Nestlé accelerates action to tackle climate change and commits to zero net emissions by 2050
Nestlé, the Swiss multinational food and drink corporation, recently announced ambitions to achieve zero net greenhouse gas emissions by 2050.
This goal embraces the most ambitious aim of the Paris Agreement – to limit global temperature rise to 1.5°C. Nestlé will sign the ‘Business Ambition for 1.5°C’ pledge, ahead of the U.N. Secretary-General’s Climate Action Summit this month.
Over the past four years, Nestlé has aligned its objectives with science-based targets to keep the temperature increase below 2°C, determined to play a leading role in tackling climate change. Over the next two years, they will set a time-bound plan that will include interim targets consistent with the 1.5°C path, reviewing their progress annually to ensure they are on track with their objectives.
Nestlé CEO, Mark Schneider, commented: “Climate change is one of the biggest threats we face as a society. It is also one of the greatest risks
to the future of our business,”
“We are running out of time to avoid the worst effects of global warming. That is why we are setting a bolder ambition to reach a net-zero future. Deploying Nestlé’s global resources and industry know-how, we know we can make a difference at a significant scale. Our journey to net-zero has already started. Now, we are accelerating our efforts”