Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced CO2 emissions from energy by 4.9% compared to 1999.
• Reduced COD by 11% compared to 1999.
• Reduced hazardous waste by 18.7% compared to 1999.
• Reduced total water consumption by 10.4% compared to 1999.

Social Achievements

• Sustainable Agriculture Initiative launched, developing guidelines for sustainable farming practices.
• Program to source all fish from sustainable fisheries by 2005 underway.
• Clean water stewardship initiative launched, including partnerships to protect water resources.

Governance Achievements

• Environmental Management System implemented across all levels of Unilever, with 103 sites certified to ISO 14001.
• Established a Unilever Environment Group (UEG) with external advisors to provide independent views on environmental issues.
• Developed global standards and guidelines to protect Unilever’s reputation and ensure continuous improvement in safety, health, and environmental performance.

Climate Goals & Targets

Environmental Challenges

• Meeting targets for non-hazardous waste and SOx from boilers and utilities.
• Threats to the world's major fisheries and water systems.
• Concerns about the effects of large-scale agricultural inputs on natural systems.

Mitigation Strategies

• Improved processes and installed treatment facilities in many factories to reduce COD load.
• Increased waste recycling, including recycling edible oil bleaching earth.
• Implemented water conservation initiatives, such as recycling and collecting rainwater.
• Implemented energy conservation programs and shared best practices between factories.
• Switched to fuels with lower sulfur content in steam-producing boilers.
• Developed guidelines for sustainable farming practices through the Sustainable Agriculture Initiative.
• Working with the fish supply industry to move towards certification standards set by the Marine Stewardship Council (MSC).

Supply Chain Management

Responsible Procurement

• Sustainable Agriculture Initiative
• Working with fish suppliers to meet MSC standards

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Global Reporting Initiative (GRI)

Certifications: ISO 14001 (103 sites)

Third-party Assurance: URS

Environmental Metrics

ESG Focus Areas

• Eco-efficiency
• Eco-innovation
• Sustainability in agriculture, fish, and water

Environmental Achievements

• Reduced greenhouse gas emissions per tonne of production from factories by 25% over ten years
• Reduced unit waste loads by 60% over ten years
• Reduced water consumption per tonne of production by 54% over ten years

Social Achievements

• Working with direct suppliers towards positive assurance of adherence to the new Business Partner Code by the end of 2005
• Buying over half of fish used in Europe from sustainable sources

Governance Achievements

• Food industry category leader in the Dow Jones Sustainability Indexes for the sixth year running
• Rated top environmental reporter in the UNEP/Standard & Poor’s/SustainAbility benchmark survey

Climate Goals & Targets

Environmental Challenges

• Achieving change in sustainability initiatives is a slow process
• Difficulty in quantifying progress in sustainability initiatives
• Meeting targets at site level due to dynamic business nature (acquisitions, disposals, product mix changes)

Mitigation Strategies

• Incorporating eco-efficiency, eco-innovation, and environmental care into good practice guidelines for business leaders
• Including environmental management in corporate responsibility self-assessment tool
• Developing projects to assess environmental impact of product distribution, packaging disposal, and recycling
• Exploring ways to encourage efficient water use by consumers

Supply Chain Management

Supplier Audits: Beginning to assess suppliers and co-packers in 2004; aiming for positive assurance from a substantial majority of first-tier suppliers by end of 2005

Responsible Procurement

• Business Partner Code

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, AA1000

Third-party Assurance: URS Verification Ltd (URSVL)

Awards & Recognition

• Sustainability Leadership Award (Antony Burgmans)

Environmental Metrics

ESG Focus Areas

• Health (nutrition and hygiene)
• Sustainability (agriculture, fish, water)
• Wealth creation and sharing

Environmental Achievements

• Achieved all seven eco-efficiency targets for manufacturing operations
• Reduced total water consumption in operations worldwide by 2.3%
• Reduced the load per tonne of production by 4.2%
• Reduced total energy use by 4.9%
• Reduced total CO2 emissions by 6.4%

Social Achievements

• Improved nutritional profile of products through Nutrition Enhancement Programme
• Launched Knorr Vie, a vegetable and fruit juice drink
• Expanded Lifebuoy ‘Swasthya Chetna’ hygiene programme in India, reaching around 18,000 villages
• Increased community giving to €79 million
• Strengthened partnership with UNICEF on nutrition and hygiene projects

