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 Creating Shared Value strategy. They are supported by internal management bodies and relevant committees to deliver on our ambitions and commitments.
- Board level
- Nestlé executive
- External advisory
The board is responsible for the Company's strategy and organization, including financial and non-financial reporting. This comprises identifying and enforcing both statutory and internal disclosure rules on ESG matters, particularly where ESG risks may affect the Company’s performance.
Sustainability Committee (SC)
The SC reviews the Company’s sustainability agenda including the measures which ensure the Company’s long-term sustainability strategy and its ability to create shared value.
Audit Committee (AC)
The AC is informed of the content of our non-financial reporting and audit process of selected assured metrics.
The Company’s Executive Board is responsible for the execution of the Company’s sustainability strategy, which includes the handling of the mandatory reporting obligations, with delegation to the ESG and Sustainability Council.
The CSV Council is an external advisory body that advises senior management on a range of sustainability issues.
The ESG and Sustainability Council provides strategic leadership and execution support, and drives the implementation of Nestlé’s sustainability strategy, including our 2050 Net Zero Roadmap, ensuring focus and alignment.
- 2050 Net Zero
- Sustainable Packaging
- Sustainable Sourcing
- Communications and Advocacy
Management is responsible for ensuring the provision of relevant data for the Group non- financial reporting, and for complying with the non-financial reporting obligations at local level.
Ensures execution, monitors external developments, and defines KPIs in support of Nestlé’s sustainability strategy. Coordinates sustainability activities and has the oversight of internal ESG data and external disclosures. It also advises Nestlé’s ESG and Sustainability Council.
The Nestlé Corporate Business Principles
Our Corporate Business Principles form the basis of our culture, our values and our Creating Shared Value strategy. The principles are available in various languages and we have a formal commitment to provide all employees with training on them.
The principles are reviewed by our Executive Board and aligned with international best practice and standards such as the UN Global Compact Principles.
The ongoing implementation of relevant business codes, policies, processes and tools ensures compliance throughout the business. We monitor their application and effectiveness through various channels, including our CARE audits, and update where necessary.
Our Sustainability Committee reflects the importance of sustainability in Nestlé's corporate governance. Its purpose is to review the company’s sustainability agenda against its ability to create shared value.
The Sustainability Committee comprises:
Following a successful career that included ten years in senior roles at McKinsey & Company, Hanne co-founded and served as Chairperson of Swiss-based management consultancy a-connect in 2002. She was elected to the Nestlé Board of Directors in 2020.
With a Master’s degree in Agriculture/Grassland Science and a PHD in Agriculture/Animal Physiology, Lindiwe is a professor and senior research fellow at the University of Pretoria, South Africa, and Director and Chairwoman of the African Research Universities Alliance Center of Excellence in Sustainable Food Systems. She was elected to the Nestlé Board of Directors in 2021.
As Chief Marketing Officer and a 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.
ESG and Sustainability Council
Our ESG and Sustainability Council oversees our sustainability strategy, advises the Nestlé Executive Board on how to make informed and science-based decisions, and helps to accelerate and standardize decision-making on a global level. It has the following workstreams: 2050 Net Zero, Sustainable Packaging, Water, Sustainable Sourcing and Communications and Advocacy.
Members of the ESG and Sustainability Council include Executive Board Members:
A board member of the World Business Council for Sustainable Development, Magdi holds a PHD from the Ecole Polytechnique Fédérale, Lausanne, Switzerland. He joined Nestlé in 1991 as a technical engineer and became a Factory Manager for Nestlé Lebanon in 1997. Following several other progressively senior roles he now serves as our Head of Operations.
With a PHD in Process Engineering and an MBA in marketing, Stefan is an Associated Professor of Food Science and Technology at the University of Copenhagen. He joined Nestlé as a project manager over 20 years ago and is now our Chief Technology Officer.
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 Nestlé’s CSV business strategy.
Chaired by Janet Voûte, the council comprises nine members, whose expertise spans corporate social responsibility, strategy, sustainability, nutrition, water and rural development.
Georg is Chairman of Arabesque, a fund manager that uses self-learning quantitative models and big data to assess the performance and sustainability of globally listed companies.
He is the Founder of the UN Global Compact, the world's largest corporate sustainability movement, with over 9 000 corporate and 4 000 non-corporate participants in more than 160 countries. He is also Chairman of the VW Sustainability Council.
Mark is a senior lecturer at Harvard Business School, where he teaches courses on creating shared value and purpose and 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.
Bryan is the former owner, CEO and Chair of Blue Bottle Coffee. After acquiring Blue Bottle in 2012, he grew the company from seven to more than 100 locations across the U.S., Japan, South Korea, 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 acquired and rebranded as Whole Foods).
Gim Huay is Managing Director and Head of the Center for Nature and Climate at the World Economic Forum. Prior to the Forum, she held various managing director roles at 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, decarbonization, impact investing and blended finance as well as capability building and stakeholder engagement.
Gim Huay was previously a management consultant at McKinsey & Company in Lagos, Nigeria and has held multiple positions in the government of Singapore, and at the US Embassy in Washington, D.C.
Stuart is the Leader of the WWF Freshwater Practice at World Wide Fund for Nature. He has spent his career devising and testing innovative approaches to freshwater conservation by engaging business and finance, and focusing on emerging themes such as the water-food-energy nexus, economic incentives, bankable financing and water-related risk.
He has written numerous scientific papers and publications on issues ranging from corporate water governance to fish protein. He serves on a number of advisory councils and non-profit boards as well as supporting conservation projects in over 40 countries.
Prabhu 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.
Frederick 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 three million leaders for Africa by 2035.
He previously worked as a consultant for McKinsey & Company in South Africa before earning an MBA from Stanford. He is a World Economic Forum Young Global Leader, an Echoing Green Fellow and an Aspen Institute Fellow. Fred was named one of Forbes magazine’s ‘Top ten young power men in Africa’ in 2011 and was recognized as one of TIME magazine’s most influential people of 2019.
Janet 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.
With a Master’s degree in Agriculture/Grassland Science and a PHD in Agriculture/Animal Physiology, Lindiwe is a professor and senior research fellow at the University of Pretoria, South Africa and Director and Chairwoman of the African Research Universities Alliance Center of Excellence in Sustainable Food Systems. She was elected to the Nestlé Board of Directors in 2021.