Nestle reaffirms its commitment to Pakistan’s vision for renewable energy with investment of PKR 2 billion in renewable power and sustainability initiatives.

In a first, Nestle Pakistan inaugurated a 2.5 megawatt solar power plant completed with an investment of PKR 480 million at its Kabirwala Factory that aims to reduce 1,800 tCO2e of greenhouse gas emissions per year.

Nestle Pakistan’s PKR 2 billion investments include two biomass boilers and additional solar power plants at its other manufacturing sites in Pakistan. It is part of its efforts to reduce greenhouse gas emissions, with a special focus on renewable energy in line with its 2050 Net Zero commitments, as well as Pakistan government’s UN climate change pledge.

Inaugurating the facility, Ambassador of Switzerland to Pakistan Georg Steiner said, “Nestle Pakistan’s continuous investment and presence in Pakistan for 35 years, shows its confidence in the country, and this solar power plant is a testament to its commitment to create shared value for the people 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 have 60% Renewable Energy by 2030.”

Jason Avancena, Chief Executive Officer, Nestle Pakistan, said “As we celebrate 35 years of operations in Pakistan, we are committed to be a force for good throughout our value chain for the future of the country by boosting investment in renewable energy and sustainability initiatives.”

by pakobserver