Colgate-Palmolive is an American consumer products company founded in 1806 that produces oral care, personal care and home care products. It has a global presence with operations in over 200 countries. The company has a long history and was formed through mergers and acquisitions, including the 1928 merger of Colgate Company and Palmolive-Peet Company to create Colgate-Palmolive-Peet, and the dropping of "Peet" from the name in 1953. Colgate-Palmolive focuses on caring for customers and communities through its products and initiatives.
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1. Welcome to Colgate-Palmolive
Chairman's Message
Welcome to the world of Colgate-Palmolive.
Colgate people working around the world share a commitment to three core
corporate values:
Caring, Global Teamwork and Continuous Improvement.
History behind Colgate-Palmolive
Colgate-Palmolive Company is an American multinational consumer
products company focused on the production, distribution and provision of
household, health care and personal products, such as soaps, detergents,
and oral hygiene products (including toothpaste and toothbrushes). Under its
"Hill's" brand, it is also a manufacturer of veterinary products. The
company's corporate offices are on Park Avenue in Midtown
Manhattan, New York City
In 1806, William Colgate, a soap and candle maker, opened up a starch, soap
and candle factory on Dutch Street in New York City under the name of
"William Colgate & Company". In 1833, he suffered a severe heart attack,
stopping his business from selling. But after a couple of years of recovery he
continued with his business. In the 1840s, the firm began selling individual
cakes of soap in uniform weights. In 1857, William Colgate died and the
company was reorganized as "Colgate & Company" under the management
of Samuel Colgate, his son, who did not want to continue the business but
thought it would be the right thing to do. In 1872, Colgate
introduced Cashmere Bouquet, a perfumed soap. In 1873, the firm
introduced its first toothpaste, an aromatic toothpaste sold in jars. His
company sold the first toothpaste in a tube, Colgate Ribbon Dental
Cream (invented by the dentist Washington Sheffield, in 1896. In 1896,
Colgate hired Martin Ittner and under his direction founded one of the first
applied research labs.[3] By 1908 they initiated mass selling of toothpaste in
tubes. His other son, James Boorman Colgate, was a primary trustee
of Colgate University (formerly Madison University).
2. 1915 magazine ad
In Milwaukee, Wisconsin, the B.J. Johnson Company was making a soap
entirely of palm oil and olive oil, the formula of which was developed
by B.J. Johnson in 1898. The soap was popular enough to rename their
company after it - "Palmolive".[4] Around the start of the 20th century
Palmolive, which contained both palm and olive oils, was the world's best-
selling soap. Extensive advertising included the radio programs The
Palmolive Hour (1927-1931) and Palmolive Beauty Box Theater (1934-
1937). A Missouri-based soap manufacturer known as Peet Brothers merged
with Palmolive to become Palmolive-Peet. In 1928, Palmolive-Peet bought
the Colgate Company to create the Colgate-Palmolive-Peet Company. In
1953 "Peet" was dropped from the title, leaving only "Colgate-Palmolive
Company", the current name.
Colgate-Palmolive has long been in fierce competition with Procter &
Gamble, the world's largest soap and detergent maker. P&G introduced
its Tide laundry detergent shortly after World War II, and thousands of
consumers turned from Colgate's soaps to the new product. Colgate lost its
number one place in the toothpaste market when P&G started
putting fluoride in its toothpaste. But that didn't stop Colgate. In the
beginning of television, "Colgate-Palmolive" wished to compete
with Procter & Gamble as a sponsor of soap operas. The company sponsored
many shows in part, and fully sponsored the serial The Doctors.
3. George Henry Lesch was president, CEO, and chairman of the board of
Colgate-Palmolive in the 1960s and 1970s, during that time transformed it
into a modern company with major restructuring.
In 2005, Colgate sold the under-performing brands Fab, Dynamo, Arctic
Power, ABC, Cold Power and Fresh Start, as well as the license of the Ajax
brand for laundry detergents in the U.S., Canada and Puerto Rico, to
Phoenix Brands, LLC as part of their plan to focus on their higher margin
oral, personal, and pet care products.
In 2006, Colgate-Palmolive announced the intended acquisition of Tom's of
Maine, a leading maker of natural toothpaste, for US $100 million.[7] Tom's
of Maine was founded by Tom Chappell in 1970.
Today, Colgate has numerous subsidiary organisations spanning 200
countries, but it is publicly listed in only two, the United States and India.
