Unilever Compass Points To LGBTQI+, Animals, Earth
Unilever aims to be “the leader in sustainable business globally” under its sustainability Compass unveiled in May 2020. One year later, the firm announces a series of measures benefiting people, animals and planet.
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Ben & Jerry’s values may not square with parent Unilever when it comes to business in disputed West Bank territory, where the former’s ice cream will no longer be sold. CEO Alan Jope says only that Unilever remains committed to its business in Israel, where it has invested more than ILS 1bn over the last decade.
EU Business Round-Up: Unilever Steps Up Sustainability, BioGaia Makes Finnish Move, Monat Heads To Spain
The latest EU business news: Unilever unveils planned switch to sustainable toothpaste tubes; BioGaia takes back distribution in key market Finland; and Monat continues its European expansion into Spain and Lithuania.
Unilever’s prestige beauty business, bulked up by acquisitions over the past five years, achieved 21% underlying sales growth in the FY 2021 first quarter. The firm has formed a new business unit, Elida Beauty, to house a number of smaller, non-core beauty and personal-care brands accounting for around €600m in revenues following talk of possible divestitures.