Business Wire

OH-PROCTER-&-GAMBLE

Share
P&G Accelerates Action on Climate Change Toward Net Zero GHG Emissions by 2040

Procter & Gamble (NYSE:PG) is announcing a comprehensive plan to accelerate action related to climate change. P&G has also set a new ambition to achieve net zero greenhouse gas (GHG) emissions across its operations and supply chain, from raw material to retailer, by 2040 as well as interim 2030 goals to make meaningful progress this decade.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210914005927/en/

The climate crisis affects every home and family, everywhere in the world. The majority of consumers globally now want brands they buy to help them live a more environmentally conscious lifestyle and the latest science has made it clear that urgent, decisive action must be taken to avoid the worst impacts of climate change.

“We are fully committed to use P&G’s innovation and ingenuity to unlock new solutions to address climate change,” said David S. Taylor, Chairman, P&G President and Chief Executive Officer. “The task ahead of us is urgent, difficult and much bigger than any single company or country. P&G is tackling these challenges head-on by reducing our footprint and leveraging our scale to foster unprecedented collaboration across our value chain.”

P&G’s actions on climate began over a decade ago, and we know there is more work to do. Our science-based plan to net zero will prioritize cutting most of our emissions across our operations and supply chain, from raw material to retailer. For residual emissions in these categories that cannot be eliminated, we will use natural or technical solutions that remove and store carbon.

Our 2030 goals to pace our progress toward net zero were submitted to The Science Based Targets initiative (SBTi) :

  • Reducing emissions across our operations by 50%
  • Reducing emissions across our supply chain by 40%1

We have joined the UN’s Race to Zero and the Business Ambition for 1.5°C campaigns and are also sharing our new Climate Transition Action Plan , which outlines a comprehensive approach to accelerating climate action and the key challenges ahead. More perspective is available here . We will continue to communicate our successes and setbacks along the way so others can learn with us and advance collective progress.

“While no one has all of the answers on how to bring a net zero future into focus, we will not let uncertainty hold us back,” said Virginie Helias, P&G Chief Sustainability Officer. “To achieve these goals, we will leverage existing solutions and seek transformative new ones that are not available in the marketplace today. This will require partnership across the private, nonprofit, and public sectors and involve every aspect of our business, from the very beginning of our products’ lifecycle to the very end.”

Acting with Urgency to Reduce Emissions

Our top priority is to significantly reduce GHG emissions as quickly as possible with solutions that exist today.

  • Reducing emissions across our operations. From 2010 to 2020 we have reduced absolute emissions across our global operations 52% through energy efficiency and renewable electricity. As we continue to reduce emissions, we are also advancing natural climate solutions to balance any remaining emissions from our operations that cannot be eliminated by 2030. These include new projects that help protect and restore forests and other ecosystems essential to the people and wildlife that call them home.
  • Accelerating renewable electricity. We are nearing our 2030 goal of purchasing 100% renewable electricity by already purchasing 97% globally. In 2021, the United States Environmental Protection Agency recognized P&G as #5 on its National Top 100 list of green power users and #2 on its Top 30 list for on-site renewable power generation nationwide, making us top-rated in the consumer products industry.
  • Decarbonizing our supply chain and logistics. Our supply chain and logistics emissions from raw material to retailer are about 10 times that of our operations and we have set a goal to reduce emissions 40%1 by 2030. We are also planning to increase transportation efficiency of outbound finished products 50% by 2030. Pampers is actively working with suppliers to reduce their carbon footprint and avoided an estimated one million metric tons of GHG from the production of its materials over the past five years. P&G established a new Product Supply Innovation Center (PSIC) in Kronberg, Germany as a hub for a network of local suppliers, tech companies, and top universities, developing solutions that are global and scalable to help decarbonize our supply chain.

