"We have to assess the situation. Article 50 (which formally triggers the Brexit process) has not yet been filed but all the things we've been talking about (such as uncertainty) you can see it in the market," Unilever CEO Paul Polman told CNBC on Thursday.
At the Teri Sustainability Summit, Niti Aayog member Bibek Debroy and chief of Unilever Paul Polman spoke on what needs to be done in order for developing countries and developed economies to align their interests and align corporate interests with interests of the environment and climate change.
Stating that there is "a tremendous opportunity" in the clean India campaign, Unilever CEO Paul Polman told reporters that the company would focus on major cities in each of the states and set the standards.
Last year, Hindustan Unilever launched a wide-ranging programme to improve the quality of tomatoes. HUL now sources 60 percent of its tomato requirements from India, most of it from an area of 800 hectares in and around Nashik, Ahmednagar and Pune in Maharashtra.
Polman cautions that while businesses would go through troughs as their new models find their feet, it is important for leaders to focus on the long-term instead of succumbing to quick fixes to protect shareholder interest.
Developed markets remained flat to down in the third quarter, it said, and overall Unilever said it was on track to meet its 2013 priorities. It attributed the emerging markets slowdown to a significant currency weakening.
Unilever CEO Paul Polman says: "This set of results clearly demonstrates that the transformation of Unilever to a sustainable growth company is fully on track. The strong Home Care and Personal Care performance is particularly pleasing given increased competitive pressure."
The consumer packaged goods giant has launched an open offer to buy back shares of HUL. Should investors rejoice?
A merger between P&G and Unilever doesn’t make business sense
What has led to Unilever’s success? Serve the consumer better, says FMCG major’s chief executive officer Paul Polman. “Every day I wake up, I look in the mirror, I think about how I can better serve the consumer. If we do that, we will be successful in the long-term. That's the principle we operate in.”
Unilever’s chief operating officer Paul Polman is counting on India to be a source of ideas and a driver of growth for the company.
Consumer goods giant Unilever Plc/NV is set to report on Thursday a strong end to 2010, while striking a cautious note for 2011 due to soaring commodity costs and tough rivalry in emerging markets.