Unilever pledges to invest €1bn in eliminating fossil fuels from cleaning products by 2030

Cecilia Keating
clock
Fossil fuel derived chemicals are responsible for a large portion of Unilever's carbon footprint
Image:

Fossil fuel derived chemicals are responsible for a large portion of Unilever's carbon footprint

Consumer goods giant outlines plans to spend €1bn on ramping up carbon capture and utilisation technologies that will curb its cleaning and laundry product line's reliance on fossil fuel derived chemicals

Unilever has announced it is to invest €1bn in measures that could allow it to eliminate fossil fuels from its cleaning and laundry products by the end of the decade, an intervention it claims is critical...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Receive full access to businessgreen.com, indispensable information for business professionals

Choose from our 3 paid membership levels

Join now

 

Already a BusinessGreen
member?

Login

More on CCS

Timberland Investment Group plans to restore and protect half of its acquired land in Latin America, and build sustainable tree farms on the other half

Timberland Investment Group plots $1bn reforestation investment in Latin America

The investment group has partnered with Conservation International to deliver the scheme

clock 27 October 2021 • 2 min read
Credit: iStock

CDP: Tiny fraction of $27tr global investment funds aligned with Paris Agreement

Non-profit decries 'catastrophic' investment data which shows less than one per cent of global fund assets are currently in line with below 2C of warming

Pedro Gonçalves
clock 27 October 2021 • 2 min read
One in three companies now has a net zero target in place | Credit: iStock

Net Zero Tracker: Companies 'leading' governments on drive to strengthen climate targets

Major assessment of net zero targets of leading firms and countries reveals robust net zero pledges cover 10 per cent of global GDP

Cecilia Keating
clock 27 October 2021 • 3 min read