Issued by Nestlé
Nestlé achieves the majority of its commitments. This report shares some of how we created shared value and sustainability over the last decade across our planet, communities, individuals and families. Video
Nestlé has released its full Creating Shared Value (CSV) and Sustainability 'Progress Report 2020'. This year's report represents the completion of the majority of Nestlé’s public commitments. Video link
These commitments align with and support the UN Sustainable Development Goals (SDGs). They focus on promoting healthier lives for adults and children, improving livelihoods in the communities where Nestlé is present and protecting and restoring the environment. The report also explains how Nestlé plans to close the small gaps on the few commitments that remain.
“We are proud of what we have achieved so far, but now is the time to accelerate our efforts,” said Rob Cameron, Global Head of Public Affairs “Nestlé will work to create a resilient future for our planet and the communities where we operate.”
The report is verified by Bureau Veritas UK Limited, a widely recognized provider of testing, inspection and certification. It demonstrates how Nestlé is using food to enhance quality of life for everyone, today and for generations to come. Nestlé’s most notable achievements include the following:
Although Nestlé has closed a chapter on its 2020 commitments, the company has announced new commitments for the future. It has, for example, committed to making 100% of its packaging recyclable or reusable by 2025. It also plans to achieve net zero greenhouse gas emissions across the whole of its operations by 2050.
In December 2020, Nestlé published its detailed net zero roadmap with tangible, time-bound targets to reduce emissions, within and beyond its operations. Achieving this will require radical action across the whole value chain from working with 500 000 farmers and 150 000 suppliers to support them in implementing regenerative agricultural practices. Nestlé is also switching to renewable energy in factories and offices and looking for new innovative packaging solutions for its products.
Since its foundation, Nestlé has strived to create value both for its shareholders and for society. The conclusion of its 2020 commitments is another step in this ongoing journey which Nestlé will accelerate. New commitments will be announced later this year.
Read the full Nestlé Creating Shared Value 'Progress Report 2020'.
Nestlé Media Relations,
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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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