Today, Unilever announced a set of measures for sustainable business practices to achieve net-zero emissions by 2039. Along with reducing its carbon footprint, the company aims to have a deforestation-free supply chain by 2023 leveraging traceability solutions that use satellite monitoring, geolocation tracking, and blockchain.
The Anglo-Dutch consumer goods company owns brands such as Ben & Jerry’s, Pears, Knorr, Q-tips and Vaseline, among many others and sells its products in 190 countries. It had a turnover of €52 billion in 2019. Unilever brands have previously launched initiatives for sustainability, and over the next ten years will collectively invest €1 billion in a new dedicated Climate & Nature Fund.
“In most parts of the world, the economic and social inclusion of farmers and smallholders in sustainable agricultural production is the single most important driver of change for halting deforestation, restoring forests and helping regenerate nature,” said Marc Engel, Unilever Chief Supply Chain Officer.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
