The management of the Nigerian Breweries Plc, has led their voice to world leaders on the climate change as it increasingly impacting the farmers and communities around the globe with whom the company work with. The company pointed out that the impact has led to the degradation of forests, land, soil, and waterways threatens farmers’ livelihoods and jeopardizes the availability and affordability of quality food. As corporate organization the Company is building on Net Zero Roadmap, it added while taking strong action to help address these threats by advancing regenerative food systems at scale.
The Nigerian Breweries Plc, Paul Bulcke, Chairman (left), and U. Mark Schneider, Chief Executive Officer (right) in their message to the stakeholders and shareholders of the company was excerpts from the company’s website stated that evolving farming practices to protect and enhance ecosystems while regenerating the land is essential, though this transition will only be fair and just if the company put people first. With this in mind, he said we are offering farmers technical, scientific, and financial support to begin adopting regenerative agriculture practices, to reward them for both quality ingredients and environmental benefits.
To accelerate the transformation towards net zero emissions and equitable, regenerative food systems, the company is delivering on its commitment to invest CHF 1.2 billion by 2025 in regenerative agriculture practices and have committed to sourcing 50 percent of our key ingredients through such methods by 2030. This will contribute to achieving our ambition to halve our greenhouse gas emissions by 2030 and reach net zero by 2050 respectively.
“We also continue our work to eliminate deforestation in our primary meat, palm oil, pulp and paper, soya and sugar supply chains by 2022. By 2025, we aim to achieve the same for our coffee and cocoa supply chains.
Over the last 10 years, Chairma disclosed we have worked hard to assess and address the risks of deforestation together with our partners and suppliers, as well as directly with farmers and farming communities
“Climate change actions can take time to take effect but, even as our company has grown and revenues increased, we are seeing a reduction in emissions. We have passed ‘peak carbon’ and decoupled our emissions from growth, charting an even more sustainable future for our company.
“Human rights play a key role in enabling a just transition to regenerative food systems. In December 2021, we released our new Human Rights Framework and Roadmap.
“Through implementing this framework, and with powerful collaborations, we will enhance due diligence and develop action plans to address our most salient human rights issues.
NB CEO, U. Mark Schneider noted that advancing regenerative food systems at scale is the only path forward for meeting people’s nutritional needs as the world’s population grows. Consumers also feel this urgency. We have continued to respond to consumer demand and do our part for the planet by developing products that deliver great taste and nutritional value while minimizing their environmental impact.
He stressed that Creating Shared Value by advancing regenerative food systems at scale as we have launched new plant-based products such as Vuna and Wunda. We also reaffirmed our support for the UN Global Compact and were again named a LEAD company in recognition of our ongoing determination to help achieve the UN Sustainable Development Goals (SDGs)
“Our Creating Shared Value and Sustainability Report for 2021 provides more details on how Nestlé is advancing regenerative food systems at scale – and explains the interconnected nature of the challenge and the work that
lies ahead.