Nestl\u00e9 has today been again commended for its climate action, achieving a place on global environmental impact non-profit\u00a0CDP's prestigious \u2018A-List\u2019 for climate change, based on the company\u2019s climate reporting in 2019. CDP's annual environmental disclosure and scoring process are widely recognized as the gold standard of corporate environmental transparency. The annual \u2018A list\u2019 names the world's businesses leading on environmental performance. Nestl\u00e9 was recognized for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy. Nestl\u00e9 is one of a small number of high-performing companies out of thousands that were scored. Magdi Batato, Executive Vice President, Head of Operations at Nestl\u00e9, said: "Nestl\u00e9 is pleased to be on the\u00a0CDP\u00a0climate 'A list' again this year. This pays tribute to our leadership in climate change, which is one of the biggest threats we face as a society and to the sustainability of our business. Last year, we announced that we will accelerate action to tackle climate change and committed to zero net emissions by 2050. We will continue to step up our efforts and we call on others to embark on this journey with us." Nestl\u00e9's 2050 net-zero ambition\u00a0builds on the company\u2019s decade-long efforts to reduce greenhouse gas emissions in its value chain. Plans to achieve this goal include restoring farmland and forests, increasing the use of renewable energy and reformulating products that have a better environmental footprint and contribute to a balanced diet. As the company continues to step up its climate efforts, last week\u00a0Nestl\u00e9 announced it will invest up to\u00a0CHF\u00a02 billion\u00a0to lead the shift from virgin plastics to food-grade recycled plastics and to accelerate the development of innovative sustainable packaging solutions.