a webinar in collaboration with the Black Leaders
299、hip Network,about the intersection of black leadership and environmental and social justice.To learn more about how we are creating a culture that celebrates everyone,please visit our Diversity,Equity&Inclusion website here.WE Help Children,Their Families and Communities Thrive Colgates Bright Smile
300、s,Bright Futures(BSBF)program educates young people on the relationship and importance oforal health and wellbeing and provides education,access to dental services and the products and tools to implement healthy habits.Through meaningful partnerships with retailers,governments and other key stakehol
301、ders,we have reached approximately 1.7 billion children and their families in more than 100 countries around the world since the program was established in 1991.BSBF continues to promote health equity and optimal health and wellbeing by engaging with children and families in the communities where th
302、ey are born,live,work,learn and play.A Bright Future to Smile About Our Program Curriculum The cornerstone of BSBF is our award-winning educational curriculum.Developed with global health and education experts,and ministries of education in some countries,the multicultural 2023 Sustainability&Social
303、 Impact Report 25 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment and inclusive materials illustrate how to maintain a healthy mouth and body and are presented in over 20 languages each year.In several countri
304、es,the program materials are part of the permanent school curriculum.We have actively aligned our BSBF educational materials with health and education standards to extend the reach and impact of our engagement and to contribute to improving both health and educational outcomes for students.We also c
305、ontribute to improving health literacy for both children and their parents,which is a critical aspect for families to make positive everyday decisions throughout the course of their lives.Key initiatives and program components drive our BSBF program:In-School:We partner with local schools,ministries
306、 of health,ministries of education,health professional organizations and teacherassociations to deliver oral health educationand disease prevention.Community Engagement:In some countries,BSBF is mobile.In the U.S.,one component of BSBF includes a fleet of mobile dental units,which travel to rural an
307、d urban communities to provide oral health education,free dental screenings and treatment referrals to children who are underserved.The vans travel to over 1,000 towns and reach more than 20 million children and families in a typical year.BSBF also partners with organizations,such as the Hispanic Fe
308、deration,to expand its engagement and reach with children and their families.The Hispanic Federations community health workers are trained in oral health and deliver oral health education directly to families and at community health events.Integrated Marketing Communications(IMC)/Trade Partners:We l
309、everagecustomer relationships to drive excitementand incremental merchandising supportin participating stores.In the U.S.,our workenhances the consumer experience,increasesconsumers knowledge of the importanceof good oral health and drives strongertrade relationships across multiple retailenvironmen
310、ts during annual tentpole events.Professional Partnerships:We partner withgovernment health and education agencies,non-profit organizations(NPOs)and healthprofessional associations to improve overall health and wellbeing for children and familiesaround the world.For example,in Tanzaniaand the U.S.,w
311、e partner with global nursingassociations and leaders to educate nursesabout good oral health for children and theirfamilies.Nurses then include oral healtheducation as part of the primary care andprevention visit.Digital:Educational resources are providedonline,including downloadable teachersguides
312、,story books,wall posters,family takehome brochures,videos,songs and oral healthgames.Employee Engagement:Our employees areoften involved in deploying BSBF programsaround the world.In 2023,BSBF held aroadshow where BSBF mobile dental vanstraveled to 16 Colgate facilities across the U.S.each stop was
313、 paired with a community visit and Colgate People were invited to volunteer.Employees helped engage local communities by teaching children and their families about oral health and good hygiene.Our Results Each year,we strive to reach over 100 million children and their families around the world.In 2
314、023,the BSBF North America program reached over 50 million children and families with health and education programs focused on the importance of health literacy,good oral health and wellbeing.We are proud of this program that builds shared value for both us and society,enabling us to make a signific
315、ant impact in the communities where we live and work while engaging with consumers to build our brand value and empowering children and families across the globe to achieve healthy and bright futures.In an effort to reach even more people and reinforce the connection between oral health and overall
316、health and wellbeing,the BSBF team turned its attention to the frontline of preventive care nurses.These professionals are crucial to truly integrating oral health into primary care,especially in places where children have access to nurses but not dental providers.This is why,in 2023,we partnered wi
