Unilever CEO sees crisis as new normal for FMCG industry
• Jope said FMCG firms will have to understand ‘crisis being more or less the new normal’
British multinational conglomerate Unilever PLC chief executive Alan Jope on Tuesday said consumer goods companies should get used to the idea of “crisis being more or less the new normal” as they are combatting decades-high inflation all over the world, climate change and a global food crisis.
“I must say I am a bit fed up of living in unprecedented times, I’d like to live in precedented times for a couple of years,” Jope said at the Consumer Goods Forum’s Global Summit conference, referencing the COVID-19 pandemic, the war in Ukraine and global inflation, Reuters reported.
“Crisis is probably going to carry on being our norm for some time. We’re in the foothills of a very substantial global food crisis, we haven’t yet really seen the full impact of that, and the mother of all crisis is, of course, the climate emergency.”
Picture Credit: FT
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