Building on a decade of action, we will halve our greenhouse gas emissions by 2030 and reach net zero by 2050.
One of our key milestones on the road to 2050 is to source 100% renewable electricity across our sites by 2025 – and we’re proud that we have achieved this across our sites in Australia, well ahead of our global target.
Favourite Aussie brands including KitKat, Milo, Allen’s, Nescafé, Uncle Tobys and Purina pet food will now be made at factories where 100% of the electricity is sourced from wind power.
We have entered a 10-year agreement with Squadron Energy to make our first renewable power purchase agreement (PPA), bringing us one step closer to reducing our net emissions.
Power generated from Squadron Energy Crudine Ridge and Sapphire wind farms in NSW will cover the electricity needs of all our sites in Australia, which includes six factories, two distribution centres, three corporate offices, 22 retail boutiques, and laboratory. This is the equivalent of powering approximately 19,000i households per year.
The switch to 100% renewable electricity in Australia will save almost 73,000ii tonnes of carbon emissions annually.
So how does it work?
Under the PPA – or power purchase agreement – we will pay Squadron Energy to generate enough renewable electricity to cover our expected needs in Australia for the next ten years. We also receive large-scale generation certificates that acknowledge this purchase and demonstrate that our electricity comes from renewable energy sources.
The road to net zero
We are exploring every aspect of our business to find ways we can achieve net zero, and have published a time-bound plan to achieve this – Nestlé’s Net Zero Roadmap.
iEnergy Consumption Programs 2017, table 3.6, p26 (ex NT) – 5466.50KWh avg annual household electricity
iiEmission reductions calculated using National Greenhouse Accounts Factor, Australian National Greenhouse Accounts August 2021, Table 5; figure excludes the volume accounted for in the purchasing of LGCs in line with renewable power percentage