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August 21, 2023

Procter & Gamble and Colgate-Palmolive questioned over transition plans

Overhead view of ships docked at a container port
Planet Tracker says Colgate-Palmolive has failed to mention how it approaches upstream Scope 3 activities in its transition plan (Photo: Rimidolove/Envato)

Planet Tracker’s analysis of leading fast-moving consumer goods companies is accompanied by a warning that investors risk being led astray by greenwashing.

Procter & Gamble and Colgate-Palmolive are “far behind” goals set by the Paris Agreement, says Planet Tracker, accusing the companies of potentially misleading investors with transition plans that are not credible.

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