Loading...
Thumbnail Image
Publication

The Nestlé Creating Shared Value Report

Nestlé S.A., Public Affairs
Contributor(s)
GE Subjects
Economic ethics
Business ethics
Ethics of economic systems
Labour/professional ethics
Technology ethics
Trade ethics
Consumer ethics
Collections
Research Projects
Organizational Units
Journal Issue
Online Access
Abstract
"For a business to be successful in the long term it has to create value, not only for its shareholders but also for society. We call this Creating Shared Value. It is not philanthropy or an add-on, but a fundamental part of our business strategy. Simply stated, in order to create value for our shareholders and our Company, we need to create value for the people in the countries where we are present. This includes the farmers who supply us, our employees, our consumers and the communities where we operate. As a necessary condition for Creating Shared Value, we need to demonstrate responsible behaviour – by assuring compliance and sustainability. This includes complying with Nestlé Business Principles, national laws and international norms, and ensuring that our actions are environmentally sound, socially just and economically viable. This publication is an integral part of our overall Company reporting, and is a companion document to the 2007 Nestlé Management Report and Governance Report. It is a fi rst step in providing increasing amounts of worldwide information about the Company. With the development of GLOBE, our new business management information system, we can begin to provide increasing amounts of information regarding Nestlé on a worldwide basis which were previously inaccessible. As additional areas of GLOBE are implemented in future years, in areas such as human resources and product composition, we will be able to expand our reporting accordingly."(pg 2)
Note(s)
Topic
Type
Preprint
Date
2008-03
Identifier
ISBN
DOI
Copyright/License
With permission of the license/copyright holder
Embedded videos