The report highlights the company's performance in a challenging business environment with lower GDP growth and slowdown in consumption. The company delivered competitive, profitable and responsible growth with gains in penetration and distribution. The report also highlights the company's progress on the Unilever Sustainable Living Plan (USLP), which includes three global goals: to help more than a billion people improve their health and well-being, to halve the environmental footprint in the making and use of products, and to enhance the livelihoods of millions of people while growing the business. The company also completed the merger of GlaxoSmithKline Consumer Healthcare Limited (GSK CH) into HUL, which brings household brands such as Horlicks and Boost to the company's portfolio. The merger presents an opportunity to combine the respective strengths of the two companies and work towards further strengthening their position in Foods, Nutrition and Refreshments.
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Hindustan Unilever Limited (HUL) 2019-2020 Integrated Annual Report
Issuing Company Hindustan Unilever Limited (HUL)
Report Type Integrated Report
Report Language EN
Report Filesize 11.87 MB
No. of Pages 118 pages
Reporting period2019-20
Report EditionUnknown
Assurance Provider PricewaterhouseCoopers LLP; M/s. B S R & Co. LLP
Reporting Standards GRI; SASB; UNSDGs; others
Materiality Assessmenttrue