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Hindustan Unilever Limited (HUL) is a British-Dutch company headquartered in Mumbai, Maharashtra.[3] Its products include foods, beverages, cleaning agents, personal care products, water purifiers and consumer goods.
Hindustan Unilever Limited
Type
Public
Traded as
BSE: 500696 NSE: HINDUNILVR BSE SENSEX Constituent
Industry
Consumer goods
Predecessor
Hindustan Vanaspati Manufacturing Company (1931–1956) Lever Brothers India Limited (1933–1956) United Traders Limited (1935–1956) Hindustan Lever Limited (1956–2007)
Founded
1933
Headquarters
Mumbai, Maharashtra,
India Key people
Navin paranjye (CEO)[1]
Products
Foods, cleaning agents personal care products and water purifiers.
Revenue
₹34,487 crore (US$4.8 billion) (201617)[2]
Operating income
₹6,047 crore (US$840 million)(201617)
Net income
₹4,490 crore (US$620 million) (201617)
Number of employees
18,000 (2014)
Parent
Unilever
Website
www.hul.co.in
HUL was established in 1933 as Lever Brothers. Following the merger among Lever Brothers in 1956, it was renamed as Hindustan Lever Limited. The company was renamed in June 2007 as "Hindustan Unilever Limited".[4] As of 2019 HUL portfolio had 35 product brands in 20 categories and employs 18,000 employees with sales of Rs. 34,619 crores in 2017-18.[3] In December 2018, HUL announced its acquisition of Glaxo Smithkline's India business for $3.8 billion in an all equity merger deal with 1:4.39 ratio[5][6]. However
the integration of 3800 employees of GSK remained uncertain as HUL stated there was no clause for retention of employees in the deal[7]. In January 2019, HUL said that it expects to complete the merger with Glaxo Smith Kline Consumer Healthcare (GSKCH India) this year.[8] The company has been regularly controversial for its advertisements targeting and demeaning Hindu festivals.
Brands and products HUL is the market leader in Indian consumer products with presence in over 20 consumer categories such as soaps,
tea, detergents and shampoos amongst others with over 700 million Indian consumers using its products. Sixteen of HUL's brands featured in the ACNielsen Brand Equity list of 100 Most Trusted Brands Annual Survey (2014), carried out by Brand Equity, a supplement of The Economic Times.[9]
Food Annapurna salt and Atta(formerly known as Kissan Annapurna) Bru coffee Brooke Bond (3 Roses, Taj Mahal, Taaza, Red Label) tea
Kissan squashes, ketchups, juices and jams Lipton ice tea Knorr soups & meal makers and soupy noodles Kwality Wall's frozen dessert Modern Bread, ready to eat chapattis and other bakery items(now sold to Everstone Capital ) Magnum (ice cream)[10]
Homecare Brands[11] Active Wheel detergent Cif Cream Cleaner Comfort fabric softeners
Domex disinfectant/toilet cleaner Rin detergents and bleach Sunlight detergent and colour care Surf Excel detergent and gentle wash Vim dishwash Magic – Water Saver[12][13] Personal Care Brands:[14] Aviance Beauty Solutions Axe deodorant and aftershaving lotion and soap LEVER Ayush Therapy ayurvedic health care and personal care products International breeze
Brylcreem hair cream and hair gel Clear anti-dandruff hair products Clinic Plus shampoo and oil Close Up toothpaste Dove skin cleansing & hair care range: bar, lotions, creams and anti-perspirant deodorants Denim shaving products Fair and Lovely, skin lightening cream Hamam Indulekha ayurvedic hair oil Lakmé beauty products and salons Lifebuoy soaps and handwash range Liril 2000 soap
Lux soap, body wash and deodorant Pears soap, body wash Pepsodent toothpaste Pond's talcs and creams Rexona Sunsilk shampoo Sure anti-perspirant Vaseline petroleum jelly, skin care lotions TRESemmé[15] TIGI Vaseline
Water Purifier Brand
The Pureit Water Purifier
Research facilities
Unilever R&D Centre in Bangalore
The Hindustan Unilever Research Centre (HURC) was set up in 1966 in Mumbai, and Unilever Research India in Bangalore in 1997. Staff at these centres developed many innovations in products and manufacturing processes. In 2006, the
company's research facilities were brought together at a single site in Bangalore.[16]
Sustainable living Unilever launched Sustainable Living Plan in on 15 November 2010 at London, Rotterdam, New York and New Delhi simultaneously.[17]
Headquarters Hindustan Unilever's corporate headquarters are located at Andheri (E), Mumbai. The campus is spread over 12.5 acres of land and houses over 1,600 employees. Some of the facilities available
