Advertise with fastmoving.co.za
 
 

Unilever's former chief moves on with plan to fix the world
Unilever's former chief moves on with plan to fix the world

Unilever's former chief moves on with plan to fix the world

RETAILER NEWS

By Marthe Fourcade, Bloomberg - Jul 5th, 09:26

Paul Polman, the Dutchman who ran Unilever for almost a decade with a social slant, will push further in that direction now that he’s leaving - creating a group to help combat poverty and climate change. 

The foundation and corporation, called Imagine, will work with companies to press for meeting global goals for sustainable development. The 62-year-old executive will invest an unspecified amount of his own funds.

“The imperative to eradicate poverty and inequality and stem runaway climate change has never been more acute,” Polman wrote in an email to former colleagues and business contacts detailing his new project. What’s more, “we still miss the collective sense of urgency to move at scale and speed.”

Polman ended a nearly decade-long tenure at the consumer-goods group during which he crisscrossed the world to meet with heads of state and form alliances with non-profit groups to promote capitalism with a feel-good twist. He directed Unilever to install toilets in Africa through its Domestos brand and encouraged Asian schoolchildren to wash their hands - using the company’s Lifebuoy soap - to reduce disease spread.

“Even a company like Unilever can only do so much,” he wrote. “We have a fight against the clock here.”

Polman said he regards the private sector as the “main engine for change.” Valerie Keller and Jeff Seabright, Unilever’s chief sustainability officer, are co-founders of Imagine.Fin24 

Read more about: unilever | retail | companies | business

Related News

Checkers brings world-class retail to Constantia with new flagship store
27/11/2019 - 13:01
Checkers has opened the doors to its state-of-the-art 2 330 m² flagship supermarket at the Constantia Emporium as the retailer continues to take innovation to new heights.

Woolworths carves out market share in SA
27/11/2019 - 10:11
In Australia, David Jones's sales declined 2.1%, with the company saying a store refurbishment contributed to the decline.

Push and pull strategies work together to keep consumers coming back for more
26/11/2019 - 10:20
The retail sector is under increasing pressure as consumers have shrinking disposable income in a strained economy. Maintaining share of wallet is critical. Relying solely on a push route to market strategy from manufacturers into retailers is not enough to get consumers buying products. A pull strategy needs to coexist with the push to drive brand consumption. Integrating these strategies requires intelligent and insightful decision-making. This, in turn, requires data generated through smart technology which provides line of sight across the value chain from manufacturer to distribution, retailer to the consumer.

Exclusive leases must fall: Commission cracks whip on Shoprite, Pick n pay, Spar, Woolies
26/11/2019 - 09:57
The Competition Commission Inquiry into Grocery Retail, published on Monday, called for an end to the exclusive leases negotiated by national retail chains in all shopping malls across the country in a bid to open up access to markets for smaller players.

Today’s customers are loyal to speed and convenience, not brands
25/11/2019 - 11:15
Consumer expectations are rapidly shifting as technologies such as mobile, geolocation, social media and increasingly, Internet of Things devices and wearables, connect people to a world of easily accessible information and convenient services. With the ability to browse, compare and order with a few swipes and taps, consumers are becoming trained to value convenience and service above nearly anything else.