Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Nestlé Transparent on commitments  Join our daily free Newsletter

MENAFN Press - 11/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) Nestl's efforts to meet a series of commitments in areas where the company engages with society are detailed in a new report, Nestl in Society 2013



The 35 pledges cover nutrition, water, rural development, sustainability and compliance.



Nestl 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 Nestl'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 this



They include, for example, leading the industry in nutrition and health research, and providing nutritionally sound products designed for children.



The long-term vie



"We believe that this 2013 report on Creating Shared Value at Nestl represents a significant step forward in our drive to communicate transparently," said Nestl 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

Nestl 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.



Nutrition focu



Nestl'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.







Nestl 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, Nestl will prioritise those products consumed by children and families, such as soups, snacks, pizzas and ready-made meals.

Ongoing investments in its network of research and development centres, and through its external collaborations and partnerships, will help Nestl 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 stakeholders



Five cover Nestl'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.



Fact boxe



Key achievements in 201

7,789 products have been renovated for nutrition or health considerations

More than 67 billion servings of fortified products have been provided.

Packaging material has been reduced by 66,594 tonnes, saving CHF 158 million

Overall water withdrawals have been reduced by 33% per tonne of product since 2005.

300,000 farmers have been trained through capacity-building programmes

An absolute reduction in direct GHG emissions of 7.4% has been achieved since 2005.



W.A.T.E.R commitment

Work to achieve water efficiency across our operations

Advocate for effective water policies and stewardship

Treat the water we discharge effectivel

Engage with suppliers, especially those in agricultur

Raise awareness of water access and conservation



External recognitio

Ranked number one by the charity Oxfam in its 2013 Behind the Brands scorecard

Ranked one of the top 3 global food and beverage manufacturers in the Access to Nutrition Index





Lead its industry group in the Dow Jones Sustainability Index 201

Remains the only infant formula manufacturer included in FTSE's responsible investment index

Achieved the maximum score in the CDP Climate Performance Leadership Index





For more information, please visit www.nestle.com


About Nestlé
Nestl

 


MENAFN Press




  MENA News Headlines
 Jun 29 2015 - Kuwait's Emir Receives Phone Call from German ChancellorQatar News Agency
(MENAFN - QNA) Kuwait's Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah received on Sunday a phone call from Chancellor of Germany Angela Merkel who denounced the criminal bomb attack on Imam Al-Sadiq ...

 Jun 29 2015 - Palestinian Prisoner Khader Adnan Ends 55-Day Hunger StrikeQatar News Agency
(MENAFN - QNA) Hunger-striking Palestinian prisoner, Khader Adnan, will be released in two weeks from Israeli prison, his legal counsel has confirmed with Al Jazeera. Adnan has agreed to end his ...

 Jun 29 2015 - Israel Intercepts Gaza-Bound VesselQatar News Agency
(MENAFN - QNA) The Israeli Navy has intercepted a Gaza-bound vessel sailed by pro-Palestinian activists and diverted it to an Israeli port, the Israeli military said on Monday. The military said ...

 Jun 29 2015 - UK- Burundi Starts Voting in Parliamentary ElectionQatar News Agency
(MENAFN - QNA) Voting in a parliamentary election began in Burundi on Monday, the first in a series of polls whose credibility has been undermined by weeks of violent protest sparked by President ...

 Jun 29 2015 - Qatar- HE Deputy Prime Minister Meets Senegal's AmbassadorQatar News Agency
(MENAFN - QNA) HE Deputy Prime Minister and Minister of State for Cabinet Affairs Ahmed bin Abdullah Al Mahmoud met on Monday with HE Ambassador of the Republic of Senegal to Qatar Sheikh Tijani ...

 Jun 29 2015 - Israeli Forces Arrest Five Palestinians in West Bank, JerusalemQatar News Agency
(MENAFN - QNA) Israeli soldiers arrested Monday five Palestinians, including a child and a former political prisoner, in different parts if the occupied West Bank and Jerusalem. The Israeli army ...

 Jun 29 2015 - If your old bag is clean, donate it, students urgedKhaleej Times
(MENAFN - Khaleej Times) It's a season of giving and students are offered a chance to do some charity during the holy month of Ramadan.They can now donate their used bags but in good condition to ...

 Jun 29 2015 - Mohammed bin Zayed fund spent over $1.5m on endangered speciesKhaleej Times
(MENAFN - Khaleej Times) The Mohammed bin Zayed Species Conservation Fund (MZSCF) has spent more than $1.5million last year, saving threatened, endangered or nearly extinct species around the ...

 Jun 29 2015 - UAE- Nation needs energy of its citizens to continue progress, says MohammedKhaleej Times
(MENAFN - Khaleej Times) His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has received greetings on the occasion of the holy month ...

 Jun 29 2015 - UAE- MEA set to lead GDP growthKhaleej Times
(MENAFN - Khaleej Times) The Middle East and Africa region is expected to maintain the highest real GDP growth rate in the world for more than two decades, leaving behind the Asia-Pacific, the ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help