BusinessDay

Nestlé says redoubles efforts to combat climate change

As a signatory of the UN ‘Business Ambition for 1.5°C’ pledge, Nestlé is one of the first companies to share its detailed, timebound plan and to do so ahead of schedule.

The company said it is taking measures to halve its emissions by 2030 and achieve net-zero by 2050 – even as the company grows.

Actions focus on supporting farmers and suppliers to advance regenerative agriculture, planting hundreds of millions of trees within the next 10 years and completing the company’s transition to 100 percent renewable electricity by 2025.

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Additionally, Nestlé is continuously increasing the number of ‘carbon neutral’ brands. Nestlé Chairman Paul Bulcke said, “The Board recognizes the strategic importance of taking decisive measures to address climate change. It supports accelerating and scaling up our work to ensure the long-term success of the company and to contribute to a sustainable future for generations to come.”

This roadmap is the result of a complete review of Nestlé’s businesses and operations to understand the depth of the challenge and determine the actions needed to address it. The company emitted 92 million tonnes of greenhouse gas emissions in 2018, which will serve as the baseline for measuring progress.

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