CONTENTS LETTER FROM NOEL WALLACE LETTER FROM ANN TRACY 2025 SUSTAINABILITY STRATEGY SUSTAINABILITY HIGHLIGHTS SUSTAINABILITY MANAGEMENT SUSTAINABILITY GOVERNANCE DRIVING SOCIAL IMPACT HELPING MILLIONS OF HOMES PRESERVING OUR ENVIRONMENT Governance Colgate’s CSO chairs our Sustainability Steering Committee, which makes strategic decisions related to sustainability, monitors climate-related issues and works to integrate our sustainability strategy, including climate change, into our broader organization and meet our sustainability targets and KPIs. For more information regarding how sustainability is governed from a Board and management perspective, please see Sustainability Governance . Transparency and Disclosures Transparency is important to us and to our stakeholders, as it provides accountability and trust. In this report, we provide climate-related information relevant to a broad range of stakeholders. As discussed above, Colgate formed an ESG Reporting Task Force in 2021 to address our stakeholders’ increasing demands for additional ESG and climate-related disclosure. More information is available on our climate governance, strategy, risk management, metrics and targets in our CDP surve ys, TCFD report, SASB report and our KPI table. Partnering for Climate Leadership We understand that addressing climate change cannot be done by a single entity and will require collaborative action across the board. This makes our engagement and collaboration with external partners an important element of our sustainability strategy, and through these partnerships we can complement our strong internal capabilities to create a healthier planet. W e are working with partners and organizations to accelerate action on climate change, eliminate waste, lead with zero waste facili ties and drive sustainable sourcing. Colgate is proud to contribute to and learn from the collective intelligence of our partners in sustainability: These include: • U SEPA Green Power Partnership • World Resources Institute • USEPA ENERGY STAR Award 2021: Partner of the Year, Sustained Exc ellence • The Consumer Goods Forum • Dow Jones Sustainability Indices • UN Global Compact • U.S. Green Building Council • CDP In 2021, Colgate continued to work with Walmart’s Project Gigaton to support their goal to work with their suppliers to reduce one b illion metric tons of GHG emissions from the global value chain by 2030. Through Project Gigaton, Colgate has committed to GHG goals in six areas: emissions, energy, waste, deforestation, packaging and product use. Colgate reports against these goals annually and has been recognized by Walmart as a “Giga-Guru supplier.” A ll of these organizati ons are helping Colgate to accelerate climate action on a global scale. PAGE 69 2021 SUSTAINABILITY AND SOCIAL IMPACT REPORT
Colgate-Palmolive Sustainability and Social Impact Report Page 69 Page 71