Nestlé Australia has just announced the introduction of the Harvest Gourmet Incredible Burger, expanding Nestlé’s global presence in the meat-free market.
The launch follows the introduction of the Garden Gourmet Incredible Burger in Europe, and the Sweet Earth Awesome Burger in the United States.
Harvest Gourmet already offers people in Australia a wide range of vegetarian and vegan dishes, from meat alternatives to veggie-centric foods.
For more information, read the press release by Nestlé Australia.
The Nestlé Board of Directors has decided to integrate the Nestlé Waters business into the Group’s three geographical Zones, effective January 1, 2020. A dedicated Strategic Business Unit (SBU) will be created and report to Patrice Bula, member of the Executive Board and Head of Strategic Business Units, Marketing & Sales. The new Waters SBU will ensure strategic alignment globally and manage core global functions.
Nestlé also announces changes to its Executive Board:
Maurizio Patarnello, Deputy Executive Vice President and Head of Nestlé Waters, will leave the Nestlé Executive Board on December 31, 2019. He will continue to advise Nestlé Waters in order to ensure a smooth transition to the new organizational structure. Maurizio has a genuine passion for Nestlé Waters' iconic brands and has overseen the launch of innovative products that meet new consumer trends. The Board of Directors and the Executive Board express their sincere gratitude and appreciation to Maurizio for his leadership at Nestlé Waters.
The Nestlé Board of Directors has appointed Sanjay Bahadur, currently Head of Acquisitions and Business Development, to the Executive Board as Deputy Executive Vice President, effective January 1, 2020. Sanjay will head the newly created Group Strategy and Business Development function, which will support Nestlé in identifying internal and external strategic growth opportunities. The new function will also manage external partnerships and licensing agreements for the Nestlé Group and oversee the company’s corporate venture capital activities. Sanjay joined Nestlé in June 1982. He has extensive market experience having worked in India, Switzerland, Hong Kong, Turkey and China. He was CFO for the Greater China Region prior to assuming his role as Head of Acquisitions and Business Development.
Read the full press release
Mark Schneider, Nestlé CEO:"We are pleased with our nine-month results and have made further progress towards our 2020 financial goals. We continue to see good momentum in our largest market, the United States and very strong growth for Purina PetCare globally. Nestlé’s growth was supported by investment behind our brands, rapid innovation and disciplined execution. During the third quarter, the roll-out of Starbucks products continued, now reaching 34 countries. Our portfolio transformation is fully on track, as shown by the timely completion of the Nestlé Skin Health disposal. With prudent investments and a disciplined approach to acquisitions our value creation model is generating profitable growth and attractive cash returns for our shareholders."
Read the full press release
Follow the Investor call webcast hosted by Mark Schneider, Nestlé Chief Executive Officer, and François-Xavier Roger, Nestlé Chief Financial Officer live at 14:00 CEST.
Nestlé and one of its employees have today been recognized by the World Business Council for Sustainable Development (WBCSD) for advancing gender balance in the workplace.
This underscores the work Nestlé has been doing to empower women across its value chain and provide equal opportunities for everyone at the company. Earlier this year, Nestlé laid out an action plan to increase the number of women in senior executive positions globally.
The 2019 Leading Women Awards also showcased outstanding business leadership of women who are working to contribute to the Sustainable Development Goal 5 to achieve gender equality and empower all women and girls. Ghazal Nemati, Supplier & Agriculture Development Manager at Nestlé, was named amongst the women leaders who are advancing sustainability in their company.
Commenting at the 2019 Leading Women Awards ceremony in Lisbon, Magdi Batato, Executive Vice President, Head of Operations at Nestlé, said: "It is a pleasure to see that our efforts to empower women across the value chain are recognized by WBCSD. At Nestlé, we made diversity and inclusion one of our top priorities, and this award gives us positive momentum to do even more. We hope that our initiatives on the ground will inspire others to improve the livelihoods of women around the world. We will continue to work hard to support both men and women to further advance diversity and inclusion at Nestlé."
Gender balance is a key component of Nestlé’s approach to diversity and inclusion. It is an integral part of the company’s culture and is one of the ways Nestlé brings its purpose and values to life.
