After making substantial progress in education, water management, and upskilling, Nestle CSR has shifted its focus to zero carbon footprint. The FMCG giant has decided to invest more than $3.6 billion over the next five years in order to halve its greenhouse gas emission across its global manufacturing plants by 2030 and subsequently, achieve zero carbon footprint by 2050.
According to Mark Schneider, CEO of Nestle, nearly $1.2 billion of the total amount will be dedicated for the plantation of over 10lakh trees in the next decade along with technological advancements for farmers that promotes regenerative agriculture practices. As a result, this would help Nestle achieve 100 per cent renewable electricity operations by 2025.
Nestle has more than 800 manufacturing plants spread across 187 countries – all of which are included in the renewable electricity goal. For zero carbon emission, Nestle CSR is focused on reducing offshore travels in the next two years accompanied by reformed products that support the environment. In terms of manufacturing, this includes the direct purchase of beans and other ingredients from farmers along with modern machinery to reduce and maintain the gas emission levels.
In its report titled ‘Creating Shared Value Progress Report’, Nestle successfully avoided the use of 1,40,000 tons of packaging between 2015 and 2020, which surpasses the originally set figures. Additionally, 87% of the total packaging in 2019 was achieved through reusable material.
Currently, Nestle India and its Chairman and Managing Director, Suresh Narayanan are leading the way to recycle 100% packaging across the eight factories present in India. “Climate change is one of the biggest challenges currently facing mankind. Addressing this will require a multi-stakeholder approach to collaborate and monitor progress, laying the foundation for a better world,” added Narayanan.
Since the last few years, major corporate players such as Apple have included climate issues and global warming combat methods as a part of their strategic CSR that helps the environment, sets an example for society, and aids image building.