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<ul><li>The announcement is in line with P&amp;G’s global sustainability goals ‘Ambition 2030’ aimed at creating a positive impact on the environment and society.</li><li>P&amp;G India is hosting the second edition of ‘<keyword id="8384504" type="UNKNOWN" weightage="20" keywordseo="PG-vGROW">P&amp;G vGROW</keyword> External Business Partner Summit’ on November 28 – 29, 2019, providing a platform to suppliers to pitch their solutions to P&amp;G’s leadership team.</li><li>P&amp;G has already invested more than ₹200 crore through the ‘<keyword id="8384506" type="UNKNOWN" weightage="20" keywordseo="Innovation-Sourcing-fund">Innovation Sourcing fund</keyword>’ set-up last year via collaboration with organizations including start-ups and small businesses.</li></ul> In an attempt to create a positive impact on the environment, Procter &amp; Gamble (P&amp;G) India has set-up a ₹200 crore ‘<keyword id="8384505" type="UNKNOWN" weightage="20" keywordseo="environmental-sustainability-fund">Environmental Sustainability Fund</keyword>’. The brand will collaborate with external partners offering environmentally sustainable business solutions. With this announcement, P&amp;G has also launched the second edition of ‘P&amp;G vGROW External Business Partner Summit.’ vGROW is P&amp;G’s first-of-its-kind platform to identify and collaborate with businesses and individuals offering industry-leading solutions. The two-day summit offers a platform to potential partners like start-ups, small businesses, individuals and large organizations offering innovative industry-leading solutions to pitch to P&amp;G’s leadership team. This year, the summit is focused on identifying and implementing step-changing environmentally sustainable solutions like packaging innovations, renewable sources of energy and reducing <keyword id="6404408" type="UNKNOWN" weightage="20" keywordseo="Carbon-footprint">carbon footprint</keyword>. The ‘Environmental Sustainability Fund’ comes in addition to the ongoing ‘Innovation Sourcing Fund’ launched last year. <keyword id="6263563" type="UNKNOWN" weightage="20" keywordseo="Madhusudan-Gopalan">Madhusudan Gopalan</keyword>, MD &amp; CEO, P&amp;G Indian Subcontinent, said, “Environmental sustainability is a key pillar of our citizenship efforts, and embedded in our business strategy. We know that solving the biggest challenges requires collaboration that enables people, planet and businesses to thrive. We are delighted to set-up the ‘Environmental Sustainability Fund’ to collaborate with external partners in India, that are offering cutting-edge environmentally sustainable solutions in line with our strategy.” Madhusudan further added, “India is a priority market for the company and continues to be at the forefront of innovation. Last year we announced the ‘Innovation Sourcing Fund’ through which we have already invested more than ₹200 crore on implementing innovative solutions in collaboration with external partners from across India. Building on this, we are confident that this year, through ‘vGROW’ we will be able to identify and implement transformational sustainable solutions from partners across India that will lead to a positive impact on the environment while creating value for the company, partners and consumers.” Last year, P&amp;G set-up the ‘Innovation Sourcing fund’ to collaborate with external partners offering cutting-edge innovative solutions. Over the last year, P&amp;G received 1000+ applications from start-ups, small businesses, university incubation centers and large organizations. The company has already invested more than ₹200 crore in collaborating with organizations offering innovative solutions like agile supply chain solutions, raw material innovations, superior brand and marketing solutions for consumers, innovation on packaging, productivity ideas etc. P&amp;G will continue to invest in innovative solutions via this fund in line with the business strategy.

P&G India sets up a ₹200 crore ‘Environmental Sustainability Fund’, will collaborate with external partners on environmentally sustainable solutions