Peter Bakker, President and CEO of WBCSD said : "Nestlé’s ambitious goal to empower women in its supply chain, as well as its efforts in advancing gender balance in the company, are an outstanding contribution towards achieving the Sustainable Development Goal 5, focused on gender equality, and having a positive impact at scale."
Read the full WBCSD press release (pdf, 360Kb)
To mark the start of European Vocational Skills Week, Nestlé and the Europe-wide partners of 'Alliance for YOUth' have announced that, over the past three years, they have offered more than 215,000 jobs, apprenticeships and traineeships.
Marco Settembri, Nestlé's CEO for Zone Europe, Middle East and North Africa (EMENA) said: "I am proud of the results we have accomplished with the ‘Alliance for YOUth’. We will continue to promote this as a path to excellence for young people."
Nestlé collaborates with its 'Alliance for YOUth' partners on innovative projects to promote apprenticeships and youth employability – as the one announced today. Nestlé will launch a pilot project with Microsoft on the digital skills certification of its apprentices. The first cycle of the pilot will involve more than 60 apprentices from Nestlé factories in France: Upon completion of a digital skills workshop over a three-month period, they will receive a certification by Microsoft.
'Alliance for YOUth', a business-driven initiative with 340 member companies in Europe, is set to meet its commitment to provide 230,000 job and training opportunities to young people across EMENA by 2020.
Read the full press release (pdf, 500Kb)
Nestlé announced today that it has developed vegan alternatives to cheese and bacon, designed to complement its existing plant-based burger patties. This makes it the first food and beverage company to develop and produce all three essential elements for a no-compromise plant-based ‘bacon cheeseburger’.
This complete burger solution will first be offered to professional clients such as restaurant and foodservice operators. Nestlé’s plant-based burger patties are already available to food professionals, with the full package including the vegan alternatives to cheese and bacon following in 2020.
Nestlé CEO Mark Schneider said, “More and more consumers are looking for delicious, nutritious and sustainable plant-based options when they dine out. We have now raised the bar by developing a ‘PB triple play’ of ingredients for an all-time classic: the bacon cheeseburger. We’re continuing to make good on our promise to offer consumers food that is right for them and right for the planet.”
Nestlé today announced the closing of the sale of Nestlé Skin Health to a consortium led by EQT and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for a value of CHF 10.2 billion.
This follows the completion of customary regulatory approvals and closing conditions.
Read the press release
Nestlé is introducing paper straws for its packaged drinks in Indonesia and Malaysia, replacing plastic straws. This is another step forward in Nestlé's ambition to make 100% of its packaging recyclable or re-usable by 2025.
In Indonesia, the Nescafé ready-to-drink varieties Lively Yuzu and Cool Coconut will feature paper straws from the fourth quarter of this year. Starting in December, Nestlé Malaysia will pilot paper straws for its Milo UHT 125ml drink packs. These changes alone will avoid the use of a total of 70 million plastic straws across the two countries in a year’s time.
Following these pilot initiatives, paper straws will be used for other ready-to-drink products in the region.
The two market innovations are part of Nestlé’s broader vision and action plan to achieve a waste-free future. Amongst other measures, Nestlé announced in January that it would eliminate all plastic straws from its products. The company has already started introducing paper straws on products in Brazil and the Dominican Republic.
Nestlé Health Science (NHSc) announced today an investment in Before Brands, specialists in early childhood allergy prevention. With its significant minority stake, NHSc has acquired the exclusive licensing rights to Before Brands' products outside the United States and also has an option to purchase all remaining equity in Before Brands in the future.
Before Brands is the inventor of the SpoonfulOneTM line, the most advanced childhood nutritional products available to reduce food allergy development risk with 16 key allergens – more than 90% of foods associated with global food allergies and more than any other brand on the market. The core technology is based on research and intellectual property licensed from Stanford University, training the child’s immune system through consistent feeding over months to years.
"This investment enhances our growing business with a new dimension: allergy prevention," said Greg Behar, CEO of Nestlé Health Science. "The prevalence of food allergies among children is increasing, however, studies have shown that consistently exposing children at a very early age to a potential food allergen can reduce the development of an allergy to that food by up to 80 percent. It would be very difficult for parents to achieve this kind of consistent immune-system training to 16 different allergens on their own; SpoonfulOneTM is a convenient and natural solution that fits with the Nestlé Health Science mission of healthier lives through nutrition."
