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Corporate America Is Going Un-Woke: Reversing DEI, Sustainability Plan - Business Insider

Unilever spent years crafting its image as a corporate goody-two-shoes. The owner of Dove, Vaseline, Hellmann's, and a bunch of other brands axed quarterly reporting and earnings guidance in the name of focusing on sustainable long-term growth. Under Paul Polman, its CEO from 2009 to 2019, it said it would take into consideration all its stakeholders, not just shareholders, and set out to halve its environmental footprint — including greenhouse-gas emissions, waste, and water use — while doubling its sales over a decade. Five years and two chief executives later, Unilever is changing its tune. It's not doing a U-turn on environmental, social, and governance efforts, but it says it's being more realistic about what it can ...

Business Insider     May 09, 2024