Governance Achievements

• Fundamental change to governance system
• Reorganisation of internal structures
• Established a Corporate Responsibility Council

Climate Goals & Targets

Environmental Challenges

• Slow progress in fisheries converting to sustainable management practices
• Water scarcity in many parts of the world
• Internal restructuring impacting progress on some goals
• Counterfeiting of products

Mitigation Strategies

• Developed additional programme to assess management practices of fisheries
• Developed tools to understand water impacts and set targets
• Renewed focus on key initiatives with challenging new targets
• Working through Global Business Leaders Alliance against Counterfeiting

Supply Chain Management

Supplier Audits: 80% of first-tier suppliers contacted for positive assurance

Responsible Procurement

• Business Partner Code

Climate-Related Risks & Opportunities

Physical Risks

• Agriculture, water availability, sea temperatures

Transition Risks

• Regulatory changes

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001

Third-party Assurance: URS Verifcation Ltd

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Skip Actigel laundry detergent tablets

Awards & Recognition

• Business Commitment to the Environment Award (Project Medusa)
• Low Carbon Leader Awards
• Best Environmental Report in the ACCA UK Awards for Sustainability Reporting

Environmental Metrics

ESG Focus Areas

• Nutrition
• Health, Hygiene and Well-being
• Sustainable Agriculture
• Climate Change
• Water
• Packaging
• Economic Impacts

Environmental Achievements

• Achieved a 1.6% reduction in CO2 from energy per tonne of production in manufacturing from 2007–2008, representing a 39% reduction since 1995
• Achieved a 3% reduction in water use per tonne of production in manufacturing from 2007–2008, representing a 63% reduction since 1995
• Achieved a 19% reduction in accident frequency rate from 2007–2008
• Around 50% of the tea for Lipton Yellow Label and PG Tips tea bags in Western Europe was sourced from Rainforest Alliance Certified™ farms

Social Achievements

• Lifebuoy’s rural handwashing campaign in India reached 120 million people over 2002–2008
• Signal/Pepsodent/Close Up toothpaste brands reached more than 44 million children with school-based oral hygiene programmes over 1996–2008
• Dove’s Self-Esteem Fund campaign reached >3.5 million young people by end 2008
• Delivered 16 million school meals to 76,000 children in 2008 via partnership with the United Nations World Food Programme

Governance Achievements

• Named food industry category leader in the Dow Jones Sustainability World Indexes for the tenth year running

Climate Goals & Targets

Environmental Challenges

• Deforestation caused by palm oil cultivation
• Water scarcity
• Unsustainable farming practices
• Climate change impacts on agricultural supply chain and water availability
• Litter from sachets in developing countries
• Meeting needs of low-income consumers while maintaining adequate margins

Mitigation Strategies

• Commitment to source all palm oil from certified sustainable sources by 2015
• Sustainable Agriculture Programme with Good Agricultural Practice Guidelines
• Working with suppliers to reduce water use in crop irrigation
• Designing products that require less water during consumer use
• Investing in more efficient power and steam generation technology
• Developing less energy-intensive manufacturing processes
• Implementing design improvements to create sachets that use less material
• Supporting litter awareness programmes
• Exploring economic models that create incentives for collection and reuse of packaging
• Developing business models to reach the poorest members of society

Supply Chain Management

Responsible Procurement

• Business Partner Code specifying requirements on health and safety, business ethics, labor standards, consumer safety, and environment
• Sustainable Agriculture Programme guidelines for key crops

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather patterns
• Water scarcity

Transition Risks

• Regulatory changes

Opportunities

• Development of energy-efficient products

Sustainable Products & Innovation

• Concentrated laundry detergents
• One Rinse Comfort fabric conditioner
• Pureit water purifier
• Pepsodent Smart Clean toothbrush
• Flora/Becel pro.activ Blood Pressure products

Awards & Recognition

• Dow Jones Sustainability World Indexes leader (10th year)
• SAM Sector Leader and SAM Gold Class
• FTSE4Good Index Series
• Global 100 Most Sustainable Corporations
• UK’s Business in the Community Corporate Responsibility Index (Platinum)
• VBDO rating for sustainable supply chain management
• ACCA UK Awards for Sustainability Reporting

