Kimberly-Clark Aims to Cut Environmental Footprint by Half by 2030
July 08 2020 - 8:39AM
Dow Jones News
By Dave Sebastian
Kimberly-Clark, the maker of disposable products such as Kleenex
tissues and Huggies diapers, said it aims to cut its carbon,
forest, water and plastics footprint by half by 2030.
The company said it is targeting carbon-footprint reductions for
direct and indirect greenhouse gas emissions, also respectively
known as Scope 1 and Scope 2 emissions, from their 2015 base year.
It aims to reduce 20% of Scope 3 emissions, or those from sources
the company doesn't control, from purchased goods and services and
the end-of-life treatment of sold products.
Kimberly-Clark said it plans to use more environmentally
preferred fibers such as plantation-grown wood, alternative
non-wood and recycled fibers to help it cut its forest fiber
footprint by half by 2025. It said it would also account for
challenges encountered by indigenous communities that depend on
forests for their livelihoods.
The company said it aims to cut plastic footprint by half by
using more renewable materials.
In 2019, the company reduced direct and indirect greenhouse gas
emissions by 34.7% from 2005, and is working to reduce them by 40%
by 2022, it said. It reduced natural-forests footprint by 31% from
2011 and water footprint in water-stressed areas by 28.9% from
2015.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
July 08, 2020 08:24 ET (12:24 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Kimberly Clark (NYSE:KMB)
Historical Stock Chart
From Mar 2024 to Apr 2024
Kimberly Clark (NYSE:KMB)
Historical Stock Chart
From Apr 2023 to Apr 2024