• Latest
  • Trending
Indonesian wet markets carry high risk of coronavirus transmission

Unilever €1bn climate and nature fund, target net-zero emissions by 2039

June 16, 2020
Facebooks bikini girls

Facebooks bikini girls

April 6, 2021
U.S. official: Washington to consult closely with allies on North Korea policy

U.S. official: Washington to consult closely with allies on North Korea policy

April 5, 2021
Militants attack military bases in southern Somalia

Militants attack military bases in southern Somalia

April 5, 2021
Oxfam suspends 2 aid workers under investigation in DRC

Oxfam suspends 2 aid workers under investigation in DRC

April 4, 2021
China Intends to Occupy More Disputed Areas, Philippines Says

China Intends to Occupy More Disputed Areas, Philippines Says

April 4, 2021
China: Defense budget to grow by 6.8 % to maintain upgrades

China: Defense budget to grow by 6.8 % to maintain upgrades

March 6, 2021
Pakistan PM: Will sit on opposition benches if loses confidence vote

Pakistan PM: Will sit on opposition benches if loses confidence vote

March 5, 2021
Pakistan: Maryam Nawaz prevails in elections

Pakistan: Maryam Nawaz prevails in elections

March 5, 2021
Putin May Have Triggered an Attempted Coup in Armenia

Putin May Have Triggered an Attempted Coup in Armenia

March 1, 2021
Karma the Hollywood curse

Karma the Hollywood curse

March 1, 2021
Hyatt Hotels responds to calls for boycotts over hosting CPAC

Hyatt Hotels responds to calls for boycotts over hosting CPAC

March 1, 2021
Explosion strikes Israeli ship in Mideast raises tension

Explosion strikes Israeli ship in Mideast raises tension

February 28, 2021
citizendaily
  • Asia News
    • Northeast Asia
      • China
      • Japan
    • North Korea
    • Oceania
      • Australia
      • New Zealand
    • South Asia
      • Afghanistan
      • Bangladesh
      • India
      • Pakistan
    • Southeast Asia
      • Indonesia
      • Malaysia
      • Philippines
      • Singapore
      • Thailand
  • World News
    • Africa
    • Europe
      • Germany
      • United Kingdom
    • Latin America
      • Cuba
      • Mexico
    • Middle East
      • Gulf States
      • Iran
      • Iraq
      • Saudi Arabia
      • Syria
    • North America
      • Canada
      • United States
    • Russian Federation
  • Economy
    • Brexit
    • Free Market
  • Politics
    • ASEAN
    • Diplomacy
    • ISIS
    • National Defence & Security
  • Editorial
  • Environment
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Lifestyle
    • Books & Literature
    • Entertainment
    • Food & Dining
    • Religion
    • Travel
    • Tech
  • Sports
No Result
View All Result
Saturday, April 17, 2021
  • Asia News
    • Northeast Asia
      • China
      • Japan
    • North Korea
    • Oceania
      • Australia
      • New Zealand
    • South Asia
      • Afghanistan
      • Bangladesh
      • India
      • Pakistan
    • Southeast Asia
      • Indonesia
      • Malaysia
      • Philippines
      • Singapore
      • Thailand
  • World News
    • Africa
    • Europe
      • Germany
      • United Kingdom
    • Latin America
      • Cuba
      • Mexico
    • Middle East
      • Gulf States
      • Iran
      • Iraq
      • Saudi Arabia
      • Syria
    • North America
      • Canada
      • United States
    • Russian Federation
  • Economy
    • Brexit
    • Free Market
  • Politics
    • ASEAN
    • Diplomacy
    • ISIS
    • National Defence & Security
  • Editorial
  • Environment
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Lifestyle
    • Books & Literature
    • Entertainment
    • Food & Dining
    • Religion
    • Travel
    • Tech
  • Sports
No Result
View All Result
citizendaily
No Result
View All Result

Unilever €1bn climate and nature fund, target net-zero emissions by 2039

Consumer goods giant Unilever has today (14 June) unveiled a new set of sustainability commitments, pledging to end its contribution to deforestation, promote regenerative agriculture, transition to biodegradable ingredients and reach net-zero emissions for products by 2039 - all supported by a new €1bn Climate and Nature fund.

