P&G faces shortage of recycled plastic in race to meet sustainability goals

Read the full story from Reuters.

Procter & Gamble Co (PG.N) has lofty goals for cutting its environmental impact by 2030 but obtaining recycled plastic for more sustainable packaging is challenging, the company’s vice president of global sustainability said at the Reuters Next conference.

Global supply chain issues are making obtaining environmentally sound packaging materials more difficult, Jack McAneny said on Friday, as the consumer goods giant scrambles to meet the demands of an increasingly eco-conscious consumer base.

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