Global consumer products maker Procter & Gamble dropped its pledge from a corporate policy to not buy wood pulp from degraded forests, a company executive disclosed to investors in a previously-unreported July 18 briefing.
certain goods linked to deforestation and forest degradation. P&G said it will comply with the upcoming requirements.
"In light of these evolving definitions, as we consolidated our policies, we simplified the language," McAneny said. "Our ongoing efforts to keep forests as forests while continuing to serve consumers with superior-performing products, all of those efforts remain unchanged." In its new forestry policy, P&G, which also makes Tide detergent and Dawn dish soap, consolidates existing guidelines for paper packaging and palm oil, used throughout its portfolio of products.
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