Company Directory - Colgate-Palmolive Company
Company Details - Colgate-Palmolive Company
Colgate-Palmolive Company
WebsiteNew York, United States
Colgate-Palmolive Company is a global consumer products company specializing in household, health care, and personal care products.
CCI Score
CCI Score: Colgate-Palmolive Company
1.93
-0.01%
Latest Event
Colgate-Palmolive Political Finance Activity 2024
An analysis of Colgate-Palmolive's political contributions and lobbying activities in the 2024 cycle, highlighting potential complicity through corporate political spending and a revolving door of lobbyists with government ties.
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OBJECTOR
Colgate-Palmolive Company is currently rated as an Objector.
Latest Events
- FEB192025
An analysis of Colgate-Palmolive's political contributions and lobbying activities in the 2024 cycle, highlighting potential complicity through corporate political spending and a revolving door of lobbyists with government ties.
-20
Political Contributions and Lobbying Efforts
March 20
Colgate-Palmolive’s reported political contributions of $84,924 and lobbying expenditures of $50,000 in the 2024 cycle indicate active financial engagement in shaping political outcomes. From an anti-fascist perspective, such monetary influence can contribute to an environment that may favor authoritarian policies, even if the absolute amounts are moderate.
-15
Executive Political Engagement
March 20
The revolving door phenomenon, where all Colgate-Palmolive lobbyists have previously held government positions, points to a concerning intertwining of corporate and governmental interests. This relationship may undermine democratic accountability and facilitate policies that support authoritarian agendas.
- JAN162025
An Ethical Consumer review criticizes Colgate-Palmolive's environmental, labor, and political practices, highlighting poor worker rights, questionable political spending, and suspicious tax practices in regimes with known authoritarian tendencies.
-20
Public and Political Behavior
March 20
The report details Colgate-Palmolive’s political expenditures, including $85,000 on lobbying and $36,293 in political donations, as well as an exorbitant director compensation. These actions suggest a willingness to engage in political practices that may undercut democratic accountability, hence a negative score.
-40
Business Practices and Ethical Responsibility
March 20
The review criticizes Colgate-Palmolive for consistently poor performance in human rights and labor practices. Issues such as inadequate worker rights policies, lack of effective supply chain audits, and incomplete standards on wages and working hours contribute to this substantially negative rating.
-15
Economic and Structural Influence
March 20
The examination of Colgate-Palmolive’s economic practices reveals suspicious tax structures and a presence in markets characterized by authoritarian governance. Such practices, including operating in jurisdictions with oppressive regimes and potential use of tax havens, raise concerns regarding the company’s role in economic collaboration with problematic states.
- DEC312024
Colgate-Palmolive Co spent $50,000 on lobbying in 2024, raising concerns about the use of corporate funds to influence public policy, potentially tipping the balance towards authoritarian practices.
-30
Political Contributions and Lobbying Efforts
March 20
The $50,000 expenditure on lobbying reported by OpenSecrets in 2024 is indicative of Colgate-Palmolive’s investment in influencing public policy. From an anti-fascist perspective, even moderate lobbying spending can signal a willingness to shape regulatory environments in ways that might support authoritarian interests. This rating reflects concern over the potential misuse of corporate political influence.
- JAN012023
Colgate-Palmolive's policy explicitly prohibits political contributions and the use of corporate resources for campaigning. This policy, which restricts direct and indirect financial support to political parties, candidates, and related political activities, demonstrates the company's commitment to non-partisan practices and minimizes its risk of enabling authoritarian influence through financial means.
+85
Political Contributions and Lobbying Efforts
March 20
The company maintains a long-standing policy against political contributions, including indirect support such as providing resources for fundraising events. This approach minimizes the risk of the company being implicated in supporting partisan agendas or authoritarian policies. By enforcing a strict guideline and annual compliance checks, Colgate-Palmolive reinforces ethical governance and demonstrates transparency in its political engagement.
- APR072007
In 2007, Colgate-Palmolive successfully reinforced its internal policy to prohibit the use of corporate funds for political contributions and barred trade associations from utilizing its resources. This move is seen as a strong step towards preventing corporate money from indirectly supporting authoritarian and far‑right political agendas.
+80
Political Contributions and Lobbying Efforts
March 20
Colgate-Palmolive's tightened policy on political contributions significantly reduces the risk of corporate funds being used to support authoritarian or far‑right political causes. By prohibiting such contributions, the company is taking a clear stance against the political manipulation often associated with corporate complicity in fostering authoritarian regimes. This action aligns with anti‑fascist values promoting transparency and accountability in corporate political behavior.
Boston Common Successful in Strengthening Political Contributions Policy
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Industries
- 325611
- Soap and Other Detergent Manufacturing
- 325620
- Toilet Preparation Manufacturing
- 446120
- Cosmetics, Beauty Supplies, and Perfume Stores
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- All Other Chemical Manufacturing