P&G Faces Reckoning Over Charmin, Bounty Supply Chain
Source: https://www.checkout.ie/a-brands/pg-faces-reckoning-over-charmin-bounty-supply-chain-195506
Author: Donna Ahern
Procter & Gamble Co will take steps aimed at reducing potential harm to forests from its purchases of wood pulp for toilet paper and other consumer goods, after being pressured by environmentalists and investors for more sweeping changes. P&G will aim to end buying pulp, a key ingredient in its top-selling Charmin toilet paper, from certain forests in Canada and develop a plan to reduce purchases of the raw material from other swaths of woodland, according to an agreement the consumer products company made with an investor. P&G faces scrutiny from environmental non-profits and some investors in part because it lags its publicly-traded peers in using recycled paper and fibers in household staples like toilet paper. P&G has not made pledges to cut its purchases of pulp, which is harvested from logged trees. Environmental groups say pulp harvesting takes a heavy toll on the environment.