On any given day, two billion people use Unilever products to look good, feel good and get more out of life.
With more than 400 brands focused on health and wellbeing, no company touches so many people’s lives in so many different ways. Unilever’s portfolio ranges from foods, soaps, shampoos and everyday household care products. The company produces world-leading brands including Lipton, Knorr, Dove, Axe, Hellmann’s and Omo, alongside trusted local names such as Blue Band, Pureit and Suave.
For Unilever, sustainability is integral to how it does business. With 7 billion people on our planet, the earth’s resources can be strained. This means sustainable growth is the only acceptable model of growth for the business. The Unilever Sustainable Living Plan sets out to decouple its growth from its environmental impact, while at the same time increasing its positive social impact.
Unilever has the potential to pilot circularity across global fast- moving supply chains, and with
a reported 2 billion consumers worldwide using a Unilever product each day, the opportunity to test it at scale is clear. Outlined as a US $700 billion opportunity for the FMCG sector in its second economic report, the consumer goods industry is starting to embrace the potential of the circular model.
For durables, the benefits of reuse have been more widely demonstrated. For consumer goods – such as food and beverages or apparel and their packaging – which are short-lived and often transformed during use, the economic benefits of a circular design seem initially harder to capture. Yet recovering part of the US $2.6 trillion of material value lost each year is a huge opportunity for fast-moving consumer goods companies and Unilever will prove to be an important pathfinder within the industry.
The goal of Unilever’s Global Partnership with the Foundation is to unlock the economic opportunities of the circular economy along the entire value chain. To contribute to the delivery of the Unilever Sustainable Living Plan waste strategy commitments, the partnership will focus on optimising packaging and manufacturing material streams so that they become a source of value creation for the business and wider stakeholder community.