Page 6 - Unilever

Unilever to eliminate fossil fuels from cleaning products by 2030

Unilever's total greenhouse gas footprint is about 100 million metric tonnes of carbon dioxide equivalents globally

BS READS: How Beardo shaped hair grooming biz into an investors' gold mine

Built on an initial investment of mere Rs three crore, Beardo sold at an estimated valuation of Rs 350-400 crore in a two-phased acquisition by Marico

Unilever to scrap headquarter move if Dutch 'exit tax' law enacted

Anglo-Dutch consumer goods company Unilever said in a filing on Monday that a plan to unify its headquarters in London and scrap its Dutch base might not go ahead

Nestle cuts 2020 growth forecast as consumers ate into stockpiles in Q2

Swiss giant lowers its expectations for organic growth this year to 2-3%, from 'more than 3.5%' previously

'Too many unknowns': Localised Covid-19 lockdowns make MNC CEOs anxious

Shutdowns are in place in at least 14 states in the country to tackle the spread of the coronavirus

Unilever to retain tea biz in India and Indonesia after portfolio review

The announcement is significant, as it brings to an end to months of speculation about the fate of the tea business in India, which is a growing segment for local unit Hindustan Unilever (HUL)

Unilever to retain tea business in India, Indonesia after portfolio review

In January, Unilever had announced a strategic review of the global tea business, which includes leading brands such as Lipton, Brooke Bond and PG Tips

'Strict lockdowns' in India, other key markets impact Unilever's biz growth

Unilever, which on Thursday announced results for the first half of 2020, reported a turnover of 25.7 billion euros for the January-June period

Disney cuts ad spending on FB amid growing boycott on hate speech: Report

Disney joins other companies like Starbucks Corp, Unilever Plc, Adidas AG and others that have pulled advertising from the tech giant

Responding to the consumer: When and how firms should react to criticism

Smart corporations don't just launch new products, they even tweak entrenched ones when need arises

'Purpose washing' in times of crisis

It is dangerous for brands to jump onto a new bandwagon every time there is a "purpose" on the horizon

Two senior Ola executives Arun Srinivas and Sanjiv Saddy step down

These exits follow that of Nitin Gupta, CEO of Ola Financial Services, who resigned in May.

Fair & Lovely: Can Hindustan Unilever go beyond a cosmetic change?

The Rs 2,000-crore brand, which enjoys a 40 per cent share of the fairness market, pegged at Rs 5,000 crore, will now have a new identity.

Unilever to invest 1 billion euros in climate change fund over 10 years

The fund will invest in projects including reforestation, water preservation and carbon sequestration over the next ten years

Covid-19 lockdown: Mondelez, other FMCG giants indicate dent in business

In an investor call, Dirk Van de Put, Mondelez's global chairman and CEO said the firm went "absolutely blank" in the first phase of the lockdown, which began on March 25

Top biz headlines: Stimulus package for industry, IBC breather and more

Here are the top 10 business headlines on Friday morning

Unilever likely put Lipton Tea on the block amid slowdown in demand

Unilever is following a consumer shift to coffee as a primary source of caffeine, with takeaway cafes proliferating from London to Beijing

Unilever cuts sales guidance as growth concerns in India market remain

"In the last month and a half, HUL's stock price has corrected from levels of about Rs 2,179 per share to Rs 1,964 now"

Learning from Nestle, Unilever might be better off out of food business

Unilever must take some of the blame for its own predicament. Its rival Nestle SA has managed steady sales growth, while pulling off some canny acquisitions and disposals

Unilever denies reports that it is looking to sell PG Tips and Lipton

"Contrary to reports, we are not exploring a sale of our tea business," a Unilever spokeswoman told Reuters