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Procter & Gamble bows to pressure on palm oil deforestation

2014-04-09 07:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Procter & Gamble has bowed to pressure from environmentalists and revealed a new, extensive no-deforestation policy in the production of its products, including demanding fully traceable palm oil from suppliers. In the wake of severe criticism by a Greenpeace report earlier this year, the multinational company said on Wednesday that by the end of 2015 it would ensure that the palm oil and palm kernel oil it sources is traceable to the supplier mills. It also pledged to ensure no deforestation...

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Procter & Gamble, Cargill pledge cut deforestation linked to palm oil

2014-04-08 21:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Procter & Gamble (P&G) and Cargill today announced new measures to cut deforestation from their palm oil supply chains. P&G (NYSE:PG), a consumer products giant that owns brands like Head & Shoulders and Oil of Olay, pledged to establish traceability of palm oil to supplier mills by the end of 2015. The policy commits it to eliminate deforestation from its supply chain by 2020, the same target adopted by the Consumer Goods Forum - a network of 400 of the world's largest companies whose combined...

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Samsung's Next Big Gamble

2014-03-04 22:32:30| Footwear - Topix.net

Samsung may spend up to $3 billion in advertising to push its new product category when based on industry comps.

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Greenpeace urges Procter & Gamble to reject harmful palm oil practices

2014-02-27 08:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Greenpeace has called on the multinational Procter & Gamble (P&G) to commit to an immediate no-deforestation policy after linking the company to palm oil suppliers in Indonesia which have allegedly engaged in destructive deforestation, clearing of endangered animal habitat and potentially illegal forest fires. The environmental group has concluded a year-long investigation into P&G suppliers and found several appear to be linked to environmentally destructive practices associated with palm oil...

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Zacks Industry Outlook Highlights: Procter & Gamble, Molson Coors...

2014-02-19 16:28:46| Paper - Topix.net

The operating backdrop for the consumer staples sector was more or less weak in 2013, as it was in 2012 due to a difficult consumer spending environment.

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