Can Corporate Sustainability & Economic Growth Coexist?
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Submitted by: Nestle
Posted: Mar 15, 2013 – 08:00 AM EST
VEVEY, Switzerland, Mar. 15 /CSRwire/ - Nestlé has published a set of forward-looking commitments to society and on environment sustainability it aims to meet by 2020 or earlier.
The company has identified 30 goals in the areas of nutrition, water, rural development, sustainability and compliance in its new report, ‘Nestlé in Society: creating shared value and meeting our commitments 2012’.
The time-bound targets reflect Nestlé’s ambitions to work collectively with other stakeholders to help address the global food and water crisis, and the specific nutritional challenges posed by malnutrition, including micronutrient deficiencies.
“Our focus on these areas is not new. We have been measuring our performance and reporting on our progress for many years. What is new is that we are sharing the commitments we have made externally,” said Nestlé Chief Executive Officer Paul Bulcke. “We have already achieved a lot,” he continued, “But we recognise there is always more to do.”
Some of the key goals Nestlé aims to achieve before or by 2020 include:
“We fundamentally believe our company can only be successful over time if we also create value for society. This means doing business in compliance with national laws, international standards and our own corporate business principles, and in ways that help protect the environment for future generations. This is what we mean when we talk about creating shared value.”
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