Procter & Gamble (P&G) has released its 2015 annual sustainability report, which details what the company is doing to reduce its environmental footprint and highlights recent commitments to increasing its use of renewable energy.
In the report, P&G notes the power purchase agreement it signed with EDF Renewable Energy in October to use wind energy to meet 100% of electricity demands for all of its North American Fabric & Home Care plants. P&G also entered into a deal with Constellation Energy to build a 50 MW biomass plant.
"At P&G, we have a long history of introducing innovations that improve our environmental footprint and the communities where we live and work. Sustainability is integrated into the way we do business, and this report details the progress we have made in conserving resources, protecting the environment and improving social conditions for those who need it most," says Martin Riant, group president and P&G executive sponsor of sustainability.
"We are making great progress in increasing our use of renewable energy and are partnering with like-minded companies that are focused on innovation and cost-effective solutions to address climate change."
For example, the company points out its participation in RE100, a coalition of corporations that pledge commitments to 100% renewable energy, as well as that it signed the American Business Act on Climate Pledge to reinforce its commitments and encourage others to take action on climate.
Furthermore, P&G has set a new goal to reduce its absolute greenhouse-gas emissions by 30% by 2020. Since 2010, the company has reduced such emissions by 4%.
The full 2015 report is available here.