Colgate-Palmolive commits to 100% recyclability of plastic packaging by 2025
ESM - May 24th, 16:28
Colgate-Palmolive Company has committed to 100% recyclability of plastics in packaging across all its product categories by 2025.
The company also revealed that it has made significant strides into its 2020 sustainability goals, which it made last year, and has already achieved 98% PVC-free packaging.
As per one of its 2020 pledges, Colgate has reduced its water use per ton of production by nearly 47% against 2002. It runs an advertisement campaign ‘Save Water’ which employs consumers to "Turn Off the Tap When Brushing”.
It expects to achieve its goal of 100% sustainable palm oil later this year and has already surpassed its greenhouse emissions from its manufacturing process, reducing it by 25% against 2002.
Ian Cook, Colgate's Chairman, President and Chief Executive Officer, said, "With the help of Colgate People and our suppliers and partners, we are making good progress against our 2020 goals."
“However, our sustainability journey is on-going and as we achieve some of our goals, we are assessing new areas for focus and new targets to strive for so that we can continue building a future to smile about."
Colgate recently announced that its quarterly sales just met analysts' estimates as demand in emerging markets, including Latin America, was below its expectations, sending its shares down 3% in premarket trading.ESM
Wholesale trade sales shrank in real terms in June compared to 2017
17/08/2018 - 09:56
Wholesale trade sales shrank in real, inflation-adjusted terms in June compared with a year earlier and eked out a 0.1% gain for the quarter.
AB InBev launches accelerator to help fund sustainability start-ups
16/08/2018 - 09:36
AB InBev has launched a new green innovation accelerator as it aims to tackle some of the most pressing sustainability issues.
Rob Davies aids embattled sugar industry with higher import duty
15/08/2018 - 10:49
Trade & industry minister Rob Davies has come to the aid of the embattled sugar industry, approving an increase in import duties on sugar.
Mondi to cash in on eco-friendly alternatives
14/08/2018 - 14:08
Over the past decade, Mondi’s strategic focus has been on building capacity, driving efficiency and making well-executed acquisitions. The strategy is paying off for the €7.5bn annual revenue paper packaging group.
Insights into the global poppy seed market
13/08/2018 - 11:49
The global consumption of poppy seed increased over the previous year.