OAKLAND, Calif., Oct. 6, 2023 /PRNewswire/ — The Clorox Company (NYSE: CLX) today released its fiscal year 2023 Integrated Annual Report, showcasing performance and progress against its IGNITE strategy in driving transformation, growth and long-term shareholder value, all aligned with its purpose and values.

The Clorox Company today released its fiscal year 2023 integrated annual report, showcasing performance and progress.

Highlighting the company’s 110th year of business and operational performance, the report details how the company generated record-high revenue and maintained total company market share through IGNITE and its integrated environmental, social and governance, or ESG, goals. Highlights include:

• Fuel Growth: Delivering cost savings above the IGNITE goal of 175 basis point EBIT margin accretion, helping to rebuild margin back to pre-pandemic levels, and integrating strategic choices, such as reducing plastic and other waste, to drive cost savings and sustainability goals.
• Innovate Experiences: Launching innovations, many of which have environmental sustainability attributes, across all major brands and hitting all-time high return on marketing investments.
• Reimagine Work: Investing in the company’s digital transformation and new operating model to create a more inclusive, consumer-obsessed, faster and leaner company.
• Evolve the Portfolio: Maintaining a portfolio with 60% of its brands deemed superior value, a testament to strong, trusted brands and the commitment to meet the diverse needs of today’s consumers.
• Sustainability: Achieving 88% of the 2025 circular economy goal for 100% recyclable, reusable or compostable packaging and maintaining 100% electricity from renewable energy for U.S. and Canada operations, which helped accomplish its 2030 scopes 1 and 2 science-based target. Advancing product stewardship and employee wellbeing efforts to support healthier lives.

“Our integrated annual report reflects our journey toward a stronger, more resilient future where we champion people to be well and thrive every single day,” said Clorox CEO Linda Rendle. “We are proud of the progress we’ve made through our IGNITE strategy and are optimistic about the opportunities ahead. This report is a testament to our teammates around the globe who delivered our strong fiscal year 2023 performance and our continued commitment to our stakeholders and our planet.”

The full version of the integrated annual report, available as an interactive PDF online at thecloroxcompany.com/annualreport, includes a graphic documenting the company’s value creation process, financial statements, an ESG materiality overview, and ESG reporting against Sustainability Accounting Standards Board’s standards, and the Task Force on Climate-Related Financial Disclosures. It also documents how the company’s ESG priorities support the U.N. Sustainable Development Goals. An executive summary of the report is published online in English and Spanish as well.

About The Clorox Company

The Clorox Company (NYSE: CLX) champions people to be well and thrive every single day. Its trusted brands, which include Brita^®, Burt’s Bees^®, Clorox^®, Fresh Step^®, Glad^®, Hidden Valley^®, Kingsford^®, Liquid-Plumr^®, Pine-Sol^® and Natural Vitality^®, can be found in about nine of 10 U.S. homes and internationally with brands such as Ayudin^®, Clorinda^®, Chux^® and Poett^®. Headquartered in Oakland, California, since 1913, Clorox was one of the first U.S. companies to integrate ESG into its business reporting. Visit thecloroxcompany.com to learn more.

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Forward-Looking Statements

Gamble Company’s interest in the Glad business; environmental matters, including costs associated with the remediation and monitoring of past contamination, and possible increases in costs resulting from actions by relevant regulators, and the handling and/or transportation of hazardous substances;  the company’s ability to effectively utilize, assert and defend its intellectual property rights, and any infringement or claimed infringement by the company of third-party intellectual property rights; the performance of strategic alliances and other business relationships; the effect of the company’s indebtedness and credit rating on its business operations and financial results and the company’s ability to access capital markets and other funding sources, as well as the cost of capital to the company; the company’s ability to pay and declare dividends or repurchase its stock in the future; the impacts of potential stockholder activism; and risks related to any litigation associated with the exclusive forum provision in the company’s bylaws.

The company’s forward-looking statements in this press release are based on management’s current views, beliefs, assumptions and expectations regarding future events and speak only as of the date of this press release. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by the federal securities laws.

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SOURCE The Clorox Company