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water
• Waste
• Sustainable Sourcing
• Health and Well-being
• Nutrition
• Hygiene
• Economic Development

Environmental Achievements

• Reduced environmental impacts of manufacturing operations by 41% for CO2 from energy, 65% for water use, and 73% for total waste (per tonne of production, 1995-2009)
• 15% of palm oil sourced sustainably via GreenPalm certificates
• 15% of tea sourced from Rainforest Alliance Certified™ farms
• Around 430,000 HC refrigerant cabinets purchased since 2004

Social Achievements

• Lifebuoy’s handwashing program reached over 133 million people since 2002
• 44% of food portfolio in line with guidelines for saturated and trans fat, sugar, and salt
• Shakti distribution network employs 45,000 women in India
• Ben & Jerry’s committed to Fairtrade sourcing

Governance Achievements

• Food industry sector leader in the Dow Jones Sustainability World Indexes for the 11th year running

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to unsustainable agricultural practices (e.g., deforestation for palm oil)
• Accusations against some palm oil suppliers
• Issues with contract labor in Pakistan
• Consumer behavior contributing to 70% of environmental impact

Mitigation Strategies

• Developed Good Agricultural Practice Guidelines and Unilever Sustainable Agriculture Code
• Purchased GreenPalm certificates for 15% of palm oil needs
• Set target to source 100% sustainably sourced palm oil by 2015 and tea by 2015
• Commissioned independent study to verify allegations from Greenpeace
• Increased number of permanent workers at factories in Pakistan
• Developing guidelines and training on human and labor rights
• Cleaner Planet Plan to educate consumers on resource-efficient laundry practices

Supply Chain Management

Responsible Procurement

• Unilever Sustainable Agriculture Code
• Good Agricultural Practice Guidelines
• Business Partner Code
• Rainforest Alliance Certification
• Fairtrade Certification

Climate-Related Risks & Opportunities

Physical Risks

• Threats to agricultural supply chain
• Rising energy costs
• Greater water scarcity

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: UN Global Compact

Third-party Assurance: Deloitte LLP

Sustainable Products & Innovation

• Comfort One Rinse fabric conditioner
• Concentrated liquid detergents
• HC refrigerant cabinets
• Pureit water purifier

Awards & Recognition

• Food industry leader in the Dow Jones Sustainability World Indexes for 11 years
• SAM Sector Leader and SAM Gold Class Sustainability distinctions
• FTSE4Good Index Series inclusion
• FTSE4Good Environmental Leaders Europe 40 Index inclusion
• Carbon Disclosure Project’s Leadership Index member
• Ranked 7th in Global 100 Most Sustainable Corporations
• Platinum standard in UK’s Business in the Community Corporate Responsibility Index
• Best practice by the Natural Value Initiative’s Ecosystem Services Benchmark
• Top 5 in 2009 Palm Oil Buyers’ Scorecard

Environmental Metrics

ESG Focus Areas

• Health and well-being
• Environmental impact reduction
• Enhancing livelihoods

Environmental Achievements

• Reduced greenhouse gas impact per consumer use by around 10% since 2010.
• Reduced CO2 from energy by 75% per tonne of production since 2008 in manufacturing.
• Reduced water abstraction by 49% per tonne of production since 2008 in manufacturing.
• Reduced consumer waste footprint by 34% since 2010.
• Reduced waste sent for disposal by 96% per tonne of production since 2008 in manufacturing.
• Achieved zero non-hazardous waste to landfill across global factory network by 2014.

Social Achievements

• Improved health and hygiene for over 1.3 billion people.
• Reached over 69 million young people through Dove Self-Esteem Project.
• Enabled 2.63 million women to access initiatives promoting safety, skills development, and opportunities.
• Enabled around 832,000 smallholder farmers and 1.83 million small-scale retailers to access initiatives to improve practices or increase incomes.

Governance Achievements

• Achieved gender balance in management in 2019 (50% women managers).

