Our purpose is to unlock the power of food to enhance quality of life for everyone, today and for generations to come.
Creating Shared Value (CSV) is at the heart of Nestlé’s approach to achieving our purpose. We have sought to build our business approach on decisions that are not just good for us and our shareholders, but for society and the planet as well.
In September 2021, we announced our intention to advance regenerative food systems at scale. This means supporting the development of food systems that aim to protect, renew and restore the environment, improving the livelihoods of farmers and enhancing the resilience and wellbeing of farming communities. That is what we mean by a ‘just transition’. Farmers and communities should be supported through this change and benefit from it.
Our commitments to achieve net zero greenhouse gas emissions by 2050 at the latest and on regenerative agriculture, our Forest Positive strategy and the Nestlé Waters pledge are good examples of our potential to positively impact a wide range of interconnected issues, while remaining firmly grounded in a metric-driven, outcome-focused approach.
Climate change is one of society’s greatest challenges. It is also one of the greatest risks to the future of our business.
Solving it requires all of us to act with great urgency. Nestlé may be only one player, but we have the size, scale and reach to influence many more and to inspire collective action.
From now until 2025, we will accelerate and expand the work already undertaken to achieve a 20% reduction in emissions. Between 2025 and 2030, we will transform our operations to achieve a 50% reduction of emissions. And finally, from 2030 to 2050, we will work to balance our emissions by exploring how we offset any remaining emissions through high-quality carbon removal projects or innovation, the result of which will be net zero emissions.
To achieve those milestones we are taking action across agriculture, our operations and products, including:
Nestle will measure progress by tracking absolute carbon dioxide equivalent reductions in millions of tonnes:
I. Deforestation-free supply chains
Nestlé will assess the percentage of in-scope supply chains that are deforestation-free using tools such as supply chain mapping, on-the-ground assessments, certification and satellite monitoring, with a goal of 100% deforestation free by 2022 for meat, palm oil, pulp and paper, soya and sugar primary supply chains, and by 2025 for coffee and cocoa.
II. Long-term forest conservation and restoration in our supply chains
Nestlé will measure the number of trees secured for planting each year through its reforestation projects, aiming to grow 200 million trees by 2030.
III. Sustainable landscapes
Nestlé will measure the number of sustainable landscape initiatives supported, with a view to supporting 15 initiatives by 2023.
Nestlé Waters will measure the number of projects to advance the regeneration of local water cycles around its 48 global waters sites. Our plan is to implement more than 100 projects and help create a positive water impact everywhere we operate by 2025.
Nestlé will measure progress by tracking the percentage of our packaging that is recyclable or reusable, with a goal of 100% by 2025.
Nestlé will measure progress by tracking the percentage reduction in virgin plastics use, with a goal of reducing our use of virgin plastics by one third by 2025
Nestlé will measure progress by tracking the percentage of key ingredients that are produced sustainably, with a goal of 100% by 2030.
Nestlé will measure success by publishing salient issue action plans for our 10 salient issues. By 2025, we will be reporting on our progress on implementing our salient issue action plans.
Nestlé will measure progress by tracking the number of young people with access to economic opportunities, with a goal of 10 million by 2030.
Nestlé will measure progress by tracking the proportion of women in our top 200+ senior executive positions, with the aim of increasing this to 30% by 2022
Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.