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| Wednesday, 13 March 2013, 17:10 HKT/SGT | |
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Source: Nestle S.A. | |
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Switzerland, Mar 13, 2013 - (ACN Newswire) - Nestle 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, 'Nestle in Society: Creating Shared Value and meeting our commitments 2012'.
The time-bound targets reflect Nestle'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.
Watch a video interview with our Chief Executive Officer Paul Bulcke: http://bit.ly/W9nS4w .
Tangible and achievable
"We are announcing a set of forward-looking, measurable commitments to society and on environmental sustainability," said Nestle Chief Executive Officer Paul Bulcke.
"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.
"We believe that by setting ourselves tangible, short-term goals for which we can be held accountable, rather than long-term aspirations, we can really make an impact.
"We have already achieved a lot," he continued. "But we recognise there is always more to do. We have a good track record on meeting short-term targets around certain aspects of our environmental performance, and I am confident we can build on this."
Key goals
Some of the key goals Nestle aims to achieve before or by 2020 include:
-- providing 200 billion servings of micronutrient fortified products worldwide by 2016, with a special focus on children and women of childbearing age;
-- ensuring all relevant products worldwide have guideline daily amount (GDA) labelling on front of pack by 2016;
-- ensuring all children's products meet the Nestle Nutritional Foundation criteria for children by 2014;
-- providing portion guidance on all children's and family products by 2015;
-- reducing direct water withdrawal per tonne of product by 40% compared to 2005, by 2015;
-- achieving 100% certified responsibly sourced, sustainable palm oil by the end of 2013, two years ahead of its initial public commitment;
-- reducing direct greenhouse gas emissions per tonne of product by 35% compared to 2005, by 2015.
Collective action
Mr Bulcke emphasised that the nutrition and environment challenges the world faces require concerted, collective action from governments, business, non-governmental organisations and other stakeholders, rather than sporadic, isolated projects.
"At Nestle we recognise that our position in society brings not only opportunities, but also responsibilities," he said.
"We can play a valuable leadership role in support of concerted action. We have the capacity, and more importantly, the determination to do so.
"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 how we have been doing business for almost 150 years. This is what we mean when we talk about creating shared value."
Related information:
Download the Nestle in Society: Creating Shared Value and meeting our commitments 2012 summary report (PDF) in:
-- English: http://bit.ly/XHPCNj
-- French: http://bit.ly/10EKA3f
-- German: http://bit.ly/WH1u3G
-- Spanish: http://bit.ly/WmyeNm
The full online report: Nestle in Society: Creating Shared Value and meeting our commitments 2012, will be available here in April: www.nestle.com/csv
Read more stories about society and environment at Nestle:
-- Nestle tops list of global companies cutting carbon emissions
www.nestle.com/media/newsandfeatures/mexico-renewable-energy
-- Nestle backs healthy childhood weight initiative in the United States
www.nestle.com/Media/NewsAndFeatures/Pages/Nestle-healthy-childhood.aspx
-- Nigerian farmers help Nestle address micronutrient deficiency
www.nestle.com/Media/NewsAndFeatures/Pages/Golden-Morn-fortification.aspx
-- Nestle sets out actions to address child labour in response to Fair Labor Association report on the company's cocoa supply chain
www.nestle.com/Media/NewsAndFeatures/Pages/fla-report-cocoa.aspx
Media enquiries
Tel: +41 21 924 2200
Email: mediarelations@nestle.com
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nestle S.A. via Thomson Reuters ONE
Topic: Press release summary
Source: Nestle S.A.
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
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