P&G committed to #ChooseEqual at UN Equality Forum
Procter & Gamble (P&G) will invest $10b in businesses led or owned by women by 2025, to advance women’s economic empowerment.
P&G face down gender bias and uplift women-owned businesses
P&G has worked for decades to advance women’s economic empowerment throughout its global value chain. The company’s ambition is to grow investment with these women-owned and women-led businesses to 10% of P&G’s purchasing dollars.
P&G is partnering with several organisations to accelerate progress and drive change. Together with their global, regional, and local partners, P&G is:
- Building up women entrepreneurs
- Developing the tools, definitions and infrastructure needed
- Encouraging the collaboration across companies and industries to join in and advance these efforts.
For years, P&G has worked to help change deeply held gender biases that often reinforce many of the greatest barriers to women’s progress – and that includes changing mindsets around the role of men and boys at home.
As part of this effort, P&G and its brands are tackling the “chore gap,” the disproportionate amount of unpaid care and domestic work done by women in most homes.
In announcing the three-year partnership with Promundo, a global leader in advancing gender equality and preventing violence by engaging men and boys in partnership with women, girls and individuals of all gender identities, P&G and its brands will leverage their voice in advertising and media to shift the narrative around men’s caregiving and domestic work.
Equality is a foundational value at P&G
In partnership with Promundo and in collaboration with others, P&G will also advocate for and support working families through equality-based policies and programs that enable all genders to play an equal role at home while still enjoying a full and rewarding career.
Last year, P&G established a global minimum standard for paid parental leave so that all parents can equally share bringing a new child into their home.
“At P&G, our focus on gender equality is foundational and integrated into our business,” said Carolyn Tastad, Group President, North America and Executive Sponsor, Gender Equality. “We cannot allow the challenges of the past year to be a setback for gender equality. Instead, we need to step forward to invest and to actively choose equal. These commitments will create meaningful impact to advance gender equality around the world.”
Jacobs amplifies sustainability practices with PlanBeyond 2
Civil engineering group, Jacobs, is reinforcing environmental, social and governance (ESG) alignment across the business, through the implementation of a new global approach, PlanBeyondSM 2.0. This will propel the integration of sustainability throughout operations and client solutions.
Jacobs provides consulting and project delivery, for both the government and the private sector. The company is headquartered in Dallas, Texas and has a revenue of US$13bn.
With the launch of PlanBeyond 2.0, sustainability will be even more deeply integrated into Jacobs' global workforce. PlanBeyond 2.0 continues Jacobs' commitment to embed sustainability across all solutions — with accelerated investment in ESG growth sectors including energy transition, sectoral decarbonisation, environmental stewardship, health and social value.
Jacobs aims to hit its sustainability targets
In 2015, the United Nations set up the 17 Sustainable Development Goals, targets agreed to by all United Nations Member States to end poverty, support the environment and create social wellbeing.
Jacobs believes that all 17 of the goals are interconnected. Through stakeholder engagement and assessment, Jacobs has identified six core SDGs, which have been turned into business objectives:
- To advance the health and wellbeing of society
- Deliver solutions for the global water and sanitation crisis
- Foster a culture of technology and innovation
- Create a fair and inclusive future for all
- Develop efficient solutions that deliver net environmental and societal gain
- Address the climate emergency
Jacobs’ employees will expand their understanding of sustainability
Additionally, Jacobs will educate and empower its employees across the company by increasing their knowledge of sustainability, so that all client solutions across its global markets can be designed to contribute toward a resilient future. Employees will:
- Have access to training courses
- Be offered project tools to reinforce sustainability plans and targets
- Be introduced to climate risk and resilience practices
"As a purpose-led company, we recognise that our biggest opportunity to positively address climate change and societal inequalities comes from the solutions we provide our clients — from the world's largest infrastructure projects to mission-critical outcomes and sustainable design", said Steve Demetriou, Jacobs Chair and CEO. "We consider it not only good business, but our obligation to channel our expansive capabilities in resilient infrastructure, regenerative design, clean water, green energy and social value toward benefitting people and the planet, while continuing to outperform and drive superior stakeholder value."
Sustainability at Jacobs means ‘Pursuing long-term business resilience and success while positively contributing toward the economy, society and the environment’ - this can’t be done without the Jacobs team understanding why sustainability is so important and achievable.