• About
  • Contact
  • Advertise
  • Awards
  • Classifieds
  • Login
  • Login
No Result
View All Result
Membership
Quota Media
Omnibuzz

Food systems news

Tuesday July 5 2022

Great minds think aloud

  • News
    • All
    • In the news
    • Features
    • Opinion
    Mr Justice Linden: “If it contains excess fat, sugar or salt, that product is adverse to a child's health"

    Kellogg’s loses court case over sugary cereal

    Farmer Andy Pimbley examining ripening strawberries inside a polytunnel at Claremont Farm in Bebington on the Wirral © Colin McPherson/FT

    Labour shortfall leading to ‘catastrophic’ food waste

    The Longview Power Plant, a coal-fired plant, stands on August 21, 2018 in Maidsville, West Virginia. The plant’s single unit generates 700 net megawatts of electricity from run-of-mine coal and natural gas. Spencer Platt | Getty Images

    US Supreme Court limits EPA authority

    “Understanding the emergence of CC398 in European livestock is vitally important for managing the risk it poses to public health”

    Super bug that arose in pigs can jump to humans

    Martin Lines, UK chair for the Nature Friendly Farming Network, says farmers will continue moving away from fertilisers and pesticides

    Fertilisers: going cold turkey in a time of crisis

    European Commission Vice-President Frans Timmermans, European Commissioner for Health and Food Safety Stella Kyriakides, and European Commissioner for the Environment Virginijus Sinkevicius

    EU to halve use of pesticides, heal nature

    trade deals

    WTO strikes global trade deals after ‘roller coaster’ talks

    inflation

    Food inflation is swallowing Latin America’s dietary staples

    Protestors outside UK Parliament with a placard reading, "Keep the protocol, keep the peace."

    New EU legal action over post-Brexit deal changes

    Buyers at Risk Countries in Africa and Asia are among the most reliant on Ukraine grain

    US quietly urges Russia fertiliser deals

  • Business
  • Policy
  • Research
  • Sections
    • All
    • Retail
    • Data
    • Society
    • Environment
    • Economy
    • Health
    • Food Safety
    • Governance
    • Security
    • Sustainability
    • Agriculture
    • Rights
    • Tech
    Mr Justice Linden: “If it contains excess fat, sugar or salt, that product is adverse to a child's health"

    Kellogg’s loses court case over sugary cereal

    Farmer Andy Pimbley examining ripening strawberries inside a polytunnel at Claremont Farm in Bebington on the Wirral © Colin McPherson/FT

    Labour shortfall leading to ‘catastrophic’ food waste

    The Longview Power Plant, a coal-fired plant, stands on August 21, 2018 in Maidsville, West Virginia. The plant’s single unit generates 700 net megawatts of electricity from run-of-mine coal and natural gas. Spencer Platt | Getty Images

    US Supreme Court limits EPA authority

    “If we lose territory we lose everything. It’s that simple.” Pic: Confederación de Nacionalidades Indígenas del Ecuador

    Ecuador’s Indigenous peoples: we are protecting our territories

    “Understanding the emergence of CC398 in European livestock is vitally important for managing the risk it poses to public health”

    Super bug that arose in pigs can jump to humans

    Martin Lines, UK chair for the Nature Friendly Farming Network, says farmers will continue moving away from fertilisers and pesticides

    Fertilisers: going cold turkey in a time of crisis

    European Commission Vice-President Frans Timmermans, European Commissioner for Health and Food Safety Stella Kyriakides, and European Commissioner for the Environment Virginijus Sinkevicius

    EU to halve use of pesticides, heal nature

    Executive director of Nourish Scotland, Pete Ritchie: “If the UK could just get over itself, alignment on sustainable food with the EU would be helpful”

    Scottish food bill: a dram to celebrate the end of the beginning

    trade deals

    WTO strikes global trade deals after ‘roller coaster’ talks

    Trending Tags

    • Covid-19
    • UK
    • Retail
  • Comms unit
  • Shop
  • Events
  • News
    • All
    • In the news
    • Features
    • Opinion
    Mr Justice Linden: “If it contains excess fat, sugar or salt, that product is adverse to a child's health"

    Kellogg’s loses court case over sugary cereal

    Farmer Andy Pimbley examining ripening strawberries inside a polytunnel at Claremont Farm in Bebington on the Wirral © Colin McPherson/FT

