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Procter & Gamble Unveils New Sustainability Vision

P&G will implement a series of 10-year sustainability goals.

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By: Jamie Matusow

Editor-in-Chief

The Procter & Gamble Company (NYSE: PG) has announced an acceleration to 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:

-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

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 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.

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