Unilever's Sustainable Living Plan on track
Six years into the Unilever Sustainable Living Plan (USLP), Unilever has announced it is on track to meet most of its 50+ targets, with its purpose-driven brands driving sales and adding value to the business. Globally, Unilever’s Sustainable Living Brands delivered over 60% of the company’s total growth, up from 46% last year, and grew more than 50% faster than the rest of the business in 2016.
Unilever is also making solid progress on reducing its environmental impact, cutting its carbon footprint and developing a renewable energy strategy to meet its 2030 carbon positive ambition. Unilever’s efforts to reduce, re-use, recover and recycle waste from across its value chain were also recognised by the Australian Packaging Covenant for the second year in a row. Already 78% of Unilever packaging in Australia and New Zealand is made from recyclable materials, with the company now working on developing a roadmap to meet its global 2025 target of ensuring all plastic packaging is designed to be re-usable, recyclable or compostable.
Coinciding with the release of the six-year progress report of the USLP, Kantar Worldpanel revealed 13 of Unilever’s brands were included in its index of the world’s most chosen FMCG brands. Not only did Unilever have the highest number of brands in the index, two-thirds of the Unilever brands in the top 50 were also Unilever Sustainable Living Brands, showing consumers are embracing the company’s commitment to sustainable business practices.
“Increasingly we are seeing that sustainability is good for business,” said Clive Stiff, chairman and CEO Unilever Australia & New Zealand. “There is no doubt the Unilever Sustainable Living Plan is making us more competitive, helping us to grow our brands and become more innovative. At the same time, the USLP is strengthening our supply chain to reduce our risks and lower our costs as well as building trust in our business. Not only is this good for our consumers and our world but we are also creating value for our shareholders.”
For more information, visit www.unilever.com.au/sustainable-living/.
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