P&G EMBRACES NATURAL CLIMATE SOLUTIONS TO ACCELERATE PROGRESS ON CLIMATE CHANGE AND WILL MAKE OPERATIONS CARBON NEUTRAL FOR THE DECADE

Reducing GHG Emissions by 50% and Purchasing 100% Renewable Electricity for all Manufacturing Sites by 2030

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Advancing Natural Climate Solutions that Deliver a Carbon Benefit Equal to Remaining GHG Emissions from Operations

CINCINNATI, July 17 (Bernama-BUSINESS WIRE) -- The Procter & Gamble Company (NYSE:PG) announced a new commitment to have its global operations be carbon neutral for the decade through a series of interventions that protect, improve and restore nature. Recognizing the next decade represents a critical window for the world to accelerate progress on climate change, P&G will go beyond its existing Science Based Target of reducing greenhouse gas emissions by 50% by additionally advancing a portfolio of natural climate solutions. These efforts will deliver a carbon benefit that balances any remaining emissions over the next 10 years, allowing P&G operations to be carbon neutral for the decade. Based on current estimates, the Company will need to balance ~30 million metric tons of carbon from 2020 to 2030.
P&G EMBRACES NATURAL CLIMATE SOLUTIONS TO ACCELERATE PROGRESS ON CLIMATE CHANGE AND WILL MAKE OPERATIONS CARBON NEUTRAL FOR THE DECADE