Market Chatter: Procter & Gamble to Disclose Audit Details on Wood Pulp Suppliers

MT Newswires Live12-16

Procter & Gamble (PG) promised a group of shareholders it would disclose more details on its audit practices for wood pulp suppliers, Reuters reported Monday, citing the investors.

Certain shareholders have been pushing the company to source forest products more sustainably, the report said.

The investors and P&G are next expected to discuss the specifics of what to disclose.

P&G did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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