Publication 2021 Annual Report and Creating Shared Value and Sustainability Report - 2022 03 08
Publication 2021 Annual Report and Creating Shared Value and Sustainability Report - 2022 03 08
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Nestlé has also published the Annual General Meeting (AGM) agenda.
Nestlé has the ability to deliver and scale meaningful innovations that meet changing
consumer tastes, respond to the growing interest worldwide in nutritional health solutions
and contribute to sustainability. The Annual Review highlights examples in some of the
company’s fastest-growing categories. In Health Science, Nestlé developed new nutritional
solutions for diabetes, cardiovascular and other medical conditions. For example, Nutren
GlucoSmart was launched in Malaysia and helps support healthy glucose levels. Nestlé
uses that same know-how to develop solutions for pets too. Pro Plan Cardio Care was
launched in 2021 to slow the progression of heart disease in dogs. In coffee, the company
discovered two new varieties that produce up to 50% higher yields per tree versus
standard varieties and enable an up to 30% reduction in the carbon footprint on the farm.
One of those varieties is now being grown by farmers in Latin America for use in Nescafé.
Strong digital capabilities are an important growth driver, and Nestlé focuses on providing
consumers with holistic online brand experiences. The company grew its e-commerce
sales by another 15.1%, increasing e-commerce’s share of total Group sales to 14.3% in
2021. Nestlé further deployed its connected operations technology last year, with more
than 100 sites now benefitting from a more connected workforce, better visibility across the
entire production process and local flexibility. In a year that saw supply chain constraints,
Nestlé was able to identify changes in demand and supply in real time and deal with
issues much faster.
In the Creating Shared Value (CSV) section of the Annual Review and in the full CSV and
Sustainability Report, Nestlé explains how it is supporting the just transition towards
climate-friendly and nature-positive food systems. The company is delivering on its climate
roadmap and reports that it has passed peak carbon levels. For the last two consecutive
years, Nestlé has reduced its absolute greenhouse gas emissions, even while its business
volume has grown significantly. Specifically, it has achieved a reduction of 4.0 million
tonnes of CO2 equivalents, for instance, by switching to renewable electricity, or
encouraging the use of natural fertilizers in farming. And it has initiated removals of 9.7
million tonnes of CO2 equivalents through nature-based solutions within its value chain.
The full Annual Report contains Nestlé's Annual Review as well as the Corporate
Governance & Compensation Reports and the Financial Statements, which were
published on February 17, 2022.
Read more in the Annual Report and in the Creating Shared Value and Sustainability
Report.
Annual Review:
https://www.nestle.com/sites/default/files/2022-03/2021-annual-review-en.pdf
Financial Statements:
https://www.nestle.com/sites/default/files/2022-02/2021-financial-statements-en.pdf
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