Financial News

Every Cup of Nespresso Coffee Will Be Carbon Neutral by 2022

SOURCE: Nestlé

DESCRIPTION:

September 18, 2020 /3BL Media/ - Nespresso today commits that every cup of Nespresso coffee, both for at-home and for professional customers, will be carbon neutral by 2022. This new ambition builds on more than 10 years of work during which Nespresso has reduced its carbon emissions and compensated the remainder through agroforestry.

"Climate change is a reality and our future depends on going further and faster on our sustainability commitments. That is why we are accelerating our commitments to offer our consumers a way to drink a carbon neutral cup of coffee by 2022. A coffee, made from the finest and rarest beans, sustainably sourced. I truly believe that both our business and the coffee industry can be a force for good in the world by tackling this pressing issue," said Guillaume Le Cunff, CEO of Nespresso.

Having already achieved carbon neutrality in its business operations (scopes 1 & 2) since 2017, the company's new commitment will tackle emissions that occur in its supply chain and product life cycle (scope 3).

Nespresso will achieve carbon neutrality through the following initiatives: the reduction of carbon emission; the planting of trees in and around coffee farms where Nespresso sources its coffee (insetting); and through support and investment in high quality offsetting projects.

This carbon neutral commitment is part of a broader sustainability ambition that will be further communicated later this year: to preserve exceptional coffees, build a resilient and regenerative coffee agriculture system, drive sustainable livelihoods for farmers and build a circular business.

Tweet me: Nespresso commits that every cup of Nespresso coffee, both for at-home and for professional customers, will be carbon neutral by 2022. https://nes.tl/Nespresso2022

KEYWORDS: VTX:NESN.VX, Nestle, Carbon Neutral

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