World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


Procter and Gamble announce sustainability plans

Procter and Gamble announce sustainability plans

CINCINNATI--(BUSINESS WIRE)--The Procter & Gamble Company (NYSE:PG) today announced an advancement in its global sustainability goals, declaring a commitment to no deforestation in its palm oil supply chain by improving practices with all its suppliers, including small local farmers, to ensure protection of forests.

“P&G’s commitment to no deforestation in its palm supply chain is unequivocal. Our aim is to develop effective long-term solutions to the complicated issue of palm oil sustainability. We are committed to driving positive change throughout the entire supply chain, not just for us, but for the industry and for the small farmers who depend on this crop,” said Len Sauers, P&G Vice President of Global Sustainability.

Already, 100% of P&G’s purchased palm oil is certified by Roundtable for Sustainable Palm Oil (RSPO) standards. P&G is a member of the RSPO, and supports the criteria it has established for sustainable palm oil. The new goals go beyond RSPO certification, with the objective of developing reliable, effective and lasting sustainable practices by all palm suppliers.
P&G’s new goals call for ensuring no deforestation in its entire palm supply chain. Specific commitments include:

1. Establish traceability of palm oil and palm kernel oil to supplier mills by December 31, 2015.

2. Ensuring no deforestation in the palm supply chain to plantations by 2020.
• For palm oil, require suppliers to submit plans by December 31, 2015 that demonstrate how they will ensure no deforestation in the supply chain for their mills by 2020.

• For palm kernel oil, begin investing in and working with small farmers, with the aim of improving their practices to ensure no deforestation in the supply chain by 2020.

3. Working with suppliers, industry peers, NGOs, academic experts and other stakeholders to promote consistent industry standards and practices for sustainable palm oil sourcing.

4. Continuing to support universal human rights as outlined in P&G’s existing Sustainability Guidelines for Suppliers, and to support the rights of indigenous people.

5. Reporting annually on progress toward achieving these goals.

“These goals go beyond our current commitments. P&G will continue to work with each of our suppliers, and we will invest in and work directly with small local farmers, where much of our supply comes from, to improve their production practices,” added Len Sauers. “This is the most complicated aspect of the palm supply chain, where P&G believes we can make a significant and lasting impact.”
ends

© Scoop Media

 
 
 
 
 
World Headlines

 

Connie Lawn: Middle East Turmoil

There is always turmoil in the Mid East but at this time three major developments have broken at the same time. In Saudi Arabia 91 year old King Abdullah has died... In Yemen, the President and his top advisors have resigned. More>>

ALSO:

Russia Supports Indonesia`s Possible Move To Buy Sukhoi 35

Jakarta (ANTARA News) - The Russian government supports Indonesias wish to buy the multipurpose fighter jet Sukhoi 35 to enhance the countrys air force. More>>

Economy: International Monetary Fund Downgrade Global Growth Forecast

20 January 2015 – Despite a sharp decline in oil prices, the International Monetary Fund (IMF) in its latest economic outlook today lowered growth expectations for this year and the next for most countries due to slowdown in investment, and urged governments ... More>>

ALSO:

UN Rights Expert Cancels Visit To Palestinian Territory

Israel’s lack of cooperation leads to cancelled visit by UN rights expert to the occupied Palestinian territory More>>

Pentagon To Deploy 400 Troops To Train Syrian Rebels

Rebel fighters take positions behind sand barricades at al-Breij frontline, after what they said was an advance by them in al-Manasher and al-Majbal areas, where forces loyal to Syria's President Bashar al-Assad were stationed, in Aleppo January 5, 2015. ... More>>

ALSO:

U.S. Eases Sanctions On Export Of Tech To Cuba

Washington — Today, the Department of Treasury and Department of Commerce officially released the anticipated changes to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR) , reforms announced last year by President ... More>>

Increased Gold Demand Following Shock SNB Move

Gold surged in dollars, pounds and especially euros yesterday after the Swiss Natonal Bank (SNB) caused turmoil in markets. Spot gold surged $30.50 or 2.48% to $1,258.50 per ounce and gold in euro terms rose by 4 per cent from EUR 1,044 to over EUR 1,085 ... More>>

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news