P&G and Tokyo 2020 Announce The Podium Project – The First-Ever Medals Podiums Created From Recycled Plastic for Upcoming Olympic Games and Paralympic Games
Today, in partnership with the Tokyo 2020 Organizing Committee, and the International Olympic Committee (IOC), Procter & Gamble (NYSE:PG) announced that for the first time in Olympic and Paralympic Games histories, all medal podiums will be created entirely from recycled materials – and consumers can directly contribute.
The Tokyo 2020 Podium Project officially kicks off on Thursday, June 13th, in host-country Japan, inviting members of the community to collect their plastic items, like shampoo and dish detergent bottles, and bring them to the nearest AEON Group store location, major Japanese retail chain, for recycling. Collection boxes for discarded plastic will be provided in more than 2,000 AEON Group locations across the country, including AEON, AEON Style and MaxValu. The retailer will then forward the plastics to P&G, who will also leverage recycled plastic waste recovered from the ocean to contribute to the creation of the podiums. This project helps achieve mutual sustainability goals, expanding P&G’s longstanding larger global partnership with the IOC to help benefit the entire Olympic Movement including the lives of athletes, moms and their families around the world.
“Sustainability is at the heart of this effort and P&G is proud to work with Tokyo 2020 and the IOC to demonstrate how consumers can participate in reducing plastic waste,” said Marc Pritchard, P&G Chief Brand Officer. “The Tokyo 2020 Podium Project is an example of how the Olympic Games can be a catalyst to inspire actions that have a positive impact on the environment and society.”
The Podium Project also highlights Tokyo 2020’s commitment to engage the entire Japanese nation in the build-up to the Olympic Games and offers everyone an opportunity to play a role in the preparation. It will also contribute to the achievement of key UN Sustainable Development Goals, including “Responsible Consumption and Production,” “Life Below Water,” and “Partnerships for the Goals.”
“The Tokyo 2020 Podium Project is an excellent example of how the Olympic Games can inspire sustainable change in the host city and country,” said Marie Sallois, IOC Director for Sustainability. “We are very excited to see this project take shape, adding to our global efforts to tackle plastic waste. The IOC will continue to work closely with the Tokyo Organizing Committee to ensure that sustainability is an integral part of the Olympic Games 2020 and the legacy that they create.”
Each podium will include “post-consumer recycled” material that has been collected in Japan. The effort raises awareness about eliminating waste and promoting sustainable solutions. Highlights of the Podium Project include:
- The overall goal is to collect 1.5 million pieces of plastic packaging consisting of polyethylene and polypropylene plastic from consumers to produce recycled plastic resin.
- Through this, 75 grams of carbon dioxide will be saved for each piece of plastic recycled.
- Once the goal of 1.5 million pieces is reached, Tokyo 2020 and P&G will have saved enough energy to light a person’s home for 112 years.
Through this project, P&G and Tokyo 2020 will create all podiums to be used by all medaling athletes during the Olympic Games beginning July 24, 2020 and Paralympic Games beginning on August 25, 2020. Together with Tokyo 2020, P&G is planning to unveil the podiums in June 2020. Once the Tokyo 2020 Games conclude, P&G’s intent is to recycle the podiums once again, to create new P&G packaging. They will also be used as educational material to explain and promote the Olympic and Paralympic Movements and overall importance of sustainability.
The Tokyo 2020 Podium Project is a clear example of P&G’s continued support of the Olympic Agenda 2020, ensuring that the Olympic Games act as a catalyst for sustainable development to build a sustainable future for everyone. This vision closely aligns to P&G’s own commitments of achieving meaningful changes that touch and improve lives, as well as P&G’s “Ambition 2030” goal to develop solutions that stem the flow of plastic into the world’s oceans. Additionally, it will be the largest multi-category collection and material recycling program for post-consumption packaging in Japan ever.
About P&G’s Olympic Games Program
Around the world P&G brands including Always®, Gillette®, Pantene®, Head & Shoulders®, Tide®, and Downy® will be executing Olympic Games campaigns through a variety of media channels and in-store. P&G brands are committed to giving moms the best, each and every day. Not just moms of Olympians, but all moms, all around the world. As a Worldwide Olympic Partner, when P&G brands like Tide, Gillette and Pampers partner with athletes on their Olympic Games journey, P&G also recognizes the mom who supported them every step of the way.
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Misinformation, Lack of Access and Confusion Hamper the Ability of Smokers Who Don’t Quit to Consider Better Alternatives, a New International Study from PMI Shows20.8.2019 04:02:00 CEST | Press release
Philip Morris International Inc. (PMI) (NYSE:PM) today released a white paper titled “Unsmoke: Clearing the Way for Change” based on findings from a major international study conducted for the company by independent research firm Povaddo. There is no question that, while the best choice is to quit cigarettes and nicotine altogether, the reality is that many people don’t. The survey—conducted in 13 countries among adults aged 21 to 74—forms the basis of the paper’s exploration around two core themes: the impact of smoking on personal relationships and the lack of information available about smoke-free products. It reveals some of the barriers that might be preventing smokers from considering smoke-free alternatives over continued smoking. “There is currently a tremendous amount of misinformation circulating about smoke-free products, and this is causing confusion. It is one of the biggest hurdles the world faces in becoming smoke-free,” said Jacek Olczak, chief operating officer at PMI.
