Ethics & Corporate
Responsibility
Building on 186 years of experience, we know that a sustainably strong business depends on maintaining strong ethics, compliance, and quality standards.
Chief Legal Officer and Secretary
“P&G people are our greatest asset, and around the world, our people live out our Purpose, Values and Principles (PVPs) each and every day, leading and guiding our business decisions. Our people tell us every year that our PVPs are a key reason why they love to work at P&G and the strength of our PVPs continue to create a strong culture.”
Our approach to Ethics and Corporate Responsibility is our commitment to earn your trust every day.
Our Purpose, Values and Principles
Our Purpose, Values and Principles (PVPs) are the foundation of who we are at P&G. Our Purpose is to improve consumers’ lives in small but meaningful ways, and it inspires our people to make positive contributions every day. Our Values of Integrity, Leadership, Ownership, Passion for Winning and Trust shape how we work with each other and with our partners. And our Principles articulate our deliberate approach to conducting work every day. We know that our employees believe in the personal and business value of this PVP foundation. In our annual survey, employees consistently cite our PVPs as the number one aspect of P&G culture they would not change. Our philosophy is that a reputation of trust and integrity is built over time, earned every day and provides lasting value for our stakeholders.
Good Governance
We operate within the spirit and letter of the law, maintaining high ethical standards wherever we conduct business. In addition, we believe that strong governance principles, policies and practices contribute to better results for shareholders. The Board of Directors has adopted the Corporate Governance Guidelines, which describe our commitment to and guiding principles for strong governance. Overall, we believe our approach to governance strengthens the Board’s ability to provide meaningful oversight, review and counsel to the Company, as it acts on behalf of all of our shareholders. We describe these and other practices in the Governance section of our ESG Portal.
Respecting Human Rights
Respect for human rights is fundamental to the way we conduct our business. Our Human Rights Policy Statement communicates our support for the U.N. Guiding Principles for Business and Human Rights, which respect and honor the principles of internationally-recognized human rights. We embrace this commitment and responsibility of ensuring that human rights are upheld all along our end-to-end value chain, which in turn encompasses all our stakeholders, particularly our employees, our consumers, the communities where we do business and our business partners.
Confidence and Trust
We earn consumer trust by being open about our products and business practices and by operating in a way that is responsible, respectful and transparent. Nothing is more important than ensuring our products are safe for consumers and the environment. We provide information beyond the label about our product safety standards and the ingredients we use in our products and fragrances, and we are exploring new ways of sharing ingredient information to ensure it is clear, reliable and accessible. We are committed to responsible sourcing and leading change with our suppliers to ensure ethical, high-quality supply chains. We are also open about the consumer data we collect and how it is used, ensuring we obtain our consumers’ consent, and we respect and safeguard this information in accordance with our Global Consumer Privacy Policy. We work closely with our external business partners to ensure they understand our expectations and share our standards for safety, transparency, responsibility and privacy.
Speaking Up
Our employees hold themselves and one another accountable for operating with trust and integrity, for stepping up as leaders and owners of the business, and for balancing stewardship with a passion to win. We are committed to creating a work environment that fosters open communication and supports employees in reporting potential violations. Employees and individuals in our operations or extended supply chain can report potential violations. We are committed to reviewing all allegations of wrongdoing. We do not tolerate retaliation of any kind.
EXPLORE THE REPORT
Learn more about our Citizenship areas and read the top stories from the past year.
Or download the 2023 Citizenship Report PDF
The information in this report covers the period of July 1, 2022 to June 30, 2023, unless noted otherwise. References to “fiscal year,” “FY,” or “2023” in this report refer to P&G’s 2022/2023 fiscal year, which covers the time period of July 1, 2022 to June 30, 2023.
FORWARD-LOOKING STATEMENTS Certain statements in this report, including statements relating to our environmental sustainability, equality and inclusion, and other ESG targets, estimates, projections, goals, commitments, and expected results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are generally identified by the words “believe,” “expect,” “anticipate,” “intend,” “opportunity,” “plan,” “project,” “will,” “should,” “could,” “would,” “likely” and similar expressions. Forward-looking statements are based on current assumptions that are subject to risks and uncertainties that may cause actual results to differ materially from the forward-looking statements, including the risks and uncertainties discussed in Item 1A — Risk Factors of the Form 10-K included in our 2023 Annual Report and in our most recent 10-Q and 8-K reports. Such forward-looking statements speak only as of the date they are made, and we undertake no obligation to update or revise publicly any forward-looking statements, except as required by law.