Tackling Challenges by Inventing New Solutions

We know there are some operational emissions we cannot eliminate yet and our teams are working hard to develop the next generation of low-carbon technologies and materials. Our efforts in this area include:

  • Leveraging renewable thermal energy. We use geothermal, solar, and renewable steam at some manufacturing sites, but continuing to reduce emissions will require more innovation. We have partnered with the World Wildlife Fund, manufacturers, and local governments to create the Renewable Thermal Collaborative to identify and scale renewable, cost-competitive thermal energy solutions. “Thermal energy represents a significant challenge for many industries as they chart a path towards net zero,” said Marcene Mitchell, Senior Vice President, Climate Change, World Wildlife Fund. “The Renewable Thermal Collaborative can help unlock sustainable, scalable solutions that cut emissions. P&G is a founding member of the RTC and has shown strong leadership in this space.”
  • Advancing low-carbon technologies, materials, and packaging. To unlock new ways to decarbonize our supply chain, we are partnering to advance innovation in materials derived from renewable, bio-based, or recycled carbon across brands including Head & Shoulders, Pantene, Ariel, Tide and Pampers.
  • Exploring Ingredients made from captured CO2 . Our Tide brand is working with Twelve, a Silicon Valley start-up, to explore their carbon capture technology to incorporate CO2 from emissions into ingredients that could be used across Tide.

Creating a Decarbonized Future Through Transformative Collaboration

We are going beyond our net zero ambition and doing more to make a collective impact - partnering with consumers to reduce GHG emissions from the use phase of products, creating alliances for carbon-efficient homes, and advocating for policy solutions to decarbonize energy infrastructure. Our efforts here include:

  • Making sustainability effortless at home. P&G and its brands will continue to provide consumers with tools and information on how small actions at home can make a world of difference for the planet .
  • Reducing 15 million tons of carbon through cold water washing, and accelerating impact with an additional 30 million tons by 2030. We have leveraged innovation and sustained consumer education to help reduce the largest portion of our carbon footprint – the energy needed to heat water during product use. P&G brands Tide and Ariel have helped consumers increase their use of low-energy laundry cycles to avoid roughly 15 million metric tons of carbon dioxide. Tide and Ariel continue to drive greater use of cold water washing through new education campaigns to help avoid an additional 30 million tons of carbon emissions by 2030 – more than ten times that of P&G’s yearly global operations.
  • Creating the home of the future. We are advancing solutions to make everyday living more sustainable, with industry partners via the 50L Home Coalition . By helping people reduce hot water use without trade-offs, the Coalition is creating more efficient homes that can use 10 times less water than most use today.

“Caring for our consumers and our planet is core to all of us at P&G,” Taylor added. “There is no action too small, and no vision too big, as we all work together to preserve our shared home for generations to come.”

For more detailed information about P&G’s commitments and progress, please see P&G’s Climate Transition Action Plan and blog . To learn more about P&G’s ESG efforts, visit the ESG website or read the 2020 Citizenship Report .

About Procter & Gamble

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at www.pg.com/news .

Forward-Looking Statements

Certain statements in this release, including statements relating to our climate and related ESG targets, estimates, projections, goals, commitments, and expected results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words “believe” “project” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” “goal," “target,” “objective,” and similar expressions. Forward-looking statements speak only as of the date they are made and are based on current expectations and assumptions, which are subject to risks and uncertainties that may cause results and outcomes to differ materially from those expressed or implied in the forward-looking statements. Some of these uncertainties are summarized in the section of our Climate Transition Action Plan titled, “Sources of Uncertainty.” For additional information concerning factors that could cause actual results and events to differ materially from those projected herein, please refer to our most recent 10-K, 10-Q and 8-K reports. We undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise, except to the extent required by law.

1 Our Scope 3 2030 goals, submitted to SBTi, are as follows:

  • Reducing supply chain emissions from priority categories by 40% per unit of production by 2030. P&G priority categories account for over 90% of P&G’s supply chain emissions.
  • Reducing global upstream finished product freight emissions intensity by 50% by 2030.

Link:

ClickThru

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

SCENTMATIC's AI "KAORIUM" Debuts at THAMEEN Fragrance Launch in London's Selfridges4.7.2025 11:13:00 CEST | Press release

SCENTMATIC Inc., a leader in scent digitalization, introduced its AI-powered scent-to-language system, KAORIUM, at the THAMEEN Fragrance new product launch event. This pivotal event took place from June 5 to 11, 2025, at Selfridges department store in London, UK. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250703662207/en/ State of exhibition Global Expansion: KAORIUM Establishes UK Presence Europe leads the global fragrance market, with the UK projected to reach US$2.82 billion by 2033. Recognizing this, SCENTMATIC is rapidly expanding its international footprint. In May 2024, SCENTMATIC established its overseas subsidiary, KAORIUM, in London, appointing industry expert Ben Yanoushek as CEO. Official UK operations commenced on February 1, 2025, with the launch of its dedicated website: www.kaorium.com. KAORIUM Trialed at "Florentine Diamond" Launch Event The "Florentine Diamond" launch event for luxury brand THAMEEN Frag

