The Procter & Gamble Company (P&G) is an American multinationalconsumer goodscorporation headquartered inCincinnati, Ohio,^[2] founded in 1837^[3] byWilliam Procter andJames Gamble.^[4] It specializes in a wide range of personal health/consumer health,personal care and hygiene products; these products are organized into several segments including beauty; grooming; health care; fabric and home care; and baby, feminine, and family care. Before the sale ofPringles andDuracell toKellogg's andBerkshire Hathaway, respectively, its product portfolio also includedfood,snacks,beverages, andbatteries.^[5] P&G is incorporated inOhio.^[6]

The Procter & Gamble Company

Secondary logo since 2013, concurrently used with the 2002 lettermark
Headquarters in Cincinnati, Ohio
Trade name	P&G
Company type	Public
Traded as	NYSE: PG DJIA component S&P 100 component S&P 500 component
Industry	Consumer goods Household products
Founded	October 31, 1837; 187 years ago (1837-10-31)
Founders	William Procter James Gamble
Headquarters	1 Procter and Gamble Plaza, Cincinnati,Ohio 45202 , U.S.
Area served	Worldwide
Key people	Jon R. Moeller (chairman,president andCEO)
Products	Cleaning agents skin care personal care dietary supplements
Brands	Seelist of Procter & Gamble brands
Revenue	US$84.04 billion (2024)
Operating income	US$18.55 billion (2024)
Net income	US$14.88 billion (2024)
Total assets	US$122.4 billion (2024)
Total equity	US$50.56 billion (2024)
Number of employees	108,000 (2024)
Subsidiaries	Procter & Gamble Korea Procter & Gamble Pakistan Procter & Gamble Philippines Procter & Gamble Australia Pty. Ltd. Braun
Website	pg.com
Footnotes / references Financials as of fiscal year ended June 30, 2024[update]. References:[1]

Logo used from 1992 to 2002.

Primary logo used since 2002 on P&G branded products, formerly used as a corporate logo until 2013.

In 2014, P&G recorded $83.1 billion in sales. On August 1, 2014, P&G announced it was streamlining the company, dropping and selling off around 100 brands from its product portfolio in order to focus on the remaining 65 brands,^[7] which produced 95% of the company's profits.A.G. Lafley, the company's chairman and CEO until October 2015, said the future P&G would be "a much simpler, much less complex company of leading brands that's easier to manage and operate".^[8] In 2023, the company was ranked 55th in theForbes Global 2000.^[9]

Jon Moeller is the chairman, president and CEO of P&G since 2021.^[10]

CandlemakerWilliam Procter, born in England, and soap makerJames Gamble, born inIreland, both emigrated to the US from the United Kingdom. They initially settled inCincinnati, Ohio, and met when they married sisters Olivia and Elizabeth Norris.^[11] Alexander Norris, their father-in-law, persuaded them to become business partners, and in 1837, Procter & Gamble was created.

From 1858 to 1859, sales reached $1 million. By that point, about 80 employees worked for Procter & Gamble. During theAmerican Civil War, the company won contracts to supply theUnion Army with soap and candles. In addition to the increased profits experienced during the war, the military contracts introduced soldiers from all over the country to Procter & Gamble's products.

In the 1880s, Procter & Gamble began to market a new product, an inexpensive soap that floated in water.^[12] The company called the soapIvory.^[12] William Arnett Procter, William Procter's grandson, began aprofit-sharing program for the company'sworkforce in 1887. By giving the workers a stake in the company, he correctly assumed that they would be less likely to go on strike.

