Skip to content
Search
AI Powered
Latest Stories

Nestle aims to halve carbon emissions by 2030 with multi-billion push

Swiss food giant Nestle on Thursday unveiled a multi-billion programme to slash its carbon footprint, aiming to halve emissions by 2030.

As well as targeting zero net emissions by 2050, Nestle's new long-term road map calls for its 800 factories and production sites around the world to switch to 100 percent renewable electricity by 2025.


The conglomerate said it would plant 20 million trees each year over the next decade to help boost reforestation.

In 2018, the world's largest food company emitted some 92 million tonnes of greenhouse gases, it said, adding that was using that as its baseline for measuring progress.

"Tackling climate change can't wait and neither can we. It is imperative to the long-term success of our business," Nestle chief Mark Schneider said in a statement.

"We have a unique opportunity to address climate change, as we operate in nearly every country in the world and have the size, scale and reach to make a difference," he said, insisting the company was intent on reducing "our environmental footprint."

Chairman Paul Bulcke said the group wants to "contribute to a sustainable future for generations to come."

Nestle, which owns KitKat, Nespresso and Maggi among other brands, said it was working with hundreds of thousands of farmers and suppliers to implement so-called regenerative agriculture practices.

"With nearly two-thirds of our emissions coming from agriculture, it is clear that regenerative agriculture and reforestation are the focal points of our path to net zero," said executive vice-president Magdi Batato.

Nestle also said it was boosting its plant-based offerings, with several of its vegetarian and vegan brands due to become carbon neutral within a few years.

In total, Nestle said these changes will cost the company some 3.2 billion Swiss francs (£2.72 billion) over the next five years.

Nestle, whose international brands include Perrier, San Pellegrino and Acqua Panna, is furthermore considering selling its water bottling operations in North America, where environmental campaign groups have criticised its water withdrawal activities.

Greenpeace lambasted Nestle, along with Coca-Cola and PepsiCo earlier this week, for being the world's worst plastic packaging polluters for a third consecutive year.

The environmental group also last year accused the food giant, along with competitor Unilever, of not respecting a 2010 commitment to reach net zero deforestation within a decade, maintaining that the pace of deforestation linked to commodities had instead increased "dramatically".

Last year, Nestle opened a research institute in Lausanne aimed at studying alternatives to plastic packaging, as it targets 100 percent recyclable packaging by 2025.

More for you

Post Office Horizon scandal

Post Office Horizon scandal

Getty Images (Photo by Dan Kitwood/Getty Images)

Over £663m paid to Post Office Horizon victims, says government

Approximately £663 million has been paid to over 4,300 claimants across four schemes for the victims of Post Office Horizon scandal. This is up from £594 million figure reported last month.

Sharing the latest report, Department for Business and Trade (DBT) stated on Friday (7) that £315 million has been paid under Horizon Shortfall Scheme (HSS), including interim payments while £128 m has been paid under Group Litigation Order (GLO) Scheme.

Keep ReadingShow less
Post Office Horizon scandal: Keith Bell Wins £600K Compensation

Post Office Horizon scandal

Photo by ADRIAN DENNIS/AFP via Getty Images)

Stockton former sub postmaster receives Horizon compensation

A former sub-postmaster who was wrongly convicted amid the Horizon scandal has recently received a £600,000 settlement.

Keith Bell, 76, was a sub-postmaster in Stockton, Teesside, between 1987 and 2002, when he was convicted of false accounting. He had to do 200 hours of community services when he was convicted.

Keep ReadingShow less
​James Hall & Co. Ltd marks  National Apprenticeship Week

James Hall & Co. Ltd marks National Apprenticeship Week

James Hall & Co. Ltd

James Hall celebrates National Apprenticeship Week 2025

James Hall & Co. Ltd is celebrating apprentices across the business during National Apprenticeship Week 2025.

Under the theme of ‘Skills for Life’, apprentices in a range of departments from IT to marketing, food and drink processing to facilities and maintenance, and butchery to retail are being acknowledged.

Keep ReadingShow less
Coca-Cola reports strong Q4 and full-year 2024 results

Coca-Cola plant in Whitestown, Indiana, US. The beverage giant reported strong Q4 and full-year 2024 results

Coca-Cola reports strong Q4 and full-year 2024 results, driven by pricing and volume growth

The Coca-Cola Company on Tuesday announced robust fourth-quarter and full-year 2024 results, demonstrating the effectiveness of its “all-weather strategy” amidst a dynamic global landscape.

The beverage giant reported a 6 per cent increase in net revenues for the fourth quarter, reaching $11.5 billion (£9.24bn), while organic revenues surged by an impressive 14 per cent. For the full year, net revenues grew 3 per cent to $47.1bn, with organic revenue up 12 per cent.

Keep ReadingShow less
Heineken Sales

Heineken 2024 sales see slight decline

Photo: iStock

Heineken's 2024 sales see slight decline despite volume growth

Dutch brewer Heineken on Wednesday reported a slight dip in sales for last year, mainly due to currency fluctuations, although overall beer volumes increased.

The world's second biggest brewer after AB InBev said revenue in 2024 came in at €36 billion (£30bn), compared to the €36.4bn it made the year before.

Keep ReadingShow less