June 16, 2020
in Business, Climate Change, Economy, Environment, Featured, Health, Science & Technology, World News
0
Home Business
Post Views: 26,986

 

Unilever is the latest corporate to revamp its approach to sustainability in alignment with net-zero emissions and the needs of the Paris Agreement.

Having already set science-based targets to eliminate carbon emissions from its operations and to halve the greenhouse gas (GHG) emissions across its products and value chain by 2030, Unilever has now pledged to reach net-zero emissions for products by 2039. Net-zero emissions will account for the sourcing of the materials used, up to the point of sale for products.

Accompanying the net-zero commitment is a new €1bn Climate & Nature Fund that will be used over the next decade to introduce projects across its brand portfolio that will focus on land restoration, reforestation, carbon sequestration, wildlife protection and water preservation.

RelatedPosts

In Southeast Asia, COVID-19 Slowly Tightens Its Grip

E-wallets in Southeast Asia won’t stop burning cash

Coronavirus cases pass 20m as WHO points to ‘green shoots of hope’

Singapore GDP shrinks a record 41.2% in second quarter

Batik claim by China’s state news agency wades into Indonesia-Malaysia rivalry

Unilever’s commitments at a glance:

  • Net-zero emissions products by 2039
  • €1bn Climate & Nature Fund over the next decade
  • Deforestation-free supply chain by 2023
  • Make all product formulations biodegradable by 2030
  • Implement water stewardship programmes for local communities in 100 locations by 2030

Unilever’s chief executive Alan Jope said: “While the world is dealing with the devastating effects of the Covid-19 pandemic, and grappling with serious issues of inequality, we can’t let ourselves forget that the climate crisis is still a threat to all of us.

“Climate change, nature degradation, biodiversity decline, water scarcity – all these issues are interconnected, and we must address them all simultaneously. In doing so, we must also recognise that the climate crisis is not only an environmental emergency; it also has a terrible impact on lives and livelihoods. We, therefore, have a responsibility to help tackle the crisis: as a business, and through direct action by our brands.”

The net-zero commitment will see Unilever build and prioritise partnerships with suppliers that have set or committed to their own science-based targets – an ask that is growing in prominence amongst larger businesses.

Unilever also wants to communicate the carbon impact and footprint of its products to consumers and will set up invoicing and declaration systems for suppliers based on carbon footprints. Unilever will create partnerships with other businesses and organisations to standardise data collection, sharing and communication.

The company will also advocate for a wider net-zero transition and will publicly call on governments to set net-zero targets backed up with intermediate reduction targets and enabling policies such as carbon pricing.

Regenerative agriculture

Unilever will work with farmers and smallholders on regenerative agriculture programmes that restore forests, improve biodiversity and enhance soil.

Despite ranking amongst the top performers on approaches to combatting deforestation, traceability remains an issue for key ingredients such as palm oil, and Unilever has had to cancel supplier contracts based on links to deforestation in the past.

Currently, 89% of Unilever’s forest-sourced commodities are listed as sustainably sourced to global standards. Unilever has committed to improving the traceability of its supply chain to allow for accurate verification of deforestation-free commodities as part of an overall commitment to eliminating deforestation from its supply chain by 2023.

Unilever has already incorporated blockchain technology to improve supply chain practices, and satellite monitoring and geolocation tracking are two other technologies that will be used by the company to engage with suppliers on farming practices.

The company will build on its Sustainable Agriculture Code for suppliers by creating a new Regenerative Agriculture Code. The Code will include best-practice approaches to sustainable farming and will be open to the entire industry.

Unilever will also develop partnerships with NGOs and governments to protect areas of high conservation value with high levels of carbon sequestration potential.

Water and biodegradable commitments

With around 40% of the world’s population subjected to water scarcity, Unilever will work with governments to improve access to water for communities located in water-stressed regions. The company will develop water stewardship programmes for local communities in 100 locations by 2030.

In addition, Unilever will join the 2030 Water Resources Group, steered by the World Bank, to promote water management in key water-stressed markets including India, Brazil, South Africa, Vietnam and Indonesia.

Building on the water commitment is a pledge to make all product formulations biodegradable by 2030, in a bid to minimise impact their on water systems. Unilever notes that some ingredients currently have no viable biodegradable alternatives and will focus on unlocking innovation in this area.