Climate Goals & Targets

Environmental Challenges

• Slower than expected progress on halving the greenhouse gas impact of products.
• Did not achieve target of halving water impact per consumer use due to portfolio changes and consumer behavior.
• Did not achieve target of 100% sustainable sourcing of agricultural raw materials due to scale and supply chain complexity.
• Slower than anticipated progress on tackling sachet waste due to technical and regulatory challenges.

Mitigation Strategies

• Refocused sustainable sourcing efforts on 12 priority crops.
• Developed innovative products using less water and less plastic.
• Investing in satellite data, geolocation, blockchain, and AI to improve traceability and transparency.
• Exploring business model innovations, material innovations, and biodegradable solutions for sachet waste.

Supply Chain Management

Supplier Audits: 83% of procurement spend through suppliers meeting Responsible Sourcing Policy in 2020

Responsible Procurement

• Responsible Sourcing Policy

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Love Beauty and Planet hairspray bottles (reduced carbon emissions)
• Rin detergent bar (uses less water)
• Love Home and Planet dry wash spray (uses minimal water)
• The Good Stuff no-rinse conditioners

Environmental Metrics

ESG Focus Areas

• Health and Hygiene
• Nutrition
• Greenhouse Gases
• Water
• Waste
• Sustainable Sourcing
• Better Livelihoods

Environmental Achievements

• Greenhouse gas impact per consumer use reduced by around 6% since 2010
• Waste impact per consumer use reduced by around 7% since 2010
• Over half of Unilever's sites achieved zero non-hazardous waste to landfill in 2012
• Renewable energy contributed 26.3% of total energy use
• 36% of agricultural raw materials sustainably sourced

Social Achievements

• 224 million people reached with programs to improve health and well-being
• 48,000 Shakti entrepreneurs reached
• 450,000 smallholder farmers trained

Governance Achievements

• Independent assurance of the Unilever Sustainable Living Plan by PricewaterhouseCoopers LLP (PwC)

Climate Goals & Targets

Environmental Challenges

• Scaling up programs cost-effectively
• Reducing hot water used with products
• Helping people use less hot water and energy when washing
• Making more progress on healthy eating
• Tackling post-consumer waste
• Demonstrating the impact of work on smallholder livelihoods

Mitigation Strategies

• Forming partnerships with governments, NGOs, and experts
• Exploring approaches to understand consumer behavior
• Developing multi-brand programs
• Working with industry, government, and public health organizations
• Collaborating with others – from influencing government policy to learning from suppliers and waste service providers
• Developing a simple, cost-effective method to show that interventions improve smallholders’ livelihoods

Supply Chain Management

Responsible Procurement

• Unilever Sustainable Agriculture Code
• Rainforest Alliance certification
• Roundtable on Sustainable Palm Oil (RSPO)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Changes in weather patterns

Transition Risks

• Increases in energy and food prices

Opportunities

• Innovation
• New product development
• Cost efficiencies

Reporting Standards

Frameworks Used: UN Global Compact Principles, Millennium Development Goals, Global Reporting Initiative

Third-party Assurance: PricewaterhouseCoopers LLP (PwC)

Sustainable Products & Innovation

• Concentrated laundry products
• Dry shampoos
• Climate-friendly freezers
• One Rinse fabric conditioner
• Products with reduced salt, saturated fat, sugar

Environmental Metrics

ESG Focus Areas

• Improving Health and Well-being
• Reducing Environmental Impact
• Enhancing Livelihoods

Environmental Achievements

• CO2 emissions from energy in manufacturing were 32% below 2008 levels per tonne of production.
• Water abstraction is down 29%
• Total waste sent for disposal down 66%
• 48% of our agricultural raw materials were sourced sustainably (up from 36% in 2012).

Social Achievements

• Helped 303 million people improve their health and hygiene habits.
• Provided help and training to 570,000 smallholder farmers.
• Increased the number of Shakti entrepreneurs from 48,000 in 2012 to 65,000 in 2013.

Governance Achievements

• Undertook an in-depth review with every product category and business function to identify actions to drive sustainable growth faster and remove barriers to progress.
• Broadened the plan with a more substantive and far-reaching Enhancing Livelihoods programme.
• Revised some targets to ensure they can achieve long-term ambitions.

