Unilever’s Business with Vanilla

In May 2011, the Dutch Centre for Research on Multinational Corporations (SOMO) published a study on Unilever. The company acquires vanilla, used in many of their products, like ice cream, from Madagascar. However, the price for vanilla has fallen so drastically in recent years that vanilla farmers currently only bring in about one US-Dollar per day. As a result, many farmers have had to find second jobs or leave vanilla farming entirely.

Read the entire study here.

These funds and institutions are shareholders of Unilever according to Morningstar.

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