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The Clorox Company (NYSE: CLX) is a globally recognized brand with a diverse portfolio of products that have become household names. Headquartered in Oakland, California since 1913, Clorox is renowned for its commitment to championing everyday wellness and sustainability. The company manufactures and markets cleaning supplies, laundry care products, trash bags, cat litter, charcoal, food dressings, water filtration solutions, and natural personal care products across more than 100 countries.
Clorox holds a significant market share with iconic brands such as Clorox® bleach and cleaning products, Ayudín® and Poett® home care products, Pine-Sol® dilutable cleaner, Fresh Step® cat litter, Kingsford® charcoal, Hidden Valley® and K C Masterpiece® dressings and sauces, Brita® water filtration products, Glad® bags, wraps, and containers, and Burt's Bees® natural personal care products. The company’s products are manufactured in over two dozen countries and marketed internationally.
Recently, Clorox has focused on operational recovery and growth despite challenges, such as a cyberattack in August 2023. The company reported strong recovery and rebuilding efforts, reflecting in its second and third-quarter fiscal results for 2024. Additionally, Clorox continues to innovate and invest in sustainability, achieving milestones like zero-waste-to-landfill status for its plants in Asia and the Middle East.
Strategic moves include divesting its Argentina operations to focus on core businesses, supporting its IGNITE strategy. Clorox’s financial outlook remains robust, with ongoing investments in digital capabilities and productivity enhancements expected to yield significant cost savings and operational efficiencies.
Clorox’s dedication to ESG (Environmental, Social, and Governance) principles has earned it top rankings in sustainability lists. The company remains committed to driving profitable growth while making a positive impact on the environment and society.
CloroxPro's Clorox EcoClean Disinfecting Wipes have won the 2024 ISSA Environment & Sustainability Innovation of the Year Award at the ISSA Show in Las Vegas. The newly launched wipes feature EPA Design for the Environment (DfE)-certified ingredients and a 100% plant-based substrate with citric acid as the active ingredient. The product kills 99.9% of illness-causing germs, including Norovirus, cold & flu viruses, E. coli, MRSA, and COVID-19.
The wipes are part of the broader EcoClean portfolio, which uses 25% post-consumer recycled plastic packaging and supports facilities in meeting various sustainability certifications, including LEED and ISSA CIMS - Green Building standards.
CloroxPro's Clorox EcoClean Disinfecting Wipes have won the 2024 ISSA Environment & Sustainability Innovation of the Year Award at the ISSA Show in Las Vegas. The newly launched wipes feature EPA Design for the Environment (DfE)-certified ingredients and a 100% plant-based substrate with citric acid as the active ingredient.
The product kills 99.9% of illness-causing germs, including Norovirus, cold & flu viruses, E. coli, MRSA, and COVID-19. Made with 25% post-consumer recycled plastic packaging, these wipes support facilities in meeting various sustainability goals, including LEED and ISSA CIMS - Green Building requirements. The wipes expand CloroxPro's EcoClean portfolio, which includes Disinfecting Cleaner, All Purpose Cleaner, and Glass Cleaner.
The Clorox Company (NYSE: CLX) announced the election of Stephen Bratspies and Pierre Breber to its board of directors. Bratspies, 57, former CEO of Hanesbrands, brings operational and marketing expertise from leadership roles at Walmart, Specialty Brands, and PepsiCo. Breber, 60, former CFO of Chevron, contributes financial expertise and experience in strategic transformation. The appointments follow the departure of three board members - Amy Banse, Paul Parker, and Kathryn Tesija, bringing the total board size to 11 members. Bratspies will serve on the Audit committee, while Breber will join both the Audit and Nominating, Governance and Corporate Responsibility committees.
Clorox (NYSE: CLX) has announced a quarterly dividend payment of $1.22 per share on its common stock. The dividend will be paid on February 14, 2025, to shareholders who are on record as of January 29, 2025. The company highlighted its consistent track record of providing shareholder value through regular dividend payments and yearly dividend increases.
The Clorox Company Foundation released its annual report highlighting its community impact initiatives. The foundation, established in 1980, focuses on youth development through literacy and STEM programs, while also supporting racial and environmental justice initiatives. Employee engagement has been significant, with over half of teammates participating in the GIFT campaign and contributing volunteer hours. The foundation provides disaster relief support and emphasizes community well-being through various programs, staying aligned with Clorox Company's purpose of helping people thrive.
The Clorox Company highlights Danielle Chan, a senior analyst on the Burt's Bees sales team, through their Change Makers initiative. Chan was recognized for her leadership in the NextGen organization and successful implementation of the Reverse Mentorship Program. The program aims to bridge generational gaps in the workforce and amplify young professionals' voices within the organization.
Chan emphasizes the importance of IDEA (Inclusion, Diversity, Equity, and Allyship) in building an inclusive workplace where employees feel empowered to share their perspectives regardless of their position level. Her approach focuses on creating safe spaces, active listening, and taking concrete actions to support inclusive environments.
The Clorox Company (NYSE:CLX) has announced a strategic partnership with Manufacture 2030 (M2030) to help suppliers meet carbon reduction targets and advance towards net-zero emissions by 2050. The program will focus on measuring, managing, and reducing carbon emissions throughout Clorox's value chain.
The initiative will be gradually implemented with strategic raw materials and packaging suppliers, representing over half of Clorox's scope 3 emissions. M2030's platform will enable suppliers to track progress, share data with other customers, and export information for Carbon Disclosure Project (CDP) submissions.
This partnership aligns with Clorox's IGNITE strategy and environmental goals, including their 2030 science-based targets and commitment to achieving net-zero GHG emissions by 2050.
Clorox (NYSE: CLX) has announced a strategic partnership with Manufacture 2030 (M2030) to advance its climate action goals and help suppliers meet carbon reduction targets. The program will focus on measuring, managing, and reducing carbon emissions throughout Clorox's value chain, targeting suppliers of strategic raw materials and packaging that represent over half of the company's scope 3 emissions.
Through M2030's platform, suppliers can track progress, share data with customers, and export information to the Carbon Disclosure Project (CDP). This initiative supports Clorox's commitment to achieving net-zero emissions by 2050 and aligns with their science-based targets for 2030. The partnership emphasizes sustainable business practices and environmental impact reduction through collaborative industry efforts.
The Clorox Company highlights Amin El-Hajj, a Dubai-based sales manager, in their Change Makers initiative, which recognizes employees who promote diversity and inclusion. Nominated by associate sales manager Vinay Tejwani, Amin is praised for fostering inclusivity in a predominantly Arabic-speaking team by ensuring language accessibility and advocating for team members' needs. The initiative emphasizes Clorox's commitment to building a workplace where every employee feels respected and valued, with a focus on active allyship and creating an environment that encourages open communication and diverse perspectives.
Kingsford announces the 'King of The Tailgate' contest featuring NFL player Jason Kelce. From now until November 21, 2024, fans can participate by sharing their game day grilling experiences. Two grand prize winners will receive a trip for two to the San Francisco 49ers game on December 30, 2024, including a meet-and-greet with Kelce and game tickets. Additionally, five runners-up will win a tailgate-at-home package including a grill, charcoal, tools, premium cooler, and customized overalls. The contest is part of Kingsford's season-long tailgating celebration, which has included tour stops at college football games nationwide.