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Unilever Opens Employee Development Center in Singapore
Posted: July 16, 2013
Unilever has opened Four Acres Singapore, the company’s first global leadership development center outside of the U.K. This €50 million facility will play a key role in developing the talent to lead Unilever, as it aims to double the size of the business, while halving its environmental impact and increasing its positive social impact.
Unilever’s decision to locate the new facility in Asia highlights the company’s increasing focus on developing and emerging markets, which now account for over 55% of its global revenue. In the past three years, Unilever has grown consistently, increasing turnover by over €10 billion. Four Acres Singapore will help increase the supply of talented leaders to sustain this momentum.
Four Acres Singapore will be used to develop leaders with a "purpose-driven" approach to business. This is in keeping with the stance Unilever has taken throughout its history, where it has strongly advocated for corporations and corporate leaders to actively support the broader needs of society.
Four Acres Singapore will deliver more than half of all of Unilever’s global leadership development program, as part of a single, fully global curriculum. The academic program has been developed in partnership with some of the world’s leading academic and business institutions such as INSEAD, Harvard Business School and Singapore Management University. With the opening of the new campus, Unilever will have the capability to deliver training to around 2,800 people annually, across both locations.