Annual & ESG Report 2025-2026

Annual & ESG Report

2025-2026

We Make India Smile

Scientifically. Sustainably. Together.

(India) Limited

We Make India Smile

By providing superior oral care

Our products are designed not just to clean, but to protect, strengthen, and support healthier smiles across every age.

By making in India

Our products are manufactured in advanced facilities across states, supported by continuous investment in R&D to evolve our product range with India's aspirations.

By accelerating Science-Led Innovation

We leverage consumer-first insights and science-based innovation models to continuously refine our products. Powered by global and domestic expertise, we deliver superior oral care solutions.

By making quality oral care affordable and accessible

Through a wide range of products available at various price points and across cities, towns, villages, and

E-commerce platforms, we ensure that quality oral care is physically and economically accessible to all.

By extending care beyond business

Through our education scholarships, community programmes, and women's empowerment initiatives, we help build stronger, more confident communities across India.

By earning trust where it matters most

As the brand of first choice for more than half of India, our products inspire confidence across generations and professionals alike.

By providing jobs and income opportunities

Beyond our factories and offices, millions of livelihoods are supported through our value chain, strong linkages to local partners, and last-mile retail network.

By shaping good habits early in life

Through Colgate Bright Smiles, Bright Futures®, we reach over a billion children and their families, helping turn a daily act into a lifelong practice of health.

By nurturing nature

Our sustainability performance in domains like water, waste, and emissions puts a smile even on the face of Mother Earth.

And while we spread smiles across homes, markets, clinics, and communities, what makes us smile is the trust India has placed in us for over 90 years.

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‌Contents

Corporate Overview

Sustainability

and Us

Statutory Reports

Financial Statements

Corporate Overview

Message from the MD & CEO 02

About the Report 05

Company Overview 06

The Colgate Oral Health Movement 32

Sustainability and Us

Message from the ESG Lead Sustainability & Social Impact Accountability in Action Science-backed Products Environmental Stewardship Sustainable Sourcing Empower to Excel Empowered Communities

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Statutory Reports

Notice

Report of the Directors

• Corporate Governance Report

• Management Discussion and Analysis

• Annual CSR Report

• Conservation of Energy, Technology Absorption and Foreign Exchange Earnings & Outgo

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  CORPORATE OVERVIEW

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  	268
  Financial Statements
  Independent Auditor's Report	310
  Financial Statements	322
  Click to access the digital version: https://www.colgateinvestors.co.in/annual-report
  Stay Connected

  • Particulars of Employees

  • Secretarial Audit Report

  • Business Responsibility and Sustainability Report and Independent Assurance Statement

  
  
  
  
  

  ‌(India) Limited

  Annual & ESG Report

  2025-2026

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  Sustainability

  Corporate Overview

  and Us

  Statutory Reports

  Financial Statements

  
  
  
  
  
  
  

  03

  Dear Stakeholder Family,

  
  
  

  India smiled brighter this year, and I am deeply proud that Colgate-Palmolive was the

  force behind many of those stories.

  MESSAGE FROM THE MD & CEO

  In FY 2025-26, we remained focused on our long-term goals, working to evolve oral care from a repetitive morning chore into a cornerstone of national health and systemic well-being.

  CREDIT: Photograph by Narendra Bisht, Fortune India

  Democratizing Access: Turning Awareness into Active Intervention

  In the previous year, we transitioned from building awareness to driving mass-scale action through the Colgate Oral Health Movement (OHM). By democratizing dental screening via mobile technology, we empowered over 4.5 million Indians across 700 districts to take charge of their oral health. Crucially, this went beyond digital engagement; one-sixth* of those screened proactively visited a dentist. This reflects a positive shift in the Indian psyche, moving from passive awareness to proactive care.

  This mission was further validated by the Hon'ble Union Minister of Health and Family Welfare,

  Shri JP Nadda, who recognized

  Colgate as a pivotal partner in making oral care a national priority. We see a massive opportunity here: transitioning a nation that simply uses toothpaste into a nation that prioritizes oral health as the gateway to overall wellness.

  Resilient Growth in a Dynamic Landscape

  FY 2025-26 was not a year without its challenges. Persistent headwinds, shifting consumer preferences, rural-urban dynamics, geopolitical uncertainties, and macroeconomic pressures tested us at every turn. Our teams rose to meet each one. We succeeded by doubling down on three strategic pillars: leading category growth through science-backed superiority, maintaining uncompromising cost discipline, and driving micro-distribution agility.

  While we navigated market volatility in the first half, our business stabilized in the latter half of the year, driven by early positive signs in our core portfolio and improved momentum across both urban and rural trade channels. Our fundamentals remained strong and we closed the year with 9% topline growth in Q4.

  These healthy margins, supported by our 'Funding-the-Growth' program, allowed us to increase advertising investments by 10%, fueling innovation, strengthening brand health, and expanding household penetration. With an improving demand environment and our intense focus on superior, on-the-ground execution, we expect this momentum to accelerate as we move forward.

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  Corporate Overview

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  Leading the Shift: Performance, Beauty, and Science

  Innovation at Colgate is about making oral care practical and delivering on its promise. By onboarding Rahul Dravid, popularly

  remains an essential constant for every Indian consumer, across every touchpoint. We are not only keeping up with changing shopping habits; we are also shaping them.

  Empowered to Excel:

  factory energy from renewables and continue to maintain 100% plastic neutrality. Across all our owned sites, we achieved a Zero Lost Time Accident (LTA) rate and Zero Days Away From Work (DAFW) rate, underscoring our focus on employee safety.

  About the Report

  This Annual & Sustainability Report serves as our principal communication to stakeholders, detailing Colgate-Palmolive (India)'s progress for the year ended March 31, 2026. It outlines our approach to value

  creation, material priorities, and stakeholder engagement, guided by our sustainability and strategic framework.

  known as 'The Wall', for Colgate Total, we are reframing peak oral health as the 'hidden edge' in performance, positioning it as a disciplined ritual that is as vital to stamina and recovery as nutrition or sleep. This narrative is further institutionalized through our partnership with Mumbai Indians and the introduction of the PLOT (Performance Linked Oral Test).

  We are also expanding into high-science adjacencies with Visible White Purple Serum, catering to the modern consumer who views their smile as an essential beauty regimen. Simultaneously, we reinforced our core by relaunching Colgate Strong Teeth with an upgraded flavour, ensuring our scientific edge remains accessible to the masses. Our new launches, from Colgate Total Plaque and Colgate Kids Squeeze to the expansion of Palmolive with a new range, reflect our commitment to delivering perceivable, science-backed superiority.