New Delhi, Apr 15 () FMCG major Procter &amp; Gamble (P&amp;G) on Wednesday said it will donate face masks and hand sanitisers to the government and relief organisations to support the fight against the coronavirus pandemic in India. The company is planning to donate 1.5 million masks to the government and relief organisations, it said in a statement. P&amp;G has already started production of hand sanitisers at its Roorkee facility and will soon start manufacturing 3-ply face masks in Hyderabad, the firm said in the statement. The company added that these initiatives are part of its response programme 'P&amp;G Suraksha India'. P&amp;G Indian Subcontinent MD &amp; CEO Madhusudan Gopalan said, "Under the programme, we are stepping up to support the government and those who are on the front line in India's fight against COVID-19." Gopalan said that the company has started production of hand sanitisers and will begin the production of masks soon, using it to ensure people can continue operating safely and will share it with those who are on the front line. "To start with, we will donate 1.5 million masks to the government and relief organisations to combat the spread of this pandemic," he added. Under P&amp;G Suraksha India, the company is extending its support to the broader community through in-kind, product and critical supplies to aid frontline and essential workers who are working to combat the spread of coronavirus. It is also leveraging its advertising and brand voice on traditional and social media to increase awareness on safety and hygiene measures among consumers. KRH HRS

P&G to distribute face masks, hand sanitisers for supporting fight against COVID-19

<ul><li><keyword id="1464803" type="COMPANY" weightage="20" keywordseo="Procter-Gamble-Hygiene">Procter &amp; Gamble Hygiene</keyword> and Health Care Ltd. announces <keyword id="540828" type="PERSON" weightage="20" keywordseo="third-quarter-results">third quarter results</keyword>.</li><li>Hygiene and health care giant’s sales up 16% and PAT up 8% for the quarter ended March 31, 2021.</li></ul><keyword id="6361491" type="UNKNOWN" weightage="20" keywordseo="Procter-Gamble">Procter &amp; Gamble</keyword> Hygiene and Health Care Ltd announced today its financial results for the quarter ended March 31, 2021. The company delivered sales of ₹760 crores, up 16% from last year. Profit After Tax (PAT) for the quarter was ₹98 crores, up 8% vs year ago. Both the feminine care and health care business delivered strong double-digit sales growth in the quarter. Madhusudan Gopalan, Managing Director, Procter &amp; Gamble Hygiene and Health Care Ltd. said, “As the country faces the second wave of the pandemic, we continue to focus on protecting the health and safety of our people, serving the Indian consumers with our health and hygiene products, and supporting communities in need through our relief efforts. In a challenging environment, we delivered double-digit profitable growth for the third consecutive quarter this year. Our strategy of driving superiority, improving productivity, leading constructive disruption, and strengthening our organization and culture has enabled us to consistently deliver results and continue to be the right strategies to deliver balanced growth in the long-term.” He further added, “Since the outbreak of the pandemic, we have implemented robust health and hygiene standards across our sites and our qualified team of medical experts are working round the clock to support our people and their families on health related queries. We are continuing to extend our support to the communities under our #PGSurakshaIndia program. As P&amp;G group, we recently announced our pledge to donate INR 50 Cr towards 10 lakh vaccine doses for 5 lakh citizens in partnership with state governments and local authorities.” Since the outbreak of the pandemic, P&amp;G launched the #PGSurakshaIndia program and has been partnering with the government and relief organizations to serve frontline workers and the communities. The company will continue to extend its support to the broader community through donation of in-house manufactured masks and sanitizers specially to aid frontline and essential workers who are tirelessly working to combat the spread of COVID-19. The company will also continue to leverage its advertising and brand voice responsibly to increase awareness on health, safety and hygiene measures among consumers and the community. The Board of Directors declared a special interim dividend of ₹150 on every equity share of ₹10. The record date for the dividend will be May 12, 2021. The company has delivered balanced growth in recent years behind its focus on driving superiority, improving productivity, and strengthening the organization culture. This year also marks two decades of Whisper Ultra’s launch in India. The dividend demonstrates the company’s intent to reward shareholders for strong results in a challenging market environment.

