Nestlé invests in Ocean 14 Capital Fund I to support the blue economy and Purina's sustainability journey

Nestlé invests in Ocean 14 Capital Fund I to support the blue economy and Purina's sustainability journey

May 10, 2024

Nestlé has today announced an investment in the Ocean 14 Capital Fund I, which focuses on driving a sustainable and regenerative 'blue economy' - a sector that uses ocean resources for economic growth and preservation.

This investment is aligned with Nestlé's overarching sustainability goals and can provide opportunities to help advance the sustainability journey of one of its leading categories, Nestlé Purina PetCare, in particular. This includes exploring low-carbon ingredients such as alternative proteins for pet food, ensuring sustainable sourcing within its value chain, and protecting the ocean ecosystem from which Purina sources fish by-products.

Using the United Nations Sustainable Development Goal number 14: Life Below Water as a guiding principle, the Ocean 14 Capital Fund I invested in entrepreneurs and businesses with big ideas around aquaculture, alternative proteins, reducing plastic waste pollution, protecting ecosystems and marine flora, and ending overfishing.

Nestlé S.A. Vevey, Switzerland

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