"With Nestlé Health Science, we have secured the ideal partner so that we may advance our mission to help families around the world benefit from SpoonfulOne’s advanced protein science and the new recommendations that advocate proactive, long-term feeding strategies to reduce food allergy development risk," said Ashley Dombkowski, Ph.D., co-founder and CEO of Before Brands. "Their expertise and global footprint will allow us to accelerate education, commercialization, and distribution activities globally."
Read the full press release
Nestlé is expanding its plant-based food range in the United States, its largest market, and in its home country of Switzerland.
The launches come just days after Nestlé announced its ambition to achieve zero net greenhouse gas emissions by 2050, including by offering more plant-based food and beverages.
In both countries, Nestlé is launching plant-based burgers and grounds, with ingredients and recipes customized to meet local tastes. All the products look and cook like raw beef and provide a juicy, meat-like taste and texture.
In the United States, Sweet Earth Foods has announced the launch of their newest products, the Awesome Burger and Awesome Grounds. Both deliver on the taste and texture of beef with the environmental and nutritional benefits offered by plant-based proteins.
The Awesome Burger is made with yellow pea protein, resulting in a burger that is high in protein and fiber. Sweet Earth’s Awesome Grounds will provide the same plant-based protein in a ground version that allows greater flexibility to cook various meals and sides, such as meatballs and tacos. Acquired by Nestlé in 2017, Sweet Earth has over 60 plant-based products in their portfolio.
In Switzerland, Nestlé is introducing its Garden Gourmet Incredible Burger and the new Garden Gourmet Incredible Mince. The two add to the already expanding Garden Gourmet range in Switzerland, which also includes many ‘veggie-centric’ options. The burger is made from soy and wheat protein and the mince from soy protein. Both contain natural plant extracts – beetroot, carrot, and bell pepper – and vegetable fats including chopped coconut oil.
The new Garden Gourmet Incredible Mince is just as versatile and juicy as ground beef. It is easily shapeable, making it perfect to create balls or skewers that can be seasoned to taste. It can also be crumbled up in a pan, for example to make a delicious Bolognese sauce or ‘Chili Sin Carne’.
Read the Sweet Earth press release
Nestlé today launched its expanded Chembong factory in Malaysia, now the largest Milo factory in the world. A 30% capacity increase will meet expanding domestic demand and exports to over 20 countries for Milo, the world’s leading chocolate malt beverage.
The Chembong factory started operations in 1993 and it currently employs the largest workforce among the six Nestlé factories in Malaysia. Varieties produced in the factory include regular Milo and Milo 3-in-1.
Speaking at the launch ceremony, Chris Johnson, Executive Vice President and CEO of Zone Asia, Oceania and sub-Saharan Africa, said: "Malaysia is a key market for Nestlé globally and a key manufacturing hub in our Asian region. This expansion is testament to our drive to ensure strong, profitable and sustainable growth, in tandem with our commitment to continue investing in Malaysia as a key manufacturing hub for the Nestlé Group."
For more, read the press release from Nestlé Malaysia.
The UAE’s largest ground-mounted private solar plant has begun generating renewable energy at Nestlé Middle East's Al Maha factory in Dubai.
The site at Al Maha will house 20,000 photovoltaic (PV) panels, generating 7.2GWh of electricity per year. That will supply 85% of the Al Maha factory’s annual electricity consumption and eliminate 4.5 million kilograms of CO2 per year.
In total, nearly 28,000 PV panels are being installed at the three manufacturing sites of Nestlé in Dubai. The systems will generate a total of 10GWh of electricity per year. This will eliminate at least six million kilograms of CO2 emissions annually, the equivalent of annual emissions from 1,500 passenger cars or the energy consumption of 800 homes.
Last week, Nestlé announced its ambition to achieve zero net greenhouse gas emissions by 2050. This embraces the most ambitious aim of the Paris Agreement, to limit global temperature rise to 1.5°C. One of the key targets is to use 100% renewable electricity in all Nestlé factories, warehouses, logistics and offices.
