Procter & Gamble Company (The)
PG
Consumer Staples
1
exclusion reason
1 theme
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Procter & Gamble used 691,000-712,000 metric tons of plastic packaging in 2023, ranking #7 globally for branded plastic waste found in the environment (Break Free From Plastic 2023 Global Brand Audit, conducted by 8,804 volunteers across 41 countries collecting 537,719 pieces of waste). P&G ranks #6 in Asia for single-use sachet pollution — selling products in packaging that is essentially impossible to recycle and directly pollutes waterways and soil in countries without waste management infrastructure. P&G has a 2030 goal to reduce virgin plastic by 50% per unit of production but was only at 21% progress as of last reporting. Total corporate virgin plastic use actually increased 3% in 2020-2021. P&G does not participate in the Ellen MacArthur Foundation's Global Commitment (unlike Unilever, Nestle, and other peers). As You Sow filed a 2025 shareholder resolution demanding stronger flexible plastics policies.
Research Sources
3 organizations
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A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.