Less Ads, More Data, More Tools Register for FREE

Pin to quick picksUnilever Share News (ULVR)

Share Price Information for Unilever (ULVR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4,259.00
Bid: 4,255.00
Ask: 4,257.00
Change: 35.00 (0.83%)
Spread: 2.00 (0.047%)
Open: 4,220.00
High: 4,272.00
Low: 4,216.00
Prev. Close: 4,224.00
ULVR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

KLM in Dutch court to answer 'greenwashing' allegation

Tue, 19th Dec 2023 02:00

AMSTERDAM, Dec 19 (Reuters) - Dutch airline KLM is set to face off with environmentalists in an Amsterdam court on Tuesday over whether its advertisements misled customers in an alleged case of "greenwashing".

The case brought by Fossil Free, which centres around KLM's "Fly Responsibly" advertising campaign, is seen as a test of what environmental claims the aviation industry can make while it remains a major contributor to greenhouse gas emissions.

KLM, the Dutch arm of Air France-KLM, denies greenwashing and says the Fly Responsibly campaign was intended to make people think twice before flying.

It says it should be allowed to continue advertising about its plans to become less polluting, including by mixing more biofuel into the kerosene that fuels its planes.

Fossil Free argues that there is no such thing as flying responsibly and KLM should apologise and be banned from making similar claims in the future.

Regulators and advertising authorities across Europe have increased scrutiny of companies' environmental claims, including an investigation into consumer goods giant Unilever announced last week by Britain's Competition and Markets Authority.

Airlines have been a particular focus as aviation is an industry that cannot easily cut carbon emissions. Advertising of its green efforts needs to reflect this reality, authorities have said.

In December, Britain's Advertising Standards Authority banned advertisements from Lufthansa, Air France-KLM and Etihad after it accused them of giving misleading impression. In June Europe's consumer rights body BEUC lodged a complaint with the European Commission against 17 airlines, saying they use terms such as "sustainable" deceptively.

KLM argues it has discontinued the Fly Responsibly campaign and now prefaces environmental claims by acknowledging that flying is currently not sustainable.

Fossil Free could seek damages in a later phase if the court finds in its favour.

A verdict is expected in early February. (Reporting by Toby Sterling and Joanna Plucinska Editing by Nick Zieminski)

More News
26 Jul 2023 11:38

China's consumer sentiment is down, but not when it comes to condoms

LONDON, July 26 (Reuters) - Consumer companies and economists have said sentiment in China is slower than expected, but that's not stopping them from buying more condoms, Durex maker Reckitt said on Wednesday.

Read more
26 Jul 2023 10:15

Reckitt's sales volume dip takes shine off like-for-like sales beat

July 26 (Reuters) - Reckitt Benckiser's sales volume fell in the second quarter as the Dettol and Lysol cleaning products maker increased its price mix to tame soaring raw material costs, sending its shares down more than 2%.

Read more
26 Jul 2023 09:43

Reckitt stays the course on process 'aimed at' transferring Russian business

LONDON, July 26 (Reuters) - Reckitt, maker of Lysol disinfectant and Durex condoms, said on Wednesday that "nothing has changed" in its promise from last year to begin a process "aimed at" transferring ownership of its Russian business.

Read more
26 Jul 2023 09:20

LONDON BROKER RATINGS: HSBC cuts Glencore; Berenberg likes Tyman

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
25 Jul 2023 17:05

Miners boost FTSE 100 on China recovery hopes; Unilever shines

Unilever up on Q2 sales beat

*

Read more
25 Jul 2023 17:01

Miners boost European shares on China stimulus talk

STOXX 600 ends up 0.5%

*

Read more
25 Jul 2023 16:55

LONDON MARKET CLOSE: China firepower plan boosts FTSE 100 before Fed

(Alliance News) - Stock prices in London closed higher on Tuesday, with hopes of stimulus measures in China adding impetus, before focus turns to the Federal Reserve, which announces its latest interest rate decision on Wednesday.

Read more
25 Jul 2023 13:40

Nestle, Danone hikes may put them on France's inflation radar

LONDON, July 25 (Reuters) - Nestle and Danone are among firms whose product prices in France have risen by more than 10% this year, data shows, potentially putting them under government pressure to renegotiate with French retailers.

Read more
25 Jul 2023 12:29

Shares rise after China stimulus pledge; Europe outlook darkens

LONDON, July 25 (Reuters) - Global shares rose on Tuesday, lifted by a rally in Asia, where the yuan bounced after China vowed to boost support for its sputtering economy, while evidence of a slowdown in European growth dented the euro.

Read more
25 Jul 2023 12:21

Abandon, sell, keep? Unilever's Russia conundrum

LONDON, July 25 (Reuters) - Unilever, which has faced criticism for over a year for remaining in Russia, said on Tuesday that it could abandon, sell or retain its operations there but the "least bad" option is to "pursue our business but in a highly constrained manner".

Read more
25 Jul 2023 12:08

LONDON MARKET MIDDAY: Miners lift FTSE 100 as Fed meeting kicks off

(Alliance News) - Stock prices in London were largely higher at midday on Tuesday, with stimulus talks in China helping lift the mood, as attention turns to the US Federal Reserve which begins its two-day monetary policy meeting later.

Read more
25 Jul 2023 09:53

Shares rise after China stimulus; Europe outlook grows darker

LONDON, July 25 (Reuters) - Global shares rose on Tuesday, lifted by a rally in Asia, where the yuan bounced after China pledged to step up support for its sputtering economy, while evidence of a slowdown in European growth dented the euro.

Read more
25 Jul 2023 09:53

Unilever quarterly sales beat estimates, boost shares

Underlying sales, price, volume growth beat forecasts

*

Read more
25 Jul 2023 08:48

LONDON MARKET OPEN: Stocks nearly flat; miners lifted by China hope

(Alliance News) - The FTSE 100 edged higher on Tuesday morning, lifted into the green as Chinese indices were propelled by hopes of more economic policy support.

Read more
25 Jul 2023 08:27

TOP NEWS: Unilever interim profit jumps 21%; raises sales guidance

(Alliance News) - Unilever PLC on Tuesday guided for strong annual sales growth as it reported double-digit interim profit growth, while volumes stayed steady from the prior year.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.