We want to be the trusted leader in our sector.
Building our business on clear principles and sound governance helps maintain trust in the Nestlé brand and reduce risk throughout our value chain.
Governance at Nestlé
Our governance structure
The Board of Directors, Chairman, CEO and Executive Board supervise and manage our role in society and the CSV strategy. They are supported by the internal management bodies and relevant committees (as noted below) to deliver on our ambitions and commitments.
The Nestlé Corporate Business Principles
Our Corporate Business Principles form the basis of our culture, our values and our Creating Shared Value (CSV) strategy. The principles are available in various languages, and we have a formal commitment to provide all employees with training on them. The ongoing implementation of relevant business codes, policies, processes and tools ensures compliance. We monitor their application and effectiveness through various channels, including our CARE audits.
The Corporate Business Principles are reviewed by our Executive Board and aligned with international best practice and standards such as the UN Global Compact (UNGC) Principles.
ESG and Sustainability Council
Our new ESG and Sustainability Council advises Nestlé’s Executive Board on how to make informed and science-based decisions, while providing strategic leadership and execution support for the business. It drives the focused and aligned actions to deliver our Net Zero Roadmap for example.
Members of the ESG and Sustainability Council include Executive Board Members:
Our Sustainability Committee reflects the importance of sustainability in Nestlé's corporate governance.
The Sustainability Committee currently comprises:
As Chief Marketing Officer and Member of the Executive Committee at Schneider Electric, Chris brings deep experience in Asia through her global and regional roles. She was elected to the Nestlé Board of Directors in 2022.
Creating Shared Value Council
The Creating Shared Value Council is an external advisory council formed in 2009. The Council helps ensure the sound development of long-term sustainability and positive social and economic impacts of the CSV business strategy.
Chaired by Janet Voûte, the Nestlé Creating Shared Value Council comprises nine external members, whose expertise spans corporate social responsibility, strategy, sustainability, nutrition, water and rural development.
The Nestlé Creating Shared Value Council is made up of recognized global leaders in the fields of nutrition, water, rural development, business strategy and corporate responsibility. The members serve as advisors to help facilitate the ongoing development of the Company’s Creating Shared Value business strategy.
Georg Kell is Chairman of Arabesque, an ESG Quant fund manager that uses self-learning quantitative models and big data to assess the performance and sustainability of globally listed companies.
Georg is the Founder of the UN Global Compact, the world's largest corporate sustainability movement, with over 9000 corporate and 4000 noncorporate participants in more than 160 countries. He is also Chairman of the VW Sustainability Council.
Georg also oversaw the conception and launch of the Principles for Responsible Investment (PRI), the Sustainable Stock Exchanges (SSE) initiative and the Principles for Responsible Management Education (PRME).
Mark R. Kramer is a Senior Lecturer at Harvard Business School, where he teaches courses on Creating Shared Value and Purpose & Profit.
He is best known as the co-author of seminal articles on Creating Shared Value, Collective Impact, and Catalytic Philanthropy.
Mark co-founded FSG, a global consulting firm that helps develop social impact strategies for many of the world’s largest foundations, corporations and nonprofit organizations.
He is a summa cum laude graduate of Brandeis University, The Wharton School, and the University of Pennsylvania Law School.
Bryan Meehan is the former owner, CEO and Chair of Blue Bottle Coffee. Since acquiring Blue Bottle in 2012, he has grown the company from seven to more than 100 locations across the U.S., Japan, South Korea and Hong Kong and China.
Bryan's career has been focused on smaller companies that are challenging larger ones primarily around the areas of product quality, sustainability and innovation. Previously, he co-founded Nude Skincare and Fresh & Wild natural food stores in London (now Whole Foods).
He serves on the Board of Trustees at De Young and Legion of Honor museums in San Francisco.
Ms Neo Gim Huay is Managing Director and Head of the Center for Nature and Climate at the World Economic Forum. Prior to the Forum, Gim Huay held various Managing Director roles in Temasek International, including Climate Change Strategy, Sustainability, and Enterprise Development. She was responsible for spearheading Temasek's climate and sustainability strategy and initiatives including ESG policy, decarbonisation, impact investing and blended finance as well as capability building and stakeholder engagement.
Gim Huay has also worked as a Management Consultant at McKinsey & Co where, among others, she co-led the set up of the company's first office in Sub Saharan Africa in Lagos, Nigeria. In addition to McKinsey, Gim Huay has held multiple positions in the Singapore Government, including in the trade and finance ministries and US Embassy in Washington, D.C.
Gim Huay holds an MBA from Stanford University, graduating in the top 10% of the class as an Arjay Miller Scholar. She has a Masters in Engineering (Distinction) and Bachelor of Arts (First Class) from Cambridge University. She was selected an Eisenhower fellow in 2015.
Prabhu Pingali is Professor and Director of the Tata-Cornell Agriculture and Nutrition Initiative at Cornell University and Full Professor in Applied Economics.
He has more than 25 years of experience in assessing the extent and impact of technical change in developing agriculture in Asia, Africa and Latin America.
He was formerly the Deputy Director of the Agriculture Development Program at the Bill and Melinda Gates Foundation and Director of the Agricultural and Development Economics Division of the Food and Agriculture Organization (FAO), and he earned a PhD in Economics from North Carolina State University in 1982.
Frederick K. Swaniker is the co-founder of the African Leadership Group – an ecosystem of organizations that aim to catalyze a generation of ethical, entrepreneurial African leaders.
Collectively, these institutions aim to develop 3 million leaders for Africa by 2035.
Fred previously worked as a McKinsey consultant in South Africa before earning an MBA from Stanford. He is a World Economic Forum Young Global Leader; an Echoing Green Fellow; an Aspen Institute Fellow; was named one of Forbes magazine’s ‘Top ten young “power men” in Africa’ in 2011; and, most recently, was recognized as one of TIME magazine’s most influential people of 2019.
Janet Voûte is the Chairperson of the Creating Shared Value Council and a Non Executive Director at Bupa, the leading international health insurance and healthcare company.
She is currently a member of the Advisory Council at SustainAbility and is an Ambassador for the International Integrated Reporting Initiative.
Previously, Janet served as Global Head of Public Affairs at Nestlé. She spent 10 years in public health, serving as Partnership Advisor at the World Health Organization in the area of noncommunicable diseases and mental health, and as CEO of the World Heart Federation.
She began her career in corporate strategy consulting, where she was Vice President and Managing Partner at Bain & Company, Switzerland, focused on consumer goods and health-related industries.