Unilever Foundation Agreement

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Unilever Foundation Agreement

Unilever and Veolia recognize that the issue of plastic waste is a shared responsibility that requires courageous measures throughout the value chain to develop and develop collection and reprocessing infrastructure, which is essential for the transition to a circular economy. The work will focus on collecting materials that will help channel recycled content into the value chain. Veolia will work with Unilever to implement solutions for the collection of used packaging, create recycling capabilities and develop new processes and business models in different countries through this partnership. Unilever and Veolia announced today that they have signed a cooperation agreement to work together on new technologies that will help create a circular economy for plastics in different regions, starting with India and Indonesia. According to the Ellen MacArthur Foundation, only 14% of plastic packaging used worldwide is collected by recycling method, 40% being landfilled and a third in fragile ecosystems. This result is achieved by specific provisions of the statutes of each company and Unilever PLC, as well as by a series of agreements between the company and Unilever PLC (para. B, the compensation agreement, the mutual agreement agreement and the mutual credit commitment agreement), the so-called foundation agreements. “Framework agreements” are an effective and effective way for King`s to cooperate in partnership with outside organizations, and there are a number of other similar agreements currently under discussion in addition to existing agreements. These types of agreements allow King to maintain long-term relationships with our strategic partners while generating some of the operational barriers to cooperation on individual projects. The Wood Africa Foundation is a Scottish-registered organization that focuses on improving the livelihoods of African farmers through venture philanthropy. For more information, visit www.thewoodfoundation.org.uk/africa/ The Rwandan government, Unilever Tea Rwanda and the Wood Foundation Africa (TWFA) have signed an agreement for a second phase of the Nyaruguru tea project, which will include an additional 3,000 hectares of watershed and tea plant.

For more information about Unilever and its brands, see www.unilever.com. For more information on the USLP: www.unilever.com/sustainable-living/ Unilever is one of the world`s leading beauty and staff care companies, Home Care, and Food and Refreshment products, with sales in more than 190 countries, and is also the world`s largest tea store with leading brands like Lipton Yellow Label, PG Tips, Brooke Bond Red Label and many others. For more information, visit www.unilever.com King`s News Centre – latest news from King`s College London.

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