Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Unilever Announces Commitments to Reduce Plastic Waste, Will Halve Use of 'Virgin' Plastic by 2025

Unilever said by 2025, it will halve its use of 'virgin plastic', by reducing its absolute use of plastic packaging by more than 1,00,000 tonnes and accelerating the use of recycled plastic.

PTI

Updated:October 7, 2019, 1:52 PM IST
facebookTwitterskypewhatsapp
Unilever, Social Media Advertising, Digital Advertising, Fake News, Technology News
The logo of the Unilever group is seen at the Miko factory in Saint-Dizier, France. (Image: REUTERS/Philippe Wojazer/Files)

New Delhi: Anglo-Dutch FMCG giant Unilever on Monday announced new commitments to reduce plastic waste and said by 2025 it will eliminate more than 1,00,000 tonnes of plastic packaging besides collecting as well as processing more plastic packaging than it sells.

Unilever said by 2025, it will halve its use of 'virgin plastic', by reducing its absolute use of plastic packaging by more than 1,00,000 tonnes and accelerating the use of recycled plastic.

Virgin Plastic, is produced directly from the petrochemical feed-stock, like natural gas or crude oil, which has never been used or processed before.

The company further noted that it will also help in collecting and processing more plastic packaging than it sells. At present, Unilever's plastic packaging footprint is around 7,00,000 tonnes annually.

"This commitment makes Unilever the first major global consumer goods company to commit to an absolute plastics reduction across its portfolio," the company said in a statement.

Unilever said it is already on track to achieve its existing commitments to ensure all of its plastic packaging is reusable, recyclable or compostable by 2025, and to use at least 25 per cent recycled plastic in its packaging by 2025.

"We can only eliminate plastic waste by acting fast and taking radical action at all points in the plastic cycle. Our starting point has to be design, reducing the amount of plastic we use, and then making sure that what we do use increasingly comes from recycled sources. We are also committed to ensuring all our plastic packaging is reusable, recyclable or compostable," Unilever CEO Alan Jope said.

Unilever said its commitment will require the business to help collect and process around 6,00,000 tonnes of plastic annually by 2025. "This will be delivered through investment and partnerships which improve waste management infrastructure in many of the countries in which Unilever operates," it added.

Unilever's India arm, Hindustan Unilever Ltd's (HUL) brands include Lakme, Dove, Lifebuoy, Lipton, Surf Excel and Fair & Lovely.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 51.40 8.44
Reliance 1,416.35 1.42
Indiabulls Hsg 231.20 16.80
Zee Entertain 250.20 -5.39
Maruti Suzuki 7,302.30 2.50
Company Price Change %Gain
HDFC AMC 2,882.20 6.11
Yes Bank 51.40 8.44
Indiabulls Hsg 231.50 17.42
Reliance 1,415.30 1.37
IRCTC 779.20 7.57
Top Gainers
Company Price Change %Gain
Yes Bank 51.40 8.44
Coal India 205.95 3.28
Adani Ports 421.70 3.07
Grasim 746.50 3.03
Maruti Suzuki 7,302.30 2.50
Company Price Change %Gain
Yes Bank 51.40 8.44
Coal India 205.95 3.31
Maruti Suzuki 7,318.15 2.74
Power Grid Corp 202.55 2.45
NTPC 121.00 2.02
Top Losers
Company Price Change %Gain
Zee Entertain 250.20 -5.39
Tata Motors 136.85 -1.90
Eicher Motors 20,275.90 -1.05
Bajaj Auto 3,087.05 -0.79
Hindalco 187.40 -0.74
Company Price Change %Gain
Tata Motors 136.70 -1.05
Bajaj Auto 3,088.80 -0.69
Bharti Airtel 383.25 -0.65
ICICI Bank 437.75 -0.64
Axis Bank 709.20 -0.19

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results