CASE STUDY- PART 1 Nestle- Good food, Good life Executive Summary: Nestle was one of the successful companies in the food sector, but its popularity and growth have decreased a lot over the last few years. The company states that it has contributed to shaping a better and healthier world, but in reality, it has been involved in many unethical scandals. By stopping all those corrupt activities, the company can improve its reputation and contribute to CSR. Company Profile: Nestle is the world's most extensive food and drinks company. They have more than 2000 brands going from worldwide symbols to nearby top picks, employed more than 250,000 people, and are available in 186 nations around the world. They are the Good food, Good life organization. They put stock in the force of food to upgrade lives. Great food supports and pleasures the senses. It assists kids with developing sound, pets flourish, guardians improve with age, and everybody makes every moment count. Great food unites us. Great food likewise regards our planet and safeguards assets for people in the future. They have defined various overarching ambitions for 2030, which guide their work and support the UN Sustainable Development Goals. Guided by the company's values, it wants to shape a better and healthier world. They help 50 million children live healthy lives and also help to improve 30 million livelihoods in communities and Strive for Zero environmental impact in their operations. The set of experiences started in 1866, reinforcing the Anglo-Swiss Condensed Milk Company. The founder of the company, Henri Nestlé, started an advanced baby food in 1867, and in 1905 the organization he established converged with Anglo-Swiss, to frame what is currently known as the Nestlé Group. Problem analysis The problems due to which there is a significant need for a CSR plan for this company are as follows: Baby Formula and Boycott: During the 90s, Nestle forcefully pushed their breastfeeding formula in less monetarily devolved nations, mainly focusing on poor people. They caused it to appear that their newborn child's formula was nearly on par with a mother's milk, which is exceptionally unethical. Nestle and Water: Nestle is the world's biggest maker of filtered water. They're so excited about the water business that they believe water is not a universal right which is not valid. Child labor, abuse, and trafficking: Some reports say that during chocolate production, the cocoa beans are purchased from Ivorian estates that use child labor. The kids are typically 12 to 15 years of age, and some are dealt from neighbouring nations - and Nestle is no more unusual to this training. Health Threats: In recent times, the Food and Drug Administration (FDA) and the Centers for Disease Control and Prevention (CDC) cautioned buyers to try not to eat any refrigerated prepackaged Nestle food because of hazard of pollution with E. coli O157:H7 (a foodborne bacterium that causes ailment). Promoting Unhealthy Food and Mislabelling: Nestle advancing unhealthy food should not shock anyone, however, the level at which they work it is essentially surprising. A new report by the UK Consumers Association asserts that 7 out of the 15 breakfast oats with the most elevated levels of sugar, fat, and salt were Nestle items. Pollution: Nestle has been associated with a few incidents in regards to pollution. A 1997 report found that in the UK, for more than a year duration, water contamination limits were penetrated multiple times in 830 areas by organizations that included Nestle. These are the issues that need to be taken care of and drive the need for CSR. References: https://www.nestle.com/csv https://www.nestle.com/sites/default/files/assetlibrary/documents/library/documents/corporate_social_responsibility/concept-corp-socialresponsibility-mar2006-en.pdf https://skierscribbler.com/7671/opinion/nestle-the-worlds-most-corrupt-corporation/ https://www.ethicalconsumer.org/company-profile/nestle-sa
