Nestlé S.A. is a Swiss multinational food and beverage company headquartered in Vevey, Vaud, Switzerland. It is the largest food and beverage company in the world, measured by revenue and other metrics, since 2014.
With a significant agricultural value chain, including multiple brands with individual greenhouse gas footprints, achieving Net Zero for Nestle is a complicated process. Nestle needed a roadmap to get there and South Pole worked with the Company to create its Net Zero roadmap.
To begin, South Pole reassessed Nestlé’s 2018 Scope 3 inventory, engaging all relevant value chain stakeholders across its key sources of emissions. The inventory included all of Nestle’s key raw ingredients. Nestle aims for achieving science-based emission reductions of 50% by 2030, in line with a 1.5 degree scenario. South Pole supported the submission and approval of Nestle’s emission reduction targets at the SBTI. Nestle has committed to halve its greenhouse gas (GHG) emissions by 2030 and to achieve net zero by 2050 – even as its business continues to grow.
“The South Pole team helped us develop our carbon strategy through their technical knowledge, deep sector understanding and uncanny ability to translate science into actionable approaches to reach our goals”
Benjamin Ware, Head of Climate and Responsible Sourcing Nestlé
- Finance climate action;
- Demonstrate Climate Leadership;
- Tangible and immediate progress towards the net-zero transition;