Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Unilever PLC    ULVR   GB00B10RZP78

UNILEVER PLC

(ULVR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Unilever N : How putting down roots helps protect the planet

12/04/2020 | 09:41am EST

A complex ecosystem lives in the soil beneath your feet. There's much more to it than mud. In fact, the earth we walk upon is crucial to the resilience of our food systems and the health of our environment. And we need to take much better care of it.

Here Giulia Stellari, Unilever's Sustainable Sourcing Director, explains why - and how - Unilever is taking action to protect soil.

What's at risk if we don't look after soil?

It's no exaggeration to say soil is essential to life on Earth. It's the medium through which plants and the people and animals who eat them receive their nutrition. It helps to regulate the planet's water cycles, holding and releasing water throughout the year. And it's the habitat for many animals from prairie dogs to worms, as well as fungi and bacteria.

Soil is alive and wonderfully complex. If we don't look after soil, we put the balance of all the agroecosystems which rely on it at risk.

What role does this biodiversity play in keeping soil healthy?

Soil comprises mainly living organisms or the remains of dead organisms. If fact, there are more micro-organisms in a teaspoon of soil than there are human beings on the planet. These are principally the myriad of bacteria, fungi and other single-cell organisms that make up the bulk of soil. This is a good thing because these organisms help to release nutrients from the soil so that they can travel into the plants and nourish them.

Soil biodiversity is still poorly understood. We know that the amount of biodiversity in the soil is an important factor in soil health, but scientists are still working on how this interacts with the plants that grow in the soil, and how we translate that into overall soil health.

What contributes to soil erosion and damage?

We have to remember that soil itself is partly the product of erosion - the slow weathering of large rocks to form silt and sand which make up the inorganic part of soils. So not all erosion is bad. The bad kind of erosion comes from practices that change the quality of the soil or the amount of soil that is present.

The worst forms of erosion happen when areas of forest are cleared on hillsides or mountain slopes. When the soil is no longer held together by the roots of trees and bushes, rainy weather can cause massive mud slides, resulting in devastating damage and the loss of huge amounts of topsoil.

Soil is also vulnerable to erosion in the winter when plant roots are not available to hold it in place and harsh weather can wash away the top layers. Over the years this can decrease the amount of soil that is present on a farm. Without deep rich soils, plants are not as resilient, needing more water and more fertiliser to grow.

Attempting to prepare soil too soon in the season, or running heavy machinery or equipment on soil when it is too wet, can cause irreparable damage too. Air is pushed out of the soil and the soil becomes dense. This compaction makes it difficult for plants to grow because their roots are unable to penetrate the soil or easily get the oxygen they need to grow.

How is Unilever supporting farmers to use practices that protect soil?

All agricultural suppliers work to the rigorous standards set out in our Sustainable Agricultural Code (PDF | 8MB). We are now also working with suppliers to apply regenerative agricultural practices, which farmers can adopt to leave a positive impact on soil health.

One of our largest programmes focusing on soil health is in the soy supply chain for Hellmann's in Iowa. We've been working closely with soy farmers and soy oil suppliers to introduce the use of cover crops as a way of protecting the soil to prevent erosion.

A combination of droughts and heavy rainfall over several years has seen Iowa's nutrient-rich soils degrade and decline. The soils are washed off, and the nutrient-rich run-off flows into the Gulf of Mexico via the Mississippi River. This is bad news for Iowa farmers and for the environment and downstream communities affected by this issue.

Planting cover crops between harvests, rather than leaving the earth bare, can help prevent erosion and the loss of nutrients by keeping roots in the ground all year.

How are you scaling this up?

Each year we have recruited more and more farmers into this programme via on-the-ground engagement through our partner, Practical Farmers of Iowa.

We're working with the local farming community and our network of suppliers to share the programme with farmers, using peer learning as a way to build confidence in trying cover crops. This includes learning events and field days - all designed to connect local farmers so they can share knowledge to build healthy soils.

For those who are new to the practice, we have a special programme that further mitigates the risk of testing cover crops for the first time. This approach has proved very successful for recruiting new farmers and is expected to play a key role in scaling up the programme. Our goal is to ensure every acre of land used to grow soy for the production of our Hellmann's mayonnaise is covered, and the soil protected.

What are some of the actions we can all take to make a more positive impact on soil health?

Choosing to eat a more diverse diet is a great step. If we start eating a wide range of different grains such as spelt, quinoa or buckwheat, or vegetables such as cabbage, kale and spinach, we can influence farmers to increase the variety of crops they choose to grow.

Not only does that make our food systems more resilient, it's also better for the soil and the billions of micro-organisms that live within it too.

Explore more on these topics:

Disclaimer

Unilever NV published this content on 04 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 December 2020 14:40:02 UTC


© Publicnow 2020
All news about UNILEVER PLC
05:33aUK's DS Smith gains from orders packed and shipped in online boom
RE
04:55aEMMANUEL FABER : Danone needs new independent chairman instead of Faber, says in..
RE
04:54aDanone needs new independent chairman instead of Faber, says investor Artisan
RE
03/02Danone activist investor says Faber should quit as chairman
RE
03/02EMMANUEL FABER : Danone activist investor says Faber should quit as chairman
RE
03/02Danone activist investor says Faber should quit as chairman
RE
03/02DANONE S A  : Yogurt Giant Danone Posts an Unappetizing Job Ad
DJ
03/02UNILEVER  : Carbon footprints – now it's personal
PU
03/01EMMANUEL FABER : Danone's Faber to give up CEO role after investor pressure
RE
03/01Danone's Faber to give up CEO role after investor pressure
RE
More news
Financials
Sales 2020 50 719 M 61 160 M 61 160 M
Net income 2020 5 860 M 7 066 M 7 066 M
Net Debt 2020 22 476 M 27 103 M 27 103 M
P/E ratio 2020 18,6x
Yield 2020 3,90%
Capitalization 116 B 140 B 139 B
EV / Sales 2020 2,72x
EV / Sales 2021 2,66x
Nbr of Employees 149 867
Free-Float 63,1%
Chart UNILEVER PLC
Duration : Period :
Unilever PLC Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends UNILEVER PLC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 4 550,21 GBX
Last Close Price 3 812,00 GBX
Spread / Highest target 44,3%
Spread / Average Target 19,4%
Spread / Lowest Target -5,56%
EPS Revisions
Managers and Directors
NameTitle
Alan Jope Chief Executive Officer & Executive Director
Graeme David Pitkethly Chief Financial Officer & Executive Director
Nils Smedegaard Andersen Chairman
Richard Slater Chief Research & Development Officer
Nitin Paranjpe Chief Operating Officer
Sector and Competitors
1st jan.Capitalization (M$)
UNILEVER PLC-13.21%139 558
THE PROCTER & GAMBLE COMPANY-11.48%305 101
THE ESTÉE LAUDER COMPANIES INC.8.77%105 033
HINDUSTAN UNILEVER LIMITED-8.33%69 815
COLGATE-PALMOLIVE COMPANY-11.80%63 999
RECKITT BENCKISER GROUP PLC-6.76%60 863