News Investment
Nestlé invests 50 million euros in China
Nestlé is planning an investment of almost €50 million within the Chinese borders. The investment focuses on various parts of Nestlé in the Asian powerhouse, such as local grain cultivation in Heilongjiang province and reduction of greenhouse gas emissions.
The investment amounts to 53 million Swiss francs, or 49,20 million euros. With this, Nestlé wants to give a boost to sustainable agriculture in China. The money will be used on the one hand to promote the development of local (organic) grain cultivation, to expand the institute that offers dairy farming training and to reduce greenhouse gas emissions. On the other hand, part of the money will be used to strengthen production capacity in Shuangcheng and to make the facilities more sustainable and more efficient.
Projects in China
Nestlé, one of the world's largest dairy companies, has started several projects on Chinese territory. For example, the new Nestlé Grain Competence Center (GCC) focuses on developing local grain crops in Heilongjiang province with a focus on organic crops. This GCC is Nestlé's first center to do this worldwide.
The company has also established the Nestlé Dairy Farming Institute (DFI) in China. By expanding and further developing these, the food company wants to reinforce its role in dairy farming training. In addition, Nestlé wants to strengthen its name as a sustainable source of high-quality, local quality milk (especially for its A2 milk products).
Greenhouse gases
Nestlé further strives to reduce its greenhouse gas emissions within its supply chain. The company wants to do this through the DFI, among other things. There are a number of projects that are being developed and demonstrated on the DFI dairy farm. With this, Nestlé says it is working on exploring options for producing climate-neutral milk.
Jorine Cosse
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