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Unilever lines up $2 billion to go low-carbon

Tuesday 16 Jun 20 12:00pm

Early days ... Unilever plant in Jackson Street, Petone


CLIMATE Leaders’ Coalition member Unilever says it will spend nearly $2 billion globally over the next decade on low-carbon projects ranging from regenerative agriculture to carbon sequestration.

The new €1 billion ($NZ1.76 billion) Climate and Nature Fund comes as the company promises to make its products carbon-neutral by 2039 – more than a decade sooner than New Zealand’s national target.

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