The Procter & Gamble Co., Cincinnati, Ohio, USA, has announced a "commitment to sustainability" by unveiling a long-term environmental sustainability vision. As part of P&G's strategy to grow responsibly, the company says it will work towards a long-term environmental sustainability vision that includes:
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," says Bob McDonald, P&G chairman, 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."
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. More information about P&G’s sustainability vision is available online.
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