Colgate-Palmolive
Corporate Bias Rating
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Risk Level:
Summary:
Colgate-Palmolive is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. Colgate-Palmolive embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.
View Full Corporate Bias Ratings ReportBoard Bias
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CEO of Colgate-Palmolive
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 $25,300 to Republican causes and $70,993 to Democratic causes. Under their tenure, Colgate-Palmolive currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$25,300
$70,993
Republican
Democrat
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 5/10/24 | Governance | Kenneth Steiner | Independent Board Chairman | Against | 33.83% |
| 5/12/23 | Governance | John Chevedden | Require Two Seperate People Hold the Offices of Chairman and CEO | Against | 34.40% |
| 5/12/23 | Governance | Kenneth Steiner | Require Excecutives to Retain Significant Stock | Against | 29.90% |
| 5/6/22 | Governance | Kenneth Steiner | Shareholder Ratification of Termination Pay Exceeding 2.99x Base & Bonus | Against | 43.28% |
| 5/6/22 | Social | National Legal and Policy Center | Report on Charitable Contributions | Against | 4.69% |
In the News
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