The new vision provides P&G with a long-term framework to guide all sustainability decisions and goal setting within the organization, the release stated.
"Accelerating P&G''s commitment to environmental sustainability is a critical component of the company''s ongoing purpose-inspired growth strategy to improve more consumers'' lives in more parts of the world more completely," said Bob McDonald, P&G chairman of the board, president and chief executive officer (CEO).
"We''re announcing this vision and these goals because we believe in the power of P&G''s purpose — and our responsibility as a company to be a force for good in the world," McDonald added.
To enable the company to track progress against its long-term sustainability vision, P&G will implement a series of 10-year sustainability goals, the release noted.
According to the release, as this vision will take decades to achieve, these near-term goals will be used to focus company efforts, incrementally improve the organization''s environmental performance and hold P&G accountable against its stated, long-term sustainability vision.