Nestlé is signaling its pledge to tackle climate change with the announcement it is targeting zero net greenhouse gas emissions by 2050. As part of its strategy, Nestlé says it will sign the “Business Ambition for 1.5°C” pledge, which aims to limit global temperature rise to 1.5°C.
- Speeding up the transformation of its products in line with consumer trends and choices. Nestlé says it plans to introduce more products with a better environmental footprint, including more plant-based food and beverage options. The company also says it will reformulate its products to use more climate-friendly ingredients. A move to alternative packaging materials also is in the works, the company says.
- Scaling up initiatives in agriculture to absorb more carbon. Nestlé says it intends to strengthen its programs with farmers to restore land and limit greenhouse gas emissions. The company also plans to step up efforts to protect forests by replanting trees and enhancing biodiversity.
- Using 100% renewable electricity. While a third of Nestlé’s facilities already use 100% renewable electricity, the company says it will continue to increase the percentage of plants that use energy from renewable sources.