    Labour shortfall leading to ‘catastrophic’ food waste

    The Longview Power Plant, a coal-fired plant, stands on August 21, 2018 in Maidsville, West Virginia. The plant’s single unit generates 700 net megawatts of electricity from run-of-mine coal and natural gas. Spencer Platt | Getty Images

    US Supreme Court limits EPA authority

    “Understanding the emergence of CC398 in European livestock is vitally important for managing the risk it poses to public health”

    Super bug that arose in pigs can jump to humans

    Martin Lines, UK chair for the Nature Friendly Farming Network, says farmers will continue moving away from fertilisers and pesticides

    Fertilisers: going cold turkey in a time of crisis

    European Commission Vice-President Frans Timmermans, European Commissioner for Health and Food Safety Stella Kyriakides, and European Commissioner for the Environment Virginijus Sinkevicius

    EU to halve use of pesticides, heal nature

    trade deals

    WTO strikes global trade deals after ‘roller coaster’ talks

    inflation

    Food inflation is swallowing Latin America’s dietary staples

    Protestors outside UK Parliament with a placard reading, "Keep the protocol, keep the peace."

    New EU legal action over post-Brexit deal changes

    Buyers at Risk Countries in Africa and Asia are among the most reliant on Ukraine grain

    US quietly urges Russia fertiliser deals

  • Business
  • Policy
  • Research
  • Sections
    • All
    • Retail
    • Data
    • Society
    • Environment
    • Economy
    • Health
    • Food Safety
    • Governance
    • Security
    • Sustainability
    • Agriculture
    • Rights
    • Tech
    Mr Justice Linden: “If it contains excess fat, sugar or salt, that product is adverse to a child's health"

    Kellogg’s loses court case over sugary cereal

    Farmer Andy Pimbley examining ripening strawberries inside a polytunnel at Claremont Farm in Bebington on the Wirral © Colin McPherson/FT

    Labour shortfall leading to ‘catastrophic’ food waste

    The Longview Power Plant, a coal-fired plant, stands on August 21, 2018 in Maidsville, West Virginia. The plant’s single unit generates 700 net megawatts of electricity from run-of-mine coal and natural gas. Spencer Platt | Getty Images

    US Supreme Court limits EPA authority

    “If we lose territory we lose everything. It’s that simple.” Pic: Confederación de Nacionalidades Indígenas del Ecuador

    Ecuador’s Indigenous peoples: we are protecting our territories

    “Understanding the emergence of CC398 in European livestock is vitally important for managing the risk it poses to public health”

    Super bug that arose in pigs can jump to humans

    Martin Lines, UK chair for the Nature Friendly Farming Network, says farmers will continue moving away from fertilisers and pesticides

    Fertilisers: going cold turkey in a time of crisis

    European Commission Vice-President Frans Timmermans, European Commissioner for Health and Food Safety Stella Kyriakides, and European Commissioner for the Environment Virginijus Sinkevicius

    EU to halve use of pesticides, heal nature

    Executive director of Nourish Scotland, Pete Ritchie: “If the UK could just get over itself, alignment on sustainable food with the EU would be helpful”

    Scottish food bill: a dram to celebrate the end of the beginning

    trade deals

    WTO strikes global trade deals after ‘roller coaster’ talks

    Trending Tags

    • Covid-19
    • UK
    • Retail
  • Comms unit
  • Shop
  • Events
No Result
View All Result
Quota Media
No Result
View All Result
Home Topics Rights

Unilever’s tea business a test of private equity’s conscience

Fears over social or reputational consequences are gaining traction

February 17, 2022
in In the news, Governance, Sustainability, Agriculture
0
Kenyan tea plantation : Unilever’s tea business

Kenyan tea plantation worker Hellen Nyaboke says Unilever did little to help after she lost her son and husband. Pic: Andres Schipani/FT

178
SHARES
2k
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

A Financial Times feature says that almost 15 years after an attack on a tea plantation in Kericho, Kenya, many workers are still seeking compensation and funds for medical treatment from Unilever.

According to a complaint filed with UN human rights bodies, at least seven people were killed and 56 women raped. The violence, fuelled by ethnic tensions, broke out amid a disputed election in 2007.

With elections due in August, there are concerns for those still with the company.

