Today Nestlé releases its annual “Creating Shared Value” report. The $88 billion multinational and world’s largest food and beverage company, based on annual revenues, has promised to ramp up its work in three main areas: nutrition, water and rural development. In the report, Nestlé has publicly committed for the first time to make “forward-looking commitments” to social and environmental sustainability.
Nestlé’s goals, which the company says it is keen on accomplishing by 2020, builds upon the company’s most recent work. As of last year, Nestlé had invested almost $30 million in water conservation projects at facilities across the world; promised $528 million to encourage responsible agriculture, production and consumption by 2020; and became the first food and beverage company to partner with the United Nations' Every Woman and Every Child program, which seeks to provide training and education to improve the health and lives of 16 million across the world.
Based in Fresno, California, Leon Kaye is the editor of GreenGoPost.com and frequently writes about business sustainability strategy. Leon also contributes to Guardian Sustainable Business; his work has also appeared on Sustainable Brands, Inhabitat and Earth911. Most recently he explored children’s health issues in India with the International Reporting Project. You can follow Leon and ask him questions on Twitter or Instagram (greengopost).
[Image credit of Nestlé Headquarters: Wikipedia]
Leon Kaye, Executive Editor, has written for Triple Pundit since 2010. He is also the Director of Social Media and Engagement for 3BL Media, and the Editor in Chief of CR Magazine. His previous work can be found at The Guardian, Sustainable Brands and CleanTechnica. Kaye is based in Fresno, CA, from where he happily explores California’s stellar Central Coast and the national parks in the Sierra Nevadas.