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TED Talks Daily

Can global food companies make the shift to regenerative agriculture? | Steve Presley

TED Talks Daily

TED

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4.111.9K Ratings

🗓️ 27 July 2023

⏱️ 11 minutes

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Summary

Sharing the inside scoop on how the world's largest food company aims to reach net zero by 2050, Nestlé North America CEO Steve Presley joins TED's Lindsay Levin to discuss the progress they've made so far and where they're investing for sustainability. A big focus will be regenerative agriculture -- producing food in a way that helps the planet instead of harming it -- by working with farmers and other partners across the entire food production process.

Transcript

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0:00.0

I'm Elise Hugh, you're listening to Ted Talks daily. Food production accounts for about

0:15.8

30% of all greenhouse gas emissions. To cut those down, the way food is grown, sourced,

0:22.4

and packaged has to change. To paint a picture of how that conversion is happening, in the

0:27.7

farming and food space, Steve Pressley, the head of Nestle North America, sits down with Ted's

0:33.7

head of partnerships and impact, Lindsay Levin, after the break.

0:37.0

Great to be here with you, and you started your career at Nestle in a beverage factory in Suffolk

0:45.4

Virginia, I believe, way back when, and today you run the largest business division of the

0:51.8

world's largest food company. Give us a sense of what that means.

0:56.3

Yeah, I mean, obviously, as you said, Nestle is the world's largest food company. It's also one of

1:00.5

the largest food in beverage companies in North America. We're actually in 95% of the households in

1:05.7

the U.S. with one of our brands, and if you think about our brands, most people know us through our

1:09.8

brands. DeGiorno, Stofers, Hot Pockets, Starbucks at Home, Coffee Mate, or any of our Purine

1:16.7

and Petco products. And so we have a really broad, vast portfolio of products. And as we work across

1:23.4

that, how do we bring that to life? We bring it to life with 30,000 amazing team members around

1:29.1

the country that are spread around 119 facilities in 28 different states that really are focused on

1:35.2

trying to make our business and the contributions to the society much better every single day.

1:39.2

But if you kind of step back at a global level, we actually sell a billion Nestle products every

1:44.0

single day in 188 countries around the world. So massive scale. And to do that, we work directly

1:51.1

with 500,000 farmers around the world directly and indirectly over a million.

1:57.7

So that's a lot of responsibility, right? We think about food, we think about farming, we think

2:02.6

about the responsibility of the agricultural industry, terms of soil, in terms of water,

2:07.5

in terms of emissions. Give us a sense of the challenges that you're now seeking to address as

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