Unilever
More information available in H2-2024

Current Score (vs. LY)

20.0 pts (-)

Last Update: Nov. 21, 2023

Current Rankings

Global: #139

FTSE: #1

Consumer Staples: #17

33.3%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

25.0%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

0.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 565,987606,771659,028
Scope 2 - location-based 1,244,5041,264,3281,321,647
Scope 2 - market-based 144,752216,740443,896
Scope 1-2 - location-based 1,810,4911,871,0991,980,675
Scope 1-2 - market-based 710,739 823,511 1,102,924
Scope 3 61,445,73858,300,34456,779,684
Total - location-based 63,256,22960,171,44358,760,359
Total - market-based 61,717,870 58,833,391 57,552,359

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 44,762,40261,717,870
Methodology Pre-calculated sector intensity (revenue)As reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)


Emissions Trajectory not available



Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Unilever belongs to the sector Consumer Staples.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

There is no net zero target recorded in our database. Email us to report missing information Email


Science-based Targets (SBTI)

Date Published / Updated :01/04/2024

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by FY2030 No target Yes
Unilever is a member of the Business Ambition for 1.5 campaign (link here )

Energy & industrial: Unilever commits to reduce scope 1 and 2 GHG emissions 100% by
FY2030 from a FY2015 base year. Unilever also commits to reduce absolute scope 3 GHG
emissions from purchased goods and services, fuel and energy related activities, upstream
transport and distribution, use of sold products, end-of-life treatment of sold products, and
downstream leased assets 42% by FY2030 from a FY2021 base year.
FLAG: Unilever commits to reduce absolute scope 3 FLAG GHG emissions 30.3% by
FY2030 from a FY2021 base year. Unilever also commits to maintain no deforestation across its primary deforestation-linked commodities.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Unilever by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits Yes
Separate targets for emission reductions and removals No
Conditions on use of offset credits
  • Not include avoided emissions (e.g. via renewable energy projects)
  • Not include emissions reductions (e.g. via greater efficiency)
Plans for carbon dioxide removal (CDR) Yes (nature-based removals e.g. Forestation, soil carbon enhancement)

Additional notes: Carbon removals - either purchased or self-generated - will be used to balance residual emissions and reach net zero target. Unilever Climate and Nature Fund may produce carbon credits for brands but Unilever "will not seek to meet our emissions reduction targets through the practice of purchasing and retiring carbon credits, known as offsetting". This climate and nature fund will invest in projects which "positively address climate change and protect nature, for example, through forest protection and regeneration" https://www.unilever.com/Images/unilever-climate-transition-action-plan-19032021_tcm244-560179_en.pdf p11-13

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 0.0 10.0 -
2 Scope 3 emissions are fully reported and externally-verified 0.0 10.0 -
3 CDP score demonstrates the level of transparent disclosures 10.0 10.0 -
Transparency 10.0 30.0 -
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 0.0 10.0 -
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 -
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 -
7 Targets are science-based as validated by SBTi 10.0 10.0 -
Commitments 10.0 40.0 -
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
10 Implied Temperature Rating by MSCi 0.0 10.0 -
Results 0.0 30.0 -
Total 20.0 100.0 -


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? NC 0.0 / 5.0 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? NC 0.0 / 5.0 -
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A 10.0 / 10.0 -
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? NC 0.0 / 3.0 -
Does the net zero target include an intermediate target by 2030? NC 0.0 / 3.0 -
Does the net zero target include all the emissions? NC 0.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 -
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 -
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: None°C 0.0 / 10.0 -
Total 20.0 / 100.0 -


Available Data Sources

Reporting Year 2022 2021 2021 2020 2019
Source Wikirate (NV) NZPDU Yourstake NZPDU NZPDU
Publication Year unknown 2022 2022 2021 2020
Scope 1 NA 565,987 565,988 606,771 659,028
Scope 2 - location-based 117,773 1,244,504 NA 1,264,328 1,321,647
Scope 2 - market-based NA 144,752 144,752 216,740 443,896
Scope 1-2 - location-based 117,773 1,810,491 565,988 1,871,099 1,980,675
Scope 1-2 - market-based NA 710,739 710,740 823,511 1,102,924
Scope 3 0 61,445,738 61,007,131 58,300,344 56,779,684
Total - location-based 117,773 63,256,229 61,573,119 60,171,443 58,760,359
Total - market-based NA 61,717,870 61,717,871 58,833,391 57,552,359

Sources

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

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