P&G shares information about its responsible forestry
Before issuing the report requested by its shareholders, the company chose to share information about its current sourcing approach
After its shareholders asked the company to issue a report evaluating how they could increase the scale, pace and rigor of their efforts to eliminate deforestation and degradation of intact forests, P&G published a story on the subject on its blog.
In it, the company reports that, for many years, it has disclosed its forestry policies and progress in its annual P&G Citizenship Report and provided supplemental information based on consumer interest.
They report that responsible sourcing is essential for their business and, more importantly, for the environment and people who depend on it. P&G also agree on the critical importance of ensuring no deforestation or forest degradation in their supply chains. Therefore, it is why they have accelerated commitments to protect forests and continue to be transparent on their practices.
Ahead of the report, they shared some information about their current approach. The company’s sourcing ensures maintaining forests by prohibiting deforestations, as they require that 100% of the wood pulp they source be certified by a leading third party certification system (like Forest Stewardship Council, Sustainable Forestry Initiative, and Programme for the Endorsement of Forest Certification) who ensure forests are responsibly managed.
P&G sourcing ensures also embrace respecting people by the rights of workers and indigenous peoples and protecting habitat on ensuring wildlife are protected.
The company claims forestry is an important part, but only one part of P&G’s broad environmental agenda, spanning climate change, water, energy, and waste.
Beyond forestry, the company remains committed to a comprehensive set of sustainability activities that provide critical climate leadership, including: reducing greenhouse gas emissions by 50%, purchasing 100% renewable electricity by 2030, advancing natural climate solutions that will make its manufacturing operations climate-neutral for the decade and ensuring 100% of packaging is recyclable or reusable.
The Chief Sustainability Officer, Virginie Helias, concludes by saying that P&G is focused on ensuring they do the right things in the right ways – innovating using science and nature – for the long-term. The company see it as its responsibility to ensure no one has to choose between the products they use today and the world they want for tomorrow.
“Bottom line, we agree on the importance of taking steps today to preserve a strong tomorrow. We are doing just that. I want you and all P&G shareholders to know this is a topic of great importance and one that has our continued focus and commitment.” – David Taylor, P&G, Chairman of the Board, President and Chief Executive Office.
Read the full article: https://us.pg.com/blogs/pg-and-responsible-forestry/
