Procter & Gamble Romania intends to invest in renewable energy

Consumer goods producer Procter & Gamble intends to invest in renewable energy that it could trade on the stock market, company representatives have said. “We intend to look at European funds for renewable energy, together with the Ministry of Environment. We could trade renewable energy on the stock market, as the transactions with green certificates are pending regulations,” said Ramona Brad, associate director for external relations with P&G.

Consumer brand giant Procter & Gamble (NYSE: PG) announced its long-term plans to become a significantly more environmentally sustainable company. By 2020, among many things, the company plans to replace 25% of its petroleum-based materials with sustainably sourced renewable materials, power its manufacturing plants with 30% renewable energy and reduce truck transportation of goods by 20% based on km/unit of volume).

The overall vision is to eventually use 100% renewable energy and see zero consumer waste go to landfills.

Read more about this in: Romania Business Insider


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