P&G spent Rs 12,958 crore on advertising and sales promotion during Jan-March 2021

New Delhi, Feb 12 () FMCG firm Procter &amp; Gamble Hygiene and Health Care Ltd on Wednesday reported a 9.51 per cent rise in net profit to Rs 135.93 crore for the second quarter ended December 2019, helped by continued focus on productivity and savings. The company, which follows the July-June financial year, had posted a profit of Rs 124.12 crore in the year-ago period, Procter &amp; Gamble Hygiene and Health Care said in a regulatory filing. Its revenue from operations during the quarter stood at Rs 859.27 crore, up 5.03 per cent as compared with Rs 818.07 crore in the corresponding quarter of the previous financial year. Procter &amp; Gamble Hygiene and Health Care MD Madhusudan Gopalan said, "In a challenging macroeconomic environment, our focus on raising the bar on superiority, improving productivity, and strengthening the organisation culture has enabled us to deliver sustained growth during the second quarter." Its total expenses during the October-December quarter was at Rs 686.29 crore as against Rs 639.66 crore, a rise of 7.28 per cent. On the outlook, he said, "We will continue to remain focused on these strategies in line with our aim to drive balanced sales and profit growth." Shares of Procter &amp; Gamble Hygiene and Health Care Ltd on Wednesday fell 1.04 per cent to Rs 11,336.10 on the BSE. KRH HRS

Procter & Gamble Hygiene and Health Care Q2 net profit rises 9.5 pc to Rs 135 cr

New Delhi, Feb 13 () FMCG firm Gillette India on Thursday reported 31.63 per cent rise in profit after tax (PAT) at Rs 71.07 crore for the quarter ended December 31, 2019.The company, which follows July-June financial year, reported a PAT of Rs 53.99 crore for October-December 2018, Gillette India said in a BSE filing.However, its net sales was down 3.43 per cent to Rs 459.31 crore during the quarter under review as against Rs 475.66 crore in the year-ago period.According to the company, this was "due to market slowdown and trade inventory correction".Its revenue from grooming segment was Rs 344.81 crore as against Rs 373.22 crore in the corresponding quarter a year ago, while revenue from oral care was at Rs 114.50 crore as against Rs 102.44 crore. " In a challenging macro-economic environment, we delivered a resilient quarter by raising the bar on superiority, improving productivity, and strengthening the organization culture. Despite market challenges, the business grew ahead of the market as Gillette achieved its highest-ever share and strong offtake growth," Gillette India Managing Director Madhusudan Gopalan said.Total expenses of the company stood at Rs 373.76 crore as against Rs 391.03 crore earlier, down 4.41 per cent.On the outlook, he said:"We will continue to focus on adding new users and invest on innovation across our portfolio."Shares of Gillette India were trading at Rs 6,326.60 apiece, down 1.23 per cent, on the BSE. KRH KRH ANUANU

