Nestle

Packaged Foods & Meats

NESN.SW

CHF 93 (1.1)%

Share price

$ 276 bn

Market Cap

$ 336 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.35x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Stronger than the -1.4% weighted average for S&P 500

FY2023

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

GHG emissions and Carbon intensity

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.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4	4,000	3,240	760	108,900
2021Q4	4,790	3,350	1,440	113,700	95,561	50
2020Q4	4,930	3,300	1,630	114,000	91,803	54
2019Q4	5,500	3,300	2,000	107,411	94,013	59
2018Q4	5,900	3,300	2,500	107,411	93,640	63
2017Q4	6,200	3,500	2,700	106,926	91,037	68
2016Q4	6,800	3,600	3,200		90,812	75

Nestle

Carbon footprint

Primary Climate Goal

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

GHG emissions and Carbon intensity

Nestle's carbon footprint

Company environmental metrics