We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Climate Lobbying Overview: Colgate-Palmolive (Colgate) appears to have very low engagement with climate change policy. While the company has issued top-line support for climate action through joint public statements, InfluenceMap found limited evidence and disclosure of the company's recent climate policy positions and engagement.
Top-line Messaging on Climate Policy: Colgate has fully accepted the science of climate change, per a corporate blog post published in April 2022. In May 2020, the company signed a joint letter urging world leaders to pursue a net-zero recovery from COVID-19 in line with a 1.5°C target, as outlined by the IPCC. In recent years, Colgate does not appear to have commented on the general need for climate policy or the Paris Agreement.
Engagement with Climate-Related Regulations: Colgate appears to lobby on a limited number of specific climate policies. The company has set its own internal GHG targets, but has not disclosed a position on legislative targets on its corporate website, accessed in August 2022. The company does not appear to disclose its positions toward, or engagement with, various strands of climate policy on its corporate website as of August 2022. Similarly, the company does not disclose any climate policy positions in its 2021 CDP Disclosure.
Positioning on Energy Transition: . In a Science-Based Targets Initiative statement published in July 2020, Colgate appeared to support the transition to zero-emission economy. Beyond this, InfluenceMap did not find evidence of Colgate’s position on, or engagement with, policy related to the transition of the energy mix.
Industry Association Governance: Colgate does not discloses memberships to any industry associations on its website as of August 2022 and discloses two associations without specific policy details in its 2021 CDP response, neither of which are currently assessed by InfluenceMap. InfluenceMap did not find evidence of membership with additional organizations actively engaged on climate change. Colgate has not published a review of its alignment with its industry associations.
InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q4 2022.