On October 25, 2012, the company announced it will cut more than 2,310
workers, or 6 percent of its workforce, by the end of 2016 in a push to make
the consumer products company more efficient.[8][9]
Educational and community involvement
In 1890, Madison University in New York State was renamed Colgate
University in honor of the Colgate family following decades of financial
support and involvement.[10]
The Colgate-Palmolive Company has sponsored a non-profit track meet
open to women of all ages. This event is called the Colgate Women's
Games. The Colgate Women's Games is the nation's largest amateur track
series open to all girls from elementary school through college. Held
at Brooklyn's Pratt Institute, competitors participate in preliminary meets
and semi-finals over five weekends throughout January. Finalists compete
for trophies and educational grants-in-aid from Colgate-Palmolive Company
at New York City's Madison Square Garden in February. For more than 20
years, the company supports the Starlight Children Foundation which is a
non profit organization dedicated to help seriously ill children and their
families. The mission is to help children to cope with pain, fear and isolation
through entertainment, family activities and education.(2012)
[edit]Ethical record
4. The Colgate-Palmolive Building at 300 Park Avenue, Manhattan, New York
City
The Ethical Consumer Research Association once recommended that its
readers do not buy Colgate because of its use of animal testing, though this
is no longer the case[citation needed]. In 2011, Colgate-Palmolive was one of the
first companies recognized by PETA (People for the Ethical Treatment of
Animals) under the new "working for regulatory change" category for
companies that test on animals only when mandated by government
regulations and are actively seeking alternatives to animal testing.[11]
In 2006 Colgate-Palmolive acquired an 84% stake in the ethical personal
care product manufacturer Tom's of Maine.[7][12]
Colgate-Palmolive, as a successor to The Mennen Company, is one of about
300 companies held potentially responsible for hazardous waste at
the Chemsolfederal Superfund site in Piscataway, New Jersey. Their
involvement in this site may have contributed to the contamination of an
estimated 18,500 cubic yards (14,100 m3) of soil with volatile organic
compounds (VOCs), PCBs, and lead off-site. A proposed $23 million
agreement with the government and state of New Jersey would require
Colgate-Palmolive and the other involved companies to pay for the cleanup
of this hazardous waste that is contaminating the soil as well as the
groundwater. The company completed a LEED Silver certified
manufacturing plant in Morristown, Tennessee in March 2008 which was
the first of its kind in the U.S. The new LEED silver certified plant in
Tennessee produces the Colgate Total toothpaste.
5. In 2011 the company chose to retain the use of triclosan in its market-
leading Total toothpaste range, despite withdrawing it from several other
product ranges, following concerns about triclosan's impact on health and
the environment.
Corporate governance
Current members of the board of directors of Colgate-Palmolive are:
John T. Cahill
Jill Conway
Ellen Hancock
David W. Johnson
Richard Kogan
Delano Lewis
Pedro Reinhard
Stephen Sadove
Chief Executive Reuben Mark retired July 1, 2007. Ian M. Cook, President
and CEO, replaced him.
Employment diversity
Colgate-Palmolive was named one of the "100 Best Companies for Working
Mothers" in 2004 by Working Mothers magazine. The 2012 Human Rights
Campaign "report card" on American businesses gave Colgate an A for its
support of diversity in the workplace.
Facilities
In the U.S., the company operates approximately 60 properties of which 14
are owned.[1] Major U.S. manufacturing and warehousing facilities used by
the oral, personal and home care segment of Colgate-Palmolive are located
in Morristown, New Jersey; Morristown, Tennessee; and Cambridge, Ohio.
The pet nutrition segment has major facilities in Bowling Green,
Kentucky; Emporia, Kansas; Topeka, Kansas;Commerce, California;
and Richmond, Indiana. The primary research center for oral, personal and
home care products is located in Piscataway, New Jersey and the primary
research center for pet nutrition products is located in Topeka, Kansas.
Overseas, the company operates approximately 280 properties of which 80
are owned in over 70 countries.[1] Major overseas facilities used by the Oral,
Personal and Home Care segment are located in Australia, Brazil, China,
6. Colombia, France, Guatemala, Italy, Mexico, Poland, South Africa,
Thailand, Venezuela and elsewhere throughout the world.
Colgate-Palmolive has closed or is in the process of phasing out production
at certain facilities under a restructuring program initiated in 2004 and has
built new state-of-the-art plants to produce toothpaste in the U.S., Mexico &
Poland.
Advertising
The iconic hand on the Palmolive dishwashing soap label belongs
to Elizabeth Barbour. The image is a highly illustrated photograph taken in
1985 when the Colgate-Palmolive Company updated the image, hiring
Barbour, then a hand model with the Ford Agency in New York City.
7. Board of Directors in Pakistan
Colgate's Board of Directors currently consists of following
members.
Iqbal Ali Lakhani (Chairman)
Amin Mohammad Lakhani
Tasleemuddin Ahmed Batlay
Jerome Graham Webb
Mukul Deoras
A. Aziz Ebrahim
B. Zulfiqar Ali Lakhani (Chief Executive)
Environmental, occupational Health and safety
The protection of the environment and the health and safety
8. of our customers, our people and the communities in which
we live and operate is an integral part of Colgate-Palmolive's
mission to become the best truly global consumer products
company. We are committed to conducting ourselves in a
socially responsible manner and to keeping our business
operations environmentally sound. It is our worldwide policy
to manufacture and market our products and operate our
facilities so that we comply with or exceed applicable
environmental rules and regulations. The health and safety
of our customers, our employees, and the communities in
which we operate must be paramount in all we do.
These concerns have been translated into the following
guiding principles:
Products
Colgate-Palmolive will provide the public with safe and
effective products and will strive to produce products that
have the lowest practical impact on the environment.
Packaging
To reduce the impact of our product packaging on the
environment, we will work to improve the environmental
compatibility of all our packaging materials. Colgate
endorses the worldwide hierarchy of solid waste
management: source reduction; recycling (including reuse);
incineration; and landfilling.
Facilities
Colgate-Palmolive is committed to the health and safety of
our employees and the communities in which we operate, as
well as the protection of the environment. We will establish
and maintain programs for the operation and design of our
facilities that meet or exceed applicable environmental,
health and safety laws and regulations.
Business
Colgate-Palmolive will consider environmental, health and
9. safety issues in all significant business transactions,
including acquisitions, divestitures, discontinuance of
operations, and entry into joint ventures. We will also act in
a responsible manner with respect to the environmental
protection of the lands under our management and
ownership.
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10. safety issues in all significant business transactions,
including acquisitions, divestitures, discontinuance of
operations, and entry into joint ventures. We will also act in
a responsible manner with respect to the environmental
protection of the lands under our management and
ownership.
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