317、th the following organizations to champion oral health and wellbeing.BSBF partnered with C3 Collaborating for Health(C3),a global non-profit focused on countering the chronic non-communicable disease(NCD)epidemic,at the International Council of Nurses Congress in Montreal,Canada,to convene nursing l
318、eaders to mitigate the burden of NCDs through an oral health lens.In Kenya and Tanzania,we worked with theMinistries of Health to educate almost 1,500 nursesin a half-day event.Since 2022,these nurses havereached more than 1.5 million mothers in Kenyaand 1.3 million mothers in Tanzania,teaching them
319、about the importance of good oral health for theirchildren and families.In the U.S.,BSBF partnered with the Sigma Theta Tau International Honor Society for Nursing,the second largest nursing body in the world.Sigma has trained nurses to be“Oral Health Equity Leaders,”delivering oral health education
320、 to underserved children and families.In addition,Colgate was the first oral care brand to host a booth at the International Council of Nurses Congress annual meeting.2023 Sustainability&Social Impact Report 26 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Hel
321、ping Millions of Homes Preserving Our Environment Brighter Smiles Around the World In the Dominican Republic,during NationalBrushing Day,BSBF joined forces with key allies,the Dental Department of the National Health Service,the National Institute for Early Childhood Care and Colgate People,to condu
322、ct simultaneous activities nationwide,bringing oral health education to more than 100,000 children.Children enjoyed educational activities and programs to promote oral care habits.In 2023,we had the privilege of partnering with the Hispanic Federation to conduct an oralhealth training program for co
323、mmunity health workers.This interactive and bilingual trainingsession lasted for two hours.To date,we have successfully trained 16 community healthworkers from diverse locations such as New York,Miami,Chicago and Dallas.In 2023,thesetrained community health workers delivered oral health and wellbein
324、g messages to over3,200 families,ensuring that the information is accessible in their native language.BSBF in the Philippines has made significantstrides since its inception in 2005,reachingover 40 million Filipino children from publicelementary schools and communities.In2023,BSBF reached 16 out of
325、17 regions in thePhilippines,reaching approximately 37,000public elementary schools,catering to around2.4 million children aged 6 years old.This program was supported by more than 600 public school dentists,1,000 dentists from the Philippines Dental Association and 5,000teaching professionals.Health
326、 Equity and the United Nations+Sustainable Development Goals(SDGs)We believe that everyone should have a fair and just opportunity to achieve optimal health and wellbeing.However,it is widely understood that children and families who are underserved bear the burden of oral diseases and poor oral hea
327、lth outcomes.BSBF is working to promote policies,systems and overall community conditions that enable optimal health for all and seek to partner with NGOs and foundations to remove systemic barriers that have resulted in health inequities.The work of BSBF is anchored in the UN Sustainable Developmen
328、t Goals(SDGs).Our partnerships with governments,NGOs,academia and health professions allow us to be at the table to dig deeper to understand the root causes of the problems within the context of our work.Partnerships An important element of our 2025 Sustainability&Social Impact Strategy is our engag
329、ement and collaboration with external partners,which complement our strong internal capabilities.These strategic partnerships,in addition to the strategic partners listed in sections above,are important to us to help us achieve our ambition to improve childrens oral health and wellbeing.Here are jus
330、t some of Colgates partners:ADA FoundationAmerican Dental AssociationBlack Womens Health ImperativeFDI World Dental FederationHispanic FederationNational Dental AssociationSave the ChildrenThe Links,IncorporatedThe National Council of Negro Women,Inc.Sigma Theta Tau International Honor Society for N
331、ursing2023 Sustainability&Social Impact Report 27 Introduction Sustainability Management Sustainabilty Governance Driving Social Impact Helping Millions of Homes Preserving Our Environment Community Engagement and Giving and Giving Taking values-based actions to support,advance and improve the commu
332、nities where we live,work and market our products is essential to fulfilling our purpose to reimagine a healthier future for all people,their pets and our planet.We provide financial and in-kind donations to nonprofit organizations around the world,and our people contribute their time and talent thr
333、ough Colgate-sponsored volunteer activities.2023 Community Giving:$54 Million*Colgates charitable focus areas include:Championing healthy smiles and healthy skinCreating educational pathways for diverseand underrepresented students and Colgateprofessions(dentistry,dermatology and skincare and veterinary science)Providing Food,Shelter&Love for petseverywherePromoting environmental stewardship*Inclu