for the employees include a convenience store, a food court, an occupational health centre, a gym, a sports & recreation centre and a day care centre.[18] The Campus is designed by Mumbai-based architecture firm Kapadia Associates.[19] The campus received a certification from LEED (Leadership in Energy and Environmental Design)[20] Gold is a 'New Construction' category, by Indian Green Building Council (IGBC), Hyderabad, under licence from the United States Green Building Council (USGBC)
The company's previous headquarters was located at Backbay Reclamation, Mumbai at the Lever House, where it was housed for more than 46 years.[21]
Controversy Mercury pollution In 2001 a thermometer factory in Kodaikanal run by Hindustan Unilever was accused of dumping glass contaminated with mercury in municipal dumps, or selling it on to scrap merchants unable to deal with it appropriately.[22] After protest by activists led by Dr Deepak Malghan of IIM, Bangalore Hindustan Unilever
admitted before court to being guilty in the case in 2010.[23][24]
Skin lightening creams Hindustan Unilever's "Fair and Lovely" is the leading skin-lightening cream for women in India.[25] The company had to cease television advertisements for the product in 2007. Advertisements depicted depressed, dark-complexioned women, who had been ignored by employers and men, suddenly finding new boyfriends and glamorous careers after the cream had lightened their skin.[26] In 2008 Hindustan Unilever made former Miss World Priyanka
Chopra a brand ambassador for Pond's,[27] and she then appeared in a mini-series of television commercials for another skin lightening product, 'White Beauty', alongside Saif Ali Khan and Neha Dhupia; these advertisements, showing Priyanka's face with a clearly darker complexion against the visibly fairer Neha Dhupia, were widely criticised for perpetuating racism[28] and lowering the self-esteem of women and girls throughout India who were misled by HULN to believe that they needed to be white to be beautiful.
Triclosan
Several academic papers have pointed out the firm's continued use of the antibacterial agent Triclosan ('Active B') in India because it is under review by the American Food and Drug Administration (US FDA).[29]
Kumbh Mela Ad HUL's recent advertisement for its beverage Brooke Bond Red Label received a lot of flak from certain section of people in India. The advertisement tried to portray Kumbh Mela(the world's largest and most peaceful gathering of close to 120 million people) as a place where elderly people
get intentionally abandoned by their family members. This resulted in a severe backlash in the form of adverse hashtag trending on Twitter '#BoycottHindustanUnilever'. [30][31]
Awards The Institute of Competitiveness, India, has recognized Hindustan Unilever Limited’s Project Shakti for ‘Creating Shared Value’ and bestowed upon the company the Porter Prize for 2014.[32] It ranked number one on the Forbes list of ‘Most Innovative Companies’ across the globe for 2014 [33] and was ranked number
three on Fortune India’s list of India’s most admired companies in a list compiled with the help of a global management consultancy Hay Group.[34] It received an award from Dun & Bradstreet Corporate Awards in 2014.[35] and was Client of the Year at Effies 2013 – 2014.[36] It also received an award as a 'Conscious Capitalist of the Year' at the 2013 Forbes India Leadership Awards.[37] HUL won 12 awards overall with 4 Golds, 4 Silvers and 4 Bronzes at the 2013 Emvies Awards.[38] In 2013, HUL ranked number two on the on Fortune India's 2013 '50 Most Admired Companies list'.[39] and was declared the fourth most Respected Company in India
in a survey conducted by Business World in 2013.[40] As per a 2015 Nielsen Campus Trackbusiness school survey, Hindustan Unilever emerged among the top employers of choice for B-school students graduating that year . It has often been called a 'Dream Employer' for application by B-School students in India.[41][42][43][44][45] In 2012, HUL was recognised as one of the world's most innovative companies by Forbes. With a ranking of number 6, it was the highest ranked FMCG company.[46]
Hindustan Unilever Limited (HUL) won the first prize at FICCI Water Awards 2012 under the category of 'community initiatives by industry' for Gundar Basin Project, a water conservationist initiative.[47] Hindustan Unilever Limited won 13 awards at the Emvies 2012 Media Awards organised by the Advertising Club Bombay in September 2012.[48] The company received four awards at the Spikes Asia Awards 2012, held in September. The awards included one Grand Prix one Gold Award and two Silver Awards.[49]
