Nestlé S.A.
Food & Drug Retailing
Company Summary
Nestlé S.A., together with its subsidiaries, is the largest food and beverage company in the world. The company operates through Zone Europe, Middle East and North Africa; Zone Americas; Zone Asia, Oceania and sub-Saharan Africa; and Nestlé Waters segments. The company was founded in 1866 and is headquartered in Vevey, Switzerland. When it comes to Nestle ESG rating, they have a medium ESG risk, high exposure to material ESG issues, and a strong score in managing those ESG issues. The company faces specific material ESG issues related to E&S impacts of products and services, environment, land use and biodiversity, resource use, and product governance. They have had controversies regarding quality and safety, water use, land use and biodiversity, and social supply chain incidents. Their sustainability goals include a decarbonisation target by 2050, and their net zero emissions goals are in line with the Paris Agreement. Gender Equality and Clean Water and Sanitation are the only sustainable development goals that the company is aligned with so far. To compete with their industry peers in terms of environmental practices, Nestlé has to work more on their climate change goals and address human rights violations in the value chain. To know more about the company's performance in sustainability, particularly ESG performance, download their latest ESG report.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Nestle is Average among 306 companies in the food products industry.