Unilever boss: Climate change cost company €200m last year

(Illustration via ICJ Project)

richardhall:

Unilever has revealed plans to better promote its green projects to investors, after chief executive Paul Polman claimed that climate change impacts were already costing the company €200m a year.

Speaking at an event in London today, Polman revealed he was hoping the company’s annual report next year will combine information on the organisation’s financial, non-financial and sustainability performance.

Somehow, I don’t see Unilever as a bastion of environmentalism. But it seems to have understood the reality of climate change.