Nestle says will burn billions to reduce carbon footprint

Swiss food giant Nestle on Thursday unveiled a multi-billion programme to slash its carbon footprint, aiming to halve emissions by 2030.

As well as targeting zero net emissions by 2050, Nestle’s new long-term road map calls for its 800 factories and production sites around the world to switch to 100 per cent renewable electricity by 2025.

The conglomerate, which is regularly attacked by environmentalists over things like plastic packaging pollution and deforestation, said it would plant 20 million trees each year over the next decade to help boost reforestation.

In 2018, the world’s largest food company emitted some 92 million tonnes of greenhouse gases, it said, adding that was using that as its baseline for measuring progress.