Sustainability and Nestlé
Headquartered in Vevey, Switzerland, Nestlé is the largest food company in the world measured by revenues. Nestlé has hundreds of products that include cereals, coffee, dairy products, pet foods, snacks, baby food, and bottled water. Thirty of Nestlé’s brands have annual sales of over 1 billion Swiss francs (about $1.1 billion), including Nespresso, Nescafé, Kit Kat, Smarties, Nesquick, Stouffers, Vittel, and Maggi. Nestlé has around 450 factories, operates in 86 countries, and employs around 328,000 people. Sustainability reports are increasingly becoming expected or even required by business organizations. This exercise can give you practice in evaluating a company’s sustainability efforts. At the company’s website, read about the three key sustainability areas that the firm engages in: Nutrition, CSV-Water, and Rural Development.
Step 1 Conduct research to evaluate and determine the six best aspects of Nestlé’s sustainability efforts. Step 2 Evaluate and analyze the sustainability efforts of competitors Danone (stock symbol DANOY) and Mondelēz International, Inc. (stock symbol = MDLZ).
Step 3 Prepare a report for the class giving your assessment of Nestlé’s sustainability work versus rival firms Danone and Mondelēz International, Inc.