Nestlé Pakistan, marking 35 years of operations in the country, is reinforcing its commitment to Pakistan’s renewable energy goals with a substantial investment of PKR 2 billion in renewable power and sustainability initiatives.
In a milestone move, Nestlé Pakistan inaugurated a 2.5-megawatt solar power plant at its Kabirwala Factory, representing a PKR 480 million investment. The solar facility is expected to contribute to a significant reduction in greenhouse gas emissions, targeting a decrease of 1,800 tCO2e per year.
As part of Nestlé Pakistan’s comprehensive strategy to align with the country’s renewable energy vision and contribute to global climate goals, the PKR 2 billion investment includes the installation of two biomass boilers and additional solar power plants at various manufacturing sites across Pakistan.
Ambassador of Switzerland to Pakistan, Georg Steiner, attending the inauguration, commented, “Nestlé Pakistan’s continuous investment and presence in Pakistan for 35 years show its confidence in the country, and this solar power plant is a testament to its commitment to creating shared value for the people of Pakistan for a cleaner environment. This solar power plant is exactly what can help the Pakistan government achieve its Nationally Determined Contribution (NDC) commitment to having 60% Renewable Energy by 2030.”
Jason Avanceña, Chief Executive Officer of Nestlé Pakistan, expressed the company’s dedication to being a positive force for the country’s future, stating, “As we celebrate 35 years of operations in Pakistan, we are dedicated to being a force for good throughout our value chain and investing in renewable energy and sustainability initiatives for the future of the country.”
Nestlé Pakistan has outlined its commitment to environmental sustainability by targeting a 20% reduction in emissions (compared to a 2018 baseline) by 2025, a 50% reduction by 2030, and achieving Net Zero by 2050 in line with UN Sustainable Development Goals 13 and 15.
In addition to its sustainability efforts, Nestlé Pakistan is actively contributing to economic growth by aiming to increase exports to USD 18 million across 20 countries, generating foreign revenues. The company is also prioritizing localization by sourcing over 90% of its raw materials and packaging requirements locally in 2023, thereby bolstering the local industry.
Operating from four manufacturing sites across the country, Nestlé Pakistan continues to provide a diverse range of nutritious foods and beverages. With a commitment to serving millions of Pakistanis with tasty and balanced diets, the company delivered 2.49 billion fortified servings of value-added nutritious products across various occasions and life stages last year alone.