Author(s)

Yinuo He ¹

Affiliation(s)

¹ James Cook University (Singapore Campus), Townsville, Queensland, Australia

Corresponding Author

Yinuo He

ABSTRACT

Today's society promotes sustainable development, which has become a core concern for society, governments, and businesses. Corporate sustainability is the process by which a company meets its current needs while considering its future social, environmental, and economic impacts to ensure long-term success and survival. This paper describes Procter & Gamble's achievements in the triple bottom line, focuses specifically on socio-cultural opportunities and challenges, and proposes and suggests challenges that companies and the household products industry may face on their journey to sustainability.

KEYWORDS

P&G; Social and Cultural; Sustainability; Triple Bottom Line Theory

CITE THIS PAPER

Yinuo He, Research on the Social and Cultural Sustainability Development of P&G Company Based on the Triple Bottom Line Theory. Accounting and Corporate Management (2023) Vol. 5: 56-61. DOI: http://dx.doi.org/10.23977/acccm.2023.051209.

REFERENCES

[1] Structure and governance | P&G. (n.d.). Procter & Gamble United Kingdom. https://www.pg.co.uk/structure-and-governance/
[2] The triple bottom line: what it is & why it’s important. (2020, December 8). Business Insights Blog. https://online.hbs.edu/blog/post/what-is-the-triple-bottom-line 
[3] Tech-Long. (2020). Share Development, Pass the Dream Tech-Long and P&G donates for Hope Project. Tech-Long. https://www.tech-long.com/charity/caring-student/share-development-pass-the-dream-tech-long-and-pg-donates-for-hope-project. html
[4] Procter&Gamble. (n.d.). Tackling plastic packaging: Sustainable Solutions | Procter & Gamble Investor Relations. https://www.pginvestor.com/esg/environmental/plastic-packaging/default.aspx
[5] Jenkins, A. (2022). Inventory Turnover Ratio Defined: Formula, tips, & examples. Oracle NetSuite. https://www. netsuite.com/portal/resource/articles/inventory-management/inventory-turnover-ratio.shtml
[6] P&G, you can’t outsource sustainability. (2020, July 16). https://www.nrdc.org/bio/shelley-vinyard/pg-you-cant-outsource-sustainability
[7] Culture. (2023, August 16). Procter & Gamble. https://www.pgcareers.com/global/en/culture
[8] Gamble, P. A. (2023). Doing the Right Thing with Our Supply Chain | P&G. Procter & Gamble. https://us.pg. com/ethics-and-corporate-responsibility/supply-chain/
[9] Luther, D. (2021). Supply chain sustainability: why it is important & best practices. Oracle NetSuite. https://www. netsuite.com/portal/resource/articles/erp/supply-chain-sustainability.shtml
[10] Culture. (2023b, August 16). Procter & Gamble. https://www.pgcareers.com/global/en/culture
[11] Gamble, P. A. (2023b). Equality & Inclusion | P&G. Procter & Gamble. https://us.pg.com/equality-and-inclusion/

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