Corporate behind household brands Ariel, Oral-B and Gillette sets out raft of new sustainability pledges for 2030
Procter & Gamble, one of the world's largest Fast-Moving Consumer Goods (FMCG) companies, has promised to radically cut packaging waste and power its manufacturing sites with renewables, as part of a fresh sustainability strategy for 2030.
The firm, which owns household brands including Ariel, Oral-B, Gillette, Always and Fairy, launched its 'Ambition 2030' programme yesterday with a promise to "help solve some of the most complex challenges facing our world".
The new targets under Ambition 2030 include a promise to cut emissions from manufacturing sites in half, purchase enough green power to run 100 per cent of its sites, and to source at least five billion litres of water from circular sources.
It has also promised action to improve the packaging footprint of its 20 'leadership' brands, promising that it will be 100 per cent recyclable or reusable by 2020. It follows work last year to boost its use of recycled plastic - new packaging launches included a limited-edition Fairy liquid bottle made with 100 per cent recycled plastic and a shampoo bottle made from beach plastic.
"We believe P&G can be a force for good and a force for growth, and we are taking a more deliberate approach to delighting consumers while enabling responsible consumption," said CEO David Taylor. "Consumers expect the brands they trust to deliver superior performance and also to help solve some of the most complex challenges facing our world. Our global reach, our understanding of the five billion consumers we serve, and our innovation capabilities give us a unique ability to make a positive difference."
The new suite of targets build on P&G's 2020 goals, many of which the firm claims it has already achieved. For example, it has reduced truck transportation kilometres by 25 per cent, against a 2020 target of 20 per cent, and reduced energy use at its facilities per unit of production by 22 per cent, against a 20 per cent target.
However, it still has some way to go on other 2020 goals, including a promise to cut absolute greenhouse gas emissions by 30 per cent by 2020 - to date it has cut them by 16 per cent. It is also only a third of the way towards its 2020 goal of doubling the use of recycled resin in plastic packaging.
Series of interventions this week from investors boasting more than $1tr of assets under management hope to put climate change top of the agenda in corporate boardrooms
Climate change is emerging as a hot topic at this week's Commonwealth Heads of Government Meeting taking place in London
UK Climate Minister says government will ask climate watchdog to consider how UK could meet 1.5C Paris target
The breakthrough, spurred by the discovery of plastic-eating bugs at a Japanese dump, could help solve the global plastic pollution crisis