It begins with the understanding that for our business to prosper over the long term, the communities we serve must also prosper. It will also reshape capitalism and its relationship to society. Creating shared value from redefining productivity in the value chain focuses on improvements. For more information, download our flyer pdf, 584 kb or contact us at. We believe that our company can only be successful in the long term by creating value both for our shareholders and for society. The winner is selected by the nestle creating shared value advisory board and is presented with the award at our creating shared value forum. The nestle concept of corporate social responsibiilty. Creating shared value is a fundamental part of nestles way of doing business that focuses on specific areas of the companys core business activities where value can best be created both for society and shareholders.
Building on creating shared value looking to the future, creating shared value remains a fundamental guiding principle for how we do business. Our reporting comprises a comprehensive online report, which can also be downloaded as a pdf pdf, 5 mb, and a printed, summary report pdf, 3 mb, which this year focuses on the creating shared value focus area of nutrition. It is our expression of creating shared value, a way of doing business defined by michael porter and adopted by nestle. Nespresso sustainability farmers awards 2019 pdf,1 mb the positive cup creating shared value report pdf,8 mb csv 2017 status and 2020 outlook report pdf. Creating shared value is a fundamental nestle business principle. The nestle concept of corporate social responsibility shared value. Creating shared value is a basic principle in business strategy and fundamental to our overall success as a company. Introduction from fiona kendrick targets and performance summary our approach. This approach, called creating shared value csv, is the principle for how we do business. Creating shared value with nestle corporate social responsibility. It is open to social and private enterprises, and nongovernmental organisations.
Call for entries for the 2014 nestle prize in creating shared value is now closed. Nespresso sustainability farmers awards 2019 pdf,1 mb the positive cup creating shared value report pdf,8 mb csv 2017 status and 2020 outlook report pdf,5 mb. Nestle pakistan, as part of its global and local obligations, believes in creating shared value csv for the communities in which it works and lives. Rural development we are committed to creating positive impact in communities where we operate. To ensure longterm success of our company, we believe we must also shape a better, healthier world for society. Pdf on feb 16, 2016, asit k biswas and others published creating shared value. Creating shared value is fundamental to nestle professional. Nestles creating shared value approach brings business and society together, creating sustainable economic value that also produces wider societal benefits. Nestle in society creating shared value and meeting our. Gri content index pdf, 4mb ungp reporting framework index of answers pdf, 400kb.
Company marks progress on goals with 11 completed target objectives and the addition of 16 new target objectives washington dc,jun 7, 2016 nestle in the united states today released its 2015 creating shared value report announcing the companys achievements in nutrition, health and wellness. Creating shared value for the communities is a core essence of the company and is embedded into our business model. Creating shared value and meeting our commitments summary pdf, 2mb full report pdf, 15mb appendices. The health of our company is intrinsically linked to the health and resilience of the society we operate in. For a business to be successful in the long term it has to create value, not only for its shareholders but also for society.
Introduction from fiona kendrick targets and performance summary our approach governance our reporting environmental impact 10 we are committed to operating as responsibly. Creating shared value csv has been presented as the saviour of capitalism, a way to vanquish the perception that business profit at the expense of society. The nestle creating shared value report creating shared value for a business to be successful in the long term it has to create value, not only for its shareholders but also for society for a business to be successful in the long term it has to create value, not only for its shareholders but also for society. Creating shared value is the fundamental way nestle does business across the entire value chain, and the way we connect with society at large.
