Primary Climate Goal
Colgate-Palmolive's target annual Scope 1 + 2 emissions for 2025 should be equal to 349 Kt = 30% * 498 Kt, according to the company's stated climate goal.
In order to achieve this goal, Colgate-Palmolive would need to reduce its emissions at least by -19 Kt per annum over the period from 2021 to 2025:
-19 Kt = ( 349 Kt - 442 Kt ) / (2025 - 2020)
This translates into a -4.2% reduction in 2021.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Colgate-Palmolive aims to reduce Scope 1 + 2 by 30% by 2025 from a base year 2018
Science Based Targets initiative
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Colgate-Palmolive reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 442 Kt (-39 /-8.1% y-o-y). Also positively, carbon intensity plunged to 27 t (-3.9 /-12.7% y-o-y).
Colgate-Palmolive's Scope 3 emissions was down at 41,966 Kt (
The company is committed to reducing Scope 1 + 2 by 30% by 2025 from a base year 2018, which translates into the estimated reduction of -19 Kt per annum over the period of FY2021 - FY2025. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.