Exclusive-Procter & Gamble to disclose more details about wood-pulp audits, investors say [Yahoo! Finance Canada]
BNP PARIBAS SPONS ADR (BNPQY)
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Source: Yahoo! Finance Canada
it will disclose more details about how it audits wood-pulp suppliers, the investors told Reuters, after shareholders pushed the maker of Charmin toilet paper for years to source forest products more sustainably. The world's biggest consumer products maker has previously said it performs audits but provided little information about them. Logging's impact on the environment has raised scrutiny of P&G and other major pulp users. The next step is for P&G and the investors to discuss specifics of what the company will now disclose, said Andrew Shalit, a shareholder advocate at Green Century. Shalit sees such disclosures as important to helping environment-minded investors evaluate their holdings in P&G and other companies that buy pulp, particularly from Canada's ecologically sensitive forests. The maker of Bounty paper towels said this month it guards details of its global supply chain for competitive reasons. Green Century wants clarity on P&G's supply chain to set an example fo
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