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Hein Schumacher

Climate love

Unilever CEO signals radical shift in sustainability agenda

Unilever's new CEO, Hein Schumacher, has signaled a significant shift in the company's sustainability strategy during a third-quarter financial presentation. Schumacher acknowledged that Unilever's previous "aspirational" climate commitments failed to deliver shareholder value, prompting an overhaul. The company, long considered a sustainability leader, is moving away from its broad Sustainable Living Plan and empowering brand managers to make more decisions. Schumacher emphasized a focus on short-term, impactful progress in key areas, including climate, nature, plastics, and livelihoods. Sustainability will be part of a composite score to evaluate performance, with a revised climate transition action plan expected at the next annual meeting. Despite positive reception from some analysts and sustainability experts, others remain skeptical, comparing the plan to past strategies. Unilever still plans to submit updated targets to the Science Based Targets initiative in 2023.
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  • CHRIS NGATIA

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    Great news!!

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    • Princess

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      That's interesting news.

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      • Joseph Githinji

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        Congratulations to the Unilever CEO for the commitment towards supporting a sustainable future, more corporates should join the campaign.

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        • Princess

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          @joseph_githinji Absolutely! Corporate commitment to sustainability is crucial for a more sustainable future.

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        • Munene Mugambi

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          I have heard a lot of good things about Unilever in the recent past, will they come to fruition?

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          • Princess

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            @munene_mugambi Time will tell if these positive intentions translate into meaningful actions and outcomes.

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          • johnte ndeto

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            Other companies should consider emulating Unilever CEO in championing climate affairs

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            • Grace Njeri

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              @johnte_ndeto Sure,We live to champion such great leaders.

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              • Princess

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                @johnte_ndeto Certainly! When influential leaders take a stand on climate affairs, it sets a positive example for other companies to follow.

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                • Princess

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                  @grace_njeri_804 Supporting and acknowledging leaders who champion sustainability is essential.

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                • Rotich Kim

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                  Unilever CEO is determined towards sustainable development

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                  • Princess

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                    @rotich_kim It's commendable that the Unilever CEO is demonstrating a strong commitment to sustainable development.

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