Nestle

ACT Core

The company scores 4 for the quality of their transition plan and 2 for their contribution to the transition, resulting in a total score of B - Consequential planning. This reflects that the company has set valid targets for its most material emissions scopes. It has a transition plan with oversight to the highest governance body, and is reporting emissions under a recognised methodology. There is evidence that the company is mobilizing low-carbon investments through capital expenditure (CapEx) or R&D, but these account for no more than 10–20% of total investment, depending on the sector. The company reports Scope 1 and 2 and Scope 3 emissions consistently, and a declining emissions trajectory is observed; however, the level of reductions achieved remains insufficient to align with an ambitious 1.5 °C sectoral pathway. The company has established valid near- and long-term Scope 1 and 2 and Scope 3 targets, and at least one is aligned with an ambitious 1.5 °C sectoral pathway when emissions performance and expected sectoral activity growth are taken into account. Providing more details on the company’s transition plan, increasing investment in low-carbon technologies, raising the ambition of climate targets, and accelerating the rate of emissions reductions would move the company to a higher classification. The graphs below indicate the company’s performance compared to the overall distribution of results for selected aspects. However, the total score refers to a much wider set of indicators and also consider such as the company’s emission disclosure, transition plan, aspects of governance and support for climate policy.