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Giving Compass' Take:
• The Procter & Gamble Company announced their new environmental sustainability goals for 2020 that will change and innovate their leadership brands, supply chains, partnerships, and employee-focused practices.
• How can other companies look to Proctor & Gamble as a model for environmental sustainability initiatives? They have already made strides with their sustainability goals-- what practices do you think are most effective for their improvements? What aspects of environmental sustainability can be challenging for corporations to achieve?
• Read SSIR's piece questioning if corporations can promote social good within the bounds of market-based capitalism.
The Procter & Gamble Company announced it has achieved many of its 2020 environmental sustainability goals, has plans in place to meet the rest and has established new, broad-reaching goals for 2030. The new goals, titled “Ambition 2030,” aim to enable and inspire positive impact on the environment and society while creating value for the Company and consumers.
P&G’s “Ambition 2030” goals include:
- Brands: P&G’s 20 leadership brands will enable and inspire responsible consumption through packaging that is 100% recyclable or reusable.
- Supply Chain: P&G manufacturing sites will cut greenhouse gas emissions in half, and will purchase enough renewable electricity to power 100% of our plants.
- Society: P&G will continue to create transformative partnerships that enable people, the planet and our business to thrive, including those that stem the flow of plastic into the world’s ocean, protect and enhance forests, expand recycling solutions for absorbent hygiene products, and protect water in priority basins around the world.
- Employees: P&G will engage, equip and reward employees for building sustainability thinking and practices into their everyday work.
Building on its legacy of environmental leadership, P&G has already achieved many of its sustainability goals for 2020 in its focus areas of climate (reduced absolute greenhouse gas emissions by 16% since 2010), water (reduced water use in manufacturing facilities by 27% since 2010), and waste (achieved zero manufacturing waste to landfill for more than 80% of manufacturing sites).
Read the full article about sustainability goals by Api Podder at My Social Good News