Sao Paulo — Nestlé is boosting sustainability spending at its flagship Nescafé coffee brand as consumers increasingly want to know where their food and drink comes from and how it’s made.
The food giant plans to invest more than 700-million Swiss francs in the next decade on a programme that includes responsibly sourcing all of Nescafé’s coffee, tracing supplies back to groups of farmers by 2025 and helping Nestlé reach net-zero carbon emissions by 2050. That’s more than double its sustainability spending in the past 10 years...
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