The company began to build factories in other locations in the United States because the demand for products had outgrown the capacity of the Cincinnati facilities. The company's leaders began to diversify its products as well, and in 1911 the company began producingCrisco, ashortening made ofvegetable oils rather thananimal fats.^[12]

Beginning in the 1880s, P&G advertised its wares in full-page advertisements in many general-interest magazines. By 1921, it had become a major international corporation with a diversified line of soaps, toiletries, and food products; in that year, its annual advertising budget reached $1 million. In the 1920s, P&G advertised its products on the new medium of radio and, from 1932 forward, was one of the biggest sponsors of daytime serials, which soon acquired the nickname ofsoap operas.^[13] In the television era, P&G sponsored and produced some twenty soap operas across six decades before the last of its shows ended in 2010.^[14]

The company moved into other countries, both in terms of manufacturing and product sales, becoming an international corporation with its 1930 acquisition of theThomas Hedley Co.,^[12] based inNewcastle upon Tyne, England. After this acquisition, Procter & Gamble had their UK Headquarters at Hedley House in Newcastle upon Tyne, until quite recently, when they moved to The Heights,Brooklands. Numerous new products and brand names were introduced over time, and Procter & Gamble began branching out into new areas. The company introducedTide laundrydetergent in 1946,^[15]Prell shampoo in 1947^[16] and Joy, the first liquid synthetic detergent in 1949.^[2] In 1955, Procter & Gamble began selling the first toothpaste to containfluoride, known asCrest.^[12] Branching out once again in 1957, the company purchasedpaper mills fromCharmin and began manufacturingtoilet paper and othertissue paper products. Once again focusing on laundry, Procter & Gamble began makingDowny-brandedfabric softener in 1960 and Bounce fabric softener sheets in 1972.^[17] From 1957 to 1968, Procter & Gamble ownedClorox, the leading American manufacturer of liquid bleach; however, theFederal Trade Commission challenged the acquisition, and the U.S. Supreme Court decided against P&G in April 1967.^[18]

One of the most revolutionary products to come out on the market was the company's disposablePampers diaper, first test-marketed in 1961, the same year Procter & Gamble came out withHead & Shoulders.^[19] Prior to this point,disposable diapers were not popular, althoughJohnson & Johnson had developed a product called Chux. Babies always wore cloth diapers, which were leaky and labor-intensive to wash. Pampers provided a convenient alternative, albeit at the environmental cost of more waste requiringlandfilling. Amid the recent concerns parents have voiced on the ingredients in diapers, Pampers launched Pampers Pure collection in 2018, which is a "natural" diaper alternative.^[20]

Procter & Gamble acquired a number of other companies that diversified its product line and significantly increased profits. These acquisitions includedFolgers Coffee, Norwich Eaton Pharmaceuticals (the makers ofPepto-Bismol), Richardson-Vicks, Noxell (Noxzema), Shulton'sOld Spice,Max Factor, theIams Company, andPantene, among others. In 1994, the company made headlines for big losses resulting from leveraged positions ininterest rate derivatives, and subsequently suedBankers Trust for fraud; this placed their management in the unusual position of testifying in court that they had entered into transactions that they were not capable of understanding. In 1996, P&G again made headlines when theFood and Drug Administration approved a new product developed by the company,Olestra. Also known by its brand name 'Olean', Olestra is a lower-calorie substitute for fat in cookingpotato chips and other snacks.

In January 2005, P&G announced the acquisition ofGillette, forming the largest consumer goods company and placingUnilever into second place.^[21] This added brands such as Gillette razors,Duracell,Braun, andOral-B to their stable. The acquisition was approved by theEuropean Union and theFederal Trade Commission, with conditions to a spinoff of certain overlapping brands. P&G agreed to sell its SpinBrush battery-operatedelectric toothbrush business toChurch & Dwight,^[22] and Gillette'sRembrandt toothpaste line toJohnson & Johnson.^[23] Thedeodorant brandsRight Guard, Soft and Dri, and Dry Idea were sold toDial Corporation.^[24] In 2001,Liquid Paper and Gillette's stationery division,Paper Mate, were sold toNewell Rubbermaid. The companies officially merged on October 1, 2005. In 2008, P&G branched into the record business with its sponsorship of Tag Records, as an endorsement forTAG Body Spray.^[25]

