The new Nestlé Supplier Code was approved by the Executive Board in April 2008. This code aims to specify and help the continued implementation of our Corporate Business Principles by establishing certain non-negotiable minimum standards that we ask our suppliers, their employees, agents and subcontractors to respect and to adhere to at all times when conducting business.
We want to ensure both responsible sourcing and supplier relationships which will deliver a competitive advantage. One basis for this will be the Nestlé Supplier Code; this replaces our previous "Nestlé Principles of Purchasing".
The Nestlé Supplier Code is more precise in defining what Nestlé expects from suppliers and is written in a more concise format. The Nestlé Supplier Code will be added to all purchasing / supply contracts. The roll-out of the Nestlé Supplier Code will take place in each Market and business and will cover all existing and new suppliers.