For more, read the press release from Nestlé Middle East
Nestlé today joined the ‘One Planet Business for Biodiversity’ (OP2B) coalition to take bold actions in protecting and restoring biodiversity. The new OP2B initiative was launched at the UN Climate Action Summit.
Nestlé and other member companies share strategic interests in agriculture and recognize the urgency to drive transformational change in the food and agriculture systems, for the benefit of the people and the planet.
Over the past decades, the agricultural system focused on efficiency and productivity to meet the needs of the world growing population. This affects loss of diversity on farms, loss of ingredient diversity in diets, and degradation of ecosystems.
Mark Schneider, Nestlé CEO, said: “Nestlé believes that protecting and restoring biodiversity is essential to safeguard food production and food security now and for the future. Nestlé has for many years worked with farmers to manage their land sustainably and will continue to lead activities enhancing biodiversity”.
To achieve its goal, the OP2B initiative has identified three focus areas: scaling up regenerative agriculture practices to protect soil health; using product portfolios to boost cultivated biodiversity and increase the resilience of the food and agriculture systems; eliminating deforestation, enhancing the management, restoration and protection of high value ecosystems.
Nestlé has intensified its activities with farmers to ensure the responsible sourcing of its raw materials and it has made significant progress towards its zero deforestation goals. As Nestlé accelerates its climate change efforts, the company will scale up initiatives in agriculture to transform its value chains through land restoration, replanting trees and enhancing biodiversity.
Nestlé has today again been named as a Global Compact LEAD company for its ongoing commitment to the United Nations (UN) Global Compact and its Ten Principles for responsible business.
Commenting on the announcement at the UN Global Leaders Week in New York, Magdi Batato, Executive Vice President, Head of Operations at Nestlé, said: “We are accelerating our efforts throughout our entire value chain to achieve zero net greenhouse gas emissions by 2050. This will help advance the UN Sustainable Development Goals Agenda. We are proud of today’s recognition as it underlines our leadership in climate change. Over the years, we have intensified our efforts in key areas that help protect human rights, improve health and tackle climate change. We have made progress, but we will not stop here. Our sustainability journey is more intense than ever before.”
Nestlé’s priorities are in those areas where business interests most closely match those of society. These include nutrition, with a special focus on children; developing thriving and resilient rural communities; and stewarding natural resources for the future.
Nestlé joined the UN Global Compact in 2001. By adopting a principles-based approach to sustainability, Nestlé has been proud to be part of a global movement of sustainable companies and stakeholders.
Lise Kingo, CEO and Executive Director of the UN Global Compact, said, “LEAD companies represent the highest level of engagement with the UN Global Compact. More than ever before, the world needs businesses of all sizes — like the ones announced as LEAD today — that continuously work to improve their sustainability performance and take action to build a better world.”
Read the UN Global Compact press release
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.
Read the full press release
Nestlé today officially inaugurated the Institute of Packaging Sciences, the first-of-its-kind in the food industry. The new Institute enables Nestlé to accelerate its efforts to bring functional, safe and environmentally friendly packaging solutions to the market and to address the global challenge of plastic packaging waste.
Speaking at the inauguration, Mark Schneider, Nestlé CEO, said, "Our vision is a world in which none of our packaging ends up in landfill or as litter. To achieve this we introduce reusable packaging solutions and pioneer environmentally friendly packaging materials. Furthermore, we support the development of local recycling infrastructure and deposit schemes to help shape a waste-free world. The Nestlé Institute of Packaging Sciences enables us to create a strong pipeline of sustainable packaging solutions for Nestlé products across businesses and markets."
The Nestlé Institute of Packaging Sciences focuses on a number of science and technology areas, such as refillable or reusable packaging, simplified packaging materials, recycled packaging materials, high-performance barrier papers as well as bio-based, compostable and biodegradable materials.
Stefan Palzer, Nestlé CTO said, "Reducing plastic waste and mitigating climate change effects through cutting-edge technology and product design are a priority for us. Nestlé experts are co-developing and testing new environmentally friendly packaging materials and systems together with our development centers, suppliers, research institutions and start-ups. Located at our Nestlé Research facilities in Lausanne, Switzerland, the Institute also leverages our existing research capabilities in food safety, analytics and food science."
Read the full press release