Colgate-Palmolive commits to 100% recyclability of plastic packaging by 2025
ESM - May 24th 2018, 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
Five smart ways to shift excess stock
16/01/2019 - 08:49
Surplus stock is one challenge that every retailer wants to turn into an opportunity.
SPAR receives global recognition for plastic initiative
14/12/2018 - 09:27
SPAR Eastern Cape achieved global recognition for their commitment to reducing plastic pollution when they received an award at the SPAR International Conference last month.
Farm and factory gate inflation slows slightly
14/12/2018 - 09:00
Falling fruit and vegetable prices helped slow producer inflation in November.
5 Retail trends and predictions for 2019
13/12/2018 - 14:01
2019 is here, and if you’re in retail, you’re likely wondering what the next 12 months will bring.
Annual manufacturing growth in October beats expectations
11/12/2018 - 20:21
Production from SA’s factories was boosted considerably in October compared with the same month in 2017, Statistics SA reported.