In June 2023, Nestlé halted its carbon offset use, focusing instead on real emissions cuts. The Ellen MacArthur Foundation highlighted Nestlé’s 10% reduction in virgin plastic use but noted a dip in recyclable packaging.
Nestlé’s cereal venture, CPW, aims to halve emissions by 2030 and achieve net zero by 2050, with 13% of cereals sourced from regenerative practices by 2025.
PepsiCo plans to cut emissions by 40% by 2030 and hit net zero by 2040. In 2023, they cut Scope 1 and 2 emissions by 33%, and Scope 3 by just 1%, while ramping up regenerative agriculture.
Mondelez is committed to a 2050 net-zero target, with significant progress already made in reducing CO2 and water use.
Grupo Bimbo aims for net-zero by 2050, with intermediate targets for 2025 and 2030.
These giants are driving sustainability through concrete actions and ambitious goals, proving that growth and environmental responsibility can go hand-in-hand. For more information, click here!
