Charity calls for ‘Big Chocolate’ to pay more to Ghana’s cocoa farmers after it revealed that their net incomes have fallen on average by 16% since 2020, with women’s incomes falling by nearly 22%.
Nestlé officially inaugurated its Lausanne, Switzerland-based research institute, Institute of Agricultural Sciences, to improve agricultural sustainability throughout its supply chain.
Hershey has become the latest chocolate company to support increased incomes for cocoa farming households in Cote d’Ivoire with the launch of its Income Accelerator programme that will facilitate the provision of cash transfers (CTs) and investments in...
Nestle’s near double-digit price hike across its portfolio of coffee and confections over the past three months helped buoy sales and offset a notable jump in costs without significantly dragging down volumes, prompting executives and analysts to characterize...
The long-term agreement with Nestlé will include payments for ecosystem services (PES) to more than 6,000 farmers covering 11,500 hectares of agroforestry in Côte d’Ivoire. The implementation of the project is already underway, with three cooperatives...
Alongside its 2022 Annual Report, Nestlé has published its Creating Shared Value and Sustainability (CSV) Report, with details on its supply chain transparency commitments and progress on its ‘Good for the Planet' initiative as well as the company’s...
Nestlé has reported its net profit fell to CHF 16.9 billion ($18.33 billion) in its full year results for 2022, with sales increasing to CHF 94.4 billion ($102.38 billion), missing forecasts for CHF 95.02 billion ($103.05 billion), despite price increases...
Nestlé is set to roll-out its hugely popular KitKat Vegan bar across the UK after a successful limited launch – and has also announced a pilot test to use 100% recyclable paper at its production facility in Australia.
No longer a lumbering giant when it comes to R&D, Nestlé significantly increased its number of new product launches and number of patents in priority areas by simplifying its innovation process, fostering an entrepreneurial culture and collaborating...
Nestlé is strengthening its policy on responsible marketing to children by voluntarily banning the direct marketing of products that don’t meet the Nestlé Policy Nutrition Criteria to audiences under 16-years-old.
Nestlé UK has rushed to calm Christmas nerves over a packaging issue with its popular Quality Street selection box, which saw a limited run that included the famous hazelnut noisette (green) triangle wrapped in an unfamiliar gold colour - while some fans...
The Cheerios and Shreddies maker has contributed CFH 100,000 ($101,647) to the Africa Food Prize to unearth the bold initiatives and technical innovations that will create a new era of food security and build great climate change resilience on the continent.
Fairtrade America is reminding consumers of the benefits of buying ethically sourced chocolate bars with a national mural campaign to celebrate Fair Trade Month, which runs globally throughout October.
Nestlé Confectionery’s ongoing mission to use paper packaging on its products has taken a new twist with innovations for its Quality Street and KitKat brands.
Nestlé’s ‘innovative income accelerator programme’ to increase cocoa farmer income and achieve full traceability in its cocoa supply chain was the subject of an informative webinar between the Rainforest Alliance and Nestlé on the importance of regenerative...
The Swiss multi-national has announced details of a new Youth Entrepreneurship Platform (YEP) for young innovators and entrepreneurs in the food industry.
Nestlé acknowledged the ‘key challenge’ of ‘increasing food insecurity’ globally as it unveiled price hikes of 6.5% in the first half of this year and conceded more increases are on the way.
Nestlé’s iconic After Eight brand, established in York by Rowntree, turns 60 this year, and the popular mint chocolate thin is celebrating the landmark with a brand-new gifting box.
Nestlé said it will continue to work with all stakeholders to ‘help protect and restore forests, promote sustainable cocoa production and thriving communities, and create a forest positive future for all’.
Two food industry giants are facing major European product recalls. Nestlé’s Buitoni pizza brand has been linked to an E.coli outbreak in France while Ferrero has been forced to recall Kinder products across a number of markets due to Salmonella contamination....
Emboldened by “sustained consumer demand” despite rising prices in the first quarter to the highest level since 2008, Nestle executives told investors yesterday that they will continue to pass on “significantly higher” than expected cost inflation to...
A California federal judge has refused to grant a motion to dismiss a proposed class action accusing Nestlé USA of allegedly deceptively marketing its chocolate products as sustainably sourced despite obtaining cocoa from farms reliant on child slave...
Ukrainian president Volodymyr Zelensky is pressuring confectionery firms Nestlé and Mondelēz International, along with other multinationals, to completely pull out of the Russian market.
The list of companies shutting operations in Russia grows daily, however, dozens remain to help out with a different, but no less severe, humanitarian crisis.
In its Annual Report for 2021, Nestlé said it has the ability to deliver and scale meaningful innovations that meet changing consumer tastes, respond to the growing interest worldwide in nutritional health solutions and contribute to sustainability.
Nestle has promised APAC consumers that any unavoidable price hikes as a result of ‘non-compensable’ cost increases will be passed on to consumers in a ‘socially responsible’ manner, after announcing positive organic growth in its Asia, Oceania and sub-Saharan...
The announcement was made in a press conference webcast by Nestlé CEO Mark Schneider, as the company reported strong annual growth in 2021, in its full-year results.
Nestlé has confirmed the closure of its Fawdon factory near Newcastle in North East England, with the loss of 475 jobs under the proposed move to EU production.
Confectionery giant Nestlé is launching an ‘innovative income accelerator programme’ to tackle child labour risks in its cocoa supply chain, increase farmer income and achieve full traceability in its cocoa supply chain.
Nestlé’s plan to close it Fawdon site in Newcastle and move production to other factories in the UK and Europe has faced fresh criticism from the unions because of its impact on the environment.
Nestlé has entered the refrigerated snacking set with its line of permissably indulgent Rallies, a three-bite snack of chocolate enrobed nut butters, which is targeting a growing group of consumers who need a pick-me-up to rally themselves out of a slump,...
Nestlé said its confectionery sector recorded high single-digit growth, supported by a strong sales development for KitKat, after the company reported its nine-month sales for 2021, raising full-year organic sales growth guidance.
The popularity of the so-called ‘Chocolate Orange Boom’ shows no signs of abating - growing considerably more than other confectionery trends with UK sales up 4.3% and year-on-year growth of 143%, according to retaildata.co.uk.
Seventy percent of Nestlé’s emissions lie in the raw materials it sources. Agriculture is therefore central to the Swiss food giant’s target to hit net zero by 2050. Pascal Chapot, Nestlé Head of Sustainable Agriculture, discusses the challenges and opportunities...
Palm oil producer Musim Mas, oil supplier AAK and branded manufacturer Nestlé are collaborating to tackle deforestation outside concession areas in Aceh, Indonesia.
A return to growth in out-of-home channels, increased pricing and market share gains have contributed to Nestlé’s organic growth of 8.1% during the first half of the year, the company reported.
The summer special features the brand’s classic wafer alongside an indulgent layer of salted caramel popcorn filling, covered in smooth milk chocolate.
Nestlé has announced it has joined other business leaders across the food industry to support ambitious action by the European Union (EU) to increase supply chain transparency and traceability for commodities that may be linked to deforestation.
