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P&G Targets 30% Reduction in Greenhouse Gas Emissions by 2020

By Steve Wynne-Jones
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P&G Targets 30% Reduction in Greenhouse Gas Emissions by 2020

Procter & Gamble, the world’s largest consumer-products maker, plans to cut the greenhouse gas emissions produced from its facilities by 30 per cent by 2020 to minimise their impact on climate change.

The Cincinnati-based company will focus on energy conservation and renewable-energy use, according to a statement. The move will also help the maker of Bounty paper towels and Pampers diapers reduce costs and strengthen branding, it said.

P&G is joining the Climate Savers Program sponsored by the World Wildlife Fund, which enables companies to cooperate on addressing climate change. Sony Corp., Coca-Cola Co, and Johnson & Johnson are among members of the program.

Executives from 13 major US corporations, including Apple and Goldman Sachs Group in July pledged at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.

Coca-Cola said in July that it will drive down the carbon footprint of its beverage production by 25 per cent over the next five years, while Google, plans to triple its purchases of renewable energy over the next decade.

News by Bloomberg, edited by ESM. To subscribe to ESM: The European Supermarket Magazine, click here.

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