Nestle, P&G Fall Short of Anti-Deforestation Goals -Reuters

Date : 09/30/2019 @ 8:59AM
Source : Dow Jones News
Stock : Procter and Gamble Co (PG)
Quote : 120.34  0.0 (0.00%) @ 8:16PM
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Nestle, P&G Fall Short of Anti-Deforestation Goals -Reuters

Procter and Gamble (NYSE:PG)
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-- Nestle and Procter & Gamble won't hit their 2020 goal of only sourcing key ingredients that don't contribute to deforestation, Reuters reported on Sunday, citing company statements.

-- Nestle told Reuters it now predicts that over 90 percent of its key agricultural commodities will be verified deforestation-free by the end of 2020, up from 77 percent at the beginning of 2019.

-- P&G didn't tell Reuters if it had a new estimate for 2020.


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(END) Dow Jones Newswires

September 30, 2019 04:44 ET (08:44 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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