Nestlé Lanka PLC, a subsidiary of the global food and beverage giant Nestlé S.A., is headquartered in Sri Lanka (LK) and has established a strong presence across the island. Founded in 1906, the company has evolved significantly, marking key milestones in its commitment to quality and innovation within the food industry. Operating primarily in the fast-moving consumer goods (FMCG) sector, Nestlé Lanka focuses on nutrition, health, and wellness, offering a diverse range of products including dairy, coffee, and infant nutrition. Their flagship brands, such as Nescafé and Milo, are renowned for their quality and unique formulations that cater to local tastes. With a robust market position, Nestlé Lanka has garnered numerous accolades for its sustainable practices and community engagement, solidifying its reputation as a leader in the Sri Lankan food industry.
How does Nestlé Lanka PLC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Food Product Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Nestlé Lanka PLC's score of 55 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Nestlé Lanka PLC reported a reduction of approximately 1,600 tonnes CO2e in greenhouse gas emissions, although specific data on Scope 1, 2, and 3 emissions was not disclosed. This figure reflects a consistent effort over the years, as the same reduction amount was reported for the previous years from 2013 to 2020. Nestlé Lanka PLC is a current subsidiary of Nestlé S.A., and its climate commitments and reduction initiatives are aligned with those of its parent company. The emissions data and climate strategies are cascaded from Nestlé S.A., which is actively involved in various sustainability initiatives, including the Science Based Targets initiative (SBTi), CDP, and RE100. However, specific reduction targets or pledges from Nestlé Lanka PLC itself were not provided. Overall, Nestlé Lanka PLC demonstrates a commitment to reducing its carbon footprint, although further details on specific targets and comprehensive emissions data would enhance transparency and accountability in its climate strategy.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nestlé Lanka PLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.