Money 'Tipping point': Unilever to run Australian plants on 100% green power

06:00  07 june  2018
06:00  07 june  2018 Source:   brisbanetimes.com.au

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Consumer goods giant Unilever says it will run its Australian manufacturing plants entirely on clean energy within two years, with the country having passed a " tipping point " where going green is no longer a financial disadvantage.

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Unilever Australian and NZ CEO Clive Stiff.© Christopher Pearce Unilever Australian and NZ CEO Clive Stiff.

Consumer goods giant Unilever says it will run its Australian manufacturing plants entirely on clean energy within two years, with the country having passed a "tipping point" where going green is no longer a financial disadvantage.

The $US163 billion ($212 billion) Anglo-Dutch behemoth's Australian and New Zealand chief executive Clive Stiff said government policy uncertainty had made the jump to renewables too risky, but that the tide had turned as energy companies started closing coal-powered plants and moving into renewables.

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Consumer goods giant Unilever says it will run its Australian manufacturing plants entirely on clean energy within two years, with the country having passed a " tipping point " where going green is no longer a financial disadvantage.

Consumer goods giant Unilever says it will run its Australian manufacturing plants entirely on clean energy within two years, with the country having passed a " tipping point " where going green is no longer a financial disadvantage.

"As we now have a little bit more clarity of where we’re going with the National Energy Guarantee, then it allows us to make some longer-term commitments," Mr Stiff told Fairfax Media.

Unilever, which owns brands such as Dove, Lynx, Continental, Lipton and Streets ice cream and employs 1300 people in Australia and New Zealand, already has 109 of its manufacturing plants around the world running on clean energy.

Mr Stiff said that gave him confidence of moving the company's four Australian plants - two in Sydney, one in Tatura, Victoria; and one in Toowoomba, Queensland - running on 100 per cent renewables by 2020, with the cost of multi-year power agreements dropping considerably as new power technology came online.

"We need to decouple our environmental footprint without negatively impacting our growth potential... [because] you could put yourself in a position where you’re paying considerably more for you’re energy than other players," he said.

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The consumer goods giant says it will run its local manufacturing entirely on clean energy within two years.

Unilever will operate all its Australian manufacturing facilities on green energy by 2020, according to a report published by The Sydney Morning Herald. The manufacturer of Dove and Lynx runs four plants across Australia .

"I think we’re now past that tipping point in Australia where it becomes a very reasonable proposition to invest in renewable energy without carrying an undue risk to financial competitiveness.”

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The consumer goods giant says it will run its local manufacturing entirely on clean energy within two years. Unilever 's most recent acquisition was Betty Ice cream for c an undisclosed amount on Jan 2018. Unilever has 40,200 followers on Owler.

' Tipping point ': Unilever to run Australian plants on 100 % green power squib. by The Sydney Morning Herald 7 days ago. The consumer goods giant says it will run its local manufacturing entirely on clean energy within two years.

Fellow consumer goods giant, the confectionery maker Mars, said last week it would shift its local operations entirely ro renewable energy in just over a year, signing a 20-year power purchase deal with two solar farms.

Unilever on Thursday will update the public on its global "sustainable living plan", which in Australia includes moving to renewable energy, becoming "carbon positive" and pumping clean energy into the grid by 2030, and making all of its packaging recyclable by 2025.

Underling consumer demand for "ethical" and environmentally friendly products, Unilever will reveal that its "sustainable living" brands grew 46 per cent faster globally than the rest of its business in the past year.

The company includes brands under the "sustainable living" umbrella if it has a lower environmental impact, but also if the brand engages in socially positive action - such as Dove's women's "self-esteem" project.

Mr Stiff said this was "the only business model that made sense in the long term",  with considerable demand for brands that offered a "higher purpose".

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Unilever will operate all its Australian manufacturing facilities on green energy by 2020, according to a report “I think we’re now past that tipping point in Australia where it becomes a very reasonable proposition to invest in The manufacturer of Dove and Lynx runs four plants across Australia .

' Tipping point ': Unilever to run Australian plants on 100 % green power . The consumer goods giant says it will run its local manufacturing entirely on clean energy within two years. smh.com.au.

That was especially the case from Generation Z, or the generation born after the mid-1990s, who showed even greater interest and would continue to do so as they got older, he said.

Unilever Australia had its own run-in with conscientious consumer action late last year, when the union representing workers at its Streets ice cream factory in Sydney's south-west called for a public boycott of its products, including Paddle Pop, Golden Gaytime and Magnum, after the company tried to move them onto a lower-paying wage agreement.

Mr Stiff said he was disappointed with the union's action, but that an agreement was reached and the boycott called off before it damaged sales.

Unilever’s global chief executive Paul Polman has been presenting the company as world leader in corporate responsibility that put people and the environment ahead of short-term profits.

But even he has admitted that the hostile takeover attempt by Kraft Heinz forced it to take short-term steps - such as cost cutting and buybacks - to keep shareholders onside.

Mr Stiff said the multinational company would release its first report under the Australia Tax Office's voluntary tax transparency code later this year.

Human Activity Has Been Chemically Changing The Earth Since Well Before The Industrial Revolution .
It's no secret that modern humans, with our fuel-burning cars, massive ranching and agriculture practices, and penchant for disposable goods, have had a huge impact on nearly every environment across the globe. "This is a new lens on one of the most profound shifts in human history: When humans go from being part of nature to being drivers of environmental processes," said Eric Guiry, the lead author of the new study and a PhD candidate of anthrozoology at the University of British Columbia.

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