Procter & Gamble Co.

Who owns it

• Vanguard Group Inc.10.2%external_dataset · 2025-12-31
• BlackRock, Inc. (company)8.03%external_dataset · 2026-03-31
• State Street Corporation4.35%external_dataset · 2026-03-31
• Geode Capital Management2.77%external_dataset · 2026-03-31
• Morgan Stanley2.11%external_dataset · 2026-03-31
• Fidelity Investments (FMR LLC)1.32%external_dataset · 2026-03-31

What’s documented

• 2026-12-31politicalDonationCorporate PAC contributed ~$189,500 to federal candidates/committees (2026 cycle).source →
• 2026-06-01otherAs of 2026, Procter & Gamble continues to conduct or commission animal testing on consumer products where legally required, despite investing $400 million in 50+ alternative testing methods. P&G remains absent from Leaping Bunny and PETA cruelty-free certification lists. The company states it no longer animal-tests 'unless required by law,' but markets like China still mandate animal testing for imported cosmetics.source →
• 2026-06-01otherThe European Commission adopted on June 1, 2026, a roadmap to phase out animal testing for chemical safety assessments across 15 domains. The plan outlines 22 actions and 30+ recommendations to replace nearly 500,000 annual invasive animal procedures with AI-based and cell-based alternatives. Major companies like P&G, which still tests where legally required, face pressure to accelerate alternatives.source →
• 2026-04-24regulatoryAction1000 SEC filings on record (605 4, 127 144, 88 8-K, 33 11-K, 30 424B5)source →
• 2026-04-24regulatoryActionSEC 8-K material event filing: FY2526 Q3 JFM 8-Ksource →
• 2026-04-24regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2026-04-14regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2026-01-22regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2026-01-22regulatoryActionSEC 8-K material event filing: FY2526 Q2 OND 8-Ksource →
• 2026-01-13regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2026-01-10lobbyingUnion leaders criticized Telus for receiving lucrative federal and provincial government contracts and subsidies while cutting thousands of jobs; USW and CUPE lobbied the federal government to attach job-preservation conditions to telecom subsidiessource →
• 2026-01-09laborRelationsTelus offered voluntary severance packages to approximately 700 more employees across Canada in January 2026, totaling nearly 1,400 severance offers in under a year; customer complaints to the CCTS rose 62% in 2025 compared to 2024source →
• 2026-01-01otherProcter & Gamble is not certified cruelty-free as of 2026. While P&G states it has invested nearly $400 million in developing over 50 alternative non-animal testing methods, the company acknowledges it continues to test on animals when required by law in markets where it chooses to sell products.source →
• 2025-12-31lobbyingReported ~$2,840,000 in US federal lobbying activity (2025) on Advertising, Chemicals/Chemical Industry, Consumer Issues/Safety/Products, Environment/Superfund…; lobbied 14 government entities.source →
• 2025-12-15regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-11-04regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-11-03regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-10-24regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-10-24regulatoryActionSEC 8-K material event filing: FY2526 Q1 JAS 8-Ksource →
• 2025-10-16regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-10-14regulatoryActionSEC 8-K material event filing: 8-Ksource →
• 2025-08-15otherPETA suspended its Beauty Without Bunnies cruelty-free certification program in the EU after a REACH chemical safety regulatory loophole forced cosmetics companies to conduct animal testing. Major corporations including Procter & Gamble, L'Oréal, Estée Lauder, and Johnson & Johnson continue to test on animals for products sold in markets requiring it, affecting hundreds of millions of consumer products sold globally.source →
• 2025-08-07otherIn August 2025, PETA suspended its Beauty Without Bunnies cruelty-free certification program in the EU after a regulatory loophole forced cosmetics companies to conduct animal testing under REACH chemical safety requirements. Major corporations including Procter & Gamble, L'Oreal, Estee Lauder, and Johnson & Johnson continue to test on animals for products sold in markets requiring it.source →
• 2025-08-01regulatoryActionVanguard was ordered to pay a $19.5 million civil penalty by the SEC for disclosure failures related to adviser compensation. Between August 2020 and December 2023, Vanguard tied parts of advisers' performance evaluations and bonuses to client enrollment and retention metrics in its Personal Advisor Services program, while marketing content downplayed or misstated these conflicts of interest.source →
• 2025-03-01regulatoryActionThe European Commission opened an antitrust investigation into Procter & Gamble in March 2025 alongside Coca-Cola bottlers, examining concerns about possible restrictions on cross-border trade of consumer goods within the European Union. The Commission issued detailed questionnaires and gathered evidence. No formal allegations had been made as of the investigation opening date. Companies found in violation face fines of up to 10% of global annual revenues.source →
• 2025-02-01laborRelationsTelus offered voluntary severance packages to approximately 700 employees nationwide across network operations, engineering, and business solutions, continuing a restructuring that has eliminated roughly 3,300 jobs since 2023source →
• 2025-01-17regulatoryActionVanguard agreed to pay $106.41 million to settle SEC charges for misleading statements about capital gains distributions and tax consequences for retail investors holding Vanguard Investor Target Retirement Funds in taxable accounts. The SEC found Vanguard lowered minimum investment for Institutional TRFs from $100 million to $5 million in December 2020, triggering mass redemptions that generated unexpected taxable capital gains for remaining Investor TRF holders.source →
• 2025-01-09environmentalBlackRock withdrew from the Net Zero Asset Managers (NZAM) initiative on January 9, 2025, causing NZAM to temporarily suspend its activities pending a review. BlackRock stated that its participation in climate-focused groups had caused confusion about its investment practices and subjected the firm to legal inquiries from state officials. BlackRock had been among the founding members of NZAM and managed over $11 trillion in assets at the time of withdrawal.source →