P&G's dominance in many categories of consumer products makes itsbrand management decisions worthy of study.^{[according to whom?][26]} For example, P&G's corporate strategists must account for the likelihood of one of their productscannibalizing the sales of another.^[27]

On August 25, 2009, the Ireland-based pharmaceutical companyWarner Chilcott announced they had bought P&G's prescription-drug business for $3.1 billion.^[28]

P&G exited the food business in 2012 when it sold itsPringles snack food business toKellogg's for $2.75 billion after the $2.35 billion deal with former suitorDiamond Foods fell short.^[29] The company had previously soldJif peanut butter, Crisco shortening and oils, andFolgers coffee in separate transactions to fellow Ohio-based companySmucker's.

In April 2014, the company sold itsIams pet food business in all markets excluding Europe toMars, Inc. for $2.9 billion.^[30] It sold the European Iams business toSpectrum Brands in December 2014.^[31]

In August 2014, P&G announced it was streamlining the company, dropping around 100 brands and concentrating on the remaining 65, which were producing 95% of the company's profits.^[7]

In March 2015, the company divested itsVicks VapoSteam U.S. liquid inhalant business toHelen of Troy, part of a brand-restructuring operation. This deal was the first health-related divestiture under the brand-restructuring operation. The deal included a fully paid-up license to the Vicks VapoSteam trademarks and the U.S. license of P&G's Vicks VapoPad trademarks for scent pads. Most Vicks VapoSteam and VapoPads are used in Vicks humidifiers, vaporizers and other health care devices already marketed by Helen of Troy.^[32]

Later that same year in July, the company announced the sale of 43 of its beauty brands toCoty, a beauty-product manufacturer, in a US$13 billion deal. It cited sluggish growth of its beauty division as the reason for the divestiture.^[33][34][35] The sale was completed on October 3, 2016.^[36]

In February 2016, P&G completed the transfer ofDuracell toBerkshire Hathaway through an exchange of shares.^[37]

In December 2018, Procter & Gamble completed the acquisition of the consumer health division ofMerck Group (known as EMD Serono in North America) for €3.4 billion ($4.2 billion) and renamed it as Procter & Gamble Health Limited in May 2019.^[38][39]

In November 2018, P&G unveiled a simpler corporate structure with six business units that will be effective from July 2019.^[40]

In 2023, the company began optimizing its product offering. As part of this strategy, it plans to eliminate the bottom 25% ofSKUs, which contribute very little to absolute retail sales. According to other comparable companies, a similar share of SKUs represents between 2% and 2.5% of its turnover at a global level.^[41][42]

For the fiscal year 2018, Procter & Gamble reported earnings of US$9.750 billion, with an annual revenue of US$66.832 billion, an increase of 2.7% over the previous fiscal cycle. The company's shares traded at over $86 per share in 2017, and itsmarket capitalization was valued at over US$221.5 billion in October 2018.^[43] The company ranked No. 42 on the 2018Fortune 500 list of the largest United States corporations by total revenue.

As of July 1, 2016^[update], the company structure has been categorized into ten categories and six selling and market organizations.

As of February 2025^[update] the board of directors of Procter & Gamble has 14 members:^[44]

Previous members of the board include:

• W. James McNerney, Jr.
• Nelson Peltz
• Scott Cook
• Angela Braly
• Frank Blake
• Meg Whitman

In May 2011,Fortune editor-at-large Patricia Sellers praised P&G's board diversity, as five of the company's 11 directors were female and had all been onFortune's annual Most Powerful Women list.^[45]

In March 2011,Rajat Gupta resigned from the board after anSEC accusation ofGalleon Groupinsider trading.^[46]

In May 2013,Robert A. McDonald announced his retirement and was replaced byA.G. Lafley, who returned as chairman, president, and CEO.^[47]

Procter & Gamble is a member of theU.S. Global Leadership Coalition, a Washington, DC–based coalition of over 400 major companies and NGOs that advocates for a larger international affairs budget, which funds American diplomatic and development efforts abroad.^[48]

• Chairman, President & Chief Executive Officer –Jon R. Moeller
• Chief Operating Officer –Shailesh G. Jejurikar

Fortune magazine awarded P&G a top spot on its list of "Global Top Companies for Leaders", and ranked the company at 15th place of the "World's Most Admired Companies" list.^[49]Chief Executive magazine named P&G the best overall company for leadership development in its list of the "40 Best Companies for Leaders".

