Friday 6 March 2020

Nestlé to plant three million trees in Amazon to mitigate environmental impact

Nestlé has pledged to plant three million trees in the Amazon to absorb more carbon dioxide and help offset its emissions.

Beginning in March 2020, the retail giant will start planting trees in Brazil and Mexico, focusing on specific planting locations where palm, soya, paper, coffer or coconut are grown and where precious ecosystems such as forests, wetlands, peatlands or mangroves can be restored.

It forms the initial phase of a broader reforestation initiative as part of a plan to scale up actions in agriculture and deploy nature-based solutions to absorb more carbon from the atmosphere.

The firm will work with non-profit One Tree Planted (OTP) to carry out the reforestation, which it hopes will allow it to accelerate towards net zero greenhouse gas emissions by 2050.

Laurent Freixe, CEO of Zone Americas at Nestlé, said: "Achieving our net-zero ambition requires that we transform how we do business. Together with our suppliers we will restore land, improve the management of our supply chain and, as a result, better manage greenhouse gas emissions.

"This investment will lead to enhanced biodiversity and the regeneration of ecosystems we depend upon in the Americas."