GlobalData offers a comprehensive analysis of Unilever, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Unilever’s ESG performance. GlobalData’s company profile on Unilever offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
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Unilever, a multinational consumer goods company, has set ambitious net-zero targets by 2039 to reduce its carbon emissions. Scope 1 emissions include manufacturing emissions from energy use and other emissions from out-of-scope fuels consumed at manufacturing sites. Scope 2 emissions encompass non-manufacturing emissions from energy use. Additionally, Unilever includes biogenic fuels at its manufacturing sites, such as biogas and wood pellets, in its emissions calculations. The strategy for scope 1 and 2 emissions aims to attain zero emissions by 2030, while targeting a 70% reduction by 2025.
In terms of carbon emissions trends, Unilever's scope 1 and 2 CO2 emissions from energy use in tonnes (location-based) were 1,562,623 in 2022, compared to 1,620,007 in 2021. This indicates a slight reduction in emissions from the previous year. Also, scope 1 and 2 CO2 emissions from energy use in tonnes (market-based) were 557,826. The company has also seen a significant decrease in emissions compared to 2008, with a change of 2,228,056 tonnes of CO2 from energy use (market-based). Unilever has achieved a percentage change of -79% in scope 1 and 2 CO2 emissions per tonne of production compared to 2008.
To achieve its net-zero targets, Unilever has taken steps to reduce emissions. The company has invested in various initiatives, including energy efficiency measures and the use of renewable energy sources. Unilever has also focused on waste management, with a decrease in total waste sent for disposal per tonne of production compared to 2008. The company has made progress in reducing water consumption, with a decrease in the volume of water abstracted per tonne of production compared to 2008. Unilever has also prioritized occupational safety, with a decrease in the number of fatal accidents and a lower accident rate.
In conclusion, Unilever is committed to achieving net-zero emissions by 2039 and has made progress in reducing carbon emissions. The company has implemented diverse measures to meet its emission reduction targets. Their investments in energy efficiency, waste management, and water conservation highlight a strong dedication to sustainability and environmental responsibility.
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