Gigantic companies have a huge impact on the world's climate and people. Grünfin drives sustainability by meeting with major firms. We push companies on major initiatives that affect the planet like greenhouse gas reductions and that affect people like more nutritious food offerings.
Q: “Will Nestlé move some marketing spending from less healthy products towards healthier ones to help shift consumers towards a healthier portfolio?" A: "We won’t commit to spending in one category or another, but marketing and R&D are two of the most important levers for accelerated growth within the healthy part of our portfolio. This has already started, with around 70% of our total marketing spending focused on the healthier side of the portfolio."
Q: “What targets is BNP committing to by 2030 to reflect its fair share of emissions?” A: “BNP has recently stopped all financing of new oil and gas fields and targets a low-carbon energy financing amount of at least €40 billion by 2030. We will publish this information annually for the sake of transparency.”
Q: “We applaud Covestro for its goal of net zero emissions and transition process to 100% renewable energy. However, how will you address any possible residual emissions you anticipate?” A: “Covestro’s goal is to achieve net zero greenhouse gas emissions in its production by 2035. We do our utmost to reduce our emissions through renewable electricity and green steam. Should there still be unavoidable residual emissions after this, we will consider high-quality compensation measures as a last resort in accordance with the Greenhouse Gas Protocol.”