Unilever to transfer 1 billion Euros to Climate and Nature Fund

23 July 20202 min reading

Unilever has decided to take new steps to combat climate change, preserve and revive nature, and protect resources for future generations.

Unilever has announced a series of new measures and commitments to make our planet healthier, protect and revive nature, and protect resources for future generations by taking even more determined steps to combat climate change. Accordingly, the company has promised to completely cancel out emissions caused by all its products by 2039. Moreover, the company will also work with new generation farmers and small landowners and help them get stronger and will conduct programs to protect forests, soil and biodiversity and restore the damaged ones.

[caption id="attachment_3651" align="alignright" width="124"] Alan Jope[/caption]

To accelerate these steps, Unilever brands will come together and transfer 1 billion Euros to the new Climate and Nature Fund created for these purposes. This investment will be used to take meaningful and decisive steps and to implement projects likely to cover issues such as afforestation, carbon capture, protecting wildlife and water within the next ten years. Regarding this development, Alan Jope, Unilever’s chief executive, said, “We cannot forget the fact that climate change continues to threaten all of us, while the entire whole world is struggling with the devastating effects of the Covid-19 pandemic on the one hand and struggling with serious inequalities on the other hand. We are shouldering responsibility to help combat this crisis.”

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