A softening of food demand was to be expected in 2023 given the magnitude of food price inflation experienced over the past two years, said Nestle's CEO.

Analyzing factors like brand strength, revenue and royalty rates to determine brand value, Brand Finance’s annual report has consistently ranked Nestle No. 1 since it was first published in 2015.

Nestle’s investment in Ganado builds on the company’s 2020 investment in the US solar project Taygete I.

Nestle SA’s greenhouse gas emissions (GHG) declined by 6.4% to 112.9 million tonnes in 2022, according to the company’s Creating Shared Value and Sustainability Report issued March 21.

The two food giants are teaming up with the National Fish and Wildlife Foundation (NFWF) in a conservation effort.

Nestle SA’s stock-keeping unit (SKU) rationalization program has evolved from a short-term initiative to a company-wide strategic priority. 

The world’s largest food company said its efforts primarily will focus on three initiatives.