Nestle’s Nespresso plans to spend 500 million Swiss Francs (£329m) in the next six years towards curbing its impact on the environment.
The sustainability programme named ‘Positive Cup’ includes a range of commitments, including plans to invest 15 million francs (£9.9m) to help farmers in Ethiopia, Kenya and South Sudan as well as source 100% of its main coffee ranges from certified sustainable sources by 2020 – up from 80% currently.
It also aims to increase the recycling of Nespresso capsules and reduce the company’s carbon footprint by 10% and become carbon neutral by the end of the decade.
Jean-Marc Duvoisin, CEO of Nestle Nespresso SA said: “Today, we set our ambition of providing the highest quality and most sustainable portioned coffee worldwide.
“Our sustainability approach has always been designed to do more than simply minimise impacts… This investment significantly builds on our current sustainability investment to ensure the long-term success of our business model.”