Andersen Consulting samarbejder med Mercurial Minds om at forbedre mulighederne inden for digital transformation4.7.2025 01:10:00 CEST | Pressemeddelelse

Andersen Consulting udvider sit udbud af teknologidrevne løsninger med tilføjelsen af samarbejdsfirmaet Mercurial Minds (M.M.), et konsulentfirma inden for digital transformation, AI og IT med base i Pakistan. M.M. blev grundlagt i 2013 og tilbyder en række tjenester, der er designet til at hjælpe organisationer med at udvikle sig og skalere, herunder i forbindelse med deres digitale transformationsstrategi, AI-tjenester, it-rådgivning og udvikling af robuste mobil- og webbrugeroplevelser. Firmaet leverer end-to-end-løsninger – udformning af datadrevne køreplaner, udvikling af intelligent automatisering og levering af sikre mobil- og weboplevelser, der kan skaleres – skræddersyet til virksomheder, der ønsker at forbedre sine forbindelsesmulighederne og opnå indsigter i realtid. M.M. betjener en bred vifte af brancher med fokus på finans, telekommunikation og andre dataintensive sektorer. "Dette samarbejde er en katalysator," siger Nabeel Saiyer, administrerende direktør for M.M. "Vores

Global Tourism Surging Ahead of Economic Growth, With Visits to Hit 30 Billion by 20344.7.2025 01:00:00 CEST | Press release

The World Economic Forum report, in collaboration with Kearney and the Ministry of Tourism Saudi Arabia, predicts a significant uptick in tourist trips across the globeThe tourism sector will contribute $16 trillion to global GDP (more than 11% of the global economy) by 2034, according to World Travel & Tourism Council estimates (WTTC)India and China will be responsible for more than 25% of all outbound travel by 2030 The World Economic Forum has today published a new report forecasting that the travel and tourism industry is projected to serve 30 billion tourist trips by 2034. Travel and Tourism at a Turning Point: Principles for Transformative Growth, produced in collaboration with Kearney and the Ministry of Tourism Saudi Arabia, reveals a projected $16 trillion contribution to global GDP by the same year—representing more than 11% of the total world economy, according to World Travel & Tourism Council estimates. The report also found that the sector is expanding 1.5 times faster th

The 2025-2026 World Branding Awards Animalis Edition Honouring Leading Pet and Animal Brands Globally3.7.2025 21:00:00 CEST | Press release

The 2025-2026 World Branding Awards Animalis Edition marked its fifth instalment, bringing together leading pet and animal brands from all around the world. These brands were celebrated for their outstanding achievements, earning recognition as National, Regional, and Global Winners. The awards ceremony, held at Vienna's prestigious Hofburg Palace, welcomed winners across diverse categories, including pet food, retail, wellness, pet exhibitions, and aquatic products. Mounia Berrada-Gouzi expertly hosted the evening, which culminated in a grand celebration of brand excellence. “The Animalis Edition of the World Branding Awards recognises brands that have achieved the highest distinction—genuine recognition in the hearts and minds of consumers. Tonight, we honour those whose names resonate globally, whose values inspire loyalty, and whose presence defines excellence in the pet and animal industry,” said Richard Rowles, Chairman of the World Branding Forum. Out of over 950 brands nominate

Venture Global Announces 20-Year Sales and Purchase Agreement with PETRONAS3.7.2025 14:59:00 CEST | Press release

Today, Venture Global, Inc. (NYSE: VG) announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG Ltd. (PLL), a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS. Under the terms of the SPA, PETRONAS will purchase 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global’s third facility, CP2 LNG, for 20 years. This builds upon Venture Global’s existing agreement with PETRONAS for 1 MTPA of LNG supply from Plaquemines LNG. PETRONAS, a world-class partner in the LNG industry, joins other CP2 LNG customers in Europe, Asia and the rest of the world in a strategically important project to global energy supply and security. To date, approximately 10.75 MTPA of the 14.4 MTPA nameplate capacity for CP2 Phase One has been sold. About Venture Global Venture Global is a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins. Venture Global’s business includes assets ac

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye