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Nestle India to cut costs by going green

Nestle India to cut costs by going green
PTI
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First Published: Wed, Jun 10 2009. 06 15 PM IST
Updated: Wed, Jun 10 2009. 06 15 PM IST
New Delhi: In line with the global trend of going green, consumer goods major Nestle India is working on a series of initiatives to reduce use of natural resources and cut costs.
Some of the steps being taken by the company include utilising steam generated in its boilers for substituting fresh water. It also reuses waste water after treatment to reduce fresh water intake. Besides, the company uses waste cashew shells and coffee husk as alternative fuel for boilers.
“At the factories, efficiency and controlling costs extend beyond the commercial operations to minimise consumption of natural resources and reduce waste and emissions,” a company spokesperson said.
He said that with the help of these steps, Nestle has been able to reduce water wastage by around 70%.
“We are pleased that during the last 10 years even as sales have increased substantially, the company has reduced the generation of waste water by around 70%.”
“Nestle will continue to implement best practices and initiatives that help increase efficiencies and reduce costs,” the spokesperson said.
At the same time, the company reduced usage of water by 65%, energy consumption by 60% and generation of greenhouse gases by around 65%, the company said.
Nestle has reported an increase of 23.2% in net profit at Rs197.30 crore for the quarter ended on 31 March 2009 as against Rs160.15 crore in the last year.
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First Published: Wed, Jun 10 2009. 06 15 PM IST