Coronavirus (COVID-19): Unilever unveils measures to support the fight against Coronavirus (COVID-19)

Wassim El Attar
Supply Chain Analyst
@Supplychain_IGD

Date : 26 March 2020

Consumer goods company Unilever has announced a series of measures aimed at supporting consumers, communities and suppliers.

Product donations, partnerships and education programmes

Unilever is donating products such as soap, sanitiser, bleach and food worth at least €50 million to the COVID Action Platform of the World Economic Forum, whilst adapting its current manufacturing lines to produce sanitiser for use in hospitals, schools and other institutional settings. In addition, the company will implement partnerships and handwashing education programmes delivered through national health authorities and NGOs to support local communities.

€500 million relief program

Unilever is due also to offer €500 million of cashflow relief to help its "most vulnerable" small- and medium-sized suppliers as well as provide credit to select small-scale retailers. It is also due to protect its employees from intense financial strain, due to the Coronavirus (COVID-19) outbreak, for up to three months.

Alan Jope, Unilever’s CEO commented: “We are deeply saddened by the terrible impact that coronavirus is wreaking on lives and livelihoods everywhere. The world is facing its greatest trial in decades. We have seen the most incredible response from the Unilever team so far, especially those on the front line of our operations in factories, distribution centres and stores.”

He added: “We hope that our donation of €100m of soap, sanitiser, bleach and food will make a significant contribution towards protecting people’s lives, and that by helping to safeguard our workers’ incomes and jobs, we are giving some peace of mind during these uncertain times. Our strong cash flow and balance sheet mean that we can, and should, give this additional support.”