Procter & Gamble (PG:US) – Climate Transition Analysis

Procter & Gamble’s emissions are projected to follow a business-as-usual (BAU) trajectory, resulting in a +3°C warming scenario by 2030. The primary reason for not meeting the emissions level recommended by the Science-Based Targets Initiative (SBTi) for a 1.5°C alignment is P&G’s failure to address upstream Scope 3 emissions. Despite sustainability targets being overseen by the board and management, P&G’s engagement with its value chain remains limited. Additionally, P&G’s risk assessment and opportunity identification process lack quantified metrics for effective evaluation and mitigation.