  Omni-Channel Momentum: Delivering Excellence Everywhere

  Our strong double-digit growth in E-Commerce and competitive excellence in Quick Commerce are powered by a best-in-class tech and a team whose resilience is unmatched. By combining sharpened execution with digital precision, we ensure Colgate

  Our People & Culture

  Our commitment to an inclusive culture is delivering measurable results. We have surpassed our 2025 gender diversity goals, with women now representing over 25% of our management. We are breaking barriers where they are toughest; nearly doubling the representation of women in our field sales force to 17% through targeted interventions.

  Through Colgate Bright Smiles, Bright Futures®, we reached over 11 million children, across 35,000 schools this year. We are encouraging healthy habits from an early age. This effort is bolstered by our Public-Private Partnerships (PPPs) in states like Uttar Pradesh, Bihar, Assam, Keralam, Haryana and Maharashtra, and our collaboration with the Trained Nurses Association of India, bringing oral health awareness to the most trusted frontline healthcare providers in rural India. We are grateful to all our partners in this exceedingly important journey of improving

  the oral health of every Indian.

  Progress with Purpose:

  A Sustainable Future

  Our growth is inseparable from our responsibility. This year, we hit a major milestone by introducing over 2 billion recyclable tubes.

  We now source 50.38% of our

  Charting Our Course Ahead

  As we move towards 2030, our approach is to strengthen our leadership while improving our operational efficiency. We are focused on reaching more households in rural markets and continuing to introduce science-led innovations in urban areas.

  Digital agility remains a key part of our strategy. We are using Data Analytics and Artificial Intelligence to improve our value chain, from forecasting to consumer engagement. By refining our presence across traditional and digital retail, we aim to be available whenever our consumers need us.

  We remain committed to operational excellence and simplifying our processes to reinvest in our brands and our people. Our goal is to drive sustainable growth while contributing to a healthier future for all our stakeholders.

  India is a country of a billion smiles; diverse, vibrant, and full of possibility. We approach the opportunities ahead with energy, humility, and absolute confidence.

  Best Wishes,

  Prabha Narasimhan

  Managing Director and Chief Executive Officer

  Scope and Boundary

  In this report, Colgate-Palmolive (India) Limited is referred to as 'we,' 'our,' 'us,' 'CPIL,' 'Colgate-Palmolive (India),' or the 'Company.' It includes performance insights from all four of our manufacturing facilities along with our corporate headquarters in Mumbai. While this report focuses on our operations in India, our parent company Colgate-Palmolive Company (CPC), headquartered

  in New York, USA, has a global presence with products reaching more than 200 countries and territories.

  Reporting Standards and Frameworks

  This Annual & Sustainability Report FY 2025-26 complies with/reports on/references the following:

• Business Responsibility and Sustainability Reporting (BRSR) based on the National Guidelines for Responsible Business Conduct (NGRBC)

• The Companies Act, 2013

• Indian Accounting Standards

• The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

• The Secretarial Standards on Board and General Meetings

The Sustainability & Social Impact section of this report has been prepared in accordance with the GRI (Global Reporting Initiative)

Standards 2021 and further references the United Nations Sustainable Development Goals (SDGs).

Forward-Looking Statement

All statements in this report that are not historical, may contain forward-looking statements, including words, phrases, and numbers that set forth targets for and projections for future results, the expected achievement and effect of our sustainability strategy and initiatives, and the amounts and timing of their expected impact based on management's current plans and assumptions. Forward-looking statements generally can be identified by words such as "believes," "expects," "estimates," "intends," "plans," "strives," "may,"

"could," "projects," "should," "will," "continue," "targets," "goals" and other similar expressions, and are based on the Company's views and assumptions as of the date they were made. The Company does not, nor does any other person, assume responsibility for the accuracy and completeness of those statements.

The Company cautions investors that any such forward-looking statements are not guarantees of future performance and that actual events or results may differ materially from those statements because of factors

that affect international businesses and global economic conditions, as well as matters specific to the Company and the markets it serves.

The Company, based on any of the above factors, is free to modify, amend, alter or take necessary corrective changes in such manner that the forward-looking statements contained herein may alter and the Company undertakes no obligation to update these statements whether as a result of new information, future events or otherwise, except as required by law or by the rules and regulations.

Feedback

We remain deeply committed to engaging with our stakeholders and value your thoughts on this report. For any comments, suggestions, or clarifications, please reach out to us at cpilagm@colpal.com.

Reporting Cycle

The financial information presented in this report pertains to the period from April 01, 2025 to March 31, 2026. Unless specified, the 2030 Sustainability & Social Impact Strategy and related targets are based on the calendar year, ending December 31, 2026.

GRI 2-1, GRI 2-2, GRI 2-3

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Corporate Overview

Sustainability

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Statutory Reports

Financial Statements

COMPANY OVERVIEW

We fo low a

'Many Indias' approach -adapting our products, communication, and strategies to diverse needs across regions, cultures, and income segments.

Over time, we have evolved beyond a toothpaste brand into a catalyst for systemic change driving oral health awareness, enabling community well-being, advancing responsible environmental practices, and fostering an inclusive workplace to make sure that every Indian has more reasons to smile, every day.

We continue to invest in, and remain invested in, the long-term well-being of people and communities. These efforts are guided by our 2030 Sustainability & Social Impact Strategy (SMILE Strategy).

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As an organization exceeding

₹ 5,984 Cr, we are defined by our wide-reaching distribution

network, strong local presence, and continued focus on delivering sustained value to our shareholders.

India wakes up to Colgate every morning and for nearly

90 years, we have helped the nation smile with confidence. As the trusted first choice of more than half of India, Colgate-Palmolive (India) is an integral part of daily routines, personal care, and wellbeing, reflecting our enduring commitment to advancing oral health across generations.

Present even before independence, we have grown alongside India - evolving with its aspirations and contributing to its progress. From reaching 195 million children through Colgate Bright Smiles, Bright Futures® to mapping oral health at a pin code level, deploying dental screenings, partnering with over 50,000 dentists, and expanding our manufacturing footprint, our presence runs deep. We have not just witnessed India's journey; we have helped shape it.

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Corporate Overview

Sustainability

and Us

Statutory Reports

Financial Statements

Our purpose, core values, and principles serve as the foundation for achieving our targets. Beyond establishing cohesive standards and a shared vision that shape our decision-making and organizational conduct, these elements nurture a culture where accountability, consistency, and ongoing improvement thrive.

In dynamic and diverse markets like India, Our Culture DNA provides us with a structured framework and clear guidance for implementing effective processes that drive operational excellence.

