Nestle

Packaged Foods & Meats
NESN.SW
CHF 95 (4.6)%
Share price
$ 287 bn
Market Cap
$ 363 bn
Enterprise Value

Carbon footprint

11 Ton
GHG emissions per $ 1 mln investment
0.33x the weighted average for S&P 500
FY2022
How is this calculated?
-17%
YOY change in GHG emissions
Weaker than the +0.5% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

-6.2%
Proj. YOY change in GHG emissions (all Scopes)
In line with the -6.5% weighted average for S&P 500
FY2023
How is this calculated?

Nestle aims to reduce all Scopes by 50% by 2030 from a base year 2018


This target has not been verified as science based according to SBTi
Nestle's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Nestle's GHG emissions (market-based) (Kt of CO2e)
Nestle's Carbon intensity (Tons per 1 USDm)

Nestle's carbon footprint

Nestle reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 4,000 Kt (-790 /-16.5% y-o-y). Also positively, carbon intensity declined to 50 t (-3.6 /-6.7% y-o-y).

Nestle's Scope 3 emissions fell to 108,900 Kt (-4,800 /-4.2% y-o-y). This is a higher rate of decline than over the period since 4Q'20 (-1.5% CAGR).

The company is committed to reducing all Scopes by 50% by 2030 from a base year 2018, which translates into the estimated reduction of -7,031 Kt per annum over the period of FY2023 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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