Potential offtaker

Nestle India Ltd.

www.nestle.in

Estimated electricity consumption

N/A

Countries of production presence

N/A

Nestle India Ltd is a leading multinational company that operates in the packaged food sector in India. The company is a subsidiary of Nestle S.A., a Swiss multinational food and beverage company that operates in more than 190 countries worldwide. Nestle India has been operating in India since 1959 and has a strong presence in the country with a wide range of products that include instant noodles, chocolates, coffee, dairy products, and infant nutrition.

Nestle India is committed to sustainability and has set ambitious goals to reduce its carbon footprint and promote decarbonisation. The company has adopted a holistic approach to sustainability and has integrated it into its business strategy. Nestle India has set a target to achieve net-zero greenhouse gas emissions by 2050. To achieve this goal, the company has implemented various initiatives such as energy-efficient manufacturing processes, use of renewable energy, and reduction in waste generation.

Corporate energy is a critical aspect of Nestle India's sustainability strategy. The company has implemented various measures to reduce its energy consumption and promote energy efficiency. Nestle India has adopted a comprehensive energy management system that includes monitoring, reporting, and analysis of energy consumption. The company has also implemented various energy-saving measures such as the use of energy-efficient equipment, optimization of production processes, and implementation of energy-saving practices.

Corporate Power Purchase Agreement (PPA) is another important aspect of Nestle India's sustainability strategy. The company has signed a corporate PPA with a renewable energy provider to source a significant portion of its energy requirements from renewable sources. This has helped the company to reduce its carbon footprint and promote the use of renewable energy. Nestle India has also invested in on-site renewable energy generation, such as solar panels, to further reduce its reliance on grid electricity and promote renewable energy.

Renewable energy is a key focus area for Nestle India. The company has set a target to source 100% of its electricity from renewable sources by 2025. To achieve this goal, Nestle India has implemented various initiatives such as the installation of solar panels at its manufacturing facilities, sourcing renewable energy from external providers through corporate PPA, and investing in energy-efficient technologies.

Nestle India has also implemented various waste reduction initiatives to promote sustainability. The company has adopted a circular economy approach to waste management and has implemented various measures to reduce, reuse, and recycle waste. Nestle India has also implemented a zero-waste-to-landfill policy, which means that all waste generated by the company is either recycled or reused, and none of it is sent to landfills.

In addition to its sustainability initiatives, Nestle India is also committed to promoting social responsibility. The company has implemented various programs to promote education, health, and nutrition in the communities where it operates. Nestle India has also implemented various initiatives to promote gender equality and diversity in the workplace.

Overall, Nestle India is a leading player in the packaged food sector in India, and its commitment to sustainability is commendable. The company has set ambitious goals to reduce its carbon footprint and promote renewable energy, and has implemented various initiatives to achieve these goals. Nestle India's focus on sustainability and social responsibility is a testament to its commitment to creating a better future for all.

✓ Declared Net Zero commitment