Nestlé S.A.: Nestlé: Transparent on commitments
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Nestlé's efforts to meet a series of commitments in areas where the company
engages with society are detailed in a new report, Nestlé in Society 2013.
The 35 pledges cover nutrition, water, rural development, sustainability and
Nestlé aims to fulfil all these commitments by 2020 or earlier. Ten are new
this year and six are updated, based on feedback from stakeholders over the
last 12 months.
The report underlines Nestlé's fundamental belief that, for a company to be
successful over the long term and create value for shareholders, it must also
create value for society. The commitments show our determination to achieve
They include, for example, leading the industry in nutrition and health
research, and providing nutritionally sound products designed for children.
The long-term view
"We believe that this 2013 report on Creating Shared Value at Nestlé
represents a significant step forward in our drive to communicate
transparently," said Nestlé Chairman Peter Brabeck-Letmathe.
"For a company like ours to prosper, we must take a long-term view, framed in
a robust set of principles and values based on respect," he added.
Nestlé Chief Executive Officer Paul Bulcke said he hoped the report would
enable shareholders and stakeholders to hold the company accountable, and to
offer guidance and feedback.
"This is a set of forward-looking commitments covering every part of our
business, providing a clear sense of the strategic direction we are heading in
and the standards to which we hold ourselves accountable," Mr Bulcke said.
"They are real, they are credible, and we will do everything in our power to
make sure they are deliverable. But we know that there will be challenges
along the way, and these too we will share with you."
Nestlé's renewed policies for the reduction of salt, sugars and saturated fats
and the removal of trans fats originating from partially hydrogenated oils
highlight its ongoing commitment to global public health.
Nestlé is committed to reducing both sodium (salt) and sugars in its products.
When reducing the saturated fats and removing trans fats originating from
partially hydrogenated oils in its products, Nestlé will prioritise those
products consumed by children and families, such as soups, snacks, pizzas and
Ongoing investments in its network of research and development centres, and
through its external collaborations and partnerships, will help Nestlé achieve
these targets and continually and positively contribute to society's
nutrition, health and wellness needs long into the future.
The new commitments added to this year's report are the result of specific
recommendations received on the 2012 report during engagement with
Five cover Nestlé's existing W.A.T.E.R. commitments, giving them greater
emphasis and making the company publically accountable for their attainment.
Other commitments that the company has undertaken focus on people - including
a promise to assess and address human rights impacts in its operations and
supply chain, to eliminate child labour and to enhance gender balance.
Nestlé in Society (pdf, 3Mb):
What is CSV?
Creating Shared Value Global Forum 2013
Annual Report (pdf, 5Mb):
Year in Review (pdf, 6Mb):
CSV case studies: Around the world
How we implement our commitments: Nutrition
The Cocoa Plan
The Nescafé Plan
More stories about Nestlé and Creating Shared Value:
Nestlé first major multi-national to launch human rights white paper
Nestlé's Creating Shared Value Forum: A coffee farmer's story
Nestlé USA one of 16 firms which cut calories sold by 6.4 trillion
Nestlé tops global corporate responsibility survey
Nestlé inaugurates experimental farm in Côte d'Ivoire
Nestlé Corporate Media Relations
Tel: +41 21 924 2200
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Source: Nestlé S.A. via Globenewswire
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