Unilever has announced it is on track to meet most of the 50 plus targets of its ambitious Sustainable Living Plan, with its ‘Sustainable Living Brands’ driving sales and adding value for the business.
The company has revealed 18 sustainable living brands, including Dove, Lynx, Surf, Domestos, Continental and Ben & Jerry’s, delivered over 60 percent of the company’s total growth, up from 46 percent last year, and grew more than 50 percent faster than the rest of the business in 2016.
“We have made great progress. Our results show that sustainability is good for business, with increasing evidence that our ‘Sustainable Living Brands’ do better,” said Unilever New Zealand managing director Nick Bangs.
“There is no doubt that the Unilever Sustainable Living Plan is making us more competitive, helping us to grow our brands and become more innovative. At the same time, we are strengthening our supply chain to reduce our risks, lower our costs, and build trust in our business. It is helping Unilever to serve society and our many consumers, and in doing so, create value for our shareholders.”