NESTLE SET FOR €2 BILLION INVESTMENT FOR DELIVERING SUSTAINABLE PACKAGING

摘要

Global food and beverage group Nestle is to make an investment of CHF 2 billion aimed at moving from virgin plastics to food-grade recycled plastics in response to demand for increasing the pace of delivering sustainable packaging solutions. Following a pledge two years ago to make 100% of its packaging recyclable or reusable by 2025, the company will reduce its use of virgin plastics by one third in the same period while working with others to advance the circular economy and endeavour to clean up plastic waste from oceans, lakes and rivers. The firm's move comes as it has been recognised by global environmental impact non-profit CDP's 'A List' for climate change, based on the company's climate reporting in 2019. It gained its latest rating in relation to its actions to cut emissions, mitigate climate risks and develop the low-carbon economy. The company remains active in a number of product areas, including confectionery, such as its flagship KitKat brand.