Unilever to Set Climate-Change Plan before Shareholders
By Joe Hoppe
Unilever PLC said Monday that it will put its climate-change
action plan to a shareholder vote, and will aim for zero emissions
from its own operations by 2030.
The owner of Ben & Jerry's ice cream and Hellmann's
mayonnaise, said it will seek a nonbinding advisory vote on the
company's emissions targets and plans to achieve them. It will
share the plan in the first quarter of 2021 ahead of the annual
general meeting on May 5, and the plan will be updated on a rolling
The company said targets include eliminating greenhouse-gas
emissions from its own operations by 2030, along with halving the
overall carbon footprint of its products. The plans join an
existing target of net zero emissions from sourcing to the point of
sale by 2039, first announced June 15.
"We welcome this increased transparency and in the plan we
present, we will be clear both about the areas in our direct
control where we have a high degree of certainty of our route to
net zero, as well as more challenging areas across our value chain
where systemic solutions will be required to achieve our targets,"
Chief Executive Alan Jope said.
Write to Joe Hoppe at firstname.lastname@example.org
(END) Dow Jones Newswires
December 14, 2020 02:35 ET (07:35 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.