Unilever Revises Sustainability Goals Amid Investor Pressure

Unilever CEO Hein Schumacher announces scaling back of environmental and social commitments, focusing on realistic targets.

Unilever has reduced its targets for using virgin plastics and paying living wages across its supply chain.
The company has also abandoned plans to increase workforce diversity and to cut food waste significantly by 2025.
Investors' push for higher profits cited as a major reason for the rollback of ambitious sustainability pledges.
Despite cutbacks, Unilever maintains some commitments like decarbonization targets and plans for sustainable sourcing of key crops.
The changes reflect a strategic shift from previous leadership's focus on corporate ethics and sustainability.