The recipe for net zero? Nestlé focuses on cocoa, coffee and milk in EMENA
Nestlé has outlined its ‘top priorities’ for Europe, Middle East, and North Africa (EMENA) to reach its net-zero climate goal. And the company is placing an emphasis on three ingredients: cocoa, coffee and milk.
At the end of 2020, Nestlé unveiled its ambition to reach net zero emissions by 2050 in a plan that kicked off with an initial investment of CHF3.2bn over the next five years.
Nearly two-thirds of Nestlé’s emissions are linked to agricultural production, the company noted, meaning that if it is to reach its target of net zero by 2050 it will need to tackle scope 3 emissions that lie within its supply chain.