Nestle S A : Nestlé reduces its greenhouse gas emissions in 2023 and delivers significant progress against its net zero ambition
March 12, 2024 at 04:18 am EDT
Share
Nestlé reduces its greenhouse gas emissions in 2023 and delivers significant progress against its net zero ambition
Share this page
Mar 12, 2024
Nestlé reduces its greenhouse gas emissions in 2023 and delivers significant progress against its net zero ambition
Nestlé achieved a net reduction of 13.5% of its greenhouse gas (GHG) emissions in 2023 compared to its 2018 baseline, while continuing to grow its business over the same period. This included delivering a reduction of more than 15.3% in methane emissions. The company has successfully decoupled its growth from its emissions and is on track to reach a 20% absolute reduction of GHG emissions by 2025.
These significant reductions in GHG emissions come from programs and initiatives implemented across all three scopes of activities (scope 1, 2 and 3). In 2023, 94% of the decline of Nestlé's GHG emissions came from reductions in its operations and supply chain.
Antonia Wanner, Group Head of ESG Strategy and Deployment at Nestlé said "Our progress on emissions reductions is proof of our unwavering commitment to our net zero roadmap. We are working closely with our partners to help make food production more sustainable, while aiming at enhancing livelihoods across our value chain at the same time. A just transition is crucial to accelerate our efforts."
More than two-thirds of Nestlé's GHG emissions come from sourcing its ingredients, and dairy is the single largest source of emissions. To tackle emissions at farm level, Nestlé is working with its suppliers and the farmers it sources from to help them transition to regenerative agriculture practices, based on five key pillars of action: diverse cropping systems and livestock integration, biodiversity, collective and landscape actions, soil health, and water security and quality. All measures are tailored to the region concerned and are locally relevant.
The company is committed to providing technical, collaborative, or financial assistance to support a just transition for the farmers with whom it works. The work in coffee, through the Nescafé Plan 2030 and the Nespresso AAA Sustainable Quality™ Program, or in cocoa, through the Income Accelerator Program, are helping increase productivity and improve farmers livelihoods. One quarter of the reductions achieved in 2023 came from dairy and livestock projects such as our initiatives under the Ninho brand in Brazil.
At the end of last year, 15.2% of Nestlé's raw materials were sourced from farmers adopting regenerative agriculture practices. The company's ambition is to get to 20% by 2025.
Nestlé is also making its own operations more energy efficient and is increasing its use of renewable electricity. As of the end of 2023, 91.9% of the sourced electricity in its global manufacturing sites was from renewable sources.
Looking ahead, Nestlé is working on further reducing emissions through a combination of agroforestry, deforestation prevention and new farming practices, while boosting innovation both in products and in agri-tech through its own research and development and external partnerships.
Nestlé has approved near and long-term science-based emissions reduction targets with the SBTi. The SBTi has validated Nestlé's net-zero science-based target by 2050. These targets include its specific Forest, Land and Agriculture (FLAG) sector objectives for 2030 and 2050. The company is delivering its roadmap through emissions reductions and value chain removals. It does not use offsets/voluntary market credits to deliver against its SBTi-validated targets.
Nestlé's 2023 Key Performance Indicators (KPIs) are EY assured and available in Nestlé's Creating Shared Value and Sustainability Report 2023 (pdf, 19Mb).
Join Nestlé's live virtual event on March 12 at 3pm CET to know more about the company's progress in 2023.
You may also be interested in
story-teaser-5 Brand innovations leading the way at Nestlé
5 Brand innovations leading the way
Last year's innovations at Nestlé showed a surprising side to the future of food
Read More
story-teaser-3 Crafty packaging changes
3 Crafty packaging changes making a difference
We've trimmed the packaging of your favorite brands
Read More
story-teaser-Water stewardship
Water stewardship
Encouraging other organisations to follow the AWS Standard
Read More
story-teaser-Affordable nutrition
Affordable nutrition
How Nestlé is taking action to help tackle hunger and malnutrition
Read More
story-teaser-Brands taking action
Brands taking action
3 brands having a positive impact on sustainability
Read More
Stay up-to-date with our latestnews
Sign up
Attachments
Original Link
Permalink
Disclaimer
Nestlé SA published this content on
12 March 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
12 March 2024 08:17:06 UTC.
Nestlé S.A. is the world's leading agri-food group. Net sales break down by category of products as follows:
- powdered and liquid beverages (26.7%): soluble coffees (Nescafé and Starbucks brands), coffee in capsules (Nespresso), chocolate drinks (Nesquik, Milo, etc.), tea drinks (Nestea), etc.;
- pet food (20.3%): brands such as Purina, Friskies, Felix, etc.;
- pharmaceutical, nutrition and well-being products (16.4%): nutritional supplements (Resource, Boost, Nutren, Optifast, Peptamen brands, etc.), infant and maternal nutrition products (NAN, illuma, Cerelac, Nido, Gerber), ketogenic beverages (BrainXpert), (Nesquick, Fitness, Cheerios, Lion, etc.), etc.;
- ready meals and seasoning products (12.5%): frozen and chilled dishes (Lean Cuisine, Hot Pockets and Stouffer's brands), soups (Maggi), etc.;
- dairy products and ice cream (11.8%): powdered milk, sweetened condensed milk, yoghurt and cream desserts, ice cream (Nido, Nesvita, Carnation, La Laitière, Coffee Mate, Nestlé Ice Cream, Dreyers, Häagen-Dazs, Extrême brands, etc.);
- chocolates, sweets and biscuits (8.7%): Kit Kat, Smarties, Cailler, Terrafertil, etc. brands;
- bottled waters (3.6%): Nestlé Pure Life, Vittel, Perrier, S. Pellegrino, etc. brands.
Net sales are distributed geographically as follows: Switzerland (1.2%), France (3.8%), the United Kingdom (3.8%), Germany (2.4%), Europe (12.8%), the United States and Canada (35%), China (5.9%), Asia and Oceania (21.4%) and Latin America (13.7%).