Nestlé has reduced its greenhouse gas (GHG) emissions in 2023 by 13.5%, as the food and drinks manufacturer ramped up its efforts to achieve its net zero target.
The vast majority of the reduction came through its operations and supply chain.
The FMCG, whose portfolio includes brands such as KitKat, Quality Street and Nescafé, also achieved a net reduction of more than 15.3% in methane emissions since its 2018 baseline.
The new figures mean the company is on course to achieve its target of a 20% absolute reduction of GHG emissions by 2025.
Nestlé group head of ESG strategy and deployment Antonia Wanner said: “Our progress on emissions reductions is proof of our unwavering commitment to our net zero roadmap.
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“We are working closely with our partners to help make food production more sustainable, while aiming at enhancing livelihoods across our value chain at the same time. A just transition is crucial to accelerate our efforts.”
The FMCG has also revealed that 15.2% of Nestlé’s raw materials were sourced from farmers adopting regenerative agriculture practices, with the company aspiring to bring this figure to 20% by 2025.
Last week, Nestlé Purina Petcare division and alcohol manufacturer Diageo expanded their regenerative agriculture scheme into Yorkshire.
Earlier this month, fellow FMCGs Innocent Drinks and Unilever launched their own regenerative agricultural programmes.
