To Our Valued External Business Partners:
Over the years, The Procter & Gamble Company and its subsidiaries have placed significant emphasis on the importance of unsurpassed relationships with our external business partners. These relationships could not have been developed without open communication and collaboration between P&G and our partners. We believe these relationships are most effective when our external business partners clearly understand the values, principles and policies which guide P&G people in the conduct of business.
This letter is intended as a reminder of a few P&G policies that are relevant for this time of year, highlighting our expectations and guidelines regarding Business Gifts and Entertainment. So you are aware, a full listing of those related to our business dealings is always available at pgsupplier.com/guidelines site.
Business Gifts
Today, we would also like to emphasize that it is P&G’s policy for all employees not to accept gifts from our external business partners. We have a long-standing request of our partners that gifts not be offered to any employee. This applies to gifts of any value, even promotional and marketing-type gifts.
Business Entertainment
Similar to the Business Gifts policy, external business partners are asked not to offer entertainment (theater, sporting events, fishing trips, etc.) to our employees. P&G employees are informed that accepting entertainment is not appropriate in the context of the business relationships the company wishes to maintain. When business lunches/dinners are appropriate to conduct of business, P&G expects to host our share of these types of events.
Thank you for your attention to this reminder. All of us at P&G wish you and your loved ones happy Holidays and the very best in 2024.
Best regards,
Chief Purchasing Officer
The Procter and Gamble Company