Potential offtaker

Nestle S.A.

www.nestle.com

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Which other companies from Switzerland are actively involved in decarbonization initiatives?
  • Jungbunzlauer International AG
  • UBS Group AG
  • Landis+Gyr Group AG
  • Glencore plc
  • Cartier Ltd.
  • Hero Group
  • Nestle S.A. is a Swiss multinational food and beverage company that operates in the packaged food sector. The company was founded in 1866 by Henri Nestle and has since become one of the largest food and beverage companies in the world. Nestle operates in 191 countries and employs over 300,000 people globally. The company's products are sold under various brands such as Nescafe, KitKat, Maggi, and Gerber.

    As a global company, Nestle recognizes the importance of decarbonisation and reducing its carbon footprint. The company has set a target to achieve net-zero greenhouse gas emissions by 2050. To achieve this target, Nestle has implemented several initiatives to reduce its carbon footprint. The company has invested in renewable energy sources such as wind and solar power, and is also exploring the use of biofuels and geothermal energy. Nestle has also implemented energy-efficient technologies in its manufacturing facilities to reduce energy consumption.

    In addition to reducing its carbon footprint, Nestle is also committed to using renewable energy sources to power its operations. The company has signed several corporate power purchase agreements (PPAs) with renewable energy providers to source renewable energy for its operations. Nestle has also invested in its own renewable energy projects, such as wind farms and solar power plants, to generate renewable energy for its operations.

    Nestle's commitment to decarbonisation and renewable energy is reflected in its corporate energy strategy. The company has set a target to source 100% of its electricity from renewable sources by 2025. Nestle is also committed to reducing its energy consumption and has set a target to reduce its energy consumption per tonne of product by 1.5% annually.

    One of Nestle's most significant renewable energy projects is the construction of a wind farm in Scotland. The wind farm, which is expected to be operational in 2022, will generate renewable energy to power Nestle's operations in the UK and Ireland. The wind farm will consist of nine turbines and will generate 125 GWh of renewable energy annually, which is equivalent to the electricity consumption of 30,000 homes.

    Nestle's commitment to decarbonisation and renewable energy is not only good for the environment but also for its business. The company's renewable energy projects and initiatives have helped reduce its energy costs and increase its energy efficiency. Nestle's renewable energy projects have also helped the company reduce its reliance on fossil fuels, which are subject to price volatility and supply chain risks.

    In conclusion, Nestle S.A. is a Swiss multinational food and beverage company that operates in the packaged food sector. The company is committed to decarbonisation and reducing its carbon footprint. Nestle has implemented several initiatives to reduce its carbon footprint, including investing in renewable energy sources such as wind and solar power, and implementing energy-efficient technologies in its manufacturing facilities. The company has also signed several corporate power purchase agreements (PPAs) with renewable energy providers to source renewable energy for its operations. Nestle's commitment to decarbonisation and renewable energy is reflected in its corporate energy strategy, which includes a target to source 100% of its electricity from renewable sources by 2025. Nestle's renewable energy projects and initiatives have helped reduce its energy costs and increase its energy efficiency, making it a more sustainable and profitable business.

    ✓ Current offtaker under Corporate PPA's
    ✓ Re100 member
    ✓ Climate Action 100+ company
    ✓ Science Based Targets member
    ✓ Declared Net Zero commitment