Introduction to Unilever

Overview

Unilever is a British-Dutch multinational consumer goods company founded in 1929. It is one of the world's largest consumer goods company, producing household products, food, and personal care items. The company operates in over 190 countries and has its headquarters in London, UK, and Rotterdam, Netherlands. As of 2021, Unilever employs over 155,000 people worldwide.

Business segments

Unilever's business is divided into three primary segments: Foods & Refreshment, Beauty & Personal Care and Home Care. Foods and Refreshment is the largest segment and contributes around 40% of the company's revenue. It produces a range of food products such as savory items, ice creams, and tea. Beauty and Personal Care is the second-largest segment, accounting for around 35% of Unilever's total revenue. It produces personal care products like deodorants, skincare, and haircare. Home Care is the smallest segment, contributing around 25% of the revenue, and produces household cleaning products.

Sustainability

Sustainability is a key aspect of Unilever's business philosophy. The company has set ambitious goals for 2025 which include halving its greenhouse gas emissions, achieving 100% sustainable sourcing of its raw materials, and improving the livelihoods of millions of people. Unilever has also made significant progress in reducing its environmental footprint; it has cut its waste in half and is on track towards its goal of 100% recyclable packaging. In 2020, the company was ranked as the number one corporate sustainability leader in the world by GlobeScan and SustainAbility. In conclusion, Unilever is a leading consumer goods company that has a strong focus on sustainability. Its business is divided into three segments with Foods and Refreshment being the largest. Unilever has set ambitious sustainability goals that it aims to achieve by 2025, and it has made significant progress towards these targets.