JOAMS 2024 Vol.12(4): 139-143
doi: 10.18178/joams.12.4.139-143
doi: 10.18178/joams.12.4.139-143
Effects of Sustainability Efforts on Organic Growth in a Multinational Company: A Case Study of Procter and Gamble
Alexander Wollenberg1,*, Gizela Nicol Olivares Rodríguez2, José Guadalupe Octavio Cabrera Lazarini3, and Juan José Cabrera Lazarini4
1. Department of Management Science and Engineering, Khalifa University, Abu Dhabi, United Arab Emirates
2. Paula M. Trienens Institute for Sustainability and Energy, Northwestern University, USA
3. Department of Marketing and Data Analytics, Monterrey, Tecnológico de Monterrey, México
4. Department of Information and Decision Sciences, College of Business Administration, University of Illinois, Chicago, USA
Email: alexander.wollenberg@ku.ac.ae (A.W.); nicolivares@northwestern.edu (G.N.O.R.); octavio.cabrera@tec.mx (J.G.O.C.L.); jcabre23@uic.edu (J.J.C.L.)
*Corresponding author
2. Paula M. Trienens Institute for Sustainability and Energy, Northwestern University, USA
3. Department of Marketing and Data Analytics, Monterrey, Tecnológico de Monterrey, México
4. Department of Information and Decision Sciences, College of Business Administration, University of Illinois, Chicago, USA
Email: alexander.wollenberg@ku.ac.ae (A.W.); nicolivares@northwestern.edu (G.N.O.R.); octavio.cabrera@tec.mx (J.G.O.C.L.); jcabre23@uic.edu (J.J.C.L.)
*Corresponding author
Manuscript received December 1, 2023; revised January 31, 2024; accepted February 28, 2024; published October 29, 2024.
Abstract—The Paris agreement on climate change establishes guidelines for the performance of companies in relation to emissions reduction, governance, and disclosure through the Climate Action 100+ Net Zero Company Benchmark. As a result, companies in all signatory countries are obliged to reduce their emissions and consumption of non-renewable forms of energy by 2050. Since this accord affects all companies from all industries globally, every company needs to establish their own internal procedures to achieve established targets. Securing new forms of energy supplies results is a new challenge for companies and results in uncertainty and additional transaction costs with potential effects on profitability and thus shareholder value. As a method to maintain shareholder value, companies have therefore sought to offset resulting higher costs with organic sales growth. Therefore, we investigate the link between organic sales growth in a large publicly traded multinational Procter & Gamble as a result of its implementation of renewable energy policies and increased utilisation of renewable energies in production. We use time-series data from 2002 to 2022.
Keywords—renewable energies, sustainable development goals, organic growth, organic sales growth, corporate social responsibility, risk management, emissions reduction, Procter & Gamble (P&G)
Cite: Alexander Wollenberg, Gizela Nicol Olivares Rodríguez, José Guadalupe Octavio Cabrera Lazarini, and Juan José Cabrera Lazarini, "Effects of Sustainability Efforts on Organic Growth in a Multinational Company: A Case Study of Procter and Gamble," Journal of Advanced Management Science, Vol. 12, No. 4, pp. 139-143, 2024.
Keywords—renewable energies, sustainable development goals, organic growth, organic sales growth, corporate social responsibility, risk management, emissions reduction, Procter & Gamble (P&G)
Cite: Alexander Wollenberg, Gizela Nicol Olivares Rodríguez, José Guadalupe Octavio Cabrera Lazarini, and Juan José Cabrera Lazarini, "Effects of Sustainability Efforts on Organic Growth in a Multinational Company: A Case Study of Procter and Gamble," Journal of Advanced Management Science, Vol. 12, No. 4, pp. 139-143, 2024.
Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License (CC BY-NC-ND 4.0), which permits use, distribution and reproduction in any medium, provided that the article is properly cited, the use is non-commercial and no modifications or adaptations are made.