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Procter & Gamble Unveils New Sustainability Vision

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CINCINNATI—The Procter & Gamble Company has unveiled its long-term environmental sustainability vision. As part of P&G’s strategy to grow responsibly, the company will work towards a long-term environmental sustainability vision that includes: powering its plants with 100 percent renewable energy; using 100 percent renewable or recycled materials for all products and packaging; having zero consumer and manufacturing waste go to landfills; and designing products that delight consumers while maximizing the conservation of resources.

The new vision provides P&G with a long-term framework to guide all sustainability decisions and goal-setting within the organization.
 
“Accelerating P&G’s commitment to environmental sustainability is a critical component of the company’s ongoing purpose inspired growth strategy to improve more consumers’ lives in more parts of the world more completely,” said Bob McDonald, P&G chairman of the board, president and CEO. “We’re announcing this vision and these goals because we believe in the power of P&G’s purpose, and our responsibility as a company to be a force for good in the world.”

Series of Long-term Goals

To enable the company to track progress against its long-term sustainability vision, P&G will implement a series of 10-year sustainability goals. As this vision will take decades to achieve, these near-term goals will be used to focus company efforts, incrementally improve the organization’s environmental performance, and hold P&G accountable against its stated, long-term sustainability vision. The first set of 10-year sustainability goals will be delivered by 2020.

These sustainability goals are in addition to the company’s existing 2012 goals. As with its current practice, P&G will report progress against these goals on an annual basis.

P&G’s 2020 sustainability goals include: replace petroleum-based materials with sustainably sourced renewable materials (25 percent reduction versus 2010 baseline); offer cold water washing in 70 percent of total washing machine loads; reduce packaging (20 percent reduction versus 2010 baseline); reduce consumer solid waste (pilot studies in both developed and developing markets to understand how to eliminate landfilled/dumped consumer solid waste); renewable energy powering plants (30 percent goal); and reduce manufacturing waste to <0.5 percent disposed.

“P&G’s commitment to sustainability can have a major influence on transforming the marketplace and we are pleased to have worked with them on their new sustainability vision, said Carter Roberts, CEO and president, World Wildlife Fund U.S. “By engaging with major companies like P&G, we can have broad and lasting impact on our conservation objectives. We look forward to continuing our work with P&G to achieve goals around renewable materials, packaging, forestry, energy and water, and to support WWF’s on-the-ground conservation projects.”

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