Nestlé to establish water and beverages operations as standalone global business
The company has successfully decoupled its growth from its emissions and is on track to reach a 20 per cent absolute reduction of GHG emissions by 2025
Nestlé achieved a net reduction of 13.5 per cent 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 per cent in methane emissions. The company has successfully decoupled its growth from its emissions and is on track to reach a 20 per cent 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 (scopes 1, 2 and 3). In 2023, 94 per cent of the decline of Nestlé’s GHG emissions came from reductions in its operations and supply chain.
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 the 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 farmer’s 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.