Giving the World Reasons to Smile - Colgate
Giving the World Reasons to Smile - Colgate
Giving the World Reasons to Smile - Colgate
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Message from CEO n Profile n Strategy n Highlights n Awards n People n Performance n Planet n Emerging Markets n Suppliers n Partnerships n KPI n GRI Index<br />
Additional 2010 business<br />
highlights can be found<br />
in <strong>Colgate</strong>’s 2010 Annual<br />
Report.<br />
In Norway, Sweden and<br />
Finland, almost all C-P<br />
cleaners are now uniquely<br />
formulated <strong>to</strong> meet <strong>the</strong><br />
criteria of <strong>the</strong> region’s<br />
Nordic Swan Ecolabel. The<br />
label evaluates a product’s<br />
impact on <strong>the</strong> environment<br />
throughout <strong>the</strong><br />
whole lifecycle.<br />
In <strong>the</strong> U.S., many of <strong>Colgate</strong>’s<br />
Home Care products<br />
have been certified <strong>to</strong> use<br />
<strong>the</strong> EPA’s “Design for Environment”<br />
logo, limited <strong>to</strong><br />
products that meet stringent<br />
criteria for human<br />
and environmental health.<br />
These include a number of<br />
variants of Fabuloso cleaners,<br />
Palmolive dishwashing<br />
liquids, Murphy Oil Soap<br />
cleaner and Ajax cleaners<br />
and cleansers.<br />
Financial Strength<br />
As previously reported, 2010 was ano<strong>the</strong>r year of double-digit earnings-per-share growth<br />
despite difficult economic conditions around <strong>the</strong> world. <strong>Colgate</strong>’s global market shares in<br />
<strong>to</strong>othpaste and manual <strong>to</strong>othbrushes both ended <strong>the</strong> year at record highs.<br />
Sales rose 1.5% in 2010 <strong>to</strong> an all-time record level of $15.564 billion.<br />
Net Sales ($ millions)<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
Product Integrity<br />
$12,238<br />
$13,790<br />
t 22 of 57 u<br />
$15,330<br />
$15,327<br />
$15,564<br />
Performance at <strong>Colgate</strong> is grounded in <strong>the</strong> integrity of <strong>the</strong> Company’s products—what<br />
<strong>the</strong>y contain, how well <strong>the</strong>y work, how <strong>the</strong>y improve <strong>the</strong> lives of <strong>Colgate</strong> consumers and<br />
how <strong>the</strong>y help grow <strong>the</strong> business. Research shows that consumers consider value, trust,<br />
care for consumers and environmental impacts of products <strong>the</strong>y purchase.<br />
While <strong>the</strong> trend <strong>to</strong>ward environmentally conscious purchasing decisions is more mature<br />
in developed markets, research indicates <strong>the</strong> developing world is increasingly aware<br />
of environmental issues. <strong>Colgate</strong> believes it has a responsibility – and an opportunity – <strong>to</strong><br />
provide products that address consumer priorities, including quality, affordability and<br />
environmental considerations.