Unilever has announced it will invest €1 billion (about $1.12 billion based on exchange rates this week) over the next decade in efforts to tackle climate change and deliver on a new goal to ensure net zero emissions across its value chain by 2039. The consumer goods giant unveiled its new Climate and Nature Fund on Monday as it set out a raft of fresh sustainability goals, which include plans to end deforestation in its supply chain and communicate the carbon footprint of every product it sells. The new 2039 target builds on existing sustainability goals to reach carbon neutrality across its operations and halve its value chain emissions by the end of the decade. Unilever CEO Alan Jope emphasized the company intended to eschew a sustainability strategy that focused on emissions alone and instead take a holistic approach. "Climate change, nature degradation, biodiversity decline, water scarcity — all these issues are interconnected, and we must address them all simultaneously," he said.