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KMB Kimberly Clark Corp

136.53
0.60 (0.44%)
After Hours
Last Updated: 21:38:20
Delayed by 15 minutes
Share Name Share Symbol Market Type
Kimberly Clark Corp NYSE:KMB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.60 0.44% 136.53 137.11 134.17 135.46 2,875,733 21:38:20

Kimberly-Clark Aims to Cut Environmental Footprint by Half by 2030

08/07/2020 1:39pm

Dow Jones News


Kimberly Clark (NYSE:KMB)
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From Apr 2019 to Apr 2024

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   By Dave Sebastian 
 

Kimberly-Clark, the maker of disposable products such as Kleenex tissues and Huggies diapers, said it aims to cut its carbon, forest, water and plastics footprint by half by 2030.

The company said it is targeting carbon-footprint reductions for direct and indirect greenhouse gas emissions, also respectively known as Scope 1 and Scope 2 emissions, from their 2015 base year. It aims to reduce 20% of Scope 3 emissions, or those from sources the company doesn't control, from purchased goods and services and the end-of-life treatment of sold products.

Kimberly-Clark said it plans to use more environmentally preferred fibers such as plantation-grown wood, alternative non-wood and recycled fibers to help it cut its forest fiber footprint by half by 2025. It said it would also account for challenges encountered by indigenous communities that depend on forests for their livelihoods.

The company said it aims to cut plastic footprint by half by using more renewable materials.

In 2019, the company reduced direct and indirect greenhouse gas emissions by 34.7% from 2005, and is working to reduce them by 40% by 2022, it said. It reduced natural-forests footprint by 31% from 2011 and water footprint in water-stressed areas by 28.9% from 2015.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

July 08, 2020 08:24 ET (12:24 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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