By then, Unilever’s tea arm may be owned by Luxembourg-based CVC, which agreed to buy the business in a deal expected to be completed in the second half of this year.

Two of the three final bidders for Unilever’s tea business, buyout groups Advent International and Carlyle, pulled out, at least partly, over concerns surrounding the plantations. An indication, say people close to both buyout groups, that even in private equity, with its relentless focus on profit maximisation, fears over the social or reputational consequences of deals are gaining traction, as ethics and sustainability rise up investors’ agendas.

The deal has become a testing ground for how private equity groups approach workers’ pay, conditions and safety in a climate where investors are scrutinising their ethics.

“The whole ESG [environmental, social and governance] lens across these sorts of investments is so much more of a factor than it was before,” says one person involved in the deal.

Advent’s executives were worried about the cost and difficulty of supporting a workforce that is dependent on the plantation for their livelihood, and the potential for bad headlines should things go wrong, says a person close to the private equity firm.

Concerns about the potential for violence during elections in August was another deterrent, he adds.

“The plantations are a whole different ball game” compared with situations private equity firms are used to, says a second person close to the Advent bid.

“You take on responsibility for these workers’ health, their education, their protection.”

Carlyle had similar concerns, a person close to its bid says. “This is not like buying a factory where everyone goes home at the end of the day,” he adds.

More here…

Further reading:

  • Unilever tea bidders had rights concerns
  • Living wage across Unilever’s 60,000 suppliers announced

  • Private equity’s falling out of love with plastic

Sign up for Best of Quota
  Thank you for Signing Up
Please correct the marked field(s) below.
1,true,6,Contact Email,2 1,false,1,First Name,2 1,false,1,Last Name,2
Tags: United NationsWomenUnileverprivate equityESGTeaKenyaCarlyleCVCThe Financial TimesAdvent International
Previous Post

Climate change and profitless farming pose critical business risks

Next Post

Hard bargains as European retailers take on food giants

Next Post
European Retailers (Nestle food giants)

Hard bargains as European retailers take on food giants

Please login to join discussion

Editor's Picks

“If we lose territory we lose everything. It’s that simple.” Pic: Confederación de Nacionalidades Indígenas del Ecuador
Rights

Ecuador’s Indigenous peoples: we are protecting our territories

by May Davies
July 1, 2022
0
1.1k

Indigenous protestors in Ecuador remain wary, despite the agreement which has ended 18 days of strikes in which at least...

Read more
"At SCOOP we don’t demand exclusivity and actively encourage farmers to find new and better markets for themselves." Pic: Cotswolds farmer by David George

Paying farmers 75p for each £1 consumers spend on their produce

May 23, 2022
2k
Signing ceremony of PAGES, in Brazil’s state with the highest poverty and food insecurity rates. Pic: IFAD/Tayna Abreu

Food security meets Amazon protection in new UN project

May 20, 2022
1.7k
Man holding his chin facing laptop

Companies urge convergence on climate reporting standards

May 20, 2022
1.6k
"People need time at point of sale to learn to eat in a way that protects the planet"

Shifting to care – the benefits of being the most inconvenient supermarket

May 2, 2022
1.4k
Twitter Youtube LinkedIn
  • About
  • Advertise
  • Awards
  • Contact
  • Shop
  • Classifieds
  • Events
  • Login

Popular Tags

Covid-19 United States United Kingdom Brexit United Nations 2021 Food Systems Summit European Union China Food and Agriculture Organization Food banks Meat Climate Change COP26 World Food Programme UK Nestle Food waste Farmers

Best of Quota

Our audience's free secret weapon, leaving others to ask, "What do they know, that I don't?"


Thank you for Signing Up
Please correct the marked field(s) below.
1,true,6,Contact Email,21,false,1,First Name,21,false,1,Last Name,2

© 2021 Quota Media Limited | All rights reserved | Registered Company Number 12581018      Online Web Fonts

Terms & Conditions      Privacy Policy      Ethical Policy      Cookie Policy     

No Result
View All Result
  • Home
  • News
  • Business
  • Policy
  • Research
  • Comms unit
  • Shop
  • Events
  • Membership subs
  • Awards
  • Contact
  • About

© 2021 Quota Media Limited | All rights reserved | Registered Company Number 12581018      Online Web Fonts

Terms & Conditions      Privacy Policy      Ethical Policy      Cookie Policy     

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In