Climate Goals & Targets

Environmental Challenges

• Total greenhouse gas footprint of products (including consumer use) is up by 5% since 2010.
• Domestic water use is up 15%.
• Challenges in areas outside of direct control.

Mitigation Strategies

• Working with others to focus on areas where they can drive the greatest change.
• Deepening efforts in areas where they have the scale, influence, and resources to create transformational change (eliminating deforestation, sustainable agriculture, improving hygiene).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Responsible Sourcing Policy sets mandatory requirements on human and labour rights.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: PwC

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Compressed deodorants (Sure, Dove, Vaseline, Lynx)
• Lifebuoy colour-changing handwash

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Health and hygiene
• Nutrition
• Waste
• Sustainable sourcing
• Fairness in the workplace
• Opportunities for women
• Inclusive business
• Water
• Energy and greenhouse gas emissions
• Waste
• Occupational safety

Environmental Achievements

• 27.1 million fewer m3 of water abstracted in 2020 than in 2008
• 49% reduction in water abstracted per tonne of production in 2020 compared to 2008
• 2,068,484 fewer tonnes of CO2 from energy use in 2020 than in 2008
• 75% reduction in CO2 from energy use (market-based) per tonne of production in 2020 compared to 2008
• 144,428 fewer tonnes of total waste sent for disposal in 2020 than in 2008
• 96% reduction in total waste sent for disposal per tonne of production in 2020 compared to 2008

Social Achievements

• Over 1.3 billion people reached by the end of 2020 through our programmes on handwashing, sanitation, oral health, self-esteem, skin healing and safe drinking water
• 61% of our food and refreshment portfolio by volume met criteria for highest nutritional standards based on globally recognised dietary guidelines
• 67% of agricultural raw materials purchased from sustainable sources
• 83% of procurement spend was through suppliers meeting the mandatory requirements of the Responsible Sourcing Policy
• 50% women in Unilever management positions
• 11,403 women enabled to access initiatives aiming to promote their safety
• 2,450,982 women enabled to access initiatives aiming to develop their skills
• 168,489 women enabled to access initiatives aiming to expand their opportunities in our value chain
• Enabled 832,285 smallholder farmers to access initiatives aimed at improving their agricultural practices
• Enabled 1,832,115 small-scale retailers to access initiatives aimed at improving their income

Governance Achievements

• Implementing the UN Guiding Principles on Business and Human Rights throughout Unilever’s operations and publicly reporting on progress
• A series of implementation activities have been carried out to create the Framework for Fair Compensation for Unilever

Climate Goals & Targets

Environmental Challenges

• Data reporting systems for Unilever Sustainable Living Plan targets and performance are evolving and we continue to work to align data recording and reporting methods across the Unilever Group.

Mitigation Strategies

• Working with third parties where we rely on their data to provide input and support our performance.

Supply Chain Management

Responsible Procurement

• Unilever’s Responsible Sourcing Policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Guiding Principles on Business and Human Rights, GHG Protocol

Third-party Assurance: PricewaterhouseCoopers LLP (PwC)

Environmental Metrics

ESG Focus Areas

• Climate Change
• Deforestation
• Regenerative Agriculture
• Water Stewardship

Environmental Achievements

• Reduced CO2 emissions from energy from our factories per tonne of production by 75% against the 2008 baseline.
• Reduced absolute scope 1+2 emissions by 13.6% vs 2020
• Met 55% of our global energy needs for our manufacturing operations from renewable sources

Social Achievements

• Launched Regenerative Agriculture Principles and Sustainable Agriculture Code, promoting Climate-Smart Agriculture to suppliers.
• Implemented over 4,000 water management plans through our sustainable sourcing programme

Governance Achievements

• Board-level oversight of climate-related issues.
• Executive compensation linked to ESG performance (25% of the total PSP award for the CEO, other C-Suite officers and senior executive leadership is linked to Sustainability Progress Index).

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to extreme weather events and water scarcity.
• Increased costs due to emerging climate regulations (carbon pricing, land use regulation).
• Challenges in sourcing renewable electricity in certain countries due to regulatory barriers and lack of credible procurement options.

