Published 5 years ago.
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Unilever has today revealed its fourth consecutive year of growth for its ‘sustainable living’ brands, which delivered 70 percent of its turnover growth and grew 46 percent faster (a slightly slower rate than last year, when it was over 50 percent). than the rest of the business. The company says all of its brands are working to reduce their environmental footprint and increase their positive social impact; the ‘sustainable living’ brands are those that are furthest ahead on the journey.
Figures revealed today show that:
The figures show that Unilever is now delivering more social and environmental benefits in more parts of the world through the Unilever Sustainable Living Plan (USLP). The USLP was launched in 2010 — setting ambitious targets to decouple Unilever’s growth from its environmental impact, while increasing the company’s positive social impact. Today, Unilever is on track to meet around 80 percent of its commitments, which include improving health and wellbeing for 1 billion people, reducing environmental impact by half and enhancing livelihoods for its millions of employees, suppliers and retailers.
CEO Paul Polman said: “Ever since we launched the USLP in 2010, we have reported openly on our progress. We have made great strides in meeting many of the ambitious targets we set ourselves and the fact that our sustainable living brands are continuing to deliver growth shows that this is a business model that works.
“We also want to be transparent about how much more there is still to do. This is critical, because transparency is what gives our business its most important asset – trust. At a time when there is a crisis of trust in many institutions across the world, there has never been a more important time for business to play a leading role in restoring it.”
More detail on the progress of the Unilever Sustainable Living Plan can be found online. Highlights from 2017 include:
Published May 10, 2018 11am EDT / 8am PDT / 4pm BST / 5pm CEST