HUL's Chhindwara Unit won the National Safety Award for outstanding performance in Industrial Safety. These awards were instituted by the Union Ministry of Labour and Employment in 1965.[50] HUL was one of the eight Indian companies to be featured on the Forbes list of World's Most Reputed companies in 2007.[51] In July 2012 Hindustan Unilever Limited won the Golden Peacock Occupational Health and Safety Award for 2012 in the FMCG category for its safety and health
initiatives and continuous improvement on key metrics.[52] Hindustan Unilever Limited is rated as best 3Ci Company which is registered with National Industrial Classification Code 15140.[53] Pond's Talcum Powder's packaging innovation has secured a Silver Award at the prestigious 24th DuPont Global Packaging Award, in May 2012.The brand was recognized for cost and waste reduction.[54] In May 2012, HUL & Star Bazaar received the silver award for 'Creating Consumer
Value through Joint Promotional and Event Forecasting' at the 13th ECR Efficient Consumer Response Asia Pacific Conference.[55] In 2011, HUL was named the most innovative company in India by Forbes and ranked 6th in the top 10 list of most innovative companies in the world.[56] Hindustan Unilever Ltd received the National Award for Excellence in Corporate Governance 2011 of the Institute of Company Secretaries of India (ICSI) for excellence in corporate governance[57]
In 2012, Hindustan Unilever emerged as the No. 1 employer of choice for B-School students who will graduate in 2012. In addition, HUL also retained the 'Dream Employer' status for the 3rd year running[58] Hindustan Unilever ranked No. 2 in Fortune India's Most Admired Companies list, which was released by Fortune India in partnership with the Hay Group. The company received the highest scores for endurance and financial soundness[59] HUL was ranked 47th in The Brand Trust Report 2014 published by Trust Research
Advisory. 36 HUL brands also featured in the list including Lux, Dove, Lipton, Vim, Kissan, Bru, Rexona, Close Up, Clinic Plus, Pond's, Knorr, and Pepsodent among others.[60] HUL emerged as the top 'Dream Employer' as well as the top company considered for application in the annual B-School Survey conducted by Nielsen in November 2010. This was the second successive year that HUL has been rated as the top 'Dream Employer' in India.[61] HUL has also emerged as the top employer of choice among the top six Indian Institutes of Management (IIMA, B, C, L, K and I).
HUL won three awards at the 'CNBC Awaaz Storyboard Consumer Awards' in 2011 – Most Recommended FMCG Company of the Year; Most Consumer Conscious Company of the Year and Digital Marketer of the Year.[62] The company was felicitated in April 2010 for receiving the highest number of patents in the year 2009 at Annual Intellectual Property Awards 2010.[63][21] In 2007, Hindustan Unilever was rated as the most respected company in India for the past 25 years by Businessworld, one of India's leading business magazines.[64]
The rating was based on a compilation of the magazine's annual survey of India's most reputed companies over the past 25 years. HUL is one of the country's largest exporters; it has been recognised as a Golden Super Star Trading House by the Government of India.[65]
See also Brooke Bond Taj Mahal Tea House – Hindustan Unilever's first tea house restaurant
Notes
1. "The Board of HUL" . hul.co.in. HUL. Retrieved 25 September 2014. 2. "Hindustan Unilever: Profit and loss (P&L), Financial Summary of Hindustan Unilever - NDTVProfit.com" . profit.ndtv.com. 3. "Introduction to HUL" . HUL. Retrieved 12 November 2015. 4. Srinivasan, Lalitha (31 July 2007). "Transition to new name was smooth: HUL" . Mumbai: The Financial Express. Retrieved 31 October 2013. 5. "GSK Consumer Healthcare to merge with Hindustan Unilever: Here are 10 things
you should know" . www.businesstoday.in. Retrieved 2019-03-08. 6. "HUL-GSK deal: 3,800 employees face uncertainty, decision awaited" . www.businesstoday.in. Retrieved 2019-03-08. 7. "HUL-GSK deal: 3,800 employees face uncertainty, decision awaited" . www.businesstoday.in. Retrieved 2019-03-08. 8. "HUL expects to complete merger with GSK Consumer Healthcare in 2019" . Medical Dialogues. Retrieved 20 January 2019.