Mitigation Strategies

• Contingency plans to secure alternative material supplies, transfer production, and substitute materials.
• Regenerative Agriculture Principles and Sustainable Agriculture Code to improve supplier resilience.
• Internal carbon pricing to drive low-carbon investment and energy efficiency.
• Advocating for stronger climate commitments and policies.

Supply Chain Management

Supplier Audits: 83% of suppliers meeting RSP requirements

Responsible Procurement

• Responsible Sourcing Policy (RSP)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Water scarcity

Transition Risks

• Carbon pricing
• Land use regulation
• Changing consumer preferences

Opportunities

• Growth in plant-based products
• Energy efficiency improvements
• Renewable energy sourcing

Reporting Standards

Frameworks Used: TCFD, Greenhouse Gas Protocol

Certifications: Rainforest Alliance

Third-party Assurance: PricewaterhouseCoopers LLP (PwC)

Sustainable Products & Innovation

• Plant-based meat and dairy alternatives
• Energy-efficient detergents
• Recycled plastic packaging

Awards & Recognition

• PETA Vegan Food Award

Environmental Metrics

ESG Focus Areas

• Climate change
• Plastic packaging
• Deforestation
• Diversity & Inclusion
• Human Rights
• Health and wellbeing
• Positive nutrition
• Responsible sourcing
• Living wage

Environmental Achievements

• 64% reduction in Scope 1 and 2 GHG emissions since 2015
• 53% of plastic packaging is reusable, recyclable or compostable
• Approximately 17% recycled plastic in total packaging portfolio (July 2020 to June 2021)
• Reduced total virgin plastic packaging footprint by around 16% since 2018

Social Achievements

• Launched digital tool in four countries to help people identify their risk of type 2 diabetes
• Intensified focus on mental health, introducing online training in ten languages
• Increased representation of women in management to 52%
• Spent €445 million with diverse suppliers in 2021
• Brand-led initiatives helped to improve health and wellbeing and advance equity and inclusion for almost 700 million people in 2021

Governance Achievements

• Shareholders overwhelmingly supported the Climate Transition Action Plan (CTAP) with 99.59% of votes in favour
• New Remuneration Policy approved at the 2021 AGM with over 93% of votes in favour
• Board conducted a thorough internal evaluation exercise

Climate Goals & Targets

Environmental Challenges

• Spiralling cost inflation impacting underlying operating margin
• Supply chain disruptions due to Covid-19 and extreme weather conditions
• Shortages of agricultural raw materials
• Lack of recycling infrastructure
• High demand and cost of recycled plastic

Mitigation Strategies

• Pricing actions to offset rising input costs
• Savings programmes to mitigate inflationary impacts
• Spread production across manufacturing network and held inventory closer to the consumer
• Enhanced procurement approach using AI
• Investing in waste collection, processing and capacity-building projects
• Exploring less or no plastic alternatives

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Responsible Sourcing Policy (RSP)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather
• Water scarcity

Transition Risks

• Carbon pricing
• Land use regulation
• Product composition regulations
• Sourcing transparency regulations
• EPR

Opportunities

• Growth in plant-based foods
• Investment in energy transition technologies

Reporting Standards

Frameworks Used: TCFD, GRI, UNGC

Certifications: Null

Third-party Assurance: PriceWaterhouseCoopers LLP (PwC)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Plant-based products
• Concentrated and compacted products
• Products with renewable and recycled ingredients

Awards & Recognition

• WARC and Effie awards for Dirt is Good
• PETA Vegan Food Award for Magnum Vegan Sea Salt Caramel

Environmental Metrics

ESG Focus Areas

• climate
• nature
• plastics
• livelihoods

Environmental Achievements

• Reduced GHG emissions in operations by 74% since 2015 (achieved interim target two years ahead of schedule)
• 97.5% of palm oil, paper and board, tea, soy and cocoa order volumes were deforestation-free by the end of 2023
• Reduced use of virgin plastic by 18% since 2019

Social Achievements

• Launched ‘Shape Your Own Adventure’ global initiative to empower employee career development
• Maintained gender balance at management level
• Supplier diversity program active in 25 markets, with total spend reaching €1.1 billion

Governance Achievements

• Implemented a Growth Action Plan to accelerate growth, drive productivity, and improve performance culture
• Revised Remuneration Policy to address shareholder feedback
• Updated Climate Transition Action Plan (CTAP) published

