According to Global Canopy’s “Forest 500” report, Nestlé is ranked as one of the Top 3 businesses with a strong commitment to minimising the risks of deforestation.
In its 9th Forest 500 report tracking the policies and performance of the 350 most influential companies and 150 financial institutions most exposed to deforestation risk in their supply chains and investments, non-profit environmental organisation Global Canopy said forest protection was an important factor in achieving the Paris Agreement's goals on climate change.
Government policies to achieve net-zero will not be complete without efforts to protect forests. Protecting tropical forests, home to most terrestrial wildlife, not only helps to reduce the impact of climate change, but also contributes to solving natural crises, the report said.
Nestlé ranks well in the report thanks to its specific commitments on deforestation and the restoration of natural forests while ensuring all human rights. The report also shows that Nestlé is one of the few businesses that monitor the activities of their suppliers and production areas of the materials they use to fulfill their commitment to preventing deforestation.
In June 2021, Nestlé launched an initiative to prevent deforestation in its supply chain. The programme is part of the company's actions to scale up regenerative agriculture and deploy natural climate solutions to absorb greenhouse gases across its operation and supply chain, contributing to its net-zero target by 2050.
By 2023, Nestlé aims to plant and grow 200 million trees in and around farms where it sources ingredients. It says that it aims to create a positive long-term impact on people, nature and the climate.
In Vietnam, Nestlé says it will work with partners and coffee farmers in the Central Highlands to pilot planting forest trees and fruit trees on coffee fields according to the agroforestry/intercropping model.
It aims to plant about 2.5 million trees in 2023 - 2027. Once completed, the project will not only bring economic value to farmers, but also contribute to carbon absorption and sequestration.
In 2022, Nestlé Vietnam’s employees and environmental ambassadors have partnered with Gaia Nature Conservation Center to organise the reforestation activity Sow Green Seeds – Nurture Life to raise awareness and contribute to mitigating the impact of climate change.
Nestlé has contributed 1,000 large trees to the Dong Nai Cultural Nature Reserve. These plants will provide native precious wood and food for wildlife. Gaia and Nestlé will monitor and care for the newly planted trees for many years to ensure optimal growth.
With the contribution to the community, nature conservation and sustainable development, Nestlé Vietnam has been named as the most sustainable company in Vietnam in the manufacturing sector for two consecutive years (2021-2022) by the Vietnam Chamber of Commerce and Industry and the Vietnam Business Council for Sustainable Development.
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