Our Purpose

Why We Exist

We are Colgate-Palmolive, a caring, innovative growth Company that is reimagining a healthier future for all people and our planet.

Our Values

Who We Are

Colgate People, working around the world, share a commitment to our three corporate values: We are Caring, We are Inclusive, and We are Courageous. These evolved values, represent who we are and drive us to lead Colgate into a

brighter future.

Our Culture DNA

Leadership Principles

How We Lead

Our global leadership framework is anchored in three core principles that serve as a foundation to guide our ongoing transformation by defining the behaviors Colgate People need to model.

Cultivate

TRUST

• Listen with empathy

• Speak openly

• Grow together

  Commit to

  IMPACT

• Provide clarity

• Take ownership

• Do what's right

  Create the

  FUTURE

• Pursue our curiosity

• Courageously change

• Recognize progress

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Corporate Overview

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Statutory Reports

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Our brand portfolio continues to grow stronger, breathing new life into established products and gaining momentum in the premium space. We harness the power of digital transformation and relentless refinement to optimize our manufacturing standards, supported by initiatives that deepen customer

relationships.

These efforts create a seamless ecosystem that makes smarter use of resources, cuts through operational complexity, and delivers richer experiences for our customers - driving down costs, unlocking new levels of productivity, and cementing our position at the forefront of

the market.

Campaign Showcase

As the nation's leading oral care expert, powered by advanced, science-backed technology, our portfolio spans everyday essentials such as toothpastes, toothpowders, and toothbrushes to specialized solutions including mouthwashes, rinses, and professional-grade products. Our Palmolive portfolio complements this with a range of personal care products supporting everyday wellness and confidence.

In FY 2025-26, we continued to bolster our portfolio by reintroducing top performers and directing our brand campaigns toward two primary goals:

• Revitalizing our market-leading products to expand their market presence

• Elevating our portfolio's premium offerings to meet specialized and evolving consumer demands

Image submitted by Shouvik Putatunda Mumbai, Maharashtra

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Redefining the Role of Oral Care in Sports with Colgate Total

In a landmark shift for the category, oral health was repositioned as a critical "performance variable" through two high-impact, science-led collaborations. Central to both pillars was Colgate Total, featuring a patented formula that is 3X more effective at fighting germ buildup. By delivering proactive defense against the root causes of oral issues, these campaigns successfully integrated dental health into the professional fitness ecosystem, reinforcing that peak athletic readiness begins with prevention.

From Routine to Protocol:

The Mumbai Indians Collaboration

A pioneering partnership with Mumbai Indians for the 2026 season further operationalized this shift by mandating the Performance Linked Oral Test (PLOT) as a core fitness protocol. Utilizing advanced 3D intraoral scanning, this initiative systematically integrated dental wellness into the team's elite performance framework to optimize cardiovascular efficiency and on-field endurance.

Driving Performance with Rahul Dravid

Cricket icon Rahul Dravid was onboarded to champion a "marginal gains" philosophy, transitioning the narrative from routine hygiene to a disciplined performance ritual. Grounded in the science that oral germs can trigger systemic inflammation and impede musculoskeletal recovery, the campaign positioned peak dental wellness as the hidden 1% edge essential for athletic consistency.

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Redefining Beauty with Colgate Visible White Purple

A high-impact campaign for Colgate Visible White Purple was launched featuring Bollywood star Kriti Sanon and cricketer Abhishek Sharma. The campaign successfully redefined teeth whitening as a modern beauty essential, leveraging the scientific principle of color theory, where purple tones neutralize yellow tints, to deliver an instant whitening effect.* This technology, already a staple in premium skincare and haircare, was positioned as the "first step" in any daily beauty ritual. By aligning with two of India's most aspirational cultural icons, the initiative strengthened the brand's leadership in the premiumization segment, transforming a functional oral care routine into a science-backed, beauty-forward grooming asset.

Building Trust with Colgate Strong Teeth

The "Cavity-Proof" campaign for the flagship brand, Colgate Strong Teeth, reinforced the deep-rooted trust Indian mothers place in its superior protection. Addressing the modern challenge of increased junk food consumption among children, the campaign highlighted the efficacy of clinically proven Arginine + Calcium Boost Technology.* This dual-action formula actively reduces demineralization while accelerating remineralization to provide 24-hour cavity protection.** By centering the narrative on a mother's confidence to dismiss "fake" toothache excuses, the campaign successfully shifted the conversation from fear to functional assurance. This high-impact storytelling further solidified the brand's market leadership in the core segment, proving that Colgate Strong Teeth's science-backed care is the ultimate foundation for parents' peace of mind.

New

Flavour

*For temporary efficacy.

*Arginine-fluoride formula which promotes better teeth remineralization by adding natural calcium from the saliva.

**with twice daily brushing

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3.03 MW

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Advancing

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Manufacturing Exce lence

Our mission is to deliver high-quality products that

consistently meet and exceed consumer expectations through manufacturing excellence. This commitment

Case Study

Baddi Himachal Pradesh

On-site Solar Installation

All 4 Owned Manufacturing Plants are

TRUE® Certified for Zero Waste (Platinum level)

Operational Excellence

Baddi, Himachal Pradesh

is driven by efficient process management, advanced technological innovations, a highly skilled workforce, and a culture of continuous improvement.

Aligned with the Make in India initiative, CPIL operates manufacturing plants in Goa, Baddi, Sri City, and Sanand, supported by a robust network of third-party partners across the country. In FY 2025-26, we continued to transform our facilities into future-ready operations.

Sanand

Gujarat

Mumbai

Maharashtra

Goa

Sri City Andhra Pradesh

Owned Manufacturing Plants

Our owned Manufacturing Plants have achieved

Net Zero Water

LEED Gold Certification

by Indian Green Building Council (IGBC) for Sanand and Sri City

3,64,600 sqm

cumulative area across

As operations at the Baddi facility continued

to scale, there was an opportunity to further strengthen consistency, enhance real-time visibility, and build advanced capabilities across teams. The focus was on moving towards more structured, data-led, and digitally enabled processes to support longterm performance and resilience.

To accelerate this transition, the facility leveraged CP Global Factory Performance and reliability program, built on three pillars: Smart Maintenance [AI & ML based predictive Maintenance and Autonomous Maintenance (I Operate, I Maintain)], Capability Building, and Data & Analytics.

• Execution focused on standardizing maintenance practices and strengthening shopfloor discipline through structured workflows and operating routines.

• Digital tools were integrated into daily operations. Augmentir, the AI-Powered Connected Worker platform, enabled guided inspections.

