14th Dec 2020 09:02
Unilever PLC - London-based consumer products - Plans to put its climate transition action plan before shareholders for an advisory vote. Unilever asserts this is the first time a major global company has voluntarily put its climate strategy to a shareholder vote. The plan involves reducing the food, beauty and household products maker's emission within its own operations and also in its value chain, meaning including its suppliers and distributors. Unilever is aiming for zero emissions from its own operations and a 50% reduction in the average footprint of its products by 2030. It also has set a target of net zero emissions from sourcing to point-of-sale by 2039. Unilever says it will publish its climate transition action plan in the first quarter of 2021, ahead of the advisory vote at its annual general meeting on May 5.
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By Tom Waite; [email protected]
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