Transcript From No to Yes - Southeast Recycling Development Council

Investing in Sustainability
Stephen W. Sikra, Corporate R&D, USA
The Procter & Gamble Company
Today’s Program:
• The Procter & Gamble Company
• P&G’s Strategic Commitment to
Sustainable Development
• Our Stewardship Approach
• The Closed Loop Fund
177 Years in Business
177
Years
Of Innovation
Why do we invest in sustainability?
….superior products and value…improve lives
..now and for generations to come
….consumers will reward us with leadership
sales, profit and value creation, allowing our
people, our shareholders, and the communities
in which we live and work to prosper.
Sustainability
is at the heart of
P&G’s purpose
P&G’s Long-Term Environmental Vision
Reduce our environmental footprint.
Enable consumers to be more sustainable.
Using 100%
renewable materials
or recyclate for
all our products
and packaging
Powering our
plants with 100%
renewable energy
Designing
products that
delight
consumers while
maximizing the
conservation of
resources
Having zero
consumer
or manufacturing
waste go to landfills
P&G Expanded Packaging Goals for 2020
P&G has expanded our commitments on packaging
sustainability.
In addition to:
A reduction in packaging by 20% per unit of production
by 2020.
*NEW* We will double the use of recycled resin in plastic
packaging, and
*NEW* Work to ensure 90% of packaging is either
recyclable or that programs are in place to develop
recycling.
2020 Goal – Manufacturing Waste < 0.5% Input
The Issue – P&G was sending nearly 1.5% of input materials to
landfills every year.
One Solution – Form partnerships with companies that find value in
what we were throwing away.
Blending toothpaste
waste into a polish for
jewelry.
Using detergent waste
to wash cars.
Blending beauty care
waste into leather care
products.
Our program to avoid manufacturing waste has created $1 billion in value in 5 years.
How will we deliver our vision?
- Investing with a stewardship approach to
sustainable innovation
- using our Time, Talent, and Treasure
- to reduce our environmental footprint
- to enable consumers to be more sustainable
- to reach our goals.
Investment of Time
1. Internally: Sustainability is part of each employee’s work plan.
2. Externally: We commit our time to partner with industry experts.
3. Duration: We are in it for the long haul; 25 yrs of PCR in NA
We listen, we learn, we partner.
Expanding
DFR
Rigid
Guidelines
Recycling
Advancing
non-clear
PET markets
Public-private
partnership learning
experience
Investment of Time
Investment of Talent
1. Holistic, LCA-based approach.
2. The ‘R’ strategies: Reduce, Re-use, Recycle, Renewable
How many R’s are there?
3. Form Partnerships for Sustainable Innovation
2020 Goal – 70% of Laundry Loads in Cold Water
The Issue – Changing consumer behavior from doing laundry in
hot/warm water to cold water.
One Solution – Try to stop the habit of washing clothes in hot/warm
water from developing.
Small Steps, Big Wins
Campus Challenge
Proves it's not impossible for one
person to make big change.
Reaccept
Reacquire
Reactivate
Read
Recoup
Recover
RecReate
Recruit
Reallocate
Reassemble
Reattain
Reawaken
Recultivate
Recycle
Redeem
Reblend
Rebuild
Recapture
Recertify
Recirculate
Reclaim
Recombine
Recompile
Recondition
Reconnect
Reconstitute
Reconstruct
Redeliver
Redeposit
Rediscover
Reduce
Reenergize
Reengage
Reengineer
Reenlist
Reenroll
Reequip
Reestablish
Reexamine
Reface
Refill
Reinvent
Refine
Reformulate
Reframe
Refresh
Refurbish
Reinvigorate
Rejuvenate
Rekindle
Refurnish
Refuse
Regain
Regenerate
Regreen
Regrind
Rehabilitate
Reimagine
Reimpose
Reinject
Reinsert
Reinspect
Reinstall
Reintroduce
Relabel
Relaunch
Reload
Remarket
Rematerialize
Remix
Remobilize
Remodel
Remonetize
Remotivate
Remove
Renevate
Renew(able)
Reoccupy
Reorient
Repack
Repair
Repay
Repeat
Replant
Replevin
Repossess
Reprocess
Repurchase
Repurify
Repurpose
Rescue
Research