• Business intelligence software like DOMO

  dashboards and AI-enabled QR tools enhanced real-time visibility and troubleshooting.

• Manufacturing capabilities were further strengthened through smart systems such as Augury for machine health monitoring, Digital Twins for batch optimization, Cobots for automated palletization, and RealWear for remote expert support.

  Impact

  By the close of FY 2025-26, 75% of shop fioor processes had transitioned to paperless systems through digital initiatives.

  Operational stability improved across production lines, supported by faster issue resolution and more consistent performance across shifts.

  The Baddi facility is now better equipped to sustain performance, scale digital manufacturing practices, and support future growth with greater agility and reliability.

  Registered Head Office and Technology Centre

  all four plants

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  Case Study

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  Scaling Performance on the Mouthwash Line

  Baddi, Himachal Pradesh

  Driving Smarter Energy Use Through Targeted Optimization

  Case Study

  Sri City, Andhra Pradesh

  As part of our ongoing focus on operational excellence, the Mouthwash line at Baddi presented an opportunity to further enhance throughput, improve asset utilization, and strengthen equipment reliability.

  The focus was on unlocking higher performance through better process discipline and targeted technical interventions.

  Performance improvements were driven

• Subject matter experts were deployed across shifts to support teams, ensuring consistent execution and faster problem resolution.

  Impact

  By Q4 of 2025-26, the line delivered strong performance gains. Throughput increased to 11.4 thousand pieces per line per shift, refiecting a 28% improvement. Asset

  Improving energy efficiency has been an ongoing endeavor across all our manufacturing facilities. This year, the Sri City facility identified an opportunity to optimize the performance of its Air Handling Unit (AHU) system. The objective was to enhance air distribution efficiency and reduce energy consumption through targeted system improvements.

  through a combination of structured routines and focused technical upgrades.

  • Shop Floor discipline was strengthened by enhancing coordination between operators and supervisors. This was supported by the consistent application of Autonomous and Planned Maintenance practices.

  • Targeted interventions were implemented to improve equipment reliability. These included design enhancements to capping and labeling machines, along with the resolution of recurring failure points.

    utilization rose to 76%, while case fill improved to 96%.

    These gains were achieved without additional capital investment, demonstrating the impact of disciplined execution and focused improvements.

    The sustained performance has since been recognized through Colgate's World Champions program, positioning the line as a benchmark for operational excellence.

  • The team implemented Aeroseal duct sealing technology to address inefficiencies within the duct network. This approach enabled precise sealing of internal leakages without disrupting ongoing operations.

  • By strengthening the integrity of both supply and return air systems, the intervention improved airflow efficiency across the production floor while supporting more balanced system performance.

Impact

Following the intervention, blower speeds were optimized and chiller load stabilized, bringing the system closer to its designed operating efficiency.

Between June 2025 and March 2026, the project delivered energy savings of 206 MWh, with projected annual savings of 247 MWh. These gains contribute meaningfully to the facility's energy efficiency goals and refiect our continued focus on responsible and sustainable manufacturing.

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Customer Development Initiatives

At Colgate-Palmolive (India) Limited, we remain united by our purpose: we are a caring, innovative growth company that is reimagining a

healthier future for all people and our planet. Our commitment to making oral care accessible to every corner of the country is integrated into

our business strategy.

As we advance our strategic goals, we remain focused on distribution excellence, omnichannel demand optimization, and adapting effectively to changing consumer behaviour.

Our ability to meet consumers across key touchpoints whether through traditional retail, modern trade,

E-commerce, Quick Commerce, or social commerce is fundamental to our growth.

Expanding Reach with Precision Distribution

As we work to accelerate execution, our flagship image recognition tool AmaZing is active in modern trade stores. Focused on consistent on-shelf availability and improved brand visibility, the tool helps build agility in stock

deployment across the channel.

Another core to our distribution strategy is our Smile Stores.

First launched in 2021, the program is focused on expanding our reach and delivering the right assortment in every store. We also recently upgraded our recommendation engine aimed at protecting the core of the business while driving growth with adding assortment.

In digital, E-commerce remains our highest growth channel, delivering strong double-digit Net Sales growth in FY26*. We have successfully capitalized on the QCom shift, as the channel Net Sales doubled.*

Rural distribution continues to be a big part of our expansion strategy.

We are spending more on expanding the reach of our key packs, compelling promotional packaging, and optimizing our competitive edge. Our best-in-class distribution network and sharpened execution ensure our top products are consistently available, driving deeper penetration into traditional trade channels.

Beyond our core business, another core priority is maximizing growth online. We're making E-commerce more intuitive and engaging by offering curated, exclusive products that align with modern digital shopping habits.

*As per internal company data

Accelerating Premiumization

in Modern Trade

A core priority in modern trade is driving competitive share gain and unlocking our full potential in the premium segment. To achieve this, we are leveraging our entire portfolio, capitalizing on the strength and breadth of our key packs. This is being supported by brilliant execution

to be first choice at shelf, thus fueling growth by upgrading

and adding new shoppers.

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The rollout is supported by leadership workshops and a validation process using Image Recognition to ensure strict

in-store compliance.

A Complete Range For Every Smile

Colorful gel with Sugar Acid Shield, providing advanced cavity protection

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Arginine + Calcium Boost Technology,* providing

24-hour cavity protection**

Family Care

*Arginine-fluoride formula which promotes better teeth remineralization by adding natural calcium from the saliva.

**with twice daily brushing

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Amino Foam & Zinc provides stronger gums by reducing gum problems caused by plaque

Patented Dual Zinc + Arginine technology,

proactively fighting germ build-up

3X* more effectively to prevent the top 8 dental problems

A color correction booster leveraging Purple Pigments to neutralize yellow tones for an instant whitening effect

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Purple Optic Brighteners, instantly neutralizing yellow tones for visibly whiter teeth from the first use

*Plaque reduction vs. non-antigerm fluoride toothpaste after 3 months continued use

Active Prevention Admirable Impressions

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A sensorial breakthrough featuring heart-shaped

cooling crystals and UltraFreeze Technology, delivering a 10X longer-lasting cooling* experience

Specialized Gum Care System with 2% Zinc Citrate and Fluoride

*vs a regular fluoride toothpaste

Renew My Energy Resolve Aging Effects

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Powered by VivaScentz™ and MoodScentz™ technologies, this variant provides 6-hour fragrance longevity

A muscle-soothing blend with an 8-hour revitalizing fragrance

Delivering over 20,000 strokes per minute, the electric toothbrush combines high-intensity performance with soft bristles to remove 5X more plaque than a manual toothbrush* while protecting gums.

