CINCINNATI, July 1 (Bernama-BUSINESS WIRE) — Today, Procter & Gamble (NYSE:PG) continues to #ChooseEqual with new actions to accelerate progress toward gender equality at home, at work and in society. As part of this expansion of their work, P&G is committing to spend $10 billion with women-owned and women-led businesses by 2025. P&G has worked for decades to advance women’s economic empowerment throughout its global value chain, and today’s announcement is the next step in that journey. The company’s ambition over time is to grow investment with these women-owned and led businesses to 10 percent of P&G’s purchasing dollars – 10 times the industry average1.
To drive meaningful action at scale, P&G is partnering with several organizations to accelerate progress and drive change, including UN Women, WEConnect International, Women’s Business Enterprise National Council (WBENC), the Women’s Forum for the Economy & Society and more. Together with their global, regional, and local partners, P&G is supporting capability building of women entrepreneurs; further developing the tools, definitions and infrastructure needed; and driving collaboration across companies and industries to join in and advance these efforts.
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