Nestle CEO

Mark Schneider, CEO of Nestlé, believes there is “a good business case emerging” for sustainability, which is what the Swiss food and drink company is pursuing amid year-on-year business growth in 2020 and Q1 of 2021.

In an interview with CNBC, he said that “Today’s consumer asks even more than before for sustainability. They want to know that we are treating the planet well, they want to know we’re taking care of the next generation.”

Nestlé, whose range of brands – from cereals to coffee, chocolate and dairy – include Nescafe, KitKat and Cheerios – has pledged through its sustainability strategy to reduce carbon emissions within its business and supply chains, eliminating its carbon footprint altogether by 2050.

“The younger, the better educated and the wealthier consumer, the more interested they are in environmentally sound products and practices,” the CEO said.

“Digital these days means that there’s total transparency about your supply chain, so people do understand what you’re doing for the planet and they reward the companies that are leading this trend.”

Over the next decade, Nestlé, which operates in 187 countries, pledges it will run on renewable electricity by 2025, end its dependency on deforestation by 2022, and plant 20 million trees every year for the next 10 years.

Featured Image:

Nestle.com

Related

Luke Attard-Montalto / LinkedIn

Luke Attard-Montalto joins AIMS International Malta as Associate Director

16 April 2024
by Fabrizio Tabone

He is a seasoned recruitment and HR industry professional, having previously worked at a number of different local firms.

‘Excited about potential these new routes hold for leisure and business travellers’ – Universal Air CEO

16 April 2024
by Fabrizio Tabone

The Malta-based airline launched its inaugural flight a few weeks ago, and has now added to its schedule through four ...

Izabela Banas to replace Radoslaw Ksiezopolski as MeDirect Bank Group CFO and Executive Director

16 April 2024
by Fabrizio Tabone

Izabela Banas has previously occupied C-level positions at a number of reputable banks, including HSBC and BOV.

‘Despite strides toward gender equality in healthcare, obstacles persist’ – EBO CEO Gege Gatt

15 April 2024
by Fabrizio Tabone

Recent UK surveys have found that 51% of females face obstacles in accessing healthcare, with 84% feeling they aren’t listened ...

Close Bitnami banner
Bitnami