Procter and Gamble releases sustainability report
24 November 2008 00:00 in Pharmaceutical Company Financials
Procter and Gamble (P&G) has released its 10th annual sustainability report.
Details of the statement include the fact that energy, waste and emissions reductions remain on-track to achieve the company's 2012 targets, set in 2007.
Entitled Design to Innovate?Sustainability, the report outlined the company's approach to preserving development.
Alan Lafley P&G chairman of the board and chief executive officer, said the idea is "at the heart of P&G's purpose".
He added: "Sustainable development is built from a simple idea ? it's about ensuring a better quality of life for everyone, now and for generations to come."
The report went on to outline the company's progress, noting its operations in the last year have reduced water consumption by seven per cent, energy usage by six per cent and CO2 emissions by eight per cent.
It also found P&G delivered 430 million litres of clean drinking water through the organisation's Children's Safe Drinking Water programme.
The company's products include Charmin, Bounty, Pampers, Iams, Head and Shoulders and Duracell.
P&G was formed in 1837 as a soap and candle company by William Procter and James Gamble.
The company now has approximately 138,000 employees working in over 80 countries worldwide.
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