This case considers nestles creating shared value csv strategy, which focused on the three categories of nutrition, water, and rural development. Creating shared value creating shared value csv is fundamental to how we do business at nestle. Nestle in society and creating shared value key performance indicators gri 2015 2016 page economic total group sales chf million a g4ec1 88785 89469 na net profit chf million b g4ec1 9066 8531 na nutrition products meeting or exceeding nestle nutritional foundation profiling criteria % of total salesc g4ec1 81. The success of our company is well known, in the coffee industry and wider business community. The nestle creating shared value prize the nestle csv prize, awarded every two years, helps expand or replicate initiatives that address challenges in nutrition, water and rural development. Nestle purina publishes creating shared value report for americas business advancing pet nutrition, making a big impact on pets, people and the planet nestle purina has released its 2016 creating shared value report for the americas, demonstrating how the company is making a positive impact for pets, people and the planet. Creating shared value is a fundamental part of nestles way of doing business that focuses on specific areas of the companys core business activities namely water, nutrition, and rural development where value can best be created both for society and shareholders.
Environmental sustainability is a big part our approach. A framework for creating shared value 5 nestles philosophy. Creating shared value remains the fundamental guiding principle for how nestle does business. In the packaged food and beverage industry, pressure had mounted since the 1990s to improve supply chain sustainability and provide healthier, more natural foods, leading to consolidation and. A seasoning cube with a social impact produced at our flowergate factory in nigeria, maggis new naija pot seasoning responds to local tastes and the preferences of todays consumer for simple and familiar ingredients, while offering an improved nutritional profile that contains less salt. The foundation strategy group fsg, a nonprofit consulting firm is among the founding members of the creating shared value strategy and in their report measuring shared value discusses the ways in which companies can create value by reconceiving products and markets, redefining productivity in the value chain and enabling cluster development. Creating shared value csv is the basic way we do business, which states that in order to create longterm value for shareholders, we have to create value for society. Nestle in latin america 11 agriculture and sourcing 12 knowledge transfer and farm assistance sourcing practices for quality, safety and sustainability research and development for better yields. Its an approach based on respect for people, cultures. Creating shared value and meeting our commitments 2016 full report.
Nestle in society and creating shared value key performance indicators. This will drive the next wave of innovation and productivity growth in the global economy. It could also drive the next wave of innovation and growth as it opens managers eyes to immense human needs to be met, large new markets to be served, and the internal costs of social deficitsas well as the competitive advantages available from addressing them. Perhaps most important of all, learning how to create shared value is our best chance to legitimize business again. Good food, good life creating shared value and meeting our commitments 2018 appendix. Creating shared value compliance we believe that our company will be successful in the long term by creating value for both our shareholders and for society as a whole. But we cannot be either environmentally sustainable or create shared value for shareholders and society if we fail to comply with our business principles. Looking to the future, creating shared value remains a fundamental guiding principle for how we do business. Creating shared value csv is fundamental to how we do business at nestle. Our 21 commitments featured in the report guide our collective efforts to meet specific objectives. Nestles creating shared value strategy case harvard. But we cannot be either environmentally sustainable or create shared value for shareholders and society if we. But we also focus on social responsibility, ethical sourcing, green operations and more. It is our belief that for a company to be able to create value for its shareholders, it must also create value for society.
Creating shared value and meeting our commitments the nestle in society report gives insights into the companys progress in the areas of nutrition, water and environmental and social sustainability. Nespresso sustainability farmers awards 2019 pdf,1 mb the positive cup creating shared value report pdf,8 mb csv 2017 status and 2020 outlook report pdf,5 mb csv 2018 status and 2020 outlook report pdf,2 mb nespresso aaa sustainable quality program gender analysis report print version pdf,23 mb. The centre a specific areas o think ta the centre f r nk. Creating shared value at nestle, we believe in the philosophy of creating shared value csv. Creating shared value from reconceiving products and markets focuses on revenue growth, market share, and profitability that arise from the environmental, social, or economic develop ment benefits delivered by a companys products and services. This summary report is issued to shareholders along with the nestle management report. In the packaged food and beverage industry, pressure had mounted since the 1990s to improve supply chain sustainability and provide healthier, more natural foods, leading to consolidation and causing sales to decline in 2010. Creating shared value is our way of delivering a longterm positive impact for shareholders and the society, through everything that we do as a company.