Climate Goals & Targets

Environmental Challenges

• Underperformance relative to competitors
• High inflation impacting input costs and consumer spending
• Loss of market share in some areas
• Economic and political instability in some regions
• Climate change impacts on supply chain and consumer demand
• Plastic waste and pollution
• Cybersecurity threats

Mitigation Strategies

• Growth Action Plan focusing on faster growth, productivity, and performance culture
• Price increases to offset inflation
• Portfolio optimization through acquisitions and disposals
• Contingency plans for supply chain disruptions
• Climate Transition Action Plan (CTAP) to reduce GHG emissions
• Initiatives to reduce virgin plastic use and increase recycling
• Enhanced cybersecurity measures

Supply Chain Management

Responsible Procurement

• Responsible Partner Policy (RPP)
• Supplier Climate Programme
• Living Wage Promise
• Sustainable sourcing initiatives

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Water scarcity

Transition Risks

• Carbon tax
• Land use regulations
• Product composition regulations
• Sourcing transparency and product labelling regulations
• Extended producer responsibility (EPR)
• Energy transition and rising energy prices
• Energy and commodity market volatility

Opportunities

• Growth in plant-based foods
• Investment in energy transition technologies
• Resource efficiency

Reporting Standards

Frameworks Used: TCFD

Third-party Assurance: PricewaterhouseCoopers LLP (PwC)

Sustainable Products & Innovation

• Plant-based products
• Products with lower carbon footprint
• Products using less water
• Recyclable packaging
• Products with biodegradable formulations

Environmental Metrics

ESG Focus Areas

• Climate Change
• Nature
• Plastics
• Livelihoods

Environmental Achievements

• Reduced Scope 1 & 2 GHG emissions by 74% vs 2015 baseline (as of 2023)
• Increased post-consumer recycled plastic (PCR) use from 18% in 2021 to 22% in 2023

Social Achievements

• Participation in industry working groups on Climate Justice and Just Transition
• Engaging and supporting farmers and smallholders in agricultural supply chains

Governance Achievements

• Board accountability for climate change risks and opportunities
• Climate-linked executive remuneration (proposed 15% weighting for 2024 Performance Share Plan awards)

Climate Goals & Targets

Environmental Challenges

• Achieving significant absolute reductions in Scope 3 emissions
• Finding commercially viable pathways to reduce emissions from energy-intensive chemical feedstocks by 2030
• Availability of deforestation-free and lower-emission commodities
• Lack of consensus around forest-risk commodity management
• Accelerated decarbonisation of the transport sector
• Improved availability of alternative fuels, electric vehicles, and recharging infrastructure

Mitigation Strategies

• Updated CTAP with new near-term Scope 3 GHG reduction targets
• Investing €150m in manufacturing decarbonisation programme
• Supplier Climate Programme targeting 300 emissions-intensive suppliers by end of 2024
• Reformulating products to use lower-GHG ingredients
• Investing in regenerative agriculture and lower carbon dairy
• Improving transport network efficiency and scaling up electric and alternative fuel vehicles
• Increasing cabinet energy efficiency and transitioning to renewable energy
• Developing alternative aerosol propellants for the US market
• Advocacy for supportive policies

Supply Chain Management

Supplier Audits: 300 emissions-intensive suppliers onboarded by end 2024

Responsible Procurement

• Supplier Climate Programme
• Responsible Partner Policy
• People & Nature Policy
• Unilever Sustainable Agriculture Code

Climate-Related Risks & Opportunities

Physical Risks

• Fluctuating weather patterns and climatic extremes

Transition Risks

• Carbon prices
• Regulatory changes
• Market shifts

Opportunities

• Increased resilience
• Improved efficiency
• Innovation
• Attracting talent

Reporting Standards

Frameworks Used: SBTi, TCFD, GHG Protocol

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 13 (Climate Action)
• Goal 15 (Life on Land)

Initiatives contribute to these goals through emissions reductions, renewable energy transition, deforestation prevention, and regenerative agriculture.

Sustainable Products & Innovation

• Fast-dissolving laundry capsules
• Low-oil mayonnaise
• Plant-based ice cream
• Laundry sheets
• Shampoo bars