*vs manual flat-trim toothbrush

Meta Sleep Tech™ to deliver an 8-hour calming fragrance

Personal Care Devices

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Financial Performance

Year at a glance: FY 2025-26

We made meaningful strides with our products into the premium space. In parallel, our unwavering commitment to digitization and continuous improvement pushed the boundaries of manufacturing excellence. These deliberate strategic choices sharpened how we deployed resources, simplified our operations, and took customer experiences to an entirely new level.

The strength of FY 2025-26 across every financial metric is a direct reflection of this momentum, translating into outstanding outcomes and creating lasting value for all our stakeholders.

Highlights

Net Sales (₹ in Crores)

EBITDA (₹ in Crores) Gross Margin (%)

Earnings Per Share (₹) Dividend Per Share (₹)*

5,066 5,188

5,644

5,999 5,984

1,566 1,547

1,901 1,958 1,870

67.1

69.5 69.7

69.3

39.7

38.5

52.8

48.6 48.7

40 39

58**

51 48

65.4

*Distributed by way of Interim Dividends

**Includes One-time

2021-22

2022-23

2023-24

2024-25

2025-26

2021-22

2022-23

2023-24

2024-25

2025-26

2021-22

2022-23

2023-24

2024-25

2025-26

2021-22

2022-23

2023-24

2024-25

2025-26

2021-22

2022-23

2023-24

2024-25

2025-26

Special Interim Dividend of ₹ 10/-each per equity share of ₹ 1/-

₹ 5,984 Cr

Net Sales

69.3%

Gross Margin

₹ 1,870 Cr

EBITDA

₹ 48.7

EPS

₹ 1,806 Cr

Net Cash generated from Operations

₹ 48

Dividend Per Share

₹ 1,557 Cr

Reserves and Surplus

119%

Return on

Capital Employed

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THE COLGATE ORAL HEALTH MOVEMENT

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Transfforming Smiles

ffor Brighter Tomorrow

Behind every healthy smile is healthy behavior. The Oral Health Movement (OHM) initiated by Colgate-Palmolive (India), represents a decisive shift, from ensuring access to oral care products to actively transforming oral health behavior across India.

Having been present in India for close to nine decades, we have played a foundational role in building the oral care category. For much of this journey, our focus was on access, making toothbrushes and toothpaste available in every household. With near-universal product penetration achieved, the next phase of our journey focuses on driving consistent adoption of recommended dental practices.

The data made the urgency clear. Despite widespread availability of products, 80% of urban Indians do not brush at night, 55% of rural Indians do not brush daily, and 91% of Indians do not visit a dentist even once a year.*

*Kantar HH Panel

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From Awareness to Action

The centerpiece of the initiative was India's first

AI-powered oral health screening tool, accessible to anyone with a smartphone through WhatsApp. The tool enabled widespread participation in personalized oral health screening, providing individuals with a dental score and actionable guidance on next steps. For many, this represented the first proactive step towards taking ownership of their oral health.

Backed by a network of

50,000+ dental professionals from the Indian Dental Association (IDA), OHM connected individuals directly to free dental consultations.

In a country where dental visits have historically been driven only by pain, a significant number of individuals who completed a screening proactively visited a dentist.

Understanding India's Oral Health Reality

One of OHM's defining strengths is its ability to generate large-scale behavioral insights. For the first time, data from dental screenings has given India a clear, population-level picture of where the country truly stands.

India's overall Oral Health Score is 2.6 out of 5

72% of individuals are at high risk of at least one oral health concern

41% are at risk of cavities 44% are prone to gum issues

Only 10% achieved a perfect score

Over 60% of Indians above 50 are at high risk of gum-related issues

50% of children (3-12 years) and

72% of older adults (64+) show heightened cavity risk

Eastern India shows higher incidence of stains, linked largely to tobacco usage

Cavities are more common in Keralam, Jharkhand, and Rajasthan, where over 50% are at high risk

These insights sharpen our interventions, making them more targeted, more relevant, and more effective across diverse demographic groups.

Reaching Millions Across India

The OHM campaign reached over 4.5 million Indians, through national media partnerships, community kiosks, and OHM-branded packaging that put a QR code directly in the hands of consumers. Print, television, digital, and retail all played a role, extending the movement into smaller towns and underserved communities alike.

On-ground activations at public spaces, markets, and community centers enabled free screenings and dental consultations.

Building the Habits for Tomorrow

Our flagship Colgate Bright Smiles, Bright Futures® (BSBF) program has been reaching children in schools since 1991, embedding the habit of correct brushing, nutrition awareness, and tobacco prevention. To date, BSBF has positively engaged 195 million children and their families across India. Children act as powerful agents of change, carrying these good practices into their homes and communities, multiplying the impact beyond the classroom.

A Sustained Movement

The OHM is a sustained, systemic effort to make dental wellness second nature for every Indian by integrating awareness, technology, professional access, and early childhood education. The numbers tell the story of scale. The behavior tells the story of impact. Together, they represent our most ambitious commitment yet to the oral health of India.

The true measure of OHM is in the moments of change it created. 1 in 6 individuals who were screened took the next step and visited a dentist* - marking a genuine, measurable shift in behavior.

That is the smile we are working towards, for every Indian.

*As per IDA data

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Smile Stories

Making Oral Health India's National Public Health Priority

Colgate convened the Oral Health Movement Summit in New Delhi to elevate oral health within India's broader healthcare

discourse and policy focus.

37

The summit brought together senior policymakers, healthcare leaders, and experts including Shri JP Nadda, Hon'ble Union Minister of Health and Family Welfare; Dr. Indu Bhushan, former CEO, Ayushman Bharat; Dr. Ashok Dhoble, Secretary General, Indian Dental Association and Dr. Mahesh Verma, Vice Chancellor, GGSIP University. It underscored the growing recognition of oral health as a critical component of overall health outcomes in the country.

Colgate's Oral Health Movement in partnership with the Indian Dental Association has transformed oral care from a neglected concern

into a national priority, supporting the Government's National Oral Health Program.

Shri JP Nadda Hon'ble Union Minister of Health and Family Welfare

Improving oral hygiene can also positively impact systemic diseases like diabetes, cardiovascular conditions, and respiratory infections, thus easing the burden on one's own health and the nation's healthcare infrastructure.

Prabha Narasimhan

Managing Director & CEO, Colgate-Palmolive (India) Limited

There is a similarity between oral health and sanitation. Both require a multi-sectoral approach involving

health, education and social welfare. Also, it needs to be data driven. Lastly, there needs to be public, private and civil society collaboration like

we had for Swachh Bharat.

