P&G Sets New Sustainability Goal: No Deforestation in Its Palm Supply Chain

10 April 2014

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.

Read more in The Wall Street Journal