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22nd January 2021
Consumer goods giant Unilever has pledged to spend €2bn each year by 2025 with suppliers owned and managed by people ‘from under-represented groups’.
The firm announced the target yesterday as part of its efforts to tackle social inequality, which it described as one of the “world’s biggest threats”. Unilever had a turnover of €52bn in 2019 and has more than 400 brands, including Ben and Jerry’s ice-cream and Dove beauty products. Its total supply chain spend in 2019 was €33.7bn.
Suppliers targeted in the new strategy include small and medium-sized businesses owned and managed by women, under-represented racial and ethnic groups, people with disabilities and LGBTQI+ people.  ....

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