October 15, 2012
At its shareholder meeting about 6 percent of stakeholders of Cincinnati-based P&G voted to support a proposal to evaluate extended producer responsibility (EPR) as a means to increase recycling of the company’s post-consumer packaging, according to a news release from the Oakland, Calif.-based As You Sow.
The group said the vote follows votes of 25-percent shareholder support from Kraft Foods and 13 percent from Kroger. That means that combined company shares worth $25.5 billion have been voted in favor of EPR proposals this year.
“We are pleased that shareholders are supporting our efforts to get Procter & Gamble to pay its fair share to collect and recycle packaging as it is required to do in many other countries,” said Conrad MacKerron, senior program director of As You Sow.