9. "Most Trusted Brands 2014" . Economic Times. 22 October 2014. Retrieved 22 October 2010. 10. "Magnum Ice-cream" . Economic Times. 29 March 2013. 11. "Home care brands | Hindustan Unilever" . Hindustan Unilever. Archived from the original on 22 December 2011. Retrieved 10 February 2012. 12. "Magic – Water Saver" . 13. "Magic – Water Saver" . The Times of India. 25 June 2012. 14. "Personal care brands | Hindustan Unilever" . Hindustan Unilever. Archived
from the original on 29 December 2011. Retrieved 10 February 2012. 15. "TRESemmé" . Hindustan Unilever. 16. Overview of Research Centres on official website. Retrieved 12 August 2010 Archived 19 September 2010 at the Wayback Machine 17. Julia Finch, Business editor (15 November 2010). "Unilever unveils ambitious long term sustainability programme | Business" . The Guardian. London. Retrieved 10 February 2012. 18. "HUL moves to new campus | 2010 | Hindustan Unilever" . Hindustan Unilever. Retrieved 12 July 2012.
19. "Designed for leverage - Livemint" . livemint.com. Retrieved 2016-12-16. 20. "HUL Mumbai campus receives LEED India Gold Certification" . Indiainfoline.com. 15 September 2011. Retrieved 12 July 2012. 21. "Atlas Integrated Finance Ltd" . Aifl.net. Archived from the original on 3 November 2013. Retrieved 10 February 2012. 22. Jayaraman, Nityanand (April 2001). "Unilever's Dumping Fever" . Multinational Monitor. Archived from the original on 27 July 2001. Retrieved 31 October 2013. - via Ban.org.
23. Hiddleston, Sarah (11–24 September 2010). "Poisoned Ground" . Frontline. The Hindu. Archived from the original on 4 November 2013. Retrieved 31 October 2013. 24. Jayaraman, Nityanand (31 July 2010). "One gram mercury can kill a 25-acre lake. A plant has leached mercury for 10 years into Kodai" . Tehelka Magazine. Anant Media Pvt. Ltd. Retrieved 31 October 2013. 25. Anushay Hossain, The Color Complex: Is the Fixation Really Fair? , Sapna magazine, 10 March 2008 26. Dhillon, Amrit (1 July 2007). "India's hue and cry over paler skin" . Daily Telegraph.
Archived from the original on 12 July 2007. Retrieved 3 November 2013. 27. Priyanka Chopra is the new face of Ponds , Thaindian News, 6 May 2008 28. Criticism in India over skin-whitening trend , The Daily Telegraph, 10 July 2008 29. See for example Cross, Jamie; Street, Alice (August 2009) [2008]. " "Anthropology at the Bottom of the Pyramid" " (PDF). Anthropology Today. 25 (4): 4–9. Archived from the original (PDF) on 6 March 2012. Reprinted in Callan, Hilary; Street, Brian; Underdown, Simon, eds. (March 2013). Introductory Readings In Anthropology . Berghahn Books & The Royal Anthological
Institute. pp. 232–40. ISBN 9780857459688. 30. https://www.thehindubusinessline.com/co mpanies/hul-in-deep-water-over-kumbhtheme-ad/article26458602.ece 31. https://www.businesstoday.in/latest/trends /hindustan-unilever-faces-backlash-callingkumbh-mela-place-where-old-people-getabandoned/story/325349.html 32. "Award Descriptions & Winners 2014" . porterprize. 31 October 2014. 33. "The Worlds most innovative companies" . forbes. 31 October 2014.
