MoreCINCINNATI, Sept. 27, 2010 – The Procter & Gamble Company (NYSE:PG) today accelerates its commitment to sustainability by unveiling a 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:
“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 Chief Executive Officer. “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.”
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.
- Powering its plants with 100% renewable energy
- Using 100% renewable or recycled materials for all products and packaging
- Having zero consumer and manufacturing waste go to landfills
- Designing products that delight consumers while maximizing the conservation of resources
“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 Chief Executive Officer. “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.”
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.
