P&G faces a showdown over its environmental policies today, when shareholders get to weigh in on the company’s reliance on Canadian woodlands for paper.
Environmentalists scored a win against a corporate giant last year when Procter & Gamble Co. shareholders backed a proposal asking the maker of Charmin toilet paper and Bounty paper towel to report on its efforts to address deforestation.
This year, the Natural Resources Defense Council, Sierra Club and several dozen descendants of P&G’s founding families are lobbying shareholders to vote against longtime director Angela Braly.
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