This Multinational Company Will Plant 3.5 Million Trees in Mindanao
Multinational corporation Nestle is leading one of the largest and most ambitious reforestation projects in the Philippines. It is planting 3.5 million endemic species of trees in Mindanao in hopes to minimize the impact of greenhouse gas emissions in the world.
Bamboo was among the selected trees for this initiative. The company will plant 2.5 million bamboos in the island, and one million native tree species. Bamboo is a fast-growing plant that traps plenty of carbon within its stalk.
“This reforestation effort supports Nestle's goal to plant 200 million trees by 2030,” Nestle said in a statement.
The company has partnered with One Tree Planted, a non-profit environmental organization focusing on global reforestation.
Nestle also plans to scale up its actions in regenerative agriculture by deploying nature-based solutions to absorb greenhouse gases to achieve its net-zero target by 2050.
According to Nestle, the project is targeting the island of Mindanao for the reforestation initiative because it considers Mindanao as a “critical agricultural area.”
“Nestle aims to make a positive impact on the critical agricultural areas where Nestlé sources its ingredients,” the company said in a statement.
Mindanao is considered the food basket of the Philippines. Nestlé sources coffee beans from this Mindanao.
“Planting bamboo native to the Philippines in this sourcing region (known as ‘insetting’) aims to absorb greenhouse gas emissions, conserve local biodiversity, improve water quality and restore degraded soils,” said Nestle.