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P&G changes palm oil policy following protests

By The Associated Press
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The Procter & Gamble Co. has updated its policy on palm oil following high-profile protests by Greenpeace at its Cincinnati headquarters.

The world’s largest consumer products company said Tuesday that it has adopted a “no-deforestation” policy for its palm oil supply. The new goals go beyond its existing policy and aim to ensure its products do not contribute to deforestation. The company said it will work with suppliers and others to ensure it meets this goal by 2020. It will also establish traceability of its palm oil related supply by 2015.

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