Beenary a buzz about basic alternatives. Besides, there are way more than 10 options!
Posted on 07/05/2023 6:35:51 AM PDT by george76
Unilever is a £100 billion company, one of the biggest beasts on the London stock market ...
But have its bosses gone off their trolley in their mania for 'woke' values?
Terry Smith, a leading fund manager and long-term shareholder in Unilever, thinks so. He used his annual letter to his own investors as the forum for an extraordinary broadside at the company's top executives, accusing them of having 'lost the plot'.
...
Critics have been uneasy for several years about Unilever's politically correct antics. At times, its posturing would have seemed more at home in an undergraduate common room than one of Britain's premier boardrooms.
...
ESG – environmental, social and governance – principles have become de rigueur .. and everyone is expected to conform to the new orthodoxy.
Smith didn't get the memo and gave Unilever both barrels for its 'ludicrous' preoccupation with sustainability, inclusive beauty that recognises a range of body types as alluring, and other modish issues.
He launched his missile after a number of investors in his £29billion Fundsmith Equity fund contacted him to ask why he still holds shares in the consumer goods giant.
He accused Unilever of being obsessed with virtue-signalling 'at the expense of focusing on the fundamentals of the business.'
It's a variant on the theme of 'go woke, go broke'. Although Unilever is nowhere near going under, Smith, 68, is concerned its posturing comes at too high a price.
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He pointed to a public row over the refusal by Ben & Jerry's, one of Unilever's brands, to sell its ice cream in the 'Occupied Palestinian Territory' as one instance of bonkers woke behaviour.
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The hipster US ice cream brand in 2020 meddled in British politics on Twitter, attacking Home Secretary Priti Patel over migrant boats crossing the Channel.
(Excerpt) Read more at thisismoney.co.uk ...
Here's a link to the List of Unilever brands.
There are several products on that list that I will stop buying.
WTF is non-binary soap???
I used Lever 2000 for years. I looked at the package one day and noticed the complete absence of the word “soap”. Out of curiosity I called their customer service number and asked about the word omission. The dance by the phone minion was borderline hilarious. I am not entirely sure she understood my question. Call them. Ask them what that product is. Their ambiguity is telling. I have gone back to Ivory soap and my skin is much happier.
Anybody got a list of anti-American Unilever products? I know they make a lot of money here in evil America. Maybe we need to help them control their greed a little.
Beenary a buzz about basic alternatives. Besides, there are way more than 10 options!
Nearly every Fortune 500 company is fully on board with ESG. This type of crap is not good for consumers. It increases the price of products and forces consumers to pay to support Marxism. The world’s largest corporations are filled with fools. You would think that executives would have an inkling of an idea where ESG will lead...state control of their businesses.
My lifetime of work in the corporate world has lead me to led me to believe that the Peter Principle should be called the Peter Law.
Unilever.
Sounds like a euphemism for a one-armed bandit.
Beat me to it. I looked at my soap & could only tell that it was...well, soap.
I don’t know nothin’ about no non-binary soap, but Uni is trading down 10% in the last year, and missed standards of growth. Other companies are growing just fine.
What are humanitarian stock cubes? I have some beef bullion cubes but that’s it. This sounds like Soylent Green Cubes.
See post 2
Thanks. Only a few things there I have to stop buying.
i only buy store brand/local/generic whenever possible
the national name brands fund the LEFTY legacy media
ie they are all woke or fund woke
my guess is that the store brands are probably manufactured by those same lefty companies.
It is the Peter Principle & then there is Murphys Law.
Nice soft little sage-green cubicles for livestock, with pretty nature scenes and gentle Phil Collins music piped in, and a secretary to type notes to their relatives, while they move gently down the conveyor belt to the rotating knives…
Personally I won’t be buying any Unilever products; if it isn’t Binalever, I don’t need it.
Looks like I’ll have to switch laundry detergents.
Thanks for the list. The mega companies keep getting bigger.
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