Procter & Gamble Stock Price, News & Analysis

Tide, America’s leading laundry detergent brand, has partnered with the NFL to promote cold water washing among 80 million households. This initiative aims to reduce greenhouse gas emissions significantly, estimating a decrease of 5.6 million metric tons annually, equivalent to removing over one million cars from the roads. Tide's campaign encourages fans to switch to energy-saving cold water washing, helping them save up to $150 on energy bills while extending the life of their clothes. The partnership reinforces Tide’s 2030 ambition to normalize cold washing across America.

Procter & Gamble (NYSE:PG) has deployed its Tide Loads of Hope Mobile Laundry Unit in Waverly, Tennessee, to assist families affected by severe flooding. Starting August 25, individuals can receive free laundry services, with up to two loads accepted per household. Alongside laundry services, personal care kits and cleaning products will be distributed through a partnership with Matthew 25: Ministries. This initiative aims to provide essential items to impacted communities, where up to 17 inches of rainfall has caused significant disruption.

Herbal Essences collaborates with TerraCycle to enhance environmental sustainability by installing 20 benches made from recycled hair care packaging in three preserves managed by The Nature Conservancy. Additionally, the program exceeded its initial goal by planting over 61,000 trees across the U.S. This initiative, part of the 'Renew the Forest' campaign, aims to combat climate change and restore forests, contributing to a global effort to plant one billion trees. The company continues to promote recycling through accessible programs for consumers.

Gillette Deodorant (NYSE: PG) has partnered with baseball legend CC Sabathia, golfer Max Homa, and Will Zalatoris to launch The 72 Club, an initiative aimed at enhancing golfers' performance. Starting August 29, golfers can join by registering with TheGrint app. Participants can earn recognition by shooting a net 72 and receive special offers and prizes, including exclusive gear. Gillette will also sponsor the City Tour Championship on Sept. 4-5 and engage caddies through The Caddie Network. The campaign highlights Gillette's 72-hour sweat protection feature, supporting athletes in their game.

Febreze has launched the innovative Febreze Unstopables Touch Fabric Spray, which combines odor elimination with touch-activated scent technology. This unique product allows consumers to refresh their homes with lasting scent from soft and hard-to-wash fabrics. With up to 100 touches of freshness, it revolutionizes the fabric refresher category. In partnership with Lisa Vanderpump, Febreze also introduces limited-edition 'touch-n-sniff' pillows that enhance the scent experience. This launch emphasizes Febreze's commitment to delivering long-lasting freshness and odor elimination.

Procter & Gamble's Always brand, in partnership with Thrive Global, launched the Always You app—a free period tracker designed to enhance users' wellness while combating period poverty. Users can track their menstrual cycles in under 30 seconds and contribute to donations for period products. The initiative addresses the challenge faced by 1 in 5 girls in the U.S. who miss school due to lack of menstrual products. The app also incorporates Thrive's wellness strategies to help women improve their holistic health.

The Procter & Gamble Company (NYSE: PG) announces that Nelson Peltz, CEO of Trian Fund Management, will not seek re-election to its Board of Directors during the 2021 Annual Meeting of Shareholders. Peltz has served since 2018 and has contributed to the Governance & Public Responsibility and Innovation & Technology Committees. Trian Fund Management expresses confidence in P&G's strategic direction and leadership, affirming the company's position for future success under David Taylor and Jonathan Moeller.

Procter & Gamble (NYSE: PG), a long-time Olympic sponsor, has launched the Athletes for Good Fund in collaboration with the IOC and IPC to support athletes making positive community impacts. The fund provided over $500,000 in grants for athletes' charitable initiatives ahead of the Tokyo 2020 Games. A virtual panel discussion featured athletes like Mariah Duran and Alice Dearing, who shared their journeys and community advocacy efforts. P&G's commitment is part of their 'Lead with Love' campaign aiming for 2,021 Acts of Good in 2021.

Eastman has partnered with Procter & Gamble to enhance recycling solutions and reduce reliance on virgin plastic packaging. This collaboration aims to implement Eastman Renew materials in select P&G products, promoting a circular economy. Both companies will work on initiatives to improve recycling infrastructure in the U.S., focusing on hard-to-recycle plastics. Eastman plans to construct a major plastic-to-plastic recycling facility in Kingsport, Tennessee, set to complete in 2022, utilizing over 200 million pounds of landfill-bound plastic annually.