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P&G Announces Progress Toward Long-Term Vision In Annual Sustainability Report

Stocks in this article: PG

Today the Procter & Gamble Company (NYSE:PG) released its 14 th annual Sustainability Report, demonstrating its commitment to making everyday life better for people around the world through an integrated approach to environmental and social responsibility. The report includes the Company’s sustainability results from the past Fiscal Year, announcing absolute reductions in its energy, waste, water and CO 2 manufacturing footprints over the past five years.

“P&G's commitment to environmental and social sustainability is unwavering,” said P&G Chairman, President and CEO Bob McDonald. “From our founding, we have invested in the communities where we sell our products, and we have embraced the responsibility of ethical and sustainable operations. To grow and thrive for another 175 years requires us to accelerate our sustainable innovation and resource efficiency so that we have less environmental impact and, at the same time, continue to invest in our communities to help create the conditions for future growth.”

The report published today shares specific progress in P&G’s sustainability focus areas of Products, Operations, and Social Responsibility. Highlights from this year’s report include:

Launching Pilot in the Philippines to Address Global Issue of Waste

After conducting a comprehensive study in the Philippines, with the cooperation of government stakeholders, P&G designed an integrated, profitable and replicable waste management business model that extracts value from materials that would otherwise be thrown away. In partnership with the Asian Development Bank, P&G is working to pilot this self-sustaining model in the Philippines beginning in 2013.

Eliminating Maternal and Neonatal Tetanus in Six Countries

The Pampers “One Pack = One Vaccine” partnership with UNICEF has been providing vaccines against Maternal and Neonatal Tetanus (MNT) for more than five years. The disease takes the life of a baby every nine minutes, but is easily preventable by a vaccine. With help from Pampers, six African countries have been validated by the World Health Organization as having eliminated MNT — Burkina Faso, Ghana, Guinea Bissau, Liberia, Senegal and Uganda.

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