Posts tagged "Unilever"

Unilever publicly discloses palm oil supply chain: ‘You can’t outsource your responsibilities,’ says Polman

[20 February/Dairy Reporter] According to Unilever, they have become the first consumer goods company to publically disclose all the suppliers and mills they buy palm oil from. Around 2.5 billion people use Unilever’s products every day making them one of the biggest consumer goods manufacturers in the world. They use palm oil in many of...

Breaking away from bad science? Mars to leave ILSI in transparency bid

[8 February/ Food Navigator] Mars has announced that it plans to quit the industry funded International Life Sciences Institute (ILSI) by the end of 2018 and will now support science regardless of the results expected.  Mars has made its science policy public in a bid to increase trust and transparency. They have committed to publish...

Private equity firm KKR wins auction for Unilever’s spreads business

[15 December/Food Navigator] Unilever has received a binding offer from US buyout firm KKR of EUR6.825 billion for global spreads business. The sale of the spreads business represents a further step in reshaping and sharpening the Unilever portfolio of businesses for long term growth according to CEO, Paul Polman. The marketing leading brands, including Flora...

Nestle, Unilever, Walmart and others look at Blockchain with IBM

[22 August/Food Navigator] Many leading food brand owners have joined a consortium with IBM investigating areas of the food supply chain that will benefit from blockchain technology solutions. The consortium includes Dole, Nestle, Tyson, Unilever, Walmart, Driscolls, Golden State Foods, Kroger amongst others. IBM plans to introduce a food safety tool built on IBM Blockchain...

Unilever to switch to 100% renewable energy in UK plants

[1 June/Food Navigator USA] As part of Unilever’s Sustainable Living Plan, renewable energy now supplies 15 of the company’s UK sites, and the company plans to ensure 100 percent of UK sites use renewable energy by 2030. Unilever’s Sustainable Living Plan also aims to source all electricity purchased from the grid from renewable sources by...

Unilever develops technology to prevent billions of plastic sachets from entering into oceans

[11 May/ The Independent] Unilever has developed a new technology to recycle the hundreds of billions of single-use sachets that it packaged products in each year. Through a new system called CreaSolv, the plastic sachets would be recovered and used to create new ones for Unilever products. The system was part of Unilever’s pledge to...

Plant Meat Matters: Unilever, Givaudan and Ingredion invest in vegetarian steak

 [13 March/ Food Navigator] A plant-based steak has been developed by Wageningen University researchers. Vegetable protein such as soy, wheat, pea, rapeseed or corn, can be transformed into a layered and fibrous structure resembling steak. Since creating the product with Dutch food manufacturer The Vegetarian Butcher, other companies such as Unilever, Givaudan and Ingredion have...

Unilever shares slide after Kraft Heinz withdraws USD143 billion bid

 [20 February/ NZ Herald] Shares in Unilever fell significantly on news that Kraft Heinz has withdrawn its USD143 billion takeover offer. The companies said that the offer had been amicably abandoned, despite the opportunity to create a merged company that would have rivalled Nestle as the world’s biggest packaged food maker. Analysts note that Kraft...

Kraft makes bid for Unilever

[18 February/ Otago Daily Times] Although rejected by maker of Lipton tea and Dove soap, US food firm Kraft Heinz offered USD143 billion for Unilever in an attempt to create a global consumer goods giant. Under UK takeover rules, Kraft has until March 17 to make a final bid. Unilever shares rose to a record,...

PepsiCo, Nestle among companies in sustainable food programme

 [20 January/ Food Business News] Twenty five global food and beverage manufacturers have announced the formation of the FReSH initiative – the Food Reform for Sustainability and Health Program.  The programme’s goal is to accelerate change in global food systems to deliver everybody with a healthy diet of food produced within planetary boundaries.  The programme,...

Unilever is adding a vegetarian logo to 500 products, including Flora and Hellmann’s, by the end of 2017 to boost interest among flexitarians

[22 November/ The Guardian] Unilever has announced that It would add a vegetarian logo to 500 of its products by the end of 2017. Unilever United Kingdom and Ireland Vice President of Foods, Andre Burger said the label would make it easier and quicker for customers to identify which of its brands were plant based...

13 Food Giants pledge to ‘redouble’ climate change efforts at COP22

[21 November/ FoodNavigator.com] A letter signed by the CEO’s of 13 of the largest food and beverage companies in the world (including Unilever, Mars, Danone and Kellogg) highlights the risk of rising agricultural emissions and the impact that this could on destabilising the global food system, placing livelihoods, farming communities, agricultural supply chains and consumers...

Unilever in talks to buy Jessica Alba’s Honest company for $1bn

 [16 September/ The Guardian] According to reports, Unilever is in discussions to acquire Honest, a household goods company founded by Hollywood Actor, Jessica Alba, for more than USD 1 billion. Honest has built up a loyal customer base of young mothers who bought its diapers, household cleaners and beauty products via online subscriptions. The speculated...

Danone eyes growth in volatile emerging markets

[23 February/ Irish Examiner] Shares in Danone rose 3.5 percent, despite downbeat comments from rivals Unilever and Nestle. The company’s sales increased by 4.4 percent during 2015, and were forecasted to rise 3-5 percent this year. Danone CEO, Emmanuel Faber said Danone would return to strong, profitable and sustainable growth by 2020. Mr Faber added...

Unilever boss warns UK against sugar tax

[24 January/ The Guardian] Unilever CEO, Paul Polman has warned that a sugar tax will not solve the obesity crisis in the United Kingdom, and urged the government not to introduce one. Mr Polman said there was little evidence that introducing a tax on food and drink with a high sugar content would help tackle...

Unilever boss urges world leaders to reduce carbon output [18 May/ BBC News: Business]

Unilever Chief Executive, Paul Polman warned that if climate change is not tackled, economic growth will not be achieved. Mr Polman said Unilever had seen the effect of climate change on growth, as the business experienced costs between EUR 300 million and EUR 400 million higher than normal due to extreme weather. Mr Polman also...

What can farmers do with a $10m grant? Maybe fix the global supply chain

[17 February/ The Guardian] Unilever and the Clinton Foundation announced a USD 10 million plan with a fifty-fifty funding split to help impoverished growers in developing countries to improve their supply chain, including their farming techniques and the efficiency of selling their harvest. The grant is intended to be spent over three years to fund...

Oxfam’s Behind the Brands report looks at ethics of world’s biggest food companies

[28 February/ CNN, USA] As part of a campaign to encourage major companies to adopt more ethical sourcing, Oxfam has again issued its behind the brands scorecard which compares the way the ten largest global food and drink companies do business.  The report compares companies on criteria including transparency, women’s rights, farmers’ right and land,...