Breakingviews: Do-gooder one-upmanship fuels hope [Reuters]
Unilever PLC (UL)
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Source: Reuters
Breakingviews - Do-gooder one-upmanship fuels optimism at Davos Davos, Switzerland (Reuters Breakingviews) - For once, society may tangibly benefit from the do-gooder optimism among global elites at Davos. Corporate chiefs are brimming with purpose. Enterprises ranging from Russian aluminium smelters to Dutch ice cream makers are high on stewardship and sustainability - themes of this year’s confab. But they’re also making pledges to which they can, and should, be held accountable. Fighting climate change has been a matter of urgent concern for years, of course, but executives at the World Economic Forum are adding actions where once words sufficed. Unilever said it’ll decrease environmentally unfriendly wrapping by 14% each year by 2025. Ahead of the confab, its Swiss rival Nestlé earmarked $2 billion to push the development of sustainable packaging. Every industry is getting in on the bandwagon. Global fashion leaders have set sustainable materials as a priority. H&M Chief Operating
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Sec Filings
- 11/8/24 - Form 6-K
- 11/5/24 - Form 6-K
- 10/24/24 - Form 6-K
- UL's page on the SEC website