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Unilever Gives More Than €100 Million to Combat Coronavirus

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Unilever has announced it will contribute €100 million to help the fight against the COVID-19 (coronavirus) pandemic through donations of soap, sanitizer, bleach and food. 

According to the company, the donation will include a product donation of soaps and sanitizer of at least €50 million to the COVID Action Platform of the World Economic Forum, which is supporting global health organizations and agencies with their response to the emergency. In addition to the supply of soap, Unilever will adapt its current manufacturing lines to produce sanitizer for use in hospitals, schools and other institutional settings. 

Unilever will also participate in product donations, partnerships and handwashing education programs, delivered through national health authorities and NGOs, to support local communities most at need.

In terms of Unilever's customers, suppliers and workforce, the company pledged to offer €500 million of cash flow relief to support livelihoods across its extended value chain. These efforts will include early payment for the most vulnerable small and medium-sized suppliers, to help them with financial liquidity, and extending credit to selected small-scale retail customers whose business relies on Unilever, to help them manage and protect jobs.

Additionally, Unilever will protect its workforce from sudden drops in pay, as a result of market disruption or being unable to perform their role, for up to three months. The company will cover its employees, contractors and others it manages or who work on its sites, on a full or part-time basis, a statement on its website stated