Colgate Palmolive Defends DEI Criteria for Board Selection Against Shareholder Pressure

Colgate Palmolive will ask investors to reject a proposal to remove diversity criteria from board selection. The firm says global markets require diverse views.

Insights:
Colgate-Palmolive Company has notified the National Legal and Policy Center (NLPC) that it will ask shareholders to vote against an NLPC shareholder proposal seeking to remove diversity, equity and inclusion (DEI)-related criteria from the company’s board selection process. On February 24, 2026, the company confirmed its intention to defend these criteria in its governance and proxy materials. This decision comes at a time when several other major corporations in the US USUS have begun to roll back or reconsider their own DEI policies.
Colgate products are displayed on a shelf in a supermarket in Sarajevo, Bosnia and Herzegovina, October 29, 2024. REUTERS/Dado Ruvic
Colgate products are displayed on a shelf in a supermarket in Sarajevo, Bosnia and Herzegovina, October 29, 2024. REUTERS/Dado Ruvic
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