Colgate-Palmolive(CL)2025-02-13 21:04Sales Performance - In 2024, Oral, Personal, and Home Care products accounted for 43%, 18%, and 17% of total worldwide net sales, respectively[15]. - Pet Nutrition products represented 22% of total worldwide net sales in 2024[16]. - Sales to Walmart, Inc. and its affiliates constituted approximately 11% of total net sales in 2024[19]. Employee and Operational Statistics - As of December 31, 2024, approximately 34,000 employees were based in over 100 countries, with 80% located outside the U.S.[28]. Sustainability Initiatives - By the end of 2024, approximately 75% of toothpaste SKUs globally and 95% in North America had transitioned to recyclable tubes[37]. - The company aims to achieve 100% renewable electricity by 2030 as part of its Net Zero 2040 emissions targets[38]. - As of December 31, 2024, 44 sites across six continents achieved TRUE certification for zero waste[39]. - The company has signed long-term virtual power purchase agreements in the U.S. and Europe to support renewable energy goals[38]. - The company is committed to reducing new (virgin) plastic by one-third compared to 2019 levels[37]. Community Engagement - Since 1991, the Colgate Bright Smiles, Bright Futures initiative has reached approximately 1.8 billion children and families with oral health education[40]. Executive Leadership - The executive officers include Noel Wallace as Chairman and CEO, and Stanley J. Sutula III as CFO, who joined in 2020 from Pitney Bowes Inc.[44][45]. - There are no family relationships among the executive officers, and their election was not influenced by any arrangements or understandings with other individuals[46]. Risk Management - The company manages various market risks, including foreign currency, interest rate, commodity price, and credit risk exposure[299]. Transparency and Compliance - The company provides free access to its Annual Reports, Quarterly Reports, and other filings on its website, ensuring transparency and compliance with SEC regulations[47].