Nestlé recently issued an Emissions Reduction and Removal Request for Proposals (the RFP). Through the RFP, Nestlé is seeking to identify potential emissions reduction and removal projects within its value chains to support its goals of reducing GHG emissions by 20% by 2025, 50% by 2030, and to achieve net zero emissions by 2050. The RFP is meant to identify, validate, and build a carbon reduction and removal project portfolio aligned with Nestlé’s targets under the Science Based Targets initiative (SBTi).
The RFP seeks proposals for the following two classes of projects:
- Supply Chain Carbon Projects — on farms that produce commodities of relevance to Nestlé.
- Landscape Projects — off-farms in the near vicinity of farms that directly supply Nestlé or supply markets from which Nestlé purchases.
The RFP focuses on projects that are connected directly or indirectly to Nestlé value chains (dairy products, fresh milk, cocoa, coffee, vegetable fats and oils, meat, cereals and grains) and deliver impact at scale and/or innovative interventions that lead to scalable projects. Winrock International is assisting Nestlé with the RFP. Interested parties are encouraged to attend a webinar on the RFP on July 9th by emailing their interest to Winrock and must submit applications for the RFP by July 30, 2021.