Tag: Unilever

Unilever and Geno launch $120m venture to scale alternative ingredients

Stuart Mitchell

Unilever and Genomatica (Geno), a leader in biotech and sustainability, have launched a venture to scale and commercialise alternatives to palm oil and fossil fuel-derived cleansing ingredients. These are integral to the formulations of thousands of everyday cleaning and personal care products. With growing demand for sustainably-sourced palm oil, this venture aims to deliver additional responsibly sourced palm oil alternatives to the market. With $120m jointly invested in the newly-formed initiative, and with other strategic investors expected to join, the venture will develop an alternative, plant-based ingredient using biotechnology. The…

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Regenerative agriculture transition to be accelerated through new impact fund

Stuart Mitchell

Worldwide insurance and asset management company AXA, global consumer goods company Unilever, and global alternative asset management group Tikehau Capital, have announced they have signed a Memorandum of Understanding outlining their ambition to create an impact fund dedicated to accelerating and scaling the regenerative agriculture transition. Together, agriculture, land use, and deforestation represent the second-largest source of greenhouse gases emissions globally and the primary driver of biodiversity loss. Regenerative agriculture practices can reverse this trend and play a crucial role in addressing climate change and environmental challenges. Healthy soils can…

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Unilever ‘warms up’ ice cream freezers to help tackle emissions

Stuart Mitchell

Unilever is launching two pilots to trial warmer ice cream freezer cabinets with an aim of reducing energy use and greenhouse gas emissions by approx. 20 – 30% per freezer, whilst ensuring the same ice cream quality and consumer experience. The two pilots, kicking off recently in Germany with a second pilot to follow in Indonesia next year, are the first step in exploring and understanding the product performance of our ice cream and the energy consumption of freezers at warmer -12°C temperatures, in real life conditions. With a current…

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Unilever announces new global principles for food marketing to children

Stuart Mitchell

Unilever will stop marketing food and beverages to children under the age of 16 years old, across both traditional media and social media. Currently, in most countries in the world, the food and beverage industry restricts marketing to children under 13 years old. Unilever’s enhanced principles, which are industry-leading, include: Not targeting children under 16 years old with any marketing or social media communications. Not collecting or storing data on children under 16. Not using influencers, celebrities or social media stars who are under the age of 16 or primarily…

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SAP and Unilever Pilot Blockchain Technology to Support Deforestation-Free Palm Oil

Stuart Mitchell

SAP SE and Unilever have announced a pilot of the GreenToken by SAP solution to further increase traceability and transparency in Unilever’s global palm oil supply chain. Raw materials like palm oil are often mixed with physically identical raw materials from verified sustainable and nonverified sources after the “first mile” of the supply chain, causing the origin information to be either hidden or lost. In a successful proof of concept in Indonesia, Unilever applied GreenToken to source more than 188,000 tons of oil palm fruit. The solution enabled Golden Agri-Resources…

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