Colgate-Palmolive

New York, New York
Household and Personal Products

Corporate Bias Rating

Expand Summary

Risk Level:

Rating - Danger
High Risk

Summary:

Colgate-Palmolive scored a 100 on the 2023 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC), a political stakeholder group. By complying with the HRC’s controversial demands, Colgate-Palmolive increases the risk of dividing employees, alienating customers and harming shareholders. The company covers transgender-related medical costs for its employees and their children and provides specific sexual orientation and gender identity-based benefits. It also uses sex and gender ideology criteria in employee recruitment, vendor selection, marketing, and philanthropic support. Colgate-Palmolive forces employees to undergo multiple ideological trainings and uses its reputation, corporate funds, and political influence to support controversial sex and gender ideologies, organizations, and legislation. Colgate-Palmolive is part of the Global Alliance for Responsible Media and is a corporate partner of the National LGBT Chamber of Commerce (NGLCC). The company provides unconscious bias training for its employees and signed onto a 2015 amicus brief supporting Obergefell v. Hodges, legalizing same-sex marriage. For these reasons, Colgate-Palmolive receives a High Risk rating.

View Full Report

Board Bias

Expand Summary

CEO of Colgate-Palmolive

Noel Wallace

Noel Wallace

Summary:

Headquartered in New York, New York, Colgate-Palmolive is a member of the Fortune 250 operating in the Household and Personal Products industry. Noel Wallace and Noel Wallace serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $5,400 to Republican causes and $5,000 to Democratic causes. Under their tenure, Colgate-Palmolive currently holds a 'High Risk' risk rating.

View Full Board Bias Report

Political Contributions of Leadership:

$5,400

$5,000

Republican

Democrat

Shareholder Proposals

Expand Summary

Date
ESG Category
Proponent
Summary of ResolutionMgmt RecTotal Vote % in Favor
5/10/24GovernanceKenneth SteinerIndependent Board ChairmanAgainstN/A
5/12/23GovernanceJohn CheveddenRequire Two Seperate People Hold the Offices of Chairman and CEOAgainst34.40%
5/12/23GovernanceKenneth SteinerRequire Excecutives to Retain Significant StockAgainst29.90%
5/6/22GovernanceKenneth SteinerShareholder Ratification of Termination Pay Exceeding 2.99x Base & BonusAgainst43.28%
5/6/22SocialNational Legal and Policy CenterReport on Charitable ContributionsAgainst4.69%
Generate Reports
Clear
Toast