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In July 2022, we made some significant changes to position Unilever for growth now and into the future.
We moved to an operating model organised around five Business Groups:
Each Business Group is focused on particular categories and brands, and is fully responsible and accountable for its own strategy, growth and profits delivery globally.
Our aim? Making Unilever faster and simpler
The new model will underpin improved performance by reducing complexity and ensuring we can respond to consumer and channel trends faster than ever before.
We call this our Compass Organisation. A model designed to deliver on our Compass strategy (PDF 501.03 KB) (Opens in a pop-up window ) and navigate our purpose-led, future-fit company to be the global leader in sustainable business.
The financial results listed here re-state Unilever’s financial performance since 2019 through the lens of the new Compass Organisation structure, using historical data for each Business Group. You can find a more detailed financial report here.
€10.1 billion turnover in 2021
President: Fernando Fernandez
Vaseline is over 150 years old, but remains one of Unilever’s fastest-growing brands. Its Pro Derma line, which features advanced ingredients such as hyaluronic acid and niacinamide, now accounts for 20% of Vaseline’s business in China. Find out more about Vaseline’s growth story here.
More than 1 billion people use products from Unilever Beauty & Wellbeing every day – giving the Business Group an incredible opportunity to use its scale for good.
That’s why it’s embracing a new era of beauty and wellbeing. One that’s inclusive. Equitable. Regenerative. Positive. So that people and the planet can thrive together, and brands not only do less harm but also more good for the world.
As well as household names like Vaseline, Dove and Sunsilk, Unilever Beauty & Wellbeing is also home to our Prestige portfolio of luxury brands such as Dermalogica, Hourglass and Living Proof; and Health & Wellbeing, a carefully crafted collection of vitamins, minerals and supplements brands including Liquid I.V. and OLLY.
Find out more about Unilever Beauty & Wellbeing
€11.7 billion turnover in 2021
President: Fabian Garcia
This year our Rexona deodorant brand (also sold as Degree, Sure, Shield and Rexona) revitalised its core range, adding new technology to provide 72 hours of non-stop protection from sweat and odours. Find out more about the science behind the launch here.
Unilever Personal Care holds world-leading category positions in deodorants and skin cleansing and the No.1 or No.2 positions in oral care in the countries where our brands are present.
It also includes Unilever International, which reaches underserved consumers around the world.
Our Personal Care brands are taking action to drive positive change, advocating for policies, laws and social norms that will promote inclusion, health and wellbeing for all.
Find out more about Unilever Personal Care
€10.6 billion turnover in 2021
President: Peter ter Kulve
Sunlight dishwashing liquid has just launched a new formula enriched with bio enzymes – natural proteins that can break down encrusted food from dirty dishes 10 times faster than ordinary products. The new liquid, now available in Thailand, also includes plant-based surfactants and is 99% biodegradable. Find out more about Sunlight’s new technology here.
Our Home Care Business Group is reimagining the future of cleaning.
Billions of people around the world are asking for products that are tough on germs and stains, and convenient to use. But now, people also want these products to be kinder to the planet.
Clean home. Clean planet. Clean future. We're using science and technology to make it happen.
Find out more about Unilever Home Care
€13.1 billion turnover in 2021
President: Hanneke Faber
In 2021, Knorr launched its Zero Salt Bouillon cubes, made from a unique blend of vegetables, herbs and spices to give dishes a rich flavour. The range followed extensive work from chefs and researchers at our Global Foods Innovation Centre. Read more about how the Zero Salt Bouillon cube was created here.
From global brand Knorr to local jewels like Maille mustard and nutrient-packed Horlicks drinks, our Nutrition Business Group is committed to doing well by doing good.
Its Boldly Healthier strategy strives for a future where good food can reach 10 billion plates to feed the world while caring for the planet.
It’s that goal that underpins Unilever Nutrition’s purpose. Through programmes of regenerative agriculture, highlighting nutrient-focused foods, increasing its plant-based portfolio, combating food waste, and more, it’s about innovation and sustainability from farm to fork.
Find out more about Unilever Nutrition
€6.9 billion turnover in 2021
President: Matt Close
Our Ice Cream Now business allows consumers to indulge their cravings anywhere. New apps and online interfaces in the worlds of gaming and the metaverse enable ice cream-lovers to get deliveries straight to their door, on demand. Find out more here.
Unilever has over 100 years of experience in delivering smiles – and plans to continue this for many more years to come.
Our Ice Cream Business Group comprises 35 brands, including three billion-euro brands, reaching consumers in more than 60 countries.
Favourite flavours may vary around the world but one thing that’s consistent across the Business Group is a commitment to spreading happiness through indulgent, yet responsibly made and marketed products.
Our focus on driving bigger, better and more impactful innovation delivered over €1 billion of incremental turnover in 2021, double the delivery in 2020. Here are just a few examples of our innovation in action.
Our financial results for the first half of this year – which delivered consistency in challenging conditions – show how we’re continuing to realise the benefits of the strategic choices we’ve made in the Unilever Compass.
‘Getting it done’ was the theme of Climate Week in New York. That goal is more pressing than ever. To hit net zero by 2050, climate economists say the world needs to invest 2–3%* of GDP each year. It’s a big ask, but the world could experience -10% off GDP if we don’t.
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