Proctor&Gamble Makes Sustainability Analysis Tool Freely Available
Procter & Gamble is a multinational corporation that provides consumer products in the areas of pharmaceuticals, cleaning supplies, personal care, and pet supplies.
The Scorecard Analysis Tool is the latest component of P&G’s Supply Chain Environmental Sustainability Scorecard. It was designed to improve the environmental footprint of P&G’s supply chain, fuel innovation, and encourage suppliers to make environmental improvements in their own supply chains. P&G intends to make the Scorecard freely available for use by any company.
The Scorecard measures absolute or intensity improvements in nine key metrics including energy use, water use, waste disposal, and greenhouse gas emissions on a year-to-year basis. It also assesses P&G’s external business partners’ sustainability innovation ideas and promotes collaboration. Its results affect a supplier’s rating, which can impact future business opportunities with P&G.
The Excel-based tool, launched last year, enables companies to measure and interpret key environmental sustainability metrics across their supply chains and identify progress as well as opportunities for improvement.
P&G estimates that the scorecard has led to nearly $1 billion in bottom-line operational savings from reductions in energy, water, waste, and CO2 at its facilities over the past ten years.
By providing this tool for free, P&G hopes to enable other companies to more purposefully focus on improving their environmental footprint without investing in the development of analysis software. The scorecard and analysis tool are available here.