Mar 11, 2014
Nestlé reports progress on commitments in Creating Shared Value Report
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 (pdf, 3Mb).
The 35 pledges cover nutrition, water, rural development, sustainability and compliance.
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 this.
They include, for example, leading the industry in nutrition and health research, and providing nutritionally sound products designed for children.
Read the full story and find out more about how Nestlé puts Creating Shared Value into practice around the world.
Mar 11, 2014
Nestlé publishes 2013 Annual Report
We have published our 2013 Annual Report (pdf, 5Mb), outlining our performance over the past year and our strategic ambitions for 2014 and beyond.
Nestlé’s CEO Paul Bulcke said the results achieved over the last year reflected both a focus on short-term growth and long-term performance.
“The results in 2013 showed our determination to grow your company profitably and sustainably, allowing us to deliver over time the Nestlé Model of organic growth of 5–6% together with improvements in our trading operating profit margin and earnings per share in constant currencies and in our capital efficiency. Indeed, our average organic growth has been 6.1% over the last ten years, during which time we also consistently improved our operating profit margin,” he said.
The Annual Report contains our Corporate Governance Report (pdf, 3Mb) and our Financial Statements (pdf, 1Mb). It is published alongside the summary report Nestlé in society: Creating Shared Value and meeting our commitments (pdf, 3Mb) and a new document, our Year in Review (pdf, 6Mb).
Read our reports in other languages.
Mar 11, 2014
Nestlé Chairman writes to shareholders on Articles of Association
Nestlé Chairman Peter Brabeck-Letmathe has written to shareholders, explaining the proposed changes to the company’s Articles of Association which follow the revision of Swiss corporate law.
“We want to provide maximum transparency and fairness to our shareholders, while we preserve the stability that we need to run our company efficiently and competitively,” he says in the letter which is included in the invitation to Nestlé’s Annual General Meeting due to take place on April 10th.
The letter explains that the revision of the Articles of Association is taking place a year ahead of the legal requirement “in order to create the legal certainty that we need for our company and in order to live up to our own commitment to be at the forefront of corporate governance practices in Switzerland”.
Read the chairman's letter (pdf, 35Kb).
Read all the documents sent to shareholders about the AGM and proposed changes in events.
Mar 10, 2014
Garoto launches chocolate World Cup
Nestlé’s Brazilian chocolate brand Garoto has launched a milk chocolate World Cup trophy, giving football fans the chance to lift the hallowed prize for themselves.
As an official partner of the FIFA World Cup, the brand has released the chocolate replica to celebrate football’s most famous competition.
The trophy, a replica of the FIFA World Cup that dates back to 1974, is the only official chocolate trophy of the competition. It will be available exclusively in Brazil from March until the end of the competition, which takes place this year from June-July.
Mar 7, 2014
Grumpy Cat wins new Friskies deal
Grumpy Cat, the internet sensation and the face of Friskies, has had her contract to promote the petfood brand renewed.
Grumpy Cat was originally signed to endorse the brand in September 2013 but the deal has now been extended into 2014.
Internationally famous for her pessimistic yet hilarious photo memes and viral videos, Grumpy Cat has a fan base that includes almost one million Facebook fans, and wide appeal across social media.
Grumpy Cat has also taken the real world by storm with a movie deal, a book on the New York Times bestseller list, a branded coffee drink, and an expanding line of merchandise, making Grumpy one of the biggest cat celebrities of all time.
Read the St Louis Post-Dispatch’s article on how Grumpy Cat “makes a lot of people happy”.
Mar 6, 2014
Nestlé dedicated to women’s empowerment worldwide
As the United Nations meets this week for its 6th Annual Women’s Empowerment Principles event, Nestlé has shared its efforts to empower women and girls worldwide.
Nestlé works in cooperation with almost 750,000 women to provide technical and business skills. The company aims to boost education, training and opportunities, to encourage the professional development of women in the marketplace and community.
The UN event focuses on Gender Equality and the Global Jobs Challenge, with the aim of increasing quality employment opportunities for women around the world.
Read more about how Nestlé works to empower women.
Flickr images: discover the highly skilled women working with Nestlé.
Mar 5, 2014
A coffee farmer’s story in Côte d’Ivoire
Coffee farmers in Côte d’Ivoire are improving their agricultural practices as the demand for Nescafé coffee grows in the country and across the globe.
Nestlé is committed to providing Ivorian farmers with more than 27 million high-yielding disease-resistant plantlets which will be developed by the Nestlé Research and Development Center in Abidjan. This will help Nestlé source coffee sustainably, working closely with farmers to ensure competitive prices and traceability.
Read more about coffee farmer Francois Dadi Serikpa, from the Ivorian region of Gnamagnoa, who is just one of more than 147,000 farmers in eleven countries taking part in the Nescafé Plan.
Mar 5, 2014
Nestlé partners with the World Society for the Protection of Animals
Nestlé has announced a partnership with the World Society for the Protection of Animals (WSPA), a global NGO that has been working with governments, communities and international agencies to improve animal welfare for more than 30 years.
Nestlé is the first major food company to form a global partnership with an animal welfare NGO. The WSPA will work with Nestlé and its suppliers to further improve farm animal welfare in Nestlé’s global supply chain.
Read more about Nestlé’s Commitment (pdf, 102 Kb) and Responsible Sourcing Guidelines on Farm Animal Welfare (pdf, 2 Mb), and view WSPA’s announcement on the partnership.