By Michael Dabaie

Colgate-Palmolive reduced its absolute greenhouse gas emissions by about 37.5% from 2002 to 2020 and its water use per ton of production by 52%, the company said Thursday.

Colgate said it has set a goal to achieve net zero carbon in its operations by 2040 and 100% renewable electricity for its global operations by 2030.

The company said it is also working to eliminate plastic waste. As of 2020, 83% of Colgate's packaging by weight was recyclable, the company said.

Colgate-Palmolive said it released 2020 Sustainability & Social Impact Report, which shows that 99% of new products launched in 2020 had improved sustainability profiles.

Colgate said it met or exceeded its energy, greenhouse-gas emission, water and waste-reduction goals.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

06-03-21 1028ET