Dr. Indu Bhushan former CEO, Ayushman Bharat

Today the biggest barrier is that we tend to overlook oral health. But there is a deep systemic link between oral health and general health.

Good oral health is also going to decrease the burden of the diseases.

Dr. Mahesh Verma Vice Chancellor, GGSIP University

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Driving Growth Our Financial Story

SUSTAINABILITY & US

(₹ in Lakhs)

2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26

A. Operating Results

C. Equity Share Data

Earnings Per Share (₹)

21.23 24.76 28.52 30.02 38.07 39.65 38.50 48.67 52.83

48.73

Dividend Per Share (₹)

10

24

23

28

38

40

39

58*

51

48

Number of Shares (in Lakhs)

Number of Shareholders (in '000s)

2,720

176

2,720

169

2,720

176

2,720

214

2,720

229

2,720

308

2,720

267

2,720

239

2,720

293

2,720

346

# Including Capital Advances.

* Includes One-time Special Interim Dividend of ₹ 10/- each per equity share of ₹ 1/- each.

Previous year's figures have been re-grouped to conform with current year's presentation, wherever applicable.

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Dear Valued Stakeholders,

MESSAGE FROM THE ESG LEAD

For nearly 90 years, Colgate-Palmolive has been making India smile. As we approach this significant milestone, FY 2025-26 marks an important moment in our sustainability journey. It represents the successful culmination of our 2025 Sustainability & Social Impact Strategy and lays the foundation for our next chapter of growth and impact.

At Colgate-Palmolive India, sustainability is not a parallel agenda.

It is an enabler of our business strategy, helping us build resilience, strengthen trust, and create lasting value.

Smiling Back on 2025

Five years ago, we set ourselves ambitious goals across social impact, environmental stewardship, and responsible business practices. We are proud of the progress we have made against these commitments, while recognizing that the challenges facing communities and the planet continue to evolve.

This report shares the final outcomes of our 2025 Sustainability & Social Impact Strategy and introduces the next phase of our journey through an enhanced 2030 roadmap designed to accelerate impact and create long-term value.

Smiles Powered by Purpose

As sustainability becomes increasingly central to business success, we continue to embed it deeper into our decision-making, operations, innovation processes, and value chain partnerships.

Our efforts remain focused on three enduring ambitions: Driving Social Impact, Helping Millions of Homes, and Preserving Our Environment.

Advancing oral health awareness and education continues to be one of the most important ways we create positive impact.

Through collaborations with governments, healthcare professionals, educational institutions, and community organizations, we are helping drive behavioural change at scale and improve access to oral health knowledge across India.

At the same time, we continue to strengthen our environmental performance. This year, we achieved 100% plastic waste neutrality and increased renewable energy usage across our manufacturing facilities to 50.38%, reinforcing our commitment to circularity, climate action, and resource efficiency.

Making Sure Every Stakeholder Smiles

As we transition to our 2030 Sustainability & Social Impact Strategy, we are guided by a simple but powerful principle: creating outcomes where consumers win, the business wins, and the planet wins.

Consumers win when they have access to products that are trusted, effective, and increasingly sustainable. The business wins when innovation, operational excellence, and resilient partnerships support long-term growth. The planet wins when we reduce environmental impact and preserve resources for future generations.

This principle reflects our belief that sustainable growth is achieved when value creation is shared across all stakeholders.

A Future Full of Smiles

As we look ahead to 2030, we do so with optimism and determination. By further integrating sustainability into our business, accelerating innovation, and working collaboratively across our ecosystem, we can continue delivering measurable impact while building a stronger and more resilient future.

This report reflects both the progress we have achieved and the opportunities that lie ahead. More importantly, it reflects our belief that responsible growth is the confluence of reducing impact and creating enduring value for people, communities, and the planet.

I thank all our stakeholders for their continued trust and support. Together, we will continue making India smile responsibly, sustainably, and for generations to come.

Warm regards,

Shilpashree Muniswamappa

Director - ESG & Communications

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SUSTAINABILITY & SOCIAL IMPACT

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Sustainability Approach

A smile is a beautiful expression and, for us,

it is also the most honest measure of how well our sustainability strategy is working. India represents one of the most critical contexts for delivering our sustainability strategy. With a population exceeding 1.4 billion and rising environmental pressures, the country is also witnessing a stronger national policy push toward climate commitments, the circular

At Colgate-Palmolive (India), we believe that integrating sustainability throughout our business is central to how we create value, build resilience and support the continued growth of our business and that of the nation. Our approach is science-based, pragmatic, performance-driven, and focused on enabling sustained growth. It is designed to deliver

We made significant progress under our 2025 Strategy, achieving measurable outcomes that positively impact both people and the planet. Guided by our new 2030 Sustainability & Social Impact Strategy (SMILE Strategy), we are well-positioned to address challenges and seize opportunities that deliver environmental benefits.

Our sustainability ambition is to go beyond compliance and drive performance to deliver tangible business outcomes. Alongside our environmental efforts, our social initiatives continue to drive meaningful impact in communities across the country. These efforts are underpinned by a strong governance framework that ensures transparency, ethical conduct, and accountability at every level of our organization.

economy, and ESG accountability. In this context, the scale of both responsibility and opportunity is unmatched.

consistent returns and ensure that the value we create generates positive outcomes for people and the planet.

Through our "Organize, Optimize, and Outperform" approach, we ensure that every initiative contributes to a future that is both sustainable and inclusive.

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In FY 2025-26, we further strengthened our sustainability efforts to leave a long-lasting impression across key domains, including Environment, Social, Governance, Employees, Sustainable Sourcing, and Product Performance.

Structuring Sustainability for Impact

We align sustainability efforts across six key domains, supported by clear targets, defined accountability, and robust governance structures.

Governance

Driving Efficiency and Impact

We rigorously track performance, improve resource efficiency, and continuously innovate to reduce environmental impact and enhance program effectiveness.

Approach

Our foremost priority is fostering a resilient organizational culture that proactively addresses sustainability considerations.

• A dedicated ESG & Corporate Social Responsibility (CSR) Committee at the Board level oversees ESG-related risks, impacts, and opportunities, ensuring strategic alignment and transparency for stakeholders.

  Creating Lasting Value

  We set higher benchmarks, scale proven solutions, and consistently deliver measurable value to stakeholders.

  By organizing our efforts, optimizing resources, and outperforming expectations, we aim to create lasting value

  for all stakeholders.

