Environment & Energy
Related: About this forumNestle, P&G say they will miss 2020 deforestation goals
Source: Reuters
SUSTAINABLE BUSINESS SEPTEMBER 27, 2019 / 12:11 PM / UPDATED 6 HOURS AGO
Nestle, P&G say they will miss 2020 deforestation goals
Richa Naidu
4 MIN READ
CHICAGO (Reuters) - The worlds two largest consumer goods companies, Nestle SA (NESN.S) and Procter & Gamble Co (PG.N), have acknowledged they will fall short of goals to use only those ingredients that do not contribute to deforestation in their products by 2020.
Nestle, known for products such as KitKat bars and Haagen-Dazs ice cream, says on its website that in 2010 it made a commitment to no-deforestation by 2020. But on Saturday, a Nestle spokeswoman said the company now believes it will stop short of that target.
Nestle now predicts over 90 percent of our key agricultural commodities to be verified deforestation-free by the end of 2020, up from 77 percent at the beginning of 2019, the spokeswoman said.
Procter & Gamble, meanwhile, states on its website that it aims to establish zero deforestation in our supply chain by 2020.
But on Sunday, a spokesman for the company, which uses palm oil in its Tide detergent and Olay skincare products, said it too would fail to meet the goal by next year.
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Read more: https://www.reuters.com/article/us-consumer-goods-deforestation/nestle-pg-say-they-will-miss-2020-deforestation-goals-idUSKBN1WC1WC
RockRaven
(14,958 posts)to find that gambling is going on in here.
Lulu KC
(2,565 posts)Everything they touch...
PoindexterOglethorpe
(25,845 posts)had goals for deforestation. And they weren't going to make them.
Lulu KC
(2,565 posts)I had not realized it was there. I use the app to check the bar codes on store products but never applied it to detergent. Argh.