Last year, Unilever announced it would halve its use of virgin plastic by 2025 by reducing plastic packaging by more than 100,000 tonnes, increasing the amount of recycled plastics it uses and collecting and processing more plastic packaging than it sells.

Unilever’s chief supply chain officer Marc Engel added: “Our collective responsibility in tackling the climate crisis is to drive an absolute reduction of greenhouse gas emissions, not simply focus on offsetting – and we have the scale and determination to make it happen. But this is not enough. If we want to have a healthy planet long into the future, we must also look after nature: forests, soil biodiversity and water ecosystems.

“In most parts of the world, the economic and social inclusion of farmers and smallholders in sustainable agricultural production is the single most important driver of change for halting deforestation, restoring forests and helping regenerate nature. In the end, they are the stewards of the land. We must, therefore, empower and work with a new generation of farmers and smallholders in order to make a step change in regenerating nature.”

Source: Edie
Tags: AgriculturebusinessClimate ChangeEconomyEmissionenvironmentGHGHealthTechnologyUnilever
Previous Post

Indonesian wet markets carry high risk of coronavirus transmission

Next Post

Maria Ressa found guilty of cyber-libel charges in Philippines

Related Posts

Facebooks bikini girls
Asia News

Facebooks bikini girls

April 6, 2021
U.S. official: Washington to consult closely with allies on North Korea policy
ASEAN

U.S. official: Washington to consult closely with allies on North Korea policy

April 5, 2021
Militants attack military bases in southern Somalia
Asia News

Militants attack military bases in southern Somalia

April 5, 2021
Oxfam suspends 2 aid workers under investigation in DRC
Africa

Oxfam suspends 2 aid workers under investigation in DRC

April 4, 2021
China Intends to Occupy More Disputed Areas, Philippines Says
ASEAN

China Intends to Occupy More Disputed Areas, Philippines Says

April 4, 2021
China: Defense budget to grow by 6.8 % to maintain upgrades
Afghanistan

China: Defense budget to grow by 6.8 % to maintain upgrades

March 6, 2021
Next Post
Indonesian wet markets carry high risk of coronavirus transmission

Maria Ressa found guilty of cyber-libel charges in Philippines

Translate

Subscription

Popular Post

Facebooks bikini girls
Asia News

Facebooks bikini girls

April 6, 2021
0

  With Covid-19 hopefully soon behind us travel planning is not yet in full swing. This did not stop Asia’s...

Read more

NGOs call for mass boycott of palm oil giant IOI

June 29, 2016
No peace for Greenpeace

No peace for Greenpeace

July 1, 2016

The Case Against Greenpeace

July 1, 2016
Children in ISIS Nusantara Media Outreach

Children in ISIS Nusantara Media Outreach

July 2, 2016
  • About Us
  • Creative Commons
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Contact Us

Topics

Follow Us

About Us

citizendaily.news is part of the citizen Daily Media Group LLC, which delivers daily news around the globe. ​

© 2012 The Citizen Daily

No Result
View All Result
  • Asia News
    • Northeast Asia
      • China
      • Japan
    • North Korea
    • Oceania
      • Australia
      • New Zealand
    • South Asia
      • Afghanistan
      • Bangladesh
      • India
      • Pakistan
    • Southeast Asia
      • Indonesia
      • Malaysia
      • Philippines
      • Singapore
      • Thailand
  • World News
    • Africa
    • Europe
      • Germany
      • United Kingdom
    • Latin America
      • Cuba
      • Mexico
    • Middle East
      • Gulf States
      • Iran
      • Iraq
      • Saudi Arabia
      • Syria
    • North America
      • Canada
      • United States
    • Russian Federation
  • Economy
    • Brexit
    • Free Market
  • Politics
    • ASEAN
    • Diplomacy
    • ISIS
    • National Defence & Security
  • Editorial
  • Environment
    • Climate Change
    • Forests
    • Water & Oceans
    • Wildlife & Endangered Species
  • Lifestyle
    • Books & Literature
    • Entertainment
    • Food & Dining
    • Religion
    • Travel
    • Tech
  • Sports

© 2012 The Citizen Daily