34. "Most Admired Companies" . haygroup. 31 October 2014. 35. "Dun & Bradstreet Corporate Awards 2014" . Dun & Bradstreet. 31 October 2014. 36. "Effie India's 2014 Gala" . effie. 31 October 2014. 37. "Conscious Capitalist of the Year" . ForbesIndia. 31 October 2013. 38. "2013 Emvies Awards" . Hul.co.in. 18 September 2013. 39. " '50 Most Admired Companies list' " . exchange4media. Archived from the original on 30 November 2013. 40. " 'Most Respected Company in India' " . Businessworld. Archived from the original
on 2014-05-14. 41. Basu, Sreeradha D (13 February 2013). "Grooming people is in our genes, says HUL's Paranjpe" . Economictimes. 42. "Hindustan Unilever Limited has emerged as the No.1 employer of choice for B-School students" . Hindustan Unilever. 43. Choudhary, Vidhi (12 February 2013). "FMCG, management firms most preferred campus recruiters: Nielsen" . LiveMint. 44. "Advertising is the industry of the future: Nielson B-School Survey" . Exchange4Media. 13 February 2013. Archived from the original on 16 February 2013.
45. "HUL is employer of choice: Nielsen" . Business Standard. 13 February 2013. 46. "The World's Most Innovative Companies" . Forbes. Retrieved 7 November 2012. 47. "HUL, Tata Chemicals, six others bag FICCI Water Awards" . Indiawaterreview.in. 9 August 2012. Retrieved 7 November 2012. 48. "HUL Brands sweep 13 awards at Emvies 2012 | 2012 | Hindustan Unilever" . Hindustan Unilever. 3 September 2012. Retrieved 7 November 2012. 49. "Medal Winners" (PDF). Spikes Asia 2012 Festival of Creativity. 18 September
2012. Archived from the original (PDF) on 25 October 2012. 50. "HUL wins four awards at Spikes Asia 2012 | 2012 | Hindustan Unilever" . Hindustan Unilever. 24 September 2012. Retrieved 7 November 2012. 51. "The World's Most Reputed Companies" . Forbes.com. 20 November 2006. Retrieved 31 October 2013. 52. "Hindustan Unilever Limited won the Golden Peacock Occupational Health and Safety Award" . Hindustan Unilever Limited. 2012. Retrieved 31 October 2013. 53. "Hindustan Unilever Limited 3Ci Rating" . 3Ci. 15 December 2015. Retrieved
20 January 2016. 54. "Pond's Talcum Powder's packaging innovation has bagged a Silver Award at the prestigious 24th DuPont Global Packaging Award" . DuPont. 11 May 2012. Retrieved 31 October 2013. 55. "HUL & Star Bazaar bagged the silver award for 'Creating Consumer Value through Joint Promotional and Event Forecasting' " . Hindustan Unilever. 2012. Retrieved 31 October 2013. 56. "The World's Most Innovative Companies" . Forbes. Retrieved 10 February 2012.
57. "HUL, GAIL gets ICSI governance excellence awards" . India Times. 23 December 2011. 58. "FMCG sector most preferred by Bschool students: Nielsen Report" . India Times. 10 January 2012. 59. "Tata Steel, HUL, Colgate Palmolive in Fortune's most admired companies list" . AFAQS.com. 60. "India's Most Trusted Brands 2014" . Archived from the original on 2 May 2015. 61. "Hindustan Unilever is 'Dream Employer' in India for second successive year" . Hindustan Unilever. 25 January 2011. Retrieved 10 February 2012.
62. "Pepsi wins Ad Campaign of the Year at CNBC Awaaz Storyboard Consumer Awards 2011" . Campaign India. 18 October 2011. Retrieved 10 February 2012. 63. "HUL wins Annual Intellectual Property Award | 2010 | Hindustan Unilever" . Hindustan Unilever. Retrieved 10 February 2012. 64. "Business World - The Other 7 - Shock and Awe" . businessworld.in. p. 2. Archived from the original on 25 August 2008. Retrieved 1 November 2013. 65. "Hindustan Unilever Ltd Background details about Company Profile" .
Indiainfoline.com. Retrieved 10 February 2012.
External links Official website
Retrieved from "https://en.wikipedia.org/w/index.php? title=Hindustan_Unilever&oldid=888284507"
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