Nestle

Nestle reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 4,980 Kt (-190 /-3.7% y-o-y). Also positively, carbon intensity decreased to 52 t (-4.2 /-7.5% y-o-y).

Nestle's Scope 3 emissions declined marginally to 113,700 Kt (-300 /-0.3% y-o-y). The time series has been volatile over the last few periods.

The company is committed to reducing Scope 1 + 2 by 20% by 2025 from a base year 2018, which translates into the estimated reduction of -65 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -4,092 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing Scope 3 by 20% by 2025 from a base year 2018, which translates into the estimated reduction of -6,943 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.