In October 2008, P&G was named one of "Canada's Top 100 Employers" by Mediacorp Canada Inc. and was featured inMaclean'snewsmagazine. Later that month, P&G was also named one ofGreater Toronto's Top Employers, which was announced by theToronto Star newspaper.^[50]

In October 2013, the company was named the fourth-most in-demand employer in the world according to analytic data sourced by LinkedIn.^[51]

In August 2013, P&G was named the 14th-hardest company to interview for by Glassdoor.^[52] In November 2013, Glassdoor also named them as a top 25 company for career opportunities.^[53] In February 2014, Glassdoor placed P&G 34th on their annual Best Places to Work list.^[54]

In November 2014, P&G came out publicly in support of same-sex marriage in a statement made by William Gipson, P&G's chief global diversity officer.^[55]

In November 2015, P&G was named the Careers in Africa Employer of Choice 2015 following a survey of over 13,000 African professionals from across the globe. P&G was also recognized as the most desirable FMCG business to work for in Africa.^[56]

P&G was recognized as one ofForbes World's Most Reputable Companies in 2016, 2017, and 2023.^[57][58][59]

As of 2015, 21 of P&G's brands have more than a billion dollars in net annual sales.^[60] Most of these brands – including Bounty, Crest,Always, and Tide – are global products available on several continents. In 2005, Procter & Gamble made a $57 billion deal to buy Gillette, which combined some of the world's top brands including, signature razors, Duracell batteries, Braun, and Oral-B brands.^[61] P&G's products are available in North America, Latin America, Europe, the Middle East, Africa, Asia, Australia, and New Zealand.

In 2018, P&G'sfabric and home care division accounted for 32% of the company's total net sales, the highest of all its divisions. The division includesDowny,Gain,Tide,Febreze, andDawn.^[62]

According toAdvertising Age, Procter & Gamble spent $4.3 billion advertising their various brands in the United States in 2015, making it the top advertiser in the country.^[63]

Manufacturing operations are based in these countries:

In the 2024 review ofWIPO's annualWorld Intellectual Property Indicators Procter & Gamble ranked 2nd in the world, with 525 designs in industrial design registrations being published under theHague System during 2023.^[73]

Procter & Gamble produced and sponsored the first radio serial dramas in the 1930s. As the company was known for Ivory soap, the serials became known as "soap operas". With the rise of television in the 1950s and 1960s, most of the new serials were sponsored, produced and owned (20 series) by the company (includingThe Guiding Light, which had begun as a radio serial, and made the transition to television lasting 72 years).^[74] The end ofAs the World Turns in 2010^[74] resulted in the company’s absence from the soap opera genre for almost fifteen years, which lasted untilBeyond the Gates (a co-production withCBS Studios and theNAACP) premiered on CBS in 2025.^[75]The Young and the Restless, produced bySony Pictures Television and also broadcast on CBS, is also partially sponsored by Procter & Gamble.

These past serials were produced by Procter & Gamble:

Procter & Gamble also was the first company to produce and sponsor a prime-time serial, a 1965 spin-off ofAs the World Turns calledOur Private World. In 1979, PGP producedShirley, a prime-timeNBC series starringShirley Jones, which lasted 13 episodes. They also producedTBS' first original comedy series,Down to Earth, which ran from 1984 to 1987 (110 episodes were produced). They also distributed the syndicated comedy seriesThrob. In 1985, they produced a game-show pilot calledThe Buck Stops Here withTaft Entertainment Television in 1985, hosted byJim Peck; it was not picked up. Procter & Gamble Productions originally co-producedDawson's Creek withColumbia TriStar Television but withdrew before the series premiere due to early press reviews. They also produced the 1991 TV movieA Triumph of the Heart: The Ricky Bell Story, which was co-produced byThe Landsburg Company,^[76] and they continued to produce thePeople's Choice Awards^[74] until the show was sold to E! channel in April 2017.^[77] In 2007, PGP teamed up with the now-defunctCookie Jar Group to produce the Flash-animated children's seriesWill and Dewitt, which featured the character Dewitt, the mascot for the Pampers baby product line's former sub-brand, Kandoo.

