The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange in on February 17 2017. REUTERS/BRENDAN MCDERMID
Shareholders will vote at the company’s annual general meeting on May 5 on measures including plans to cut emissions from its operations to net zero by 2030 and to halve the environmental effect of its products. “Unilever believes that the economywide shift to net-zero emissions will require a greater and deeper level of engagement between companies and their investors about their climate transition plans,” said the company, which is worth $120bn.
Unilever, which makes Dove soap, Hellmann’s mayonnaise and Lipton tea, is also aiming to cut emissions from the sourcing of products through to the point of sale to net zero by 2039 — 11 years ahead of the Paris Agreement deadline.