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: 4,267.00
Bid: 4,266.00
Ask: 4,267.00
Change: 43.00 (1.02%)
Spread: 1.00 (0.023%)
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

Regulator to probe Unilever over green claims

Tue, 12th Dec 2023 08:26

(Sharecast News) - Consumer goods giant Unilever is being investigated by the regulator over claims of potential greenwashing, it was confirmed on Tuesday.

The Competition and Markets Authority said it was concerned that the maker of Lynx, Persil, Cif and Ben & Jerry's, among many others, was overstating how green certain brands were.

In particular, it said Unilever was using "vague and broad claims, unclear statements around recyclability and natural-looking images and logos".

It has therefore launched an investigation into specific green claims made by the blue chip, to ensure shoppers are not being misled.

Sarah Cardell, chief executive of the CMA, said: "More and more people are trying to do their bit to help protect the environment, but we're worried many are being misled by so-called green products that aren't what they seem.

"So far, the evidence we've seen has raised concerns about how Unilever presents certain products as environmentally friendly.

"We'll be drilling down into these claims to see if they measure up. If we find they're greenwashing, we'll take action to make sure shoppers are protected."

A Unilever spokesperson said: "We are surprised and disappointed with the CMA's announcement, and refute that our claims are in any way misleading.

"Unilever is committed to making responsible claims about the benefits of our packs, and to these being transparent and clear. We have robust processes in place to make sure any claims can be substantiated.

"We will continue to co-operate with the CMA and fully comply with further requests for information."

Possible outcomes range from taking no further action to legal action, the CMA noted.

More News
29 May 2024 05:00

Europe's business chiefs see EU-China relations worsening

BRUSSELS, May 29 (Reuters) - A majority of Europe's chief executives believe relations between Europe and China will worsen over the next three years, with the EU's de-risking strategy and Beijing's close ties with Moscow cited as the greatest areas of friction.

Read more
28 May 2024 06:00

Escalating emissions: How Red Sea disruptions are driving up carbon emissions

LONDON, May 28 (Reuters) - A surge of attacks on ships traveling the waters of the Red Sea is forcing shippers to reroute their vessels, sending them on longer journeys that drive up their carbon dioxide emissions.

Read more
24 May 2024 11:00

Reuters Events: Wanted - Customers for electric truck fleets

ATLANTA, May 24 (Reuters) - U.S. trucking firms say a government-mandated transition from diesel to electric big rigs could end up costing them big money if customers are not willing to pay a premium for zero-emissions shipping services.

Read more
23 May 2024 10:49

JPMorgan double upgrades Unilever to 'overweight'

(Sharecast News) - JPMorgan Cazenove double-upgraded Unilever on Thursday to 'overweight' from 'underweight' and hiked the price target to 5,100p from 3,600p after several years of caution on the equity story.

Read more
23 May 2024 09:47

LONDON BROKER RATINGS: JPMorgan raises Unilever to 'overweight'

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

Read more
23 May 2024 07:47

LONDON BRIEFING: National Grid plans GBP7 billion capital raise

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, with focus on interest rate policy in the UK and US.

Read more
21 May 2024 10:00

LONDON BROKER RATINGS: UBS lifts Schroders; Barclays likes Wise

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday:

Read more
17 May 2024 15:52

London close: Stocks recoup some earlier losses

(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.

Read more
17 May 2024 09:11

IN BRIEF: Unilever starts EUR850 million first part of share buyback

Unilever PLC - London-based consumer goods firm with brands including Marmite, Dove and Domestos - Starts buyback programme announced with its 2023 results in February. Unilever will repurchase shares worth up to EUR1.5 billion, starting with a first tranche of up to EUR850 million that begins on Friday and will end by August 30. Picks Goldman Sachs International to conduct the first tranche.

Read more
17 May 2024 07:42

LONDON BRIEFING: Land Securities ups dividend; GSK sells Haleon stake

(Alliance News) - Stocks in London are called to open lower, as investors wait for an inflation reading from the eurozone later this morning.

Read more
17 May 2024 07:22

Unilever licks off first tranche of share buyback programme

(Sharecast News) - Unilever announced the start of its €1.5bn share buyback programme on Friday, kicking off the first tranche of up to €850m worth of shares.

Read more
16 May 2024 16:54

LONDON MARKET CLOSE: Europe struggles but record highs in New York

(Alliance News) - Large-cap European equities closed lower on Thursday, underperforming New York counterparts, which continued to push higher following Wednesday's softer US inflation data.

Read more
14 May 2024 13:12

Barclays lifts Unilever target price after strong Q1

(Sharecast News) - Barclays has lifted its target price for Unilever following the consumer-goods group's well-received first-quarter results last month, saying the current quarter could beat expectations.

Read more
14 May 2024 10:11

LONDON BROKER RATINGS: DB and Berenberg raise Diploma price target

(Alliance News) - the following London-listed shares received analyst recommendations Monday and Tuesday morning:

Read more
13 May 2024 13:19

Aptamer says sales pipeline "strong" as reports strategic headway

(Alliance News) - Aptamer Group PLC on Monday reported progress on all three of its strategic objectives.

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.