Clorox Co Del Stock Price, News & Analysis

Clorox (CLX) has been recognized as a Frontrunner in the seventh Chemical Footprint Project Report by Clean Production Action. The company achieved this status by scoring over 80 points in the organization's survey, joining 11 other companies in this distinction. The assessment evaluated four key areas: management strategy, chemical inventory, footprint measurement, and disclosure and verification.

Since 2021, Clorox has participated in the Chemical Footprint Project to evaluate its domestic retail and professional cleaning product portfolios. The initiative helps companies measure and disclose data about product chemistries, demonstrating Clorox's commitment to chemical management transparency and safer alternatives.

Clorox commemorates Human Rights Day by highlighting its commitment to human rights and sustainable partnerships. The company has enhanced its supplier relationship management by implementing stronger environmental and social sustainability criteria in scorecards and contracts with priority suppliers, ensuring adherence to their Business Partner Code of Conduct.

The company continues to collaborate with various organizations including Action for Sustainable Derivatives, AIM-Progress, Earthworm Foundation, Global Shea Alliance, Responsible Mica Initiative, and Sustainable Coconut Partnership to advance social and environmental impact throughout their supply chain.

These initiatives reflect Clorox's dedication to fostering thriving communities through increased transparency and expanding their impact beyond their immediate operations.

Clorox has introduced the Helping Hands Award to recognize employees who volunteer in their communities. The first recipient is Dan Kellenberger, vice president and general manager of CloroxPro, who has been volunteering for 23 years since joining the company.

Kellenberger shares his experience working with organizations like the Alameda County Community Foodbank and Humble Design, which helps furnish homes for families transitioning from homelessness. He emphasizes that volunteering is integrated into professional responsibilities at Clorox Professional, where they actively encourage employees to support causes that matter to them.

Clorox has reported significant innovation achievements in 2024, reaching its 2025 goal of knowing 100M consumers ahead of schedule. The company implemented AI and data cloud technologies, reducing innovation discovery cycle time by 50% through its Digital Core platform.

Key developments include new collaborations with Walmart and Instacart for enhanced shopping experiences, and innovations across seven major brands including Burt's Bees, Clorox, and Glad. The company deployed a centralized cloud solution for first-party data management and enhanced personalized marketing.

While advancing sustainability initiatives, Clorox faced challenges including a cyberattack that impacted their 2030 plastic and waste reduction goals. The company continues to work with industry groups and supports Extended Producer Responsibility for global waste management.

Brita, a Clorox Company brand, is actively addressing water safety concerns through partnerships with U.S. municipalities affected by lead contamination. With over 280 partnerships nationwide, Brita provides Elite filters that remove 99% of lead from drinking water. The initiative, launched in 2019, helps communities access safer water while infrastructure upgrades are pending. A notable example includes collaboration with Cook County, Chicago, distributing over 80,000 coupons for free Brita Elite filters to Medicaid enrollees. The EPA estimates 9.2 million lead service lines remain active across the country, posing significant health risks, particularly to young children.

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.