Energy

Unilever plans for $1 billion investment in climate and nature fund

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Matthew Horwood | Getty Images News | Getty Images

Unilever announced Monday that its brands will pump one billion euros ($1.13 billion) into a climate and nature fund, and pledged net-zero emissions across its entire product range by the year 2039.

The consumer goods powerhouse, which owns brands including Marmite, Ben & Jerry’s and Lipton, said the investment will be spent over the next ten years on projects including water preservation, landscape restoration, wildlife protection and carbon sequestration.

“While the world is dealing with the devastating effects of the Covid-19 pandemic, and grappling with serious issues of inequality, we can’t let ourselves forget that the climate crisis…



Source cnbc.com

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