THE VALUE OF CORPORATE BRANDING ‘The Unilever Story’ Amal Cabraal - August 2008 The Value of Corporate Reputation A study of FTSE 250 companies shows that, on average, reputation accounts for 27% of a company’s market capitalisation Bell Pottinger and Fortune More than just a logo A corporate brand is a product of an organisation's corporate strategy, mission, image, and activities that distinguishes an organisation from its competitors, and creates a perception of what an organization stands for Importance of the Corporate Brand TRUST ( with all stakeholders) RELATIONSHIPS - Rewarding brand experience for the consumer - Embraces consumer power - Authenticity CARE Deep rooted engagement with the community REWARDS - Premium pricing “stand out of the pile” - Creates shareholder value The Unilever Story Unilever The Company Formed in 1930 by the merger of Margarine Union & Lever Brothers, operating in 150 countries Market capitalization of $ 90 bn and $ 55 bn in Revenues Fortune 500 ranking 95th in Profits and 122nd in Revenues Unilever The Company Leading global consumer goods company in Home & Personal Care and Foods Skin Care Global No. 1 position in 8 categories Unilever Sri Lanka Ltd Lever Bros (Thai) Co Ltd - 1954 Lever Bros Bangladesh Ltd Lever Brothers Zimbabwe – 1943, 1947, 1964 Hindustan Lever Ltd Lever Ghana - 1787 Niger SPCN 1967 East Africa Industries Ltd Lever Bros NZ-1899 Unilever South East Africa – March 2003 Lever Ghana 1787 Unilever Foods – 1998, Australasia Unilever Taiwan Ltd Unilever Foods – Australasia, 1998 Unilever Nigeria Plc Unilever Arabia Unilever Philippines 1994 Unilever Taiwan Ltd Unilever South Africa Lever Brothers (Malaya) Ltd Unilever Vietnam Joint 1947 Venture Lever Brothers (Malaysia) Sdn Bhd 1967 Lever Vietnam Lever Brothers - 1963 Unilever South Africa Unilever (Malaysia) Holdings Sdn Bhd 1994 Unilever Philippines 1997 Unilever Thai Holdings Co Ltd 1997 Building the Corporate Brand Shaping the future Vitality Symbols A New Mission Unilever’s mission is to add vitality to life. We meet everyday needs for nutrition, hygiene, and personal care with brands that help people feel good, look good and get more out of life. Building the Corporate Brand The Big Idea Integrating social, economic & environmental impact of our business into our Mission Unilever The Brand Today • Corporate brand firmly embedded in the Vitality Mission • Social, economic & environmental impact integrated into the way we work • Greater clarity of the corporate brand • Logo/symbols more distinct and recognizable • Deeper trust with customers and consumers • Strategic approach to corporate branding Adding Vitality to Life Industry Thought Leadership Deep-rooted Community links Strong Business Results Valued Employer Brand Good Governance Unilever Sri Lanka Corporate Brand Framework Unilever Sri Lanka “I have always believed that the company name is the life of an enterprise” Akio Morita, founder of Sony “It takes years to build a reputation. But just 5 minutes to destroy it” Warren Buffet Adding Vitality to Life