Is it true that you only provide a limited amount of public information on your net zero targets and performance on reducing carbon emissions?
No, we don’t agree with this view. Since making our net zero commitment in 2019, we have consistently communicated Nestlé’s objectives on climate change, including the investments being made to decarbonize our company and supply chain. Our detailed annual reporting on progress includes information across different areas – such as purchasing renewable electricity and working with farmers to reduce emissions.
Will Nestlé only achieve a 16-24% reduction in GHG emissions by 2030, rather than the 50% reduction stated in your roadmap?
No, this is not accurate. Through a combination of reductions and removals, we aim to decrease Nestlé's in-scope emissions in absolute terms by 50% by 2030. We expect our emissions in 2030 to equal approximately 46.5 million tonnes of CO2e versus the 91.2 million tonnes of CO2e from our 2018 baseline. We have already reduced our absolute GHG emissions by 13.5% (versus our 2018 baseline) and remain on track to reach our objectives.
Your Net Zero Roadmap includes the use of carbon removals - is this a viable strategy?
Reductions alone will not be enough to reach net zero in the food and agriculture sector. We have a big opportunity to deliver carbon removals that harness the power of nature in our sourcing locations. Nestlé is working with farmers to transform the way food is grown, moving to regenerative agriculture practices that both reduce emissions and remove carbon from the atmosphere. And we are making good progress on our Global Reforestation Program that aims to grow 200 million trees worldwide by 2030 in areas linked to our sourcing activities.
The NCI report states that all of Nestlé’s climate targets rely on offsetting. Is this true?
No, our climate roadmap doesn’t use offsetting. To achieve our net zero ambitions, we are focused on reducing and removing GHG emissions in our operations and supply chain. 94% of the decline in our emissions in 2023 came from carbon reductions, with the remainder delivered by high quality carbon removals from areas where we source our ingredients.
What's your ambition regarding the use of renewable electricity? Why don’t you provide more detail on this?
To date, more than 90% of the electricity we use across our sites is purchased from renewable sources. Details on the amount of renewable electricity we purchase year on year is publicly available on global disclosure websites such as CDP including the breakdown per country where we have the largest operations. Our CDP submissions are also available on our website.
