Procter & Gamble — full event log

Supply Chain 3.0 enables automation, data synchronization and digitization, including a >99% reduction in labour effort for retailer shipment check-in. Improves truck use and reduces transport-related emissions intensity. Targeted gross COGS savings of up to $1.5 billion before tax.

sustainability_report p.5

In Dec 2023 the Company announced limited market portfolio restructuring primarily in Enterprise Markets (Argentina, Nigeria). Substantially liquidated Nigeria operations recording $216M non-cash charge for accumulated FX translation losses. On July 1, 2024 completed Argentina divestiture; expects to record ~$750M non-cash charge in Q1 FY25.

sustainability_report p.30

Recorded $1.3B before tax ($1.0B after tax) non-cash impairment of Gillette intangible asset due to higher discount rate, currency weakening and impact of Enterprise Market restructuring. Carrying value reduced to $12.8B.

sustainability_report p.30

On November 22, 2023, P&G UK received notification from the U.K. Environment Agency of intent to assess a civil penalty for prior inadvertent failure to secure a required permit for its London-based manufacturing site under EU and UK Emissions Trading Systems. Site has been properly registered since March 2021.

sustainability_report p.22

Sustainability disclosures informed by standards and guidelines such as the Global Reporting Initiative (GRI) and the Task Force on Climate-related Financial Disclosures (TCFD).

sustainability_report p.15

P&G has declared objectives toward purchasing renewable electricity for its operations as part of its 2040 net zero ambition and Climate Transition Action Plan. Specific volumes, PPA structures, or RE100 commitments are not disclosed in the 10-K.

sustainability_report p.15

P&G's Climate Transition Action Plan outlines ongoing efforts to reduce greenhouse gas emissions across Scopes 1 and 2 across own manufacturing operations (102 sites in 34 countries) as a primary lever toward the 2040 net zero ambition.

sustainability_report p.15

The Climate Transition Action Plan addresses 'elements of Scope 3' alongside Scopes 1 and 2. P&G acknowledges progress depends on stakeholders and developments beyond its control. Specific Scope 3 category targets are not disclosed in the 10-K.

sustainability_report p.15

P&G has declared objectives to reduce use of virgin petroleum-based plastic in packaging and increase recyclability/reusability of packaging. Example cited: Lenor Unstoppables conversion from plastic bottle to cardboard pack avoided ~2,800 metric tons of plastic in Europe while driving 40% sales growth.

sustainability_report p.9

P&G has declared objectives for responsible sourcing of key forest-based commodities as part of its sustainability priorities.

sustainability_report p.15

P&G has declared objectives toward improving water usage efficiency in operations and driving a global portfolio of water restoration projects that help address water scarcity in key water basins.

sustainability_report p.15

In 2021, the Company announced a 2040 net zero ambition. The Climate Transition Action Plan outlines efforts to reduce GHG emissions across scopes 1 and 2 and elements of scope 3.

sustainability_report p.15