Waste is a two-sided problem in the consumer goods industry. Some products are disposed of for multiple reasons; on the other side, the waste is generated through packaging. There has been an increasing amount of single-use plastic and waste produced by consumer goods companies.
Companies need to be more mindful of the waste generated throughout their value chain. Companies like Procter & Gamble and Dabur India recently announced that they have achieved 'plastic waste neutrality’ by recycling a big chunk of their post-consumer plastic packaging waste. Companies have been under pressure to manage waste to be environmentally sustainable and increase consumer awareness. Being responsible for the environment helps companies attract new customers as consumers prefer to do business with companies that share their values.
Colgate-Palmolive Co (Colgate-Palmolive) manufactures and sells oral care, personal care, home care, and pet nutrition products. Its product portfolio includes toothpaste, toothbrushes, deodorants, shampoos, conditioners, dishwashing detergents, household cleaners, shower gels, mouthwashes, bar and liquid soaps, laundry products, and pet nutrition products for cats and dogs.
The total waste generated by Colgate-Palmolive in 2021 was 173 thousand tonnes, an increase of 18% over 2020. In 2021, 2% of the total waste generated by the company was hazardous. The oral care company recycled 33% of the total waste. Colgate-Palmolive disposed of 9 thousand of tonnes of waste at the landfill during the same year.
Colgate-Palmolive has set a target to achieve 100% zero waste operations by 2025. The company is working on high-efficiency, low-impact, zero-waste facilities.
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