Kimberly-Clark Corporation(KMB) Goldman Sachs Global Staples Forum Conference (Transcript)

Kimberly-Clark Corporation (NASDAQ:KMB) Goldman Sachs Global Staples Forum Conference May 17, 2022 11:00 AM ET

Company Participants

Mike Hsu - Chairman and CEO
Nelson Urdaneta - CFO

Conference Call Participants

Jason English - Goldman Sachs

Jason English

[Abrupt Start] career with the company where he oversaw a number of key initiatives from massiverestructuring, cost-cut initiatives, breakup, M&A, lots of activity happening there.So without further ado, let me turn it to Michael, who's got some opening remarks, a brief presentation, thenwe're going to sit down for some Q&A and a good fireside chat.

Mike Hsu

Okay. Thank you, Jason. Well, it's great to be here for the first time at the Goldman Sachs conference, Jason. It's -- we're obviously here because of the amazing -- your amazing gift of persuasion. And so we're delighted to be here and appreciate the opportunity.

We're excited to share how we're executing our strategies for growth and long-term value creation.Let's see. The standard reminders apply today about any forward-looking statementsthat we make and any reference to non-GAAP financial measures. And I will refer you to ourlatest 10-K and website for further info.

Okay. I just got a couple of things I want to cover. One, Kimberly-Clark is led by our purpose toprovide better care for a better world. And we're really motivated to provide better care for all of our stakeholders and our planet.

Our purpose drives the social and environmental commitments in our approach to sustainability. So by 2030, we aspire to advance the well-being of 1 billion people through social programs. And we plan to reduce our environmental footprint by half through a focus on climate, FORCE, water and plastics. We've been focused on sustainability for a long time and are committed to building on our excellent track record.

Now to deliver better