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MarketScreener Homepage  >  Equities  >  Nyse  >  Procter & Gamble Company    PG

PROCTER & GAMBLE COMPANY

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Procter & Gamble : As Nation Reopens, Procter & Gamble's Safeguard Announces $10 Million Hygiene Education and Product Donation Initiative to Help Keep Children Healthy

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06/22/2020 | 08:03am EDT

National survey reveals seven out of 10 parents are concerned about their children’s poor hygiene exposing their households to COVID-19

Today, Procter & Gamble brand, Safeguard, announces a hygiene education and product donation initiative to help reach the estimated 48 million kids under the age of 121 that are reentering playgrounds, parks, recreational facilities and schools in the U.S. this month. Safeguard will donate $10 million to promote handwashing habits among kids and provide more underserved communities and families with free hygiene products through organizations including Save the Children, Americares, and Feeding America.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200622005140/en/

With the national surge in demand of hand hygiene products, Safeguard is introducing new hand soaps and sanitizers that wash away bacteria and germs into US retail stores. The brand expects to increase manufacturing capacity to 45,000 liters of hand sanitizer per week once fully operational. (Photo: Business Wire)

With the national surge in demand of hand hygiene products, Safeguard is introducing new hand soaps and sanitizers that wash away bacteria and germs into US retail stores. The brand expects to increase manufacturing capacity to 45,000 liters of hand sanitizer per week once fully operational. (Photo: Business Wire)

A national survey among 1,000 parents conducted by Safeguard revealed nearly seven in 10 parents (68 percent) are concerned about their children exposing others in the household to COVID-19 because of poor hand hygiene, while half (50 percent) of parents are so worried about their children’s hygiene and health that they don’t plan to take their kids to parks or recreation facilities after they reopen.

“We are facing one of the biggest health crises of our lifetime, and unacceptable disparities for children across America are compounded during this pandemic – making access to basic essentials including hygiene and health items out of reach for far too many children,” said Mark Shriver, Senior Vice President of U.S. Programs & Advocacy at Save the Children. “We are proud to partner with Safeguard to draw attention to these inequities and catapult change through increased access to education and essential health and hygiene products.”

CDC guidelines state handwashing, along with maintaining social distance and wearing masks, is a top preventative practice to stop the spread of germs and decrease the risk of another Coronavirus outbreak.2 Yet, nearly three in four (73 percent) of parents are not completely confident that children will maintain proper handwashing when they are not with them, and 54 percent say their children don’t practice proper handwashing all the time--underscoring the need for effective hygiene education, particularly in communities most impacted by the pandemic.

“Safeguard has been teaching parents and children worldwide how to clean their hands properly through partnerships with health organizations, educators and governments,” said Freddy Bharucha, P&G’s Vice President of North America Personal Care. “Our creative methods for teaching kids handwashing have been implemented in 15 countries reaching 100 million children over the past 10 years. The global learning from our work helped guide the road map to provide support to U.S. families and communities during the COVID-19 pandemic.”

The multi-phased initiative counts on the support of various notables and experts that will share personal anecdotes and tips to teach and reinforce how kids can stay healthy. Actress, entrepreneur and new mother, Shay Mitchell, advocates the importance of instilling hand hygiene habits at home starting at an early age. Family physician, Dr. Jen Caudle, has joined the initiative to help parents understand how to follow CDC guidelines and advise how children can safely remain active this summer in support of their mental and physical well-being.

Save the Children serves as a catalyst for providing basic health and hygiene resources like hand soap to U.S. communities most in need. Cosmic Kids Yoga and other social media personalities will round out the initiative, reaching children and families to introduce an interactive handwashing routine in the form of a song.

In the U.S., Safeguard has traditionally supplied hand hygiene dispensers, soaps and sanitizers for restaurants and other businesses. With the national surge in demand of hand hygiene products, Safeguard is introducing new hand soaps and sanitizers that wash away bacteria and germs into US retail stores. The brand expects to increase manufacturing capacity to 45,000 liters of hand sanitizer per week once fully operational.

For more information on how you can safeguard your family and wash away germs, visit: www.pggoodeveryday.com/impact/safeguard-covid-19/

About the Survey

The Safeguard Survey was conducted by Wakefield Research (www.wakefieldresearch.com) between May 26 and May 29, 2020, among 1,000 nationally representative U.S. parents with kids ages two to 12. Results of any sample are subject to sampling variation. The magnitude of the variation is measurable and is affected by the number of interviews and the level of the percentages expressing the results. For the interviews conducted in this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 3.1 percentage points from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample.

About Safeguard

Since it was launched in the U.S. in 1963, Safeguard has been committed to protecting families by washing away germs and bacteria, as well as educating children on proper hygiene habits. Safeguard’s creative approach to teaching kids handwashing has been implemented in 15 countries reaching nearly 100 million children over the past 10 years. Outside the U.S., the brand runs a widely watched cartoon series, Commander Safeguard, which reinforces good handwashing behavior and averages three million Youtube viewers on some episodes.

About Procter & Gamble

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 Save the Children

Save the Children believes every child deserves a future. Since its founding more than 100 years ago, the organization has changed the lives of more than one billion children. In the United States and around the world, Save the Children gives children a healthy start in life, the opportunity to learn and protection from harm. The nonprofit does whatever it takes for children – every day and in times of crisis – transforming their lives and the future we share. Learn more at www.SavetheChildren.org.

_____________________
1 “Kids Count Data Center." Accessed 16 June 2020. https://datacenter.kidscount.org/
2 Center for Disease Control, “Handwashing: Clean Hands Save Lives.” Accessed 16 June 2020. https://www.cdc.gov/handwashing


© Business Wire 2020
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Financials (USD)
Sales 2021 72 926 M - -
Net income 2021 13 743 M - -
Net Debt 2021 19 133 M - -
P/E ratio 2021 25,1x
Yield 2021 2,38%
Capitalization 332 B 332 B -
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EV / Sales 2022 4,66x
Nbr of Employees 99 000
Free-Float 61,5%
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David S. Taylor Chairman, President & Chief Executive Officer
Jon R. Moeller Vice Chairman, Chief Operating & Financial Officer
Kathleen B. Fish Chief Research, Development & Innovation Officer
Scott D. Cook Independent Director
W. James McNerney Lead Independent Director
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