Unilever Plc (LON: ULVR) has announced a "future foods" strategy and is targeting $1.2 billion in sales from meat and dairy alternatives in the next five to seven years.
- The consumer goods giant, while launching its ambition across the globe, said that it is targeting to halve food waste from direct worldwide operations, from the factory to shelf by 2025.
- The target is five years ahead of what the company has set as part of a voluntary coalition “Champions 12.3” formed to halve global food waste by 2030.
- The company is also aiming to double the number of products that deliver “positive nutrition” worldwide by 2025.
- On 17 November 2020, the stocks of the company declined by 0.70% from its previous closing, hovering at around GBX 4,533.00 at 09:23 AM GMT+1.