  • Our Core Committee and leadership team, comprising representatives from Legal, Finance, HR, Supply Chain, Corporate Communications, CSR, and Sustainability, collaborate to embed

    Sustainability & Social Impact goals into our broader corporate strategy.

  • To drive effective implementation, a cross-functional ESG taskforce monitors evolving trends and assesses performance, enabling the ESG & Corporate Social Responsibility Committee (ECC) to make well-informed decisions.

GRI 2-9, GRI 2-11, GRI 2-12, GRI 2-13, GRI 2-16

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Stakeholder Management & Materiality

Listening to and engaging with stakeholders on sustainability is key to Colgate's strategy. We review and revalidate our materiality assessment following a five-step approach (Cognize, Determine, Evaluate, Prioritize, Validate) to identify both positive and negative impacts across our operations, environment, and stakeholders. We maintain active stakeholder inclusiveness by addressing concerns, prioritizing groups (employees, consumers, investors, communities, NGOs), and embedding their insights into our strategy.

Materiality Assessment

The five-step systematic approach has helped us prioritize key topics influencing CPIL strategy and define the scope of our Sustainability & Social Impact report.

Business Ethics, Governance, and Transparency remain top priorities

across all three ESG pillars.

O U R F I V E - S T E P

Important to Stakeholders

Most Important

S Y S T E M A T I C A P P R O A C H

Cognize

Gain a profound understanding of the CPIL activities, business relationships, sustainability context, laws, and regulations as well as the internal and external stakeholders.

Determine

Very Important

Identify actual and potential impacts on the economy, environment, and people- including human rights-across products (e.g., oral health), activities (e.g., manufacturing, sales, community development), and relationships (e.g., suppliers, logistics, distributors).

Evaluate

Evaluate the significance of identified positive and negative impacts using a risk assessment process that combines quantitative and qualitative analysis to assess the severity and likelihood of actual and potential impacts.

Prioritize

Important

Assess and prioritize the significance of identified impacts using the threshold set by the leadership team. These impacts are grouped into diverse material topics.

Validate

CPIL's ESG and CSR Committee oversees the due diligence process as well as refines and validates the final material topics.

GRI 2-26, GRI 2-9, GRI 3-1, GRI 3-2, GRI 3-3

Important to Business

Governance

Social

Environment

Most Important

Very Important

Important

Community Development

Diversity & Inclusion

Energy & Emission Management

Human Rights

Responsible Supply Chain

Waste Management

Sustainable Packaging

Health & Safety of Our People

Water Stewardship

Community Health & Safety

Business Ethics, Governance & Transparency

Product Stewardship

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Stakeholder Inclusiveness

By actively engaging with stakeholders, we gain valuable insights, identify emerging issues, and mitigate potential risks. We have a four-step approach to ensure stakeholder inclusiveness. This approach helps us develop the Materiality Matrix, providing a holistic view of what is important to us and our stakeholders.

Stakeholder Engagement

CPIL engages a broad range of internal and external stakeholders to inform them about our sustainability strategy and targets. Here is an overview of our key stakeholder groups and how we engage with them on sustainability matters.

Stakeholder Inclusiveness

Embedding Stakeholder Insight into Strategy

Addressing Stakeholder Concerns

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Identification & Prioritization

of Stakeholders

Stakeholder Engagement

GRI 2-14

Our Suppliers and Contractors

Ongoing participation in sustainability steering and working groups.

Monthly

Local Communities

In-person meetings and engagement with local communities, majorly for CSR initiatives.

Monthly

Government and Regulatory Bodies

Ongoing monitoring of government and regulatory activity relevant to Colgate, as well as meetings and engagement through trade associations.

Quarterly

Non-governmental Associations

Direct inquiries and feedback on an ongoing basis, virtual and in-person meetings, participation in boards, advisory councils and reporting/ disclosures.

Quarterly

Media

Direct inquiries and feedback.

Monthly

Quarterly

Ongoing participation in investor conferences, newsletters, newspaper publications, annual reports, stock exchange intimations, website and Annual General Meeting.

Our Shareholders and Investors

Monthly

Partnering with customers to encourage sustainable habits with consumers and brand promotion.

Our Retail Customers and Partners

Monthly

Integrated marketing communications, ongoing consumer dialogue via consumer cell and social media engagement.

Our Consumers

Monthly

Through frequent internal communications, employee engagement surveys, digital engagement tools, country sustainability teams and internal subject-matter experts.

Our Employees

Frequency of Engagement

Method of Engagement

Stakeholders

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Framework Our 2030 Sustainability

& Social Impact Strategy

What We've Accomplished at CPIL

2025 Sustainability & Social Impact Targets

Reimagining a healthier future for both people and the planet remains at the heart of what we do. It shapes how we grow, how we innovate, and how we create long-term value.

At the core of this commitment is the Sustainability & Social Impact Strategy. Be it the now-completed 2025 Strategy or the newly introduced 2030 SMILE Strategy, the underlying framework continues to guarantee a holistic and inclusive focus on Environmental, Social, and Home-focused dimensions. This continuity ensures that while our ambitions evolve, our purpose and direction remain firmly anchored.

By leveraging Data Analytics, tech & AI, and execution excellence, we seek to respond with agility, scale solutions effectively, and deliver impact where it matters most.

The governance and monitoring framework, stakeholder management, and materiality assessment together determine how we drive our Sustainability & Social Impact Strategy.

In 2025, we successfully closed out our 2025 Sustainability & Social Impact Strategy, which focused on our three key ambitions-Driving Social Impact, Helping Millions of Homes and Preserving Our Environment. Each of these was supported by a set of dedicated actions and key targets focused on issues and activities that we believed were most material to Colgate-Palmolive.

Our 2030 Sustainability & Social Impact Strategy builds on what we have learned over the past five years and the emerging challenges and opportunities we anticipate over the next five years. We have streamlined our strategic direction, concentrating on areas where we can have the greatest potential impact as we drive performance through refined targets.

The following page provides an overview of progress against our 2025 strategy and introduces our updated 2030 strategic direction, including an explanation of how we have refined our targets to lead us toward continued progress over the next five years.

DRIVING SOCIAL IMPACT

DRIVING SOCIAL IMPACT

Key 2025 Targets

2025 Status

Health and Safety of Our People

Provide access to meaningful mental and physical well-being programs for 100% of our employees.

• 100% of CPIL employees are covered under benefits that encompass well-being and work-life integration.

Human Rights

Advance respect for and adherence to human rights by promoting awareness mechanisms that support and enable zero human rights violations in our business operations and the value chain.

