{"id":56605,"date":"2020-06-18T02:10:19","date_gmt":"2020-06-18T00:10:19","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=56605"},"modified":"2020-06-18T02:10:19","modified_gmt":"2020-06-18T00:10:19","slug":"unilever-to-invest-e1-bn-in-new-climate-nature-fund","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/unilever-to-invest-e1-bn-in-new-climate-nature-fund\/","title":{"rendered":"Unilever to invest \u20ac1 bn in new Climate & Nature Fund"},"content":{"rendered":"

Unilever<\/a> brands will collectively invest \u20ac1 billion in a new dedicated Climate & Nature Fund under the company\u2019s new set of actions that have been recently declared within the framework of commitment to the United Nations Sustainable Development Goals (SDGs)<\/a>.<\/p>\n

The company will use this fund over the coming ten years to implement initiatives that protect and improve the health of the planet. These could include projects that restore landscapes, reduce carbon emissions, or reforest and reinstate wildlife habitats.<\/p>\n

This will build on all the great work the company is already doing. For example, Ben & Jerry\u2019s reducing greenhouse gas emissions from dairy farms, Seventh Generation advocating for clean energy for all and Knorr supporting farmers to grow food more sustainably.<\/p>\n

\u201cOur collective responsibility in tackling the climate crisis is to drive an absolute reduction of greenhouse gas emissions, not simply focus on offsetting \u2013 and we have the scale and determination to make it happen,\u201d explains Marc Engel, Unilever Chief Supply Chain Officer. \u201cBut this is not enough. If we want to have a healthy planet long into the future, we must also look after nature: forests, soil biodiversity and water ecosystems.<\/p>\n

\u201cIn most parts of the world, the economic and social inclusion of farmers and smallholders in sustainable agricultural production is the single most important driver of change for halting deforestation, restoring forests and helping regenerate nature. In the end, they are the stewards of the land. We must, therefore, empower and work with a new generation of farmers and smallholders in order to make a step change in regenerating nature.\u201d<\/p>\n

The company will introduce a new Regenerative Agriculture Code for all its suppliers, which builds on its existing Sustainable Agriculture Code.<\/p>\n

Unilever will also implement water stewardship programs to 100 locations in water-stressed areas by 2030 and join the 2030 Water Resources Group partnership to scale water resilience programs.<\/p>\n

Under the new set of SDGs commitment, the company has declared its commitment to net zero emissions from all its products by 2039 \u2013 from the sourcing of the materials we use, up to the point of sale of its products.<\/p>\n

The company is challenging itself to even higher standards to protect high carbon ecosystems like forests, peatlands and tropical rainforests, and it will have a deforestation-free supply chain by 2023.<\/p>\n

The company has celebrated last month the implementation of its 10-year Sustainable Living Plan under which the company announced last year bold targets to keep plastic in the circular economy \u2013 where it is reused, recycled or composted \u2013 and stop it from ever finding its way into the environment.<\/p>\n

Unilever\u2019s new commitments are the next step. \u201cWhile the world is dealing with the devastating effects of the Covid-19 pandemic, and grappling with serious issues of inequality,\u201d says Unilever CEO Alan Jope, \u201cwe can\u2019t let ourselves forget that the climate crisis is still a threat to all of us. Climate change, nature degradation, biodiversity decline, water scarcity \u2013 all these issues are interconnected, and we must address them all simultaneously\u201d<\/p>\n

\u201cIn doing so, we must recognize that the climate crisis is not only an environmental emergency; it also has a terrible impact on lives and livelihoods. We, therefore, have a responsibility to help tackle the crisis: as a business, and through direct action by our brands.\u201d<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

Unilever brands will collectively invest \u20ac1 billion in a new dedicated Climate & Nature Fund under the company\u2019s new set of actions that have been recently declared within the framework of commitment to the United Nations Sustainable Development Goals (SDGs). The company will use this fund over the coming ten years to implement initiatives that […]<\/p>\n","protected":false},"author":410,"featured_media":56608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6261,984],"tags":[6325,6251,6984,8213],"yoast_head":"\nUnilever to invest \u20ac1 bn in new Climate & Nature Fund - Csr Egypt<\/title>\n<meta name=\"description\" content=\"Unilever brands will collectively invest \u20ac1 billion in a new dedicated Climate & Nature Fund under commitment to the United Nations SDGs).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/unilever-to-invest-e1-bn-in-new-climate-nature-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unilever to invest \u20ac1 bn in new Climate & Nature Fund - 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