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Nestlé pledges net zero emissions by 2050
MANILA, Philippines As the world’s largest food and beverage manufacturer, Nestlé is called upon to take a leadership role in tackling climate change, one of the greatest threats to society today.
Accordingly, Nestlé is leveraging its global size, scale, and reach to make a difference as it urgently pursues its ambition to halve its greenhouse gas (GHG) emissions by 2030 and reach net zero not later than 2050.
Locally, Nestlé Philippines, one of the country’s largest corporations, recently declared new commitments to achieve net zero emissions as a “Kasambuhay for the Environment” on its 110th year.
Published May 2, 2021, 7:00 AM
Nestlé Philippines, one of the country’s largest corporations, recently declared new commitments to achieve net zero emissions as a “Kasambuhay for the Environment” on its 110th year.
The commitments were announced during the company’s virtual 2021 Net Zero Fair attended by employees and their family members, as well as program and business partners. These commitments aim to support the Philippines’ Nationally Determined Contribution under the Paris Agreement to reduce and avoid carbon emissions by 75 percent as of 2030.
On top of these programs, Nestlé Philippines Chairman and CEO Kais Marzouki announced additional commitments to accelerate the journey to net zero.