Colgate-Palmolive is on a path to missing its approved Science-based Targets emissions by a factor of 7 when optional indirect use emissions are excluded.

In the next decade the consumer goods giant could be hit by a USD 2.1 billion increase in annual operating costs due to potential Carbon Pricing Mechanisms and water scarcity.

Planet Tracker’s latest analysis of CA100+ companies reveals that Unilever’s current emissions mitigation strategies are falling short of a 1.5°C pathway, missing emission targets set by the Science-Based Targets initiative (SBTi) by 45% when it comes to total GhG emissions, leaving it on track for a 2ºC warming scenario by 2030. The consumer goods giant is exposed to overall financial risk of 42% of its current three-year annual operating profit by the end of the decade, around USD 4.4 billion.