Alongside a strong innovation engine, digitalization is a key ingredient to continued business success. Search for jobs here. At our dedicated Institute, Nestlé experts are co-developing and testing new environmentally friendly packaging materials and systems â with our development centers, suppliers, research institutions and startups. It has significantly reduced the average duration of centrally-led research and innovation projects. It also contains the Corporate Governance & Compensation Reports and the Financial Statements, which were first published on February 13, 2020, and remain unchanged. Nestlé also continued to work towards a waste-free future. March 24, 2020 John Boulton Nestle. Our 13th stand-alone annual sustainability report includes detailed information about issues material to our business. Whether you have years of work experience or you just graduated, thereâs a job opportunity for you at Nestlé. Nestlé highlights innovation, digitalization and sustainability in 2019 Annual Report Nestlé today published its Annual Report for 2019. Our plant science teams select and breed high performing varieties of coffee, cocoa and other crops with better yields, greater disease and pest resistance, improved taste and nutrition and a lower environmental footprint â to help farmers produce crops that are more sustainable. Nestlé in Society Report 2019 Read More Explore the report to find out more about how we will continue to evolve and strengthen our approach to Creating Shared Value For Individuals and Families, For Our Communities and For the Planet. Vevey, March 24, 2020 Nestlé highlights innovation, digitalization and sustainability in 2019 Annual Report Nestlé today published its Annual Report for 2019. Heavily reliant on water, air, and land to grow and distribute food around the world, Nestlé has been a global leader on corporate sustainability. The team also works with the Nestlé Institute of Packaging Sciences, to identify and develop potential new packaging technologies derived from plant-based sources. It has made processes quicker, enhanced rapid prototyping and created accelerators. Nestlé is also transforming operations by further digitalizing its supply chains and manufacturing. In 2019, we reaffirmed our support for the UN Global Compact. This report demonstrates our dedication to Creating Shared The Annual Report contains Nestlé’s Annual Review including Creating Shared Value highlights. The company inaugurated its Institute of Packaging Sciences, dedicated to the discovery and development of functional, safe and environmentally-friendly packaging solutions. It also contains the Corporate Governance & Compensation Reports and the Financial Statements, which were first published on February 13, 2020, and remain unchanged. We were again named a Global Compact LEAD company in recognition of our ongoing commitment to achieving the UN Sustainable Development Goals (SDGs). As the publication revealed, organic growth for the business, which includes a number of confectionery brands such as KitKat, reached 3.5%, fully in line with guidance. The company will continue to work with others to mitigate and adapt to risks associated with climate change. Lahore (February 26, 2020): Nestlé Pakistan posted a revenue of PKR 116 billion for 2019, a 3.9% reduction from 2018. Our R&D activities are complemented by external scientific collaborations, innovation partnerships and targeted investments. It also contains the corporate governance and compensation reports and the financial statements, which were first published on February 13, 2020, and remain unchanged. The Board proposes a dividend increase of 25 centimes, marking 25 consecutive years of dividend growth. Definition: the gender pay gap is the difference between the average earnings of men and women, expressed relative to men’s earnings. Nestlé touches the lives of billions of people every day: the farmers who grow our ingredients, our consumers, and the communities where we live and work. In partnership with Terracycle, we are rolling out Loop, a subscription home delivery service using customized, refillable packaging. He has been in a sustainability programme for four years. We commit to putting all of our effort behind the system, being open about our success and challenges, and to continue to report … This report provides a detailed overview of how Nestlé is making a difference across our three impact areas – individuals and families, sustainability is an increasingly important part of our corporate communication strategy involving media relations and engagement with non-governmental organisations, special interest groups, governments and public authorities. Within plant science, we also do lab work to preserve genetic diversity and deliver better plants to farmers, work on ways of improving the quality and traceability of raw materials from farm to fork â using analytical and DNA fingerprinting tools â and develop practices to help farmers improve their productivity, crop quality and environmental protection. Nestlé today published its Annual Report for 2019. Nestlé today published its Annual Report for 2019. Good food, good life â that is what we stand for. Learn about Nestléâs brands and what weâre doing to make our products tastier and healthier. In 2018 Nestlé markets launched a compliance communication plan. View report CREATING SHARED VALUE REPORT – 2019 STATUS AND 2020 OUTLOOK For example, at the end of 2019, 100 Nestlé factories were equipped with ‘collaborative robots’ that interact with humans in a shared space or work safely in close proximity. The Annual Report contains Nestlé's Annual Review including Creating Shared Value highlights. Our CLMRS is a key component of the Nestlé Cocoa Plan where there is a high risk of child labour and so we will implement the CLMRS in all our sourcing from West Africa by 2025. For many years, Nestlé Malaysia has held an unwavering commitment to transparency in our reporting and communication to our stakeholders. : +41 21 924 3820. The average farmer is a male 46-year-old, with one plot of 3 hectares, and with a yield of 578 kg/ha. In 2019, Nestlé also continued to demonstrate that business can be a force for good, making a real contribution to society and helping to find solutions to global challenges. Come here for news, press releases, statements and other multi-media content about Nestlé. The Annual Report contains Nestlé’s Annual Review including Creating Shared Value highlights. Also in 2019, we commercially launched HMOs direct to ... 2019 and a significant and increasing reduction can be seen in 2019 This press release is also available in Français (pdf) and Deutsch (pdf). Water Conservation 70% of India’s population depends on agriculture and hence puts tremendous pressure on the water resources of the country. Innovation continues to give Nestlé a competitive advantage. Till 2019, over 3 lakh adolescents across 23 states have been encouraged to live healthier lives through Nestlé Healthy Kids Programme. Nestlé, the world’s largest food company, is in the pincers of both trends. Nestlé is the world’s largest food and beverage company. The objective is to reach 40% by the end of 2020. New solutions will be tested in various product categories before being rolled out across Nestlé's global portfolio. Nestlé published its Annual Report for 2019. Our Nestlé Institute of Packaging Sciences, the first organization of its kind in the food industry, is instrumental in helping us meet our commitment that all Nestlé packaging will be recyclable or reusable by 2025.. The company is moving to connect with consumers in a relevant and personalized way. Vevey, March 24, 2020 . Nestlé has also built a network of more than 25 e-content studios. : +41 21 924 2200 Investors: Luca Borlini Tel. Organic growth reached 3.5%, fully in line with guidance. Your answers can be found here. Within R&D, we're working to help meet Nestlé's 2030 ambition to strive for zero environmental impact in our operations. Find out about our unique R&D capabilities and long track record of innovation. Since 2017, the UK government made it mandatory that any organisation that has 250 or more employees must publish and report specific figures about their gender pay gap. Everything you need to know about Nestlé is here: brands, key figures, milestones. Nespresso. Nestlé today published its Annual Report for 2019. It's very difficult to run paper on high-speed lines that are designed to run more flexible, plastic materials, but weâve been able to produce 300 YES! sustainability journey Employment generation for around 400 people Initial investment for over two years: Rs. In our latest Nestlé in Society 2018 update report, we demonstrate how CSV continues to shape our business strategy and where it is delivering benefits in society. Through a partnership with Danimer Scientific, Nestlé is working to develop a fully biodegradable plastic water bottle, and we're active within the NaturALL Bottle Alliance, a research consortium aiming to develop 100% bio-based bottles. A question about Nestléâs