Latest ESG & Sustainability News

Nestlé, ofi Launch Project to Reduce Emissions and Deforestation from Cocoa Supply Chain

Nestlé and ofi have launched a cocoa agroforestry initiative aimed at reducing carbon emissions and deforestation. By engaging 25,000 farmers across Brazil, the Ivory Coast, and Nigeria, the initiative plans to convert farms to regenerative agriculture practices, including planting over 2.8 million trees and cultivating 72,000 hectares of agroforestry. The project is expected to cut over 1.5 million tons of CO2 over the next 30 years, supporting Nestlé’s net-zero emissions commitment by 2050.

Kimberly-Clark to Achieve 100% Renewable Energy at Kleenex Factory by 2029

Kimberly-Clark’s Kleenex manufacturing site in Germany is set to achieve 100% renewable energy by 2029, cutting 50,000 tons of carbon emissions per year. The move supports the company’s 50% emissions reduction goal by 2030 and will be backed by electrification, renewable PPAs, and government incentives.

Biofuels: A Key Player in the Clean Energy Transition