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The Australian Climate Leaders Coalition, backed by major companies like Microsoft, Nestlé, and Unilever, is advocating for a transition to a circular economy to reduce greenhouse gas emissions and boost GDP by AU$210bn by 2048. A report highlights the need for CEOs to embrace circularity beyond recycling, emphasizing integration into business strategies and collective action. Key capabilities for success include stakeholder management, enabling technologies, and behavioral engagement.
Many investors view green investment funds as misleading due to the lack of a clear definition of sustainability, which varies widely among fund companies. The recent EU criteria for "sustainable" products do little to clarify this ambiguity, while the performance of these funds often lags behind traditional investments. Additionally, the debate over including sectors like nuclear power and arms manufacturing in sustainable portfolios reflects differing opinions on what constitutes sustainability, further complicating the landscape for investors.
2024 has been a tumultuous year for the food and drink sector, marked by significant changes such as Nestlé's leadership transition and Unilever's decision to separate its ice cream business. The European Deforestation Regulation faced delays amid industry panic, while ultra-processed foods drew increased scrutiny. Meanwhile, the rise of GLP-1 drugs promises to reshape consumer eating habits, and the plant-based market shows signs of recovery after a downturn.
PKZ, under CEO Manuela Beer, has transformed into a modern lifestyle provider, achieving over 30% sales growth since 2014. The company focuses on high-quality, professional clothing, particularly for the financial sector, while expanding its B2B business through exclusive styling workshops and corporate fashion solutions. With a strategic emphasis on customer experience and sustainability, PKZ aims to enhance its unique position in the competitive fashion market.
Danish brewer Carlsberg is selling its Russian unit, Baltika Breweries, to local firm VG Invest for $322 million, following the lifting of state control by President Putin. The deal, which includes cash and shareholdings in Carlsberg Azerbaijan and Kazakhstan, comes after Carlsberg accused the Russian government of "stealing" its business. Carlsberg's CEO stated this outcome is the best possible given the circumstances, while analysts noted that companies that exited the Russian market early fared better.
UBS has maintained its "Sell" rating for Unilever, setting a target price of 4000 pence, following a capital market day for Hindustan Unilever. The company aims to double its operations in India, highlighting the country's significance as its second most important market after the US, according to analyst Guillaume Delmas.
Unilever PLC, a leading global supplier of beauty, personal care, home care, and food products, operates in over 190 countries and reaches 3.4 billion consumers daily. With a portfolio of more than 400 brands, the company emphasizes sustainability through its Corporate Sustainability Plan, aiming for 100% of its plastic packaging to be reusable, recyclable, or compostable by 2025. Since 2010, Unilever has made strides in improving health, reducing its environmental footprint, and enhancing livelihoods worldwide.
UBS has maintained a 'Sell' rating for Unilever, setting a target price of 4000 pence, following a capital market day for Hindustan Unilever. The company aims to double its operations in India, its second-largest market after the US, highlighting its strategic focus on the region. Unilever, a major player in consumer goods with over 400 brands, continues to advance its Sustainable Living Plan, targeting 100% reusable, recyclable, or compostable plastic packaging by 2025.
Galaxy Surfactants, a leading oleochemical company, primarily serves the personal and home care sectors, with over 50% of its sales coming from multinational clients like P&G, Unilever, and Colgate. While domestic demand is sluggish, international operations are performing better, positioning the company as a defensive play in the chemicals sector amid a shift towards oleochemicals over crude oil-based ingredients.
Hindustan Unilever (HUL) is set to demerge its ice creams business, a move that aligns with Unilever's global strategy to separate this segment. Shareholders will receive shares in the new ice creams company, marking a favorable decision for minority investors. Further details are anticipated that may refine this outlook.
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