Nestle is one of the world’s largest food and beverage company having more than 2000 brands and are present in 191 countries around the world. The business idea reflects the basic ideas of fairness, honesty and a concern for individuals and families, communities and the planet.The report aimed at demonstrating the approach adopted by Nestle for adopting their belief of Creating Shared Valued. Having used this in the form of delivering a long-term positive impact through everything they did as a company for the society and the shareholders. It also shows how CSV is unique in its own way that it helped Nestle devising certain business strategies that helped them to not only just target but also optimize value creation for its customers as well
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The ambitions that have been set to be achieved under the 2020 strategy of the company and enhancing the SDGs too are- enabling a healthier and happier life; help develop thriving, resilient communities; steward resources for future generations. The company aims at achieving these goals through an effective and dynamic connection at the grass root level and asking all its partners in making it a joint collective effort and responsibility. CSV impact on following areas: Nutrition, Health and Wellness; Rural development - people, human rights and compliance; Water- Environmental sustainability. Nestlé’s key performance indicators (KPIs) provide a focus for measuring and reporting CSV, sustainability and compliance.
CONCLUSION
Nestles CSV is the fundamental principal on the basis of which they do business. It is a combination of various aspects such as environmental, societal and improvement in worker’s livelihood. In turn, all these aspects benefit the investors in the long run. This gives them a competitive edge over others. This framework will make them maintain their commitment to “Good Food, Good
The ambitions that have been set to be achieved under the 2020 strategy of the company and enhancing the SDGs too are- enabling a healthier and happier life; help develop thriving, resilient communities; steward resources for future generations. The company aims at achieving these goals through an effective and dynamic connection at the grass root level and asking all its partners in making it a joint collective effort and responsibility. CSV impact on following areas: Nutrition, Health and Wellness; Rural development - people, human rights and compliance; Water- Environmental sustainability. Nestlé’s key performance indicators (KPIs) provide a focus for measuring and reporting CSV, sustainability and compliance.
CONCLUSION
Nestles CSV is the fundamental principal on the basis of which they do business. It is a combination of various aspects such as environmental, societal and improvement in worker’s livelihood. In turn, all these aspects benefit the investors in the long run. This gives them a competitive edge over others. This framework will make them maintain their commitment to “Good Food, Good