BUILDING SUSTAINABLE AGRICULTURAL MODELS BY MIGUEL VEIGA-PESTANAVP GLOBAL EXTERNAL AFFAIRS

INFORMAL EU AGRICULTURAL MINISTERS MEETING, HORSENS DENMARK, 3-5 JUNE 2012

You may not know us, but you may know our brands...

•Present in half the households on the planet•Every day 2 billion people choose our brands to feed their families, to clean themselves and their homes. •Our products are sold in 180 countries. •We employ 170,000 people worldwide•Annual sales of €46bn

Unilever - Who Are We?

A VUCA WORLD

• V - volatile

• U - uncertain

• C – complex

• A - ambiguous

PERFECT STORM

Source: UK Government Office Of Science

POPULATION GROWTH DRIVES EVERYTHING

9.6 billion people in 2050

A city the size of London every month

WE HAVE ONLY ONE PLANET NOT THREE

SUSTAINABILITY

what does it mean for us?

a sustainable business is a growing and profitable business

that delivers positive social, economicaland environmental outcomes

OUR VISION

Unilever Sustainable Living Plan:Three big goals

THREE BIG GOALS BY 2020

AGRICULTURE IS IMPORTANT TO UNILEVER

50%of our raw materials

come from agriculture

KEY AGRICULTURAL COMMODITIES

12%

6%

5%

3%

2%

1%

TWO OPTIONS FOR IMPLEMENTATION

Certification Verification

OUR TRACK RECORD

working in partnership with:founding:

UNILEVER SUSTAINABLE AGRICULTURE CODE (SAC)

Continuous improvement

Agrochemicals and fuels

Soils

Biodiversity

Waste

Energy and Greenhouse gases

Social and human capital

Value chain and local economy

Animal welfare

Click on links for more information on scope and general content

Training

Water

28

72

Tea

% Sustainably Sourced

64

36

Palm Oil

% Sustainably Sourced

8

92

Soy

% Sustainably Sourced

60

40

Paper & Board

% Sustainably Sourced

Our top 10 agricultural raw materials account for two-thirds of our volumes for

renewables

On Track - Reached 24% Sustainable Sourced Volumes in 2011

1

99

Sugar

% Sustainably Sourced

25

75

Fruit & Vegetables

% Sustainably Sourced

100

Sunflower

% Sustainably Sourced

5

95

Rapeseed

% Sustainably Sourced

10

90

Dairy

% Sustainably Sourced

21

79

Cocoa

% Sustainably Sourced

WHERE ARE WE ON SUSTAINABLE SOURCING?

Facing a future of increased demand and resource scarcity

MAKING A REAL CONSUMER IMPACT

• fuels innovation & growth, with huge potential in developing &

emerging markets

• builds consumer preference - consumers won’t compromise

• ensures you win with customers and shareholders

• reduces waste - reduce, reuse, recycle

The business case for sustainabilityBUSINESS CASE FOR SUSTAINABILITY