A couple of months ago, Unilever announced a bold commitment to invest €1 billion over the next decade in projects that will help achieve net-zero emissions by 2039. The consumer goods giant is now planning to invest another €1 billion in eliminating fossil fuels from its cleaning products by 2030.
“We believe that transparency about carbon footprint will be an accelerator in the global race to zero emissions, and it is our ambition to communicate the carbon footprint of every product we sell.”
The consumer goods powerhouse, which owns brands including Marmite, Ben & Jerry’s and Lipton, said the investment will be spent over the next ten years on projects including water preservation, landscape restoration, wildlife protection and carbon sequestration.
At the World Economic Forum in Davos, 11 companies have announced that they will work towards using 100 percent reusable, recyclable or compostable packaging by 2025 or earlier