Nestlé’s approach is based on:

• a long-term view
• strong presences in, and understanding of, countries and cultures
• responsibility and accountability.

To deliver shared value we will also:

• continue to develop new skills in response to rapidly changing markets and operating conditions
• continue to apply our global principles and standards consistently and rigorously in all countries
• foster sustainable development in partnership with others, not just in our own direct operations, but also by collaborating with others on wider issues where we can bring influence and leadership to bear.
• understand and address the risks and opportunities raised by our most critical sustainability impacts
• address them by strengthening our governance and management systems
• develop clear goals – financial, environmental and social
• work with our business partners and stakeholders to deliver shared value.

The diagram below summarizes Nestlé’s framework for Creating Shared Value.

In every part of our value chain, from sourcing to end product, Nestlé Business Principles and external standards are the basis of all our activities. At every stage, we are committed to managing impacts and delivering benefits, creating Shared Value for Nestlé and society.