With Walmart, PGP sponsoredFamily Movie Night on broadcast networks in 2010–2011^[78] and Walden Family Theater on theHallmark Channel in 2013.^[79]

In 2013, PGP rebranded itself as Procter & Gamble Entertainment (PGE) with a new logo and an emphasis on multiple-platform entertainment production.

P&G funded a six-episode series,Activate, on National Geographic in 2019 focusing on extreme poverty, inequality and sustainability in conjunction with not-for-profit Global Citizen and production company Radical Media.^[80] The company agreed to a longform series deal with Stone Village Television in January 2020. In February 2020, P&G joined Imagine Documentaries' five project slate includingMars 2080, the project closest to production.^[81]

In addition to its self-produced items through PGE, Procter & Gamble also supports many Spanish-language novellas through advertising on all networks:Azteca América,Estrella TV,Galavisión,Telemundo,UniMás andUnivisión. P&G was one of the first mainstream advertisers on Spanish-language TV during the mid-1980s.^[82][83] By the late 1990s, P&G was established as the largest advertiser on Spanish-language media.^[84]

In 2008, P&G expanded into music sponsorship when it joined Island Def Jam to create Tag Records, named after a body spray that P&G acquired from Gillette.^[85][86] In 2010, after the cancellation ofAs the World Turns, PGP announced they were phasing out soap opera production and expanding into more family-appropriate programming.^[87]

Procter & Gamble also gave a $100,000 contract to the winners of Cycles 1 through 3 ofCanada's Next Top Model, whereinAndrea Muizelaar, Rebecca Hardy, andMeaghan Waller won the prize.

Procter & Gamble has been a major sponsor of theSummer Olympics since 2012. It sponsored 150 athletes at the London games that year.^[88] They have also sponsored theWinter Olympics since2014. It will do so at the2024 Summer Olympics in Paris, France besides the2026 Winter Olympics inCortina d'Ampezzo/Milan, Italy. The company's sponsorship includes television ads in which Olympic athletes are portrayed as children to convey the sense that the mothers of these athletes still remember them as infants; other ads stress how Olympic mothers stood by their children through years of training all the way through to Olympic success. 2016's ad for the Rio Games notes upheavals as youths by an American gymnast, Chinese swimmer, Brazilian volleyballer, and German distance runner. The ads all make prominent use of theLudovico Einaudi orchestral track "Divenire" and related such instrumentals.

The company has actively developed or sponsored numerousonline communities,^[89] e.g.BeingGirl.com (launched in 2000)^[90] and Women.com.^[89] As of 2000^[update], the company had 72 "highly stylized destination sites".^[91]

Procter & Gamble reported totalCO2e emissions (Scope 1 and Scope 2) for the twelve months ending December 31, 2020, at 2,619 kilotonnes (kt), a decrease of 1,441 kt or 35.5% from the previous year.^[92] In September 2021, P&G set a new ambition to achieve net zero emissions across its operations and supply chain by 2040.^[93]

In January 2019, CEO David Taylor said in Switzerland: "The world would be a better place if my board of directors on down is represented by 50% of the women. We sell our products to more than 50% of the women." Also in January 2019,The Wall Street Journal noted the company's board of directors had more than twice as many men as it does women.^[97] As of mid-2020, the board of P&G consisted of an equal number of men and women.^[98][99]

Toxic shock syndrome (TSS) is a disease caused by strains of the bacteriaStaphylococcus aureus. Most people have these bacteria living in their bodies as harmlesscommensals in places such as the nose, skin, and vagina. The disease can strike anyone, not only women, but the disease is often associated withtampons. In 1980, 814 menstrual-related TSS cases were reported; 38 deaths resulted from the disease. The majority of women in these cases were documented as using super-absorbent synthetic tampons, particularly theRely tampon created by Procter & Gamble.^[100] Unlike other tampons made of cotton and rayon, Rely used carboxymethylcellulose and compressed beads ofpolyester for absorption.

