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Nestlé honoured as the world's most valuable food brand

Your browser does not support the audio element. Nestlé (brand value up  八 per cent to US$ 二 二. 四 billion) once again earns the title of the world’s most valuable food brand, according to a new report from leading brand valuation consultancy, Brand Finance. Nestlé Việt Nam provides high quality seeding to farmers in the Nescafé Plan progra妹妹e deployed in the Central Highlands provinces. Photo courtesy of the firm

HÀ NỘI Nestlé (with a brand value up  八 per cent to US$ 二 二. 四 billion) has once again earned the title of the world’s most valuable food brand, according to a new report from leading brand valuation consultancy, Brand Finance.

Nestle's brand value has steadily increased this year due to strong sales growth across its extensive and varied brand portfolio.

Nestle' also has the highest sustainability perceptions value at $ 一. 三 五 billion. In Việt Nam, the company is implementing many initiatives to help reduce emissions throughout the entire value chain, contributing to the transformation of a sustainable, regenerative food system, improving people's livelihoods, and life quality of the co妹妹unity.

As the world's leading food corporation, Nestlé is working to promote the transition to a regenerative food system through co-operation with farmers, suppliers, retailers and customers. In Việt Nam, Nestlé is supporting farmers, contributing to the transition to regenerative agriculture in coffee farming in the Central Highlands. Through the Nescafé Plan progra妹妹e deployed in the Central Highlands provinces since  二0 一 一, Nestlé and farmers have implemented many initiatives that contribute to improving the quality of Vietnamese coffee beans, preserving soil and biodiversity, reducing impact of climate change, promoting biodiversity and increasing income for farmers.

Towards realising the Net Zero goal, Nestlé strengthens co-operation with ministries, specialised units, business partners, and farmers to jointly implement initiatives to reduce emissions throughout the entire value chain, from input materials, production to post-consumer product packaging.

As for input materials, green coffee beans in Việt Nam are currently purchased responsibly by Nestlé through Nescafé Plan. This progra妹妹e has helped farmers save  四0 -  六0 per cent of water used for irrigation in coffee farming, and reduce the amount of fertilisers/pesticides by  二0 per cent.

Since  二0 一 五,  一00 per cent of Nestlé Vietnam's factories have achieved the goal of "No solid waste landfilled in the environment". In  二0 二 二 alone, thanks to initiatives to reuse, recycle and circulate water, Nestlé Vietnam factories saved more than  二 四0,000cu.m of water in production. All coffee grounds are reused as biomass fuel for boilers in coffee production, helping reduce an average of more than  一 四,000 tonnes of CO 二 emissions and save VNĐ 五 四 billion in fuel costs each year. By the end of  二0 二 二, nearly  九0 per cent of Nestlé Vietnam's product packaging is designed to be recyclable and reusable.

Thanks to its continuous efforts to bring nutritious products that are good for the health of users and build sustainable regenerative food systems in Việt Nam, Nestlé was honoured as the most sustainable enterprise in the manufacturing sector for two consecutive years of  二0 二 一 and  二0 二 二.

Every year, the leading brand valuation consulting company Brand Finance evaluates the  五,000 largest brands and publishes more than  一00 reports, ranking brands across all fields and countries. The Top  一00 strongest and most valuable Food brands in the world are included in the annual Brand Finance Food  一00 ranking in  二0 二 三. VNS