• Human Rights policy is embedded in all major supplier agreements.

• Periodic human rights due diligence has been conducted for 100% of our major direct suppliers.

Diversity and Inclusion

Increase women's representation in management positions by 20% vs. 2020 baseline.

• CPIL achieved this target.

Community Development

Reach 10 Mn children and families to improve oral health and advance the health and well-being of children, their families and communities.

• Colgate Bright Smiles, Bright Futures® (BSBF) program engaged with over 25.6 Mn children and their families across 15 Indian states since 2020.

• We achieved this target, reaching approximately 195 Mn children and their families since 1991.

Empower 1,00,000 beneficiaries (primarily Women and People with Disabilities) in rural areas with Financial & Digital Literacy by 2030.

• We positively impacted over 2,37,000 beneficiaries across 650 villages and created financial linkages to government schemes worth ₹ 6,150 Mn since 2020.

Enable Water Access & Augmentation in 100 water-stressed villages by 2025.

• CPIL's CSR programs have helped replenish over 460 Mn liters of water, across 158 villages, benefitting 1,65,000 beneficiaries. This has improved access to clean water for drinking, sanitation and agriculture.

PRESERVING OUR ENVIRONMENT

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HELPING

MILLIONS OF HOMES

PRESERVING OUR ENVIRONMENT

Key 2025 Targets

2025 Status

Product Stewardship

Consistently deliver best quality products to consumers through excellence in product design, manufacturing and distribution.

• Since 2021, 100% of CPIL's Toothpaste portfolio (by volume) has transitioned to recyclable tubes.

• Zero product recalls in the last decade.

Consumer Health & Safety

Provide 100% ingredient transparency

• We continue to believe that transparency is a key part of our commitment to product sustainability. We aim to empower individuals by providing information about the ingredients in our products. Our brand websites and digital platforms offer detailed product pages where consumers can often review ingredient lists.

Key 2025 Targets

2025 Status

Energy & Emission Management

Net Zero Carbon by 2040.¹

• We have reduced carbon emissions of India operations

42% reduction in GHG emissions by 43% since (baseline 2020-21). (Scope 1 & 2) by 2030, against 2020 baseline.

100% renewable electricity by 2030.

• 60% of the electricity we used in FY 2025-26 was renewable.

Waste Management

Maintain TRUE® Certification for Zero Waste for all Colgate-owned plants.

• All CPIL Plants are TRUE® certified for Zero Waste.

Sustainable Packaging

Make all of our packaging reusable, recyclable, or compostable by 2025.²

Achieve 100% of plastic waste collection under EPR (Extended Producer Responsibility) every year.

• 95% of our packaging is recyclable, reusable or compostable.

• CPIL has consistently collected over 101% of plastic waste under EPR since 2020.

Water Stewardship

Achieve Net Zero Water at our water-stressed sites by 2025.³

• CPIL is water positive at a country level.

Responsible Supply Chain

Allocate 80% of our material spend in line with our responsible sourcing guidelines by 2025.

Maintain 95% of contract manufacturing spend in alignment with CPIL's Responsible Sourcing Guidelines.

• 82.5% of CPIL's material spend in 2025 was aligned with our responsible sourcing guidelines.

• 100% of CPIL's contract manufacturing spend aligns with our responsible sourcing guidelines.

Continue ensuring social compliance at 100% of 3PL warehouse operations through third-party assessment.

• 100% of CPIL's 3PL warehouse operations are compliant as per third-party assessment.

"Ingredient Transparency" means listing all intentionally added ingredients, providing a description of the ingredient purpose and disclosing fragrance or flavor ingredients of greater than or equal to 100 ppm.

¹ Excludes Scope 3 optional emissions per SBTi Net Zero Standard.

² Our progress against these targets does not include external co-packaging/co-manufacturing or minority-owned joint ventures.

³ As defined by USGBC LEED Net Zero Water.

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Where We're Going

CPIL's 2030 Global Sustainability & Social Impact Strategy

is consistent with the global Colgate-Palmolive Company targets.

DRIVING SOCIAL IMPACT

2030 Focus Areas 2030 Targets

Strategy Evolution

PRESERVING OUR ENVIRONMENT

2030 Focus Areas 2030 Targets

Strategy Evolution

Inspire our people through inclusion and well-being

• Target at or above the 75th percentile benchmark on our core employee engagement survey results every year.

  Given our belief that Colgate-Palmolive people are crucial to our ongoing business success, we added a more specific and measurable target to assess employee engagement.

  Eliminate plastic waste

  • Reduce virgin plastic by 33% vs. 2019 baseline.

  • All packaging designed for recycling.¹

Maintaining our target to reduce the use of virgin plastics and continuing to strive for all packaging to be designed for recycling, with a focus on industry challenges, including small format and flexible film packaging. Increasing use of recycled content will continue to drive progress on our virgin plastic reduction target.

Promote lasting habits for a healthier and brighter future

• Globally, reach 2.7 Bn children and their families by 2030 with education about oral health through BSBF program.

• CPIL will reach 245 Mn children and their families by 2030 through the Colgate BSBF program.

  Expanded the number of children and their families we will reach, building on past program successes and incorporating the growing recognition that oral health is a critical element of overall health.

  Build a climate resilient value chain

  • Reach net zero carbon emissions across the value chain by 2040.²

  • Achieve 100% renewable electricity for our global operations by 2030.

    Maintaining existing Science Based Targets initiative (SBTi) targets for 2030 and 2040, while exploring a value-focused and impact-based approach.

    
    
    

    HELPING

    MILLIONS OF HOMES

    2030 Focus Areas 2030 Targets

    Strategy Evolution

    Deliver water security

    • Activate water resiliency roadmaps across our priority value chain locations.

      Evolved our target to focus on water security and resilience, recognizing the importance of water as a likely climate-related impact going forward. Also expanded our emphasis beyond water security in our own operations to encompass our broader value chain.

      Innovate

      superior, sustainable products

• Design and deliver perceivably superior products that are aligned with our climate, water and plastic targets.

  Recognizing the importance of a holistic approach, we refined this target to more clearly align the design and manufacturing of products with our sustainability targets in the areas of climate, water and plastics.

  Lead with efficient and sustainable operations

  • Reduce Scope 1 & 2 GHG emissions in operations by 42% against a 2020 baseline.

Expanded our global supply chain focused action beyond waste reduction to encompass energy reduction, use of renewable energy and overall efficient and sustainable operations more broadly.

¹ Continue research on small formats and flexibles | ² Excludes Scope 3 optional emissions per SBTi Net Zero Standard