Nestle to invest $1 billion towards sustainable coffee farming plan

The new plan builds on a previous coffee-sustainability effort that started 12 years ago involving around 100,000 farmers; the goal is to double that in the coming years

The largest coffee corporation in the world, Nestle SA, has committed to investing more than 1 billion Swiss francs ($1 billion) by 2030 to help farmers who supply its Nescafe brand use more sustainable agricultural practises as crops are threatened by climate change and extreme weather.
 

To encourage farmers to take sustainable farming actions, such as growing cover crops to protect the soil, Nestle will provide training to them about the best planting methods as well as financial incentives. Nescafe sources its beans from a vast network of more than 500,000 farmers, and the firm plans to increase the number