ESG Report

ACCOUNTABLE. SUSTAINABLE. IMPACTFUL.

Dear Stakeholders,

At Colgate-Palmolive, we firmly believe that our success is intertwined with the well-being of our planet and society. We humbly present the Environmental, Social, and Governance (ESG) report for Colgate-Palmolive (India),

We are implementing efficient waste management practices, optimizing material flows, and exploring recycling and upcycling opportunities. By creating closed loops, we aim to minimize waste generation and ensure valuable materials are kept in circulation for as long as possible.

highlighting our commitment to sustainability, responsible practices, and ethical governance. We continued to align our business practices with sustainable principles, focusing on - Environmental Stewardship, Social Impact, and Governance Excellence.

As part of our efforts to inspire trust and transparency, this is the second year of publishing our Environmental, Social and Governance (ESG) Report. In the following section, we share our progress and achievements in these crucial areas over the past year.

Environmental Stewardship

We recognize the urgent need to address climate change and its impact on our planet. With this in mind, we have intensified our efforts to reduce our carbon footprint and promote resource conservation. Through various initiatives, we have reduced greenhouse gas emissions, optimised water consumption, and implemented renewable energy solutions across our operations and supply chain. These actions are not only vital for our business but also contribute to preserving the environment for future generations.

We believe in the importance of responsible waste management. We emphasise waste segregation at the source as an important step towards enhancing recycling and reuse rates. Additionally, we have taken substantial steps to minimize waste generation and promote recycling, striving towards a circular economy.

Circularity represents a transformative shift in the way we approach resource utilisation, waste management, and product lifecycles. It is about designing out waste and pollution, keeping materials in use for longer, and regenerating natural systems. By embracing circular principles, we are committed to minimizing our environmental footprint while maximising the positive social impact we can create.

We have embarked on a comprehensive journey towards circularity and here are a few notable initiatives.

Sustainable Packaging Solutions: Packaging plays a crucial role and our focus is on developing sustainable packaging options that minimize waste and maximise recyclability. We are investing in research and development to find innovative materials, optimize packaging design, and increase the use of recycled and renewable content. By prioritizing eco-friendly packaging solutions, we aim to reduce our reliance on virgin resources and contribute to a circular value chain.

Waste Management: We are implementing efficient waste management practices, optimizing material flows, and exploring recycling and upcycling opportunities. By creating closed loops, we aim to minimize waste generation and ensure valuable materials are kept in circulation for as long as possible.

Collaboration for Impact: We actively seek collaboration opportunities with suppliers and other stakeholders to drive systemic change across the value chain. By working together, we can accelerate the transition to a circular economy, foster innovation, and scale up sustainable practices.

Consumer Engagement: We believe that informed consumers are powerful catalysts for change. We are committed to engaging and educating our consumers about the importance of circularity, sustainable consumption, and responsible product disposal. By educating consumers, we can create a ripple effect that drives demand for circular products and practices.

Social Impact

Our commitment to society goes beyond our products and we understand that the strength of our organisation lies in the well-being of our people and the communities in which we operate. We remain steadfast in our commitment to prioritise diversity, equity, and inclusion within our workforce, fostering an environment where every employee feels valued and respected. Additionally, our efforts in Oral Healthcare, Water Conservation & Augmentation and Community Development efforts have touched the lives of millions. Through our flagship programs, we have empowered individuals, particularly women and children, to lead healthier and more prosperous lives.

Governance Excellence

Strong governance is the cornerstone of our business. We maintain the highest standards of transparency, integrity, and accountability across all our operations. Our Board of Directors actively oversees our ESG initiatives, ensuring that we align with global best practices and regulatory requirements. We believe in nurturing a culture of ethical conduct, risk management, and responsible decision making, which enables us to build trust and safeguard the interests of our shareholders.

Looking ahead, we recognize that there is still much work to be done. We remain committed to setting ambitious goals and implementing innovative solutions to address pressing sustainability challenges. We will continue to collaborate with our partners, industry peers, and stakeholders to drive positive change. This is a responsibility that we embrace at Colgate.

On behalf of the entire Colgate-Palmolive (India) family, I extend gratitude to our Shareholders, Consumers, Employees and, Business Partners, for their active participation in our sustainability agenda. Together, we will create a brighter and more sustainable tomorrow.

Warm Regards,

Shilpashree Muniswamappa

Director - ESG & Communications Colgate-Palmolive (India) Limited

Top ESG highlights

80%

less plastic waste generated from KEEP* toothbrush that has a reusable metal handle

80%

recyclable packaging** used for our products, at all 4 CPIL plants

TRUE®

certification for zero waste for all 4 CPIL plants

awarded to Sanand plant for energy efficiency

Water positive

Goa and Sri City plants

100%

manufacturing facilities underwent human rights assessment

Pioneered

Recyclable

toothpaste tubes while increasing product portfolio to – Active Salt, Visible White O2, PerioGard, Ved Shakti

~ 120%

Plastic neutrality***

171 million

school children reached through BSBF programme since its inception

20,000

women trained in digital and financial literacy

Best Workplaces for Women

by the Economic Times

Zero

fatalities

Zero

incidents of child labour, forced labour and freedom of association

350 million +

liters of water replenished through relevant programs

* compared to similarly-sized Colgate Toothbrushes
**Primary and Secondary Packaging
***equivalent of plastic waste is recovered and removed from the environment