Clorox Talks Sustainability at Investor Meeting
The Clorox Company announced an ambitious set of environmental, social and governance (ESG) goals, as part of its new business strategy called IGNITE. This was shared at a recent investor meeting.
In a world where consumers, investors and employees alike expect companies to drive positive social change, Clorox is building on its success in meeting or exceeding ESG goals set for 2020. Over the next 10 years, the company has committed to driving environmental sustainability by reducing the virgin plastic and fiber in its packaging by 50% and making all packaging 100% recyclable, reusable or compostable. It’ll also convert to 100% renewable energy sources in the U.S. and Canada and slash greenhouse gas emissions — along with additional initiatives designed to positively impact the planet, products and its people.
Clorox is also committed to advancing the science behind alternative approaches to animal testing, with the goal of eliminating U.S. EPA regulations mandating the testing for disinfecting products. The company also will further enhance its long-standing commitment to ingredient transparency and responsible chemical management.
IGNITE’s ESG goals build on the strong foundation of Clorox’s 2020 strategy. From July 1, 2013, through June 30, 2019 (except as noted), Clorox achieved the following ESG milestones:
- Increased percentage of product portfolio with sustainability improvements to 58%, surpassing 50% goal two years ahead of 2020.
- Exceeded goals to reduce GHG emissions, water use and solid-waste-to-landfill by 20% at least two years before 2020 and remain on track to reduce energy use 20% by 2020.
- Maintained employee engagement at levels higher than comparable companies in the consumer packaged goods industry and consistent with or slightly above some of the most highly regarded companies in the world (86%-88%).