In the summer of 1980, theCenters for Disease Control released a report explaining how these bacterial mechanisms were leading to TSS. They also stated that the Rely tampon was associated with TSS more than any other brand of tampon. In September 1980, Procter & Gamble voluntarily recalled its Rely brand of tampons from the market.^[101] Since the 1980s, reported cases of TSS have dramatically decreased.^[102]

In 2002, P&G was sued for its ads falsely suggesting to the consumers that the drugPrilosec could cure heartburn in a day.^[103] In December 2005, the Pharmaceutical division of P&G was involved in a dispute over research involving its osteoporosis drugActonel. The case was discussed in the media.^[104]

Procter & Gamble has received criticism from animal advocacy groupPETA for the practice oftesting on animals.^[105]

On June 30, 1999, Procter & Gamble announced that it would limit its animal testing practices to its food and drug products which represented less than 20% of its product portfolio.^[106] The company invested more than $275 million in the development of alternative testing methods.^[107]

In April 2011, P&G was fined €211.2 million by theEuropean Commission for establishing a price-fixingcartel for washing powder in Europe along withUnilever, which was fined €104 million, andHenkel. Though the fine was set higher at first, it was discounted by 10% after P&G and Unilever admitted running the cartel. As the provider of the tip-off leading to investigations, Henkel was not fined.^[108]

According to a 2016 report byAmnesty International, palm oil providerWilmar International, the world's biggestpalm oil grower in 2016 and supplier of raw materials to Procter & Gamble, profited from 8 to 14-year-oldchild labor andforced labor. Some workers were extorted, threatened, or not paid for work. Some workers also suffered severe injuries from toxic banned chemicals.^[109]

P&G's former logo originated in 1851 as a crude cross that barge workers on theOhio River painted on cases of P&G star candles to identify them. P&G later changed this symbol into a trademark that showed a man in the Moon overlooking 13 stars, said to commemorate the originalThirteen Colonies.^[110]

The company received unwanted media publicity in the 1980s due to rumors, spread largely byAmway distributors, that the Moon-and-stars logo was asatanic symbol. The accusation was based on a particular passage inthe Bible, specificallyRevelation 12:1, which states: "And there appeared a great wonder in heaven;a woman clothed with the sun, the moon under her feet and upon her head a crown of 12 stars." P&G's logo consisted of a man's face on the Moon surrounded by 13 stars. Some claimed that the logo was a mockery of the heavenly symbol alluded to in the aforementioned verse, thus construing the logo to be satanic. Where the flowing beard meets the surrounding circle, three abstracted curls were said to be a mirror image of the number666, or thenumber of the beast. At the top and bottom, the hair curls in on itself and was said to be the horns like those of a ram. In 1991, details of the logo were simplified, and the moon-and-stars logo was completely replaced by a text-only logo in 1995 in a failed attempt to quash the conspiracy theory, though in 2013 it unveiled a new logo with a hint of a crescent moon behind the text.^{[111][112][113]}

These interpretations have been denied by company officials and no evidence linking the company to theChurch of Satan or any occult organization has ever been presented. The company unsuccessfully sued Amway from 1995 to 2003 over rumors forwarded through a company voice-mail system in 1995. In 2007, the company successfully sued individual Amway distributors for reviving and propagating the false rumors.^[114] The Church of Satan denies being supported by Procter & Gamble.^[115]

