P&G Purchases 100% Renewable Electricity in U.S., Canada and Western Europe
October 24 2019 - 8:00AM
Business Wire
The Procter & Gamble Company (NYSE:P&G) is announcing
that it reached its 2020 goal of purchasing 100% renewable
electricity in the U.S. and Canada. The Company exceeded its
original goal by extending the purchase of 100% renewable
electricity to Western Europe. These three markets are among its
largest and represent over 70% of P&G’s purchased electricity.
This commitment was achieved ahead of schedule and signifies a
strong start to reaching P&G’s goal of purchasing 100%
renewable electricity globally by 2030.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20191024005503/en/
P&G’s largest individual contributors to its renewable
energy production are its wind farm in Tyler Bluff, Texas, which
offsets 100% of the electricity needed for its Fabric and Home Care
facilities in the U.S. and Canada to produce brands like Tide,
Downy, Cascade and Mr. Clean, and its onsite combined heat and
power biomass facility in Albany, Georgia, which provides 100% of
the Bounty and Charmin steam requirements at this site. In addition
to these large-scale projects, the Company is reducing emissions
across its operations through a diverse portfolio of renewable
energy projects focused on wind, solar, geothermal, hydro and
renewable energy certificates.
“We are proud of our efforts to reduce our environmental
footprint and leave the world a better place for generations to
come,” said Virginie Helias, P&G’s Chief Sustainability
Officer. “Our primary goal is, and will continue to be, to deliver
the superior products our consumers can trust, with the reassurance
that behind each P&G product is a supply chain committed to
environmental responsibility.”
Building on its legacy of environmental leadership, P&G has
already achieved many of its 2020 sustainability goals for energy,
water and waste, making measurable progress that can be seen across
brands and geographies. By purchasing 100% renewable electricity in
the U.S., Canada, and Western Europe, P&G is now on track to
also exceed its 2020 renewable energy and science-based greenhouse
gas commitments.
P&G expects that by executing new projects, while also
continuing to purchase electricity from renewable sources, the
Company can spur further innovation, investment, and a transition
to renewable energy for the regional utilities that provide energy
to its nearly 150 sites globally.
For more information related to P&G’s announcement, visit
https://us.pg.com/blogs/pg-purchases-renewable-electricity.
About Procter & Gamble
P&G serves consumers around the world with one of the
strongest portfolios of trusted, quality, leadership brands,
including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®,
Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head &
Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®,
Tide®, Vicks®, and Whisper®. The P&G community includes
operations in approximately 70 countries worldwide. Please visit
http://www.pg.com for the latest news and information about P&G
and its brands.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191024005503/en/
P&G Media Contact Robyn Schroeder P&G, Global
Communications Schroeder.rm@pg.com
Procter and Gamble (NYSE:PG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Procter and Gamble (NYSE:PG)
Historical Stock Chart
From Apr 2023 to Apr 2024