Pandemic delayed sustainable growth objectives by a long time


LONDON — Former Unilever CEO Paul Polman has warned that the coronavirus pandemic has pushed again sustainable growth objectives 20-30 years, when it comes to exacerbating inequality. 

Polman, who’s now the chair of social enterprise IMAGINE and a founding member of CNBC’s ESG Council, was talking to CNBC’s “Road Indicators Europe” Monday. 

“The pandemic has put us again most likely 20-30 years on the sustainable growth objectives,” he stated, “And as soon as extra, the folks that had been already marginalized in society together with the gender dimension … these folks have suffered disproportionately. 

Girls, folks of colour and younger individuals are amongst these which were discovered to have been damage most by the coronavirus disaster. 

“So if we do not create extra jobs, if we do not create higher jobs popping out of this pandemic, then I believe we’ll see extra problems with social incohesion and dissatisfaction in society, undermining of democracies and all the opposite issues,” Polman defined. 

On the plus facet, Polman highlighted how governments had reacted to the disaster by spending trillions of {dollars} in an effort to help their economies

“And hopefully more and more, we’ll see a part of that spending shifting to greening our societies and in addition making certain that we deal with the problems of inequality,” he stated. 

Polman stated he believed there had been an “acceleration” of labor on environmental, social and governance points in the course of the pandemic, with a selected concentrate on the social facet of those three components. 

“The well being of the folks, the safety of individuals in our price chain, the social security nets which have include it, at the moment are very a lot on the agenda,” he stated.



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