• 2024-12-31lobbyingReported ~$1,530,000 in US federal lobbying activity (2024) on Advertising, Animals, Chemicals/Chemical Industry, Consumer Issues/Safety/Products…; lobbied 12 government entities.source →
• 2024-12-31lobbyingProcter & Gamble spent $2.9 million on U.S. federal lobbying in 2024, up from $2.14 million in 2023. The company's political action committee, the Good Government Fund, contributed $249,500 to federal candidates during the 2023–2024 election cycle.source →
• 2024-12-31lobbyingVanguard Group spent $2,650,000 on federal lobbying in 2024. The company's PAC made $502,046 in political contributions during the 2024 election cycle, including $382,500 to federal candidates.source →
• 2024-12-31lobbyingBlackRock Inc. spent $2.88 million on US federal lobbying in 2024 and made approximately $2.6 million in political contributions during the 2024 election cycle, according to disclosure data filed with the US Senate and recorded by OpenSecrets.source →
• 2024-12-31politicalDonationCorporate PAC contributed ~$260,500 to federal candidates/committees (2024 cycle).source →
• 2024-11-01legalProceedingTexas Attorney General Ken Paxton filed a lawsuit in November 2024 against BlackRock Inc., Vanguard Group, and State Street Corporation, alleging that the three asset managers conspired through ESG-aligned investment practices and climate coalitions to restrict coal production in violation of federal antitrust law.source →
• 2024-11-01legalProceedingTexas Attorney General Ken Paxton filed a lawsuit in November 2024 against Vanguard Group, BlackRock Inc., and State Street Corporation, alleging the three asset managers conspired through ESG-aligned investment practices and climate coalitions to restrict coal production in violation of federal antitrust law.source →
• 2024-09-01environmentalVanguard supported zero environmental and social shareholder proposals during the 2024 proxy season, including declining to support any of the resolutions flagged by Climate Action 100+ investors. Vanguard also supported none of ten votes against company directors flagged by the initiative. Vanguard stated proposals were either financially immaterial, overly prescriptive, or that the companies receiving them already had adequate governance practices.source →
• 2024-06-01environmentalAccording to urgewald's 2024 'Investing in Climate Chaos' report, BlackRock held approximately $263 billion in fossil fuel company bonds and shares, making it one of the two largest institutional fossil fuel investors worldwide. BlackRock's holdings included over $75 billion in tar sands producers, over $11 billion in companies building new coal power capacity, and approximately $37 billion in ExxonMobil alone.source →
• 2024-06-01environmentalUrgewald's 2024 'Investing in Climate Chaos' report identified Vanguard as the world's single largest institutional investor in fossil fuels, with approximately $413 billion in fossil fuel company bonds and shares. Vanguard declined to adopt any fossil fuel exclusion policy and consistently voted against climate-related resolutions at portfolio companies.source →
• 2024-02-13environmentalIn February 2024, BlackRock transferred its Climate Action 100+ membership from its US arm to BlackRock International, significantly reducing its participation in the investor initiative targeting major greenhouse gas emitters. During the 2024 proxy season, BlackRock voted in favour of only 2 of 20 shareholder resolutions flagged by Climate Action 100+ members.source →
• 2023-06-01regulatoryActionVanguard was fined $800,000 by the Financial Industry Regulatory Authority (FINRA) for problems with account statements related to money market funds in 2019 and 2020.source →
• 2023-05-03legalProceedingProcter & Gamble agreed to pay $8 million to resolve class action lawsuits alleging benzene contamination in over 20 aerosol personal care products including Secret, Old Spice, Herbal Essences, Aussie, Pantene, and Hair Food brands. The settlement, announced May 3, 2023, also required P&G to implement material testing, finished product testing, and monitoring measures.source →
• 2022-12-31politicalDonationCorporate PAC contributed ~$370,500 to federal candidates/committees (2022 cycle).source →
• 2022-12-07environmentalVanguard announced its withdrawal from the Net Zero Asset Managers (NZAM) initiative in December 2022, stating that membership had caused 'confusion about the views of individual investment firms.' Vanguard cited its index fund model — in which approximately 80% of client assets are invested passively in benchmark indices — as a key factor, and stated it would pursue its climate disclosure positions independently.source →
• 2020-12-08regulatoryActionThe Federal Trade Commission filed an administrative complaint and authorized a federal court action on December 8, 2020, to block Procter & Gamble's proposed acquisition of Billie, Inc., a direct-to-consumer women's razor company. The FTC alleged the acquisition would eliminate growing competition in the women's razor market. P&G and Billie terminated the merger in January 2021 following the complaint.source →
• 2011-11-04lobbying2 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2011); subjects: Environment, Health, Intellectual Property.source →
• 2010-11-01lobbying4 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2010); subjects: Environment, Health, Intellectual Property.source →
• 2009-02-17lobbying1 federal lobbying registration on file with the Office of the Commissioner of Lobbying of Canada (2009); subjects: Environment, Health.source →
• 2008-08-21lobbying5 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2008); subjects: Agriculture, Consumer Issues, Employment and Training, Environment, Health….source →
• 2007-12-18lobbying7 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2007); subjects: Agriculture, Consumer Issues, Employment and Training, Environment, Health….source →
• 2006-08-24lobbying10 federal lobbying registrations on file with the Office of the Commissioner of Lobbying of Canada (2006); subjects: Agriculture, Consumer Issues, Employment and Training, Environment, Health….source →

What we’ve classified so far

• environmental damage7
• political influence4
• worker exploitation2
• monopoly abuse2
• misleading claims1

49 further documented actions have not been classified yet. These counts show what we have got to, not a total.