The We Company Q2 2019 Financial Results Conference Call19.8.2019 18:56:00 CEST | Press release
WeWork Companies LLC (the “Company”), with respect to its 7.875% Senior Notes due 2025 (the “Senior Notes”), will hold a conference call on Monday, August 26, 2019, at 12:00 P.M. Eastern Time for the benefit of certain qualified participants in order to discuss the Company’s financial results for the second quarter of 2019. Current holders and beneficial owners of the Senior Notes, bona fide prospective purchasers of the Senior Notes who are qualified institutional buyers (as defined in Rule 144A under the Securities Act of 1933) or non-U.S. persons (as defined in Regulation S under the Securities Act of 1933), securities analysts, and market-making financial institutions may gain access to the call information for the conference call by registering on the Company’s secure website at investors.wework.com. Additional information about the call (including dial-in number) will be provided on the secure website. Parties requesting access to the Company’s secure website will be required to
BAI Announces 2019 Global Innovation Award Finalists19.8.2019 17:50:00 CEST | Press release
BAI announced the finalists for the 2019 BAI Global Innovation Awards, the industry’s most prestigious awards program that celebrates transformative solutions in the financial services industry worldwide. Now in its ninth year, the BAI Global Innovation Awards recognizes leading financial services organizations on a global scale. Through hundreds of applications, the Innovation Circle, a panel of global financial services innovation leaders who thoroughly review each application, determined the top submissions. The judges weigh each innovation on originality and impact on consumers and the industry. This year’s finalists showcase what leading financial services innovators in all regions of the world are doing to deliver new value to customers and employees, as well as improve efficiencies and profitability for their organizations. The 2019 BAI Global Innovation Awards finalists are: Best Application of Advanced Technology in a Product or Service Emirates NBD, Dubai, United Arab Emirate
Rimini Street Statement on U.S. Appeals Court Ruling19.8.2019 13:00:00 CEST | Press release
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today issued the following statement in response to the August 16, 2019 ruling by the U.S. Ninth Circuit Court of Appeals in the Oracle v. Rimini Street litigation which was filed in January 2010, went to trial in 2015, and has been on appeal since: “We are pleased that the Appeals Court again corrected legal errors in the District Court’s post-trial orders, adding to the Appeals Court’s and Supreme Court’s prior reversals in this case and refunds from Oracle totaling over $34 million. Oracle lost 23 of 24 claims it originally pursued against Rimini Street in this case, with the jury finding that Rimini Street engaged in “innocent infringement” on the remaining claim. Rimini Street had voluntarily stopped using the legacy processes that were found to be infringing before the 2015 trial
Cogeco Peer 1 Changes Name to Aptum Technologies; Adds New Services to Enhance and Expand Hybrid Cloud Offerings19.8.2019 12:00:00 CEST | Press release
Cogeco Peer 1, a managed hosting and cloud services provider, today announced it has changed its name to Aptum Technologies. The move follows the April 2019, acquisition of Cogeco Peer 1 by Digital Colony, a global investment firm dedicated to strategic opportunities in digital infrastructure. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190819005121/en/ Susan Bowen, CEO of Aptum (Photo: Business Wire) “Aptum means ‘adaptability’ and reflects our heritage and vision for the future,” said Susan Bowen, Chief Executive Officer of Aptum. “As businesses face exponentially increasing volumes of information, and data becomes an integral part of their infrastructure, technology platforms must adapt and harness the power of data to enable better decision making, risk evaluation and customer engagement. We help organizations unlock the potential of their data by providing a robust infrastructure that enables customers to solve compl
OpenGate Capital Announces Acquisition of Majority Interest in InRule Technology, Inc.19.8.2019 12:00:00 CEST | Press release
OpenGate Capital, a global private equity firm, announced today that it has acquired InRule Technology, Inc. (“InRule”), a market-leading decision management platform and business rules management system (BRMS). OpenGate is pleased to partner with the co-founders of InRule to continue innovation and leadership in the decision management market. This transaction marks the fifth investment completed in 2019 through OpenGate Capital’s second institutional fund. Financial terms were not disclosed. InRule software powers mission-critical decisions for enterprise and government customers. InRule provides an end-to-end, fully auditable platform that acts as a “single source of truth” for enterprises processing complex business rules and decision workflows. Its decision platform drives significant and quantifiable business value across a variety of use cases, including insurance eligibility, mortgage qualification, risk rating and fraud reduction, regulatory compliance, healthcare claims proce