Submitted by Nestlé
Nestlé today announced its ambition to achieve zero net greenhouse gas emissions by 2050. It embraces the most ambitious aim of the Paris Agreement, to limit global temperature rise to 1.5°C. Ahead of the U.N. Secretary-General’s Climate Action Summit this month, Nestlé will sign the ‘Business Ambition for 1.5°C’ pledge.
With this announcement Nestlé is accelerating its climate change efforts. This builds on a decade of work to reduce greenhouse gas emissions. Over the past four years, Nestlé has aligned its objectives with science-based targets to keep the temperature increase below 2°C. The company is determined to play a leading role in tackling climate change. Over the next two years, it will lay out a time-bound plan including interim targets consistent with the 1.5°C path. Nestlé will review its progress annually to ensure it is on track.
"Climate change is one of the biggest threats we face as a society. It is also one of the greatest risks to the future of our business," said Mark Schneider, Nestlé CEO. "We are running out of time to avoid the worst effects of global warming. That is why we are setting a bolder ambition to reach a net-zero future. Deploying Nestlé’s global resources and industry know-how, we know we can make a difference at significant scale. Our journey to net zero has already started. Now, we are accelerating our efforts," he added.
To achieve its 2050 ambition, some of the company’s specific actions include:
Magdi Batato, Executive Vice President, Head of Operations at Nestlé said: "To align our goals to the 1.5°C pathway, we are transforming our operations. This will lead to a major shift in the way our ingredients are produced and sourced. We will need our suppliers to embark on this journey with us. The task is huge but we are determined to make it happen."
Nestlé’s 2050 ambition adds to its ongoing work to reduce greenhouse gas emissions across its value chain. The company is making its distribution networks and warehouses more efficient by optimizing routes to reduce fuel consumption and to lower carbon emissions. In the company’s top 100 distribution centers, greenhouse gas emissions have decreased by close to 40% over the past four years. Nestlé has intensified its activities to ensure the responsible sourcing of its raw materials and it has made significant progress toward its zero deforestation goal. Since 2014, the reduction of greenhouse gas emissions across its entire value chain is equivalent to taking 1.2 million cars off the road.
Christoph Meier Tel.: +41 21 924 2200
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Nestlé©, with headquarters in Vevey, Switzerland, was founded in 1866 by Henri Nestlé© and is today the world's leading nutrition, health and wellness company. Sales at the end of 2013 were CHF 92bn. We employ 333 214people and have 456 factories in 86 countries.
Nestlé© believes that for a company to be successful in the long term and create value for its shareholders, it must also create value for society. At Nestlé© this begins with the creation of superior long term value for shareholders by offering products and services that help people improve their nutrition, health and wellness, Creating Shared Value is the approach Nestlé© takes to the business as a whole.
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