Gillette India Dec qtr profit up 32 pc at Rs 71 cr

<ul><li><keyword id="6361491" type="COMPANY" weightage="20" keywordseo="Procter-Gamble">Procter &amp; Gamble</keyword> also announced new declarations aimed to accelerate gender equality across India, at its #WeSeeEqual summit, held virtually.</li><li>Built on the theme ‘#Unsaid and #Undone’, the summit brought together leading voices on Gender Equality to challenge the current discourse and commit to the actions needed for progress.</li></ul>Procter &amp; Gamble today announced its commitment to achieve equal <keyword id="10779840" type="UNKNOWN" weightage="20" keywordseo="representation-of-female-directors">representation of female directors</keyword> behind the camera for its advertisements across brands in India over the next three years. P&amp;G will lead this through a comprehensive set of actions to do its part to build, fuel and connect a pipeline of diverse female talent in advertising, media and content opportunities as a systemic solution. Sharat Verma, Chief Marketing Officer and Vice President – Fabric Care, <keyword id="113078" type="COMPANY" weightage="20" keywordseo="PG-India">P&amp;G India</keyword> said, “At P&amp;G, we want to leverage our voice in advertising and media to be a force for good and a force for growth. We are proud of the progress we have made in sparking conversations on gender equality through campaigns like Ariel #ShareTheLoad, Whisper #KeepGirlsInSchool, Gillette #ShavingStereotypes, among others. As we continue to drive accurate portrayal of women in front of the camera, we understand the importance of driving <keyword id="10779838" type="UNKNOWN" weightage="20" keywordseo="equal-representation">equal representation</keyword> behind the camera. With that in mind, over the next three years we are committing to achieve equal representation of women directors for advertisements we make across our brands in India. We believe that having more women behind the camera will help the industry achieve a more accurate and unbiased portrayal of women in advertising.” P&amp;G will also continue to build on its aspiration to achieve responsible advertising by breaking stereotypes and busting myths via its advertising including characteristics, roles and context. Procter &amp; Gamble also announced new declarations aimed to accelerate gender equality across India, at its #WeSeeEqual summit, held virtually. Built on the theme ‘#Unsaid and #Undone’, the summit brought together leading voices on Gender Equality to challenge the current discourse and commit to the actions needed for progress. Hosted virtually for the first time, the event saw distinguished advocates and personalities like Sania Mirza, Faye D’souza, Ritesh Deshmukh, Genelia Deshmukh and many more, come together to address the challenges of gender and women’s equality. Madhusudan Gopalan, CEO, P&amp;G Indian Subcontinent said, “At P&amp;G, we are committed to be a force for good and a force for growth. In line with that, we want to drive equal opportunities for women and girls in education, at home, and in the workplace. In India, we have made strong progress through our initiatives like Whisper Menstrual Health and Hygiene Program, P&amp;G Shiksha, working with women-owned businesses and campaigns like Ariel #ShareTheLoad and Gillette #ShavingStereotypes. Our new declarations will further accelerate our progress through a series of new actions, commitments and partnerships. Promoting equality is critical, now more than ever as we recover from the current health crisis in India.” P&amp;G announced the following new declarations to take action and inspire change on Gender Equality in India: <ul><li>P&amp;G will continue on its commitment to raise awareness about menstrual hygiene, through its brand Whisper®. P&amp;G has educated more than 4 crore girls in India on menstrual hygiene till date and will educate more than 2.5 crore adolescent girls, on puberty and hygiene over the next three years</li><li>In line with P&amp;G India’s announcement to invest in women-owned businesses in 2018, the company has already spent more than ₹200 Cr ($30 million) with women-owned businesses in India. Furthering this commitment, P&amp;G will spend ₹300 Cr by deliberately working with women-owned businesses in India over the next three years</li><li>P&amp;G India will drive equality behind the camera by creating equal opportunities, capability and resource sharing. Over the next three years, P&amp;G commits to have equal representation of female directors for its advertisements across brands in India. </li><li>In order to provide equal opportunity for women in STEM roles, P&amp;G will:</li><li>Build digital and technological capability of 10,000+ women across P&amp;G’s external network (including customers, retailers, agency partners, among others) over the next year. This will help unlock their potential and enable them to meet their career aspirations </li><li>Leverage Government’s NEEM Mission across all plant locations in India to upskill and create opportunities exclusively for girls in the neighbouring communities around its plant. P&amp;G has already kickstarted this with its first of its kind initiative called ‘Venus Betiyaan’ at its Bhiwadi Plant, where they are bringing in girls for apprenticeship opportunities and experience on working on the shopfloor</li><li>Annually engage with 150+ colleges that offer STEM curriculum via a dedicated program focused on breaking gender barriers in STEM and Supply Chain. The company will also work with NITIE towards tackling on-ground, perception-based and opportunity-linked barriers with an aim to double the gender ratio on NITIE campus over the next 5 years</li><li>P&amp;G is introducing ‘Share the Care’, a new inclusive parental leave policy in India. This will entitle all new parents including biological parents, domestic partners, adoptive parents, parents in same-sex couples to 8 weeks fully paid parental leave. This builds on the company’s existing maternity leave policy of 26 weeks for birthing mothers and adoption leave of 26 weeks for primary caregivers.</li></ul>

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P&G India sets up a ₹200 crore ‘Environmental Sustainability Fund’, will collaborate with external partners on environmentally sustainable solutions

BI India Partner

P&G to distribute face masks, hand sanitisers for supporting fight against COVID-19

PTI

P&G spent Rs 12,958 crore on advertising and sales promotion during Jan-March 2021

BI India Partner

Procter & Gamble Hygiene and Health Care Q2 net profit rises 9.5 pc to Rs 135 cr

PTI

Gillette India Dec qtr profit up 32 pc at Rs 71 cr

PTI

P&G commits to achieve equal representation of female directors behind the camera for its ads in India over the next three years

BI India Partner

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