Paul Polman, Unilever’s CEO, advocates for a form of capitalism that prioritises long-term sustainability over short-term profits. He believes that businesses should not only focus on shareholders but also consider the impact of their actions on the planet and its inhabitants. Polman argues that businesses should take a leading role in addressing global issues such as climate change, poverty, and inequality.
Unilever, under Polman’s leadership, has implemented initiatives to reduce its environmental impact and improve social conditions. The company aims to halve its environmental footprint by 2030 while doubling its business size. It has also committed to sourcing all of its agricultural raw materials sustainably by 2020.
Polman criticises the current system of capitalism for being too focused on short-term gains, which he argues is unsustainable and damaging in the long run. He calls for a shift towards a more responsible form of capitalism, one that values sustainability and social responsibility alongside profitability.
Polman’s views have drawn both praise and criticism. Supporters laud his vision for a more sustainable and equitable form of capitalism, while critics question the feasibility and effectiveness of his approach. Despite the controversy, Polman remains steadfast in his belief that businesses can and should play a significant role in solving global problems.
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