Procter & Gamble Co., the world’s largest consumer-products maker, plans to cut the greenhouse gas emissions produced from its facilities by 30 percent by 2020 to minimize their impact on climate change.
The Cincinnati-based company will focus on energy conservation and renewable-energy use, according to a statement. The move will also help the maker of Bounty paper towels and Pampers diapers reduce costs and strengthen branding, it said.
P&G is joining the Climate Savers Program sponsored by the World Wildlife Fund, which enables companies to cooperate on addressing climate change. Sony Corp., Coca-Cola Co., and Johnson & Johnson are among members of the program.
Executives from 13 major U.S. corporations, including Apple Inc. and Goldman Sachs Group Inc., in July pledged at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.
Coca-Cola said in July that it will drive down the carbon footprint of its beverage production by 25 percent over the next five years, while Google Inc. plans to triple its purchases of renewable energy over the next decade.
— With assistance by Feifei Shen