CHURCH & DWIGHT CO INC /DE/
For the period ended May 1, 2025. Filed Mar 20, 2025.
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May 1, 2025 · Filed Mar 20, 2025
Contents
SUSTAINABILITY STRATEGY
We believe that sustainability is critical to the health of the communities in which we operate, contributes to a better world, benefits our business both financially and operationally and contributes to growth and profitability while making a meaningful and positive impact. Each year we publish a Sustainability Report that discloses our business and corporate responsibility commitments and details our sustainability performance metrics and targets and other components of our sustainability efforts. Our 2023 Sustainability Report is available on our web site at https://churchdwight.com/pdf/Sustainability/2023-Sustainability-Report.pdf, and our 2024 Sustainability Report will be available in April 2025 (collectively, the “Sustainability Reports”). References to our Sustainability Reports are for informational purposes only and neither the Sustainability Reports nor the other information on our website is incorporated by reference into this Proxy Statement.
The following six pillars are the core focus of our sustainability efforts. Each is supported through our Governance practices, which are intended to maintain a system of rules and practices that determine how we operate and align the interests of our stakeholders in support of ethical business practices and financial success.
| • | Our Brands: Delight consumers with our brands and contribute toward a more sustainable world. |
| • | Products: Provide safe and effective products for consumers and the environment. |
| • | Packaging: Utilize consumer friendly and environmentally responsible packaging. |
| • | Employees and Communities: Embrace a mindset of inclusivity for all, good corporate citizenship and social responsibility within our communities. |
| • | Environment and Climate Change: Minimize environmental impact of our global operations, with a focus on increased renewable energy usage, reduced water consumption, greenhouse gas emissions and solid waste to landfills. |
| • | Responsible Sourcing: Improve our suppliers’ environmental, labor, health & safety and ethical practices. |
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CORPORATE GOVERNANCE
Environmental
We strive to minimize the impact of our expanding global operations and to meet the challenge of managing our environmental footprint. Our environmental priorities include providing effective products that are safe for our consumers, the animals they care for and the environment, utilizing consumer friendly and environmentally responsible packaging, reducing greenhouse gas (GHG) emissions and water usage, recycling solid waste and improving our suppliers’ environmental practices.
We have a goal to achieve carbon neutral status for our owned and controlled global operations by the end of 2025 through GHG reduction programs, green electricity renewable energy credits (RECs), and purchased carbon credits. We established science-based targets that were approved by the Science-Based Targets Initiative in 2022. These targets take into account the level of carbon reduction needed to meet the goals set forth in the Paris Agreement. In addition, we improved overall recyclability across our broad portfolio of products and have a goal to increase Post-Consumer Recycled plastic by the end of 2025. We report our progress towards our goals in our Sustainability Reports.
Our operations are subject to federal, state, local and foreign laws, rules and regulations relating to environmental concerns, including air emissions, wastewater discharges, solid and hazardous waste management activities, and the safety our employees. We endeavor to take actions necessary to comply with such regulations. These steps include periodic environmental and health and safety audits of our facilities. The audits, conducted by independent firms with expertise in environmental, health and safety compliance, include site visits at each location, as well as a review of documentary information, to determine compliance with such federal, state, local and foreign laws, rules and regulations.
Social
Our Social focus areas are driven by our goals of delighting consumers with our brands through our contributions to sustainability which we believe contribute to a better world, improving our suppliers’ labor, health & safety, environmental and ethical practices, and supporting our employees and communities—all to create a stronger, more resilient company. In their everyday work, our employees embody our commitments to integrity, quality, and innovation, and in doing so, directly contribute to our long-standing character and reputation.
Employee safety and wellness remain two of our highest priorities. We administer company-wide policies designed to ensure the safety of each team member and compliance with Occupational Safety and Health Administration (OSHA) and local standards. We embrace our employees across all dimensions and believe that an inclusive workforce fosters innovation and promotes an environment filled with unique perspectives. We strive to cultivate a culture and processes that support and enhance our ability to recruit, hire, develop and retain our talent at every level based on merit. We do not discriminate in our recruiting, hiring, or promotion on the basis of protected class characteristics or conditions. We encourage our employees to become involved in their communities through our Employee Giving Fund, which supports charitable organizations where our employees work and live, and The Church & Dwight Philanthropic Foundation (the “Foundation”) which is focused on helping to create educational and employment opportunities and advancing environmental preservation. The Employee Giving Fund and the Foundation are administered by our employees.
Governance
Our sustainability governance focus includes the processes, rules, resources and systems in support of our operational, sustainability efforts. The Council, comprised of senior executives representing all our key functional areas, guides the integration of sustainability within all parts of our business and drives continuous improvement in our sustainability approach and performance. The Council takes the lead in defining and implementing our sustainability strategy across our six pillars. Its duties include allocating resources to appropriately address sustainability issues; reporting on our progress to drive continuous improvement in our sustainability approach and performance; and monitoring, prioritizing and addressing evolving standards and stakeholder
requirements
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CORPORATE GOVERNANCE
Our Board of D
irectors, acting principally through its Governance, Nominating & Corporate Responsibility Committee, oversees our sustainability program and sustainability efforts, including our climate change policies and programs. The Governance, Nominating & Corporate Responsibility, the Compensation & Human Capital and Audit Committees each focuses on specified areas of sustainability, including compliance and ethics, and human capital. Our General Counsel and Independent Lead Director are responsible for ensuring that stockholder requests, recommendations and proposals are evaluated by the Governance, Nominating & Corporate Responsibility Committee, additional committees within the Board as appropriate, and then by the Board of Directors, if needed. Our Board also reviews the results of our periodic employee engagement surveys and has oversight over our planned response strategy.
As described in our Sustainability Reports, our continued progress in key areas of sustainability has earned recognition from various third parties.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.