Nestle S A : Nestlé invests CHF 2.5 million and partners with the government of Côte d’Ivoire to protect and restore the Cavally forest reserve
July 20, 2020 at 06:56 am
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Nestlé partnered with the Ministry of Water and Forests of Côte d'Ivoire to protect and restore the Cavally forest reserve and enhance the resilience of local communities.
The company's 2.5 million investment will finance efforts to end deforestation within the forest reserve and restore degraded forest. It will also support transition pathways for farmers currently producing in the reserve and promote regenerative agriculture for areas around the reserve.
Cavally forest reserve is one of 234 classified forests in Côte d'Ivoire, a biodiversity hotspot under threat due to deforestation.
Côte d'Ivoire has lost much of its forest cover over the past 60 years. From 1960 to 2015, the area of its forests decreased from 16 million to 3.5 million hectares. This loss of forest was caused by smallholder agriculture.
'Halting deforestation linked to cocoa is part of our ambition to transform our agricultural supply chain, making it more environmentally friendly and resilient. This is part of our accelerated action to tackle climate change, and it will contribute to achieving our zero net emissions commitment by 2050,' said Magdi Batato, Executive Vice President, Head of Operations, Nestlé.
The government of Côte d'Ivoire recently adopted a national policy for the preservation, rehabilitation and extension of forests. 'This partnership will strengthen our commitment to fight against deforestation caused in part by cocoa cultivation in Côte d'Ivoire and to strengthen the resilience of communities and cocoa producers. I am wishing for a successful implementation and hoping it becomes a replicable model for us to scale-up to other forests,' said Alain Richard Donwahi, Ivorian Minister for Water and Forests.
The project will be implemented by the Côte d'Ivoire's Forest Agency (SODEFOR) and Earthworm Foundation, working in synergy with other stakeholders, including the cocoa communities.
Nestlé's Cocoa Plan Manager Darrell High said, 'A sustainable production of cocoa that benefits local communities, the environment and the economic development of the country is possible. Our vision is for this project to serve as an example of how cocoa can be sourced in a way that simultaneously protects precious ecosystems in Côte d'Ivoire and preserves farmers' livelihoods.
The project will help to ensure that future farmers and communities cultivate cocoa and other crops outside Cavally forest areas. The project is aligned with Nestlé's participation in the Cocoa & Forest Initiative (CFI) and its action plan to ending deforestation in its cocoa supply chain as well as preserving and restoring existing forests.
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Nestlé SA published this content on 20 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2020 10:55:05 UTC
Nestlé S.A. is the world's leading agri-food group. Net sales break down by category of products as follows:
- powdered and liquid beverages (26.7%): soluble coffees (Nescafé and Starbucks brands), coffee in capsules (Nespresso), chocolate drinks (Nesquik, Milo, etc.), tea drinks (Nestea), etc.;
- pet food (20.3%): brands such as Purina, Friskies, Felix, etc.;
- pharmaceutical, nutrition and well-being products (16.4%): nutritional supplements (Resource, Boost, Nutren, Optifast, Peptamen brands, etc.), infant and maternal nutrition products (NAN, illuma, Cerelac, Nido, Gerber), ketogenic beverages (BrainXpert), (Nesquick, Fitness, Cheerios, Lion, etc.), etc.;
- ready meals and seasoning products (12.5%): frozen and chilled dishes (Lean Cuisine, Hot Pockets and Stouffer's brands), soups (Maggi), etc.;
- dairy products and ice cream (11.8%): powdered milk, sweetened condensed milk, yoghurt and cream desserts, ice cream (Nido, Nesvita, Carnation, La Laitière, Coffee Mate, Nestlé Ice Cream, Dreyers, Häagen-Dazs, Extrême brands, etc.);
- chocolates, sweets and biscuits (8.7%): Kit Kat, Smarties, Cailler, Terrafertil, etc. brands;
- bottled waters (3.6%): Nestlé Pure Life, Vittel, Perrier, S. Pellegrino, etc. brands.
Net sales are distributed geographically as follows: Switzerland (1.2%), France (3.8%), the United Kingdom (3.8%), Germany (2.4%), Europe (12.8%), the United States and Canada (35%), China (5.9%), Asia and Oceania (21.4%) and Latin America (13.7%).