Published 3 years ago.
About a 3 minute read.
Image: Palawan fishermen | Conservation International
The goal is to reduce its GHGs by 50%, use 100% renewable electricity at all manufacturing sites by 2030, and advance natural climate solutions to achieve carbon neutrality for the decade.
Today, Procter &
to achieve carbon-neutral global operations for the 2020s. Recognizing that the
next decade represents a critical window for the
world to mitigate the effects of climate change, P&G says it will go
beyond its existing science-based
of reducing greenhouse gas emissions (GHGs) by 50 percent by additionally
advancing a portfolio of natural climate solutions that will deliver a carbon
benefit that balances any remaining emissions over the next 10 years. Based on
current estimates, the Company will need to balance roughly 30 million metric
tons of carbon from 2020 to 2030.
P&G is on track to deliver on its 2030 commitments to reduce GHGs by 50 percent
and purchase 100 percent renewables. But, based on today’s
technologies, there are some emissions that cannot be eliminated by 2030 — which
is why the company will add investments in natural climate solutions to the
P&G will partner with Conservation International, World Wildlife Fund
(WWF) and other environmental NGOs to identify and fund a range of projects
designed to protect, improve and restore critical ecosystems including forests,
wetlands, grasslands and peatlands. In addition to sequestering more carbon,
natural climate solutions have the potential to deliver meaningful environmental
and socioeconomic benefits that serve to protect and enhance nature, and
improve the livelihoods of local communities. P&G says it will seek to measure
and communicate relevant benefits from its investment in nature.
Among the projects P&G has identified:
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Philippines Palawan Protection Project (Conservation International) — To
protect, improve and restore the mangroves and critical ecosystems on the
Philippines’ largest island and its Cleopatra’s Needle Critical
— the world’s fourth most “irreplaceable” area for unique and threatened
Brazil’s Atlantic Forest restoration planning (WWF) — In a perhaps less
well-known but still critical Brazilian forest, on the country’s eastern coast, P&G and
WWF are working to restore areas of the Atlantic Forest; to provide
meaningful impacts on biodiversity, water, food security and other benefits
for local communities.
Evergreen Alliance (Arbor Day Foundation) — P&G joins a
coalition of companies
including Church &
UPS and more working to help the
Arbor Day Foundation reach its goal of planting 100 million trees and
inspiring 5 million tree planters by 2022.
Achieving its desired climate impacts means P&G must also rein in the emissions
from its supply chain and consumer use of its products (Scope 3 emissions) — of
which consumer use accounts for up to 85 percent. P&G reaches five billion
people through its brands, so the company has been working to give consumers the
power to reduce their own carbon footprints with products that are designed to
help save energy, water and natural resources.
In 2019, P&G presented a
that included innovation and communication strategies that aim to inspire and
enable responsible consumption for its five billion daily consumers. P&G brands
including Pampers, Ariel, Herbal Essences, Cascade, Fairy
and Tide have framework with actions and commitments to help accelerate
sustainable lifestyles and habits — through encouraging low-temperature washing,
and other water- and energy-efficient homecare practices.
Read more about P&G’s new climate commitment
Published Jul 16, 2020 8am EDT / 5am PDT / 1pm BST / 2pm CEST