Reshoe
Respecify
Respect
Responsibility
Restart
Restock
Restore
Resurrect
Retake
Rethink
Retread
Retrieve
Return
Reupholster
Re-use
Reutilize
Revalidate
Revenue
Revitalize
Revive
Revivify
Rewash
Rot
Reaccept
Reacquire
Reactivate
Read
Recoup
Recover
RecReate
Recruit
Reallocate
Reassemble
Reattain
Reawaken
Recultivate
Recycle
Redeem
Reblend
Rebuild
Recapture
Recertify
Recirculate
Reclaim
Recombine
Recompile
Recondition
Reconnect
Reconstitute
Reconstruct
Redeliver
Redeposit
Rediscover
Reduce
Reenergize
Reengage
Reengineer
Reenlist
Reenroll
Reequip
Reestablish
Reexamine
Reface
Refill
Reinvent
Refine
Reformulate
Reframe
Refresh
Refurbish
Reinvigorate
Rejuvenate
Rekindle
Refurnish
Refuse
Regain
Regenerate
Regreen
Regrind
Rehabilitate
Reimagine
Reimpose
Reinject
Reinsert
Reinspect
Reinstall
Reintroduce
Relabel
Relaunch
Reload
Remarket
Rematerialize
Remix
Remobilize
Remodel
Remonetize
Remotivate
Remove
Renevate
Renew(able)
Reoccupy
Reorient
Repack
Repair
Repay
Repeat
Replant
Replevin
Repossess
Reprocess
Repurchase
Repurify
Repurpose
Rescue
Research
Reshoe
Respecify
Respect
Responsibility
Restart
Restock
Restore
Resurrect
Retake
Rethink
Retread
Retrieve
Return
Reupholster
Re-use
Reutilize
Revalidate
Revenue
Revitalize
Revive
Revivify
Rewash
Rot
Advancing the Science of Sustainability
The Issue – We don’t have all the answers.
One Solution – Form partnerships with those that can continue
basic research.
January 31, 2012 – P&G signs a five
year Cooperative Research and
Development Agreement (CRADA)
with the US EPA National Risk
Management Research Laboratory.
June 4, 2013 - P&G and the
Chinese Research Academy of
Environmental Sciences (CRAES)
sign a strategic collaboration
agreement.
2020 Goal – 25% Renewable Materials
The Issue – Plastic derived from renewable materials can cost
more than that derived from fossil fuels.
One Solution – Partner with non-competitive companies to advance
research and create scale.
Five U.S. Brands Collaborating on Plant-Based PET
Plastics Today – June 5, 2012
Coca-Cola, Ford, Heinz, Nike and P&G have joined forces to accelerate the
development and use of 100% plant-based PET materials in their products…
Investment of Treasure
1.
2.
3.
4.
Funding studies
Investing in Package designs, multi-layer for HDPE bottles
Building End markets, demand for PCR
Expanding Infrastructure, Loans
External Organizations
Fees
Grants
Studies
Pilots
Package Designs
Multi-layer HDPE Bottles
DFR guidelines
Demand
End markets for PCR
Long-term contracts
25 yrs of HDPE PCR
Non-clear PET, HDG scoops
Looking for more quality rPP
Infrastructure Expansion
$10 Million P&G Commitment to
Closed Loop Fund
Expanding the Recycling Infrastructure
The Issue – Municipal Infrastructures need expanded
One Solution – Closed Loop Fund, low interest loans via social
impact fund, $ available Jan 2015
- Aiming for $100MM loan fund
-Broad participation from industry leaders
- The fund's founding investors include Walmart, Procter & Gamble, Coca-Cola,
Pepsico, Unilever, Johnson & Johnson, Keurig Green Mountain Coffee.
Time, Talent, and Treasure to meet 2020 goals
Time:
Talent:
Treasure:
Commitment of resources
Internal & External innovations/partnerships
Funds for recycling infrastructure
Package Sustainability Goals
1. 20% less packaging
2. Double our tonnage of PCR in plastic packaging
3. 90% of packaging is either recyclable or we are
working programs to recycle it,
4. $10 Million from P&G for Closed Loop Fund
www.closedloopfund.com
Thank You!
Stephen Sikra
Email [email protected]
TYPES OF
INVESTMENT REQUIRED
1. Zero & Low interest loans for infrastructure (Closed Loop Fund).
2. Grants to support innovation, outreach and pilot programs.
3. Private Equity investment in infrastructure and innovation.
4. Traditional bank lending for infrastructure and innovation.
5. Venture Capital investment in innovation.
6. Public policy that supports municipal recycling programs.