Welcome to our dedicated page for Procter & Gamble Company news (Ticker: PG), a resource for investors and traders seeking the latest updates and insights on Procter & Gamble Company stock.
Procter & Gamble Company (NYSE: PG), headquartered in Cincinnati, Ohio, has established itself as a global leader in the consumer goods industry since its inception in 1837 by William Procter and James Gamble. The company stands as one of the world's largest producers of household and personal care products, generating over $80 billion in annual sales.
Procter & Gamble's diverse portfolio features some of the most trusted brands across various categories. The company's impressive lineup includes more than 20 brands that each generate over $1 billion annually in global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G’s strategic decision to focus on core consumer product lines led to selling its last food brand, Pringles, to Kellogg in 2012.
With a significant international presence, around 53% of Procter & Gamble's sales come from outside the United States. The company continues to invest in innovation and sustainability, ensuring its products meet the evolving needs of consumers. Recent achievements include advancements in product formulas, packaging innovations aimed at reducing environmental impact, and strategic partnerships enhancing their market reach.
Financially, Procter & Gamble remains robust, consistently delivering value to shareholders through dividends and share repurchases. The company's commitment to operational excellence and cost efficiency supports its strong financial performance and competitive edge in the market.
Tide®, Canada’s leading laundry detergent brand, has announced its 2030 Ambition, a comprehensive sustainability initiative aimed at reducing greenhouse gas (GHG) emissions throughout its supply chain. Tide plans to cut GHG emissions in half at its manufacturing plants by 2030 and encourages North American consumers to wash laundry in cold water, targeting a significant reduction in energy use. The company will also expand its Tide Loads of Hope program, assisting communities impacted by climate change. Tide's actions align with Procter & Gamble's broader sustainability objectives.
Tide®, America's leading laundry detergent brand, has unveiled its 2030 Ambition, a set of sustainability commitments aimed at significantly reducing greenhouse gas (GHG) emissions throughout its supply chain. Notably, Tide achieved over a 75% reduction in GHG emissions at its manufacturing plants and aims to halve emissions by 2030. The brand will promote cold water washing, potentially reducing GHG emissions by 4.25 million metric tons, and expand its Tide Loads of Hope program to support communities in need. Additionally, Tide pledges to reduce virgin plastic use in packaging by 50% and aims for all packaging to be recyclable by 2030.
Charmin has launched its NFT(P) crypto collection, featuring three unique toilet paper-themed digital artworks. This marks the debut of NFT art by a toilet paper brand, with proceeds benefiting Direct Relief. Collectors can bid on these NFTs from the comfort of their homes, accompanied by physical displays for each piece. The initiative emphasizes Charmin’s commitment to enhance bathroom experiences beyond traditional products, with previous support of $2 million to Direct Relief for healthcare workers. The collection aims to engage Charmin fans and support a charitable cause.
Gillette (NYSE: PG) announces the return of the Gillette Gaming Alliance, featuring a record 11 global streamers for 2021. This year, the Alliance will co-stream in smaller groups across platforms like Twitch and YouTube. Streamers will showcase Gillette products, including ProGlide and SkinGuard. The Bits for Blades program returns, allowing fans to earn Twitch Bits by purchasing Gillette products.
Gillette (NYSE: PG) has announced the return of the Gillette Gaming Alliance, featuring an expanded roster of global streamers, including 11 members representing multiple countries. This year, the Alliance will co-stream in smaller groups, sharing audiences on platforms like Twitch and YouTube. Members will discuss personal grooming routines and showcase Gillette's latest innovations, including ProGlide and Planet Kind. The Bits for Blades program returns, allowing fans to earn Twitch Bits through product purchases, enhancing engagement with the gaming community.
Secret Deodorant has pledged $1 million to support gender equality initiatives, assisting over 100,000 women and families via the YWCA network. This funding will enhance childcare services and workforce programs in 12 communities affected by the pandemic. The campaign includes a docuseries titled “Secret Superhero Moms”, highlighting the resilience of working mothers. Recent surveys reveal 97% of children view their mothers as superheroes, underscoring the importance of female empowerment and support. Secret aims to address economic disparities impacting women, especially women of color.
Align Probiotic, the leading doctor-recommended probiotic brand, collaborates with nutrition expert Vanessa Rissetto to promote gut health and immunity. The partnership aims to dispel common misconceptions about probiotics and encourage a daily routine for better digestive health. Align’s products, including Align 24/7 Digestive Support and Align Gut Health and Immunity Support, are backed by over 20 years of research and are recommended by gastroenterologists. The unique strains used in Align products help soothe digestive discomfort and support the immune system, which is primarily housed in the gut.
Procter & Gamble (NYSE:PG) has announced significant progress in achieving its Ambition 2030 goals aimed at increasing packaging circularity in Europe. The company aims to reduce virgin plastic usage by 50% and ensure 100% recyclability or reusability by 2030. P&G is the first FMCG to join the RecyClass initiative, receiving 12 product approvals for its recyclable packaging across various brands. P&G's Shave Care brands plan to eliminate 545 metric tons of plastic annually and introduce reusable aluminum bottles, reinforcing its commitment to sustainability.
Crest has launched its first-ever leave-on teeth whitening treatment, Crest Whitening Emulsions, available nationwide in three varieties, including an innovative LED Accelerator Light Kit. The product transforms teeth whitening into a daily routine, applying in seconds and working with active hydrogen peroxide droplets. It aims to deliver noticeable results in just three minutes with virtually no sensitivity. The launch builds on Crest's success since the introduction of 3D Whitestrips, positioning it as a leader in the at-home teeth whitening market.
Tide Loads of Hope, supported by Tide Cleaners, is providing free laundry services to Texas families affected by severe weather from February 22 to February 26. This initiative serves to alleviate the hardships experienced by millions lacking basic utilities. Customers can bring one bag (up to 13 pounds) of laundry to any participating Tide Cleaners location. The movement aligns with Tide's commitment to community support, having previously assisted over 50,000 families during disasters. COVID-19 safety measures will be followed at all locations.
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