This lip balm does have a mild cooling sensation. But it doesn't freeze you lips or make them uncomfortable. The cooling sensation is very mild. If you're interested in knowing what's in this lip balm then here is the ingredient list.
Ingredient List;
Olea Europeae (Olive) Fruit Oil, Beeswax, Theobroma Cacao (Cocoa) Seed Butter, Butyrospermum Parkii (Shea) Butter, Riicinus Communis (Castor) Seed Oil, Pentaerythrityl Tetraisostearate, Caprylic Capric Triglyceride, Stearalkonium Hectorite, Propylene Carbonate, Palmitoyl Hexapeptide-12, Simmondsia Chinensis (Jojoba) Seed Oil, Tocopheryl Acetate (Vitamin E), Lonicera Caprifolium (Honeysuckle) Flower Extract, Menthoxypropanediol, Tetrahexyldecyl Ascorbate (Vitamin C), Vanillyl Butyl Ether, Garcinia Mangostana (Mangosteen) Fruit, Flavor