In March 2013, P&G was found by aWorld Intellectual Property Organization panel to have engaged inreverse domain hijacking in an attempt to obtain thedomain name "swash.com" from Marchex in aUniform Domain-Name Dispute-Resolution Policy proceeding. P&G originally stated it had generated more than $40 million in sales of itsSwash laundry products over four years, a figure it later revised to $60,000.^[116] After losing the case P&G purchased the domain name from Marchex.^[117] In 2013 attorney John Berryhill suggested that P&G did not intend to use the swash.com domain to market its existing range, as it had said, but rather a new product described in a 2011 trademark application as "An appliance for domestic use in the nature of a garment steamer for the purpose of removing wrinkles and odors from clothing and linen". Berryhill's theory was shown to be accurate after swash.com went live in June 2014.^[118]

In 2017, as part of the "My Black is Beautiful" platform, P&G released an advertisement called "The Talk".^[119] It showedAfrican American mothers throughout the decades giving their children "the talk" aboutracism.^[120] The advertisement garnered controversy for several different reasons.^[121] Some criticized it for not showing any fathers giving "the talk", while others accused it of being anti-white.^[122] One scene depicted a mother warning her daughter about beingpulled over by the police. The daughter responds by saying that she is a good driver so her mother doesn't need to worry about her getting a ticket. The mother then implies that she might experiencepolice brutality by beingracially profiled and killed.^[123] Several police officers and groups accused that part of the advertisement of being anti-cop.^[122][124] "The Talk" was accused byMichelle Malkin ofNational Review of being "liberal advertising". Malkin also called the ad "Black Lives Matter propaganda" and accused it ofpandering and usingidentity politics.^[125] Despite the criticism, the advertisement also received a lot of positive reception and praise with some calling it "powerful"^[126] and "thought-provoking".^[119] The advertisement has also won several awards including the 2018Cannes Lions International Festival of Creativity Grand Prix^[127] and the 2018Primetime Emmy Award for Outstanding Commercial during the70th Primetime Creative Arts Emmy Awards.^[128]

On January 14, 2019, P&G subsidiaryGillette released a controversial advertisement called "The Best Men Can Be", ostensibly to address negative behavior among men, including bullying, sexism, sexual misconduct, andtoxic masculinity. The ad was the subject ofcontroversy and was received negatively by various online commentators, becomingone of the most disliked videos on YouTube.^[129][130]

The ad led to calls forboycott of Gillette and Procter & Gamble.^{[131][132][133][134][135][136]} Later in the year, its Gillette shaving business took an $8 billion write-down in value, although the company and analysts pointed to accumulated currency fluctuations, the entrance of strong rivals and decline in the demand for shaving products since the division's previous valuation in 2005, rather than fallout from the ad.^{[137][138][139][140][141][142][143]}

The UkrainianNational Agency for Prevention of Corruption (NACP) placed P&G on the list ofInternational Sponsors of War for the2022 Russian invasion of Ukraine. P&G has two factories operating inRussia (theGillette razor manufacturing plant inSaint Petersburg and atoiletries manufacturing plant inTula Oblast), thus contributing to theRussian federal budget and financingRussian war crimes according to the NACP.^[144] It was placed on the list alongsideBacardi andUnilever.^[145] In 2022, the company's revenue amounted to 108 billion rubles.^[4]

• Kominicki, John, "James Gamble's Candles and Soap Lit Up Profit: Do It Right: He Helped Put P&G on an Ethical Path to Top", Los Angeles:Investor's Business Daily, March 6, 2015, p. A3.
• McGuigan, Lee,"Procter & Gamble, Mass Media, and the Making of American Life",Media, Culture, and Society 37 (September 2015), pp. 887–903.doi:10.1177/0163443715584100.
• Davey, KS & Sanders, TJ, "Serial Strategic Innovation and Sustainable Competitive Advantage: A Longitudinal Case Study of Proctor and Gamble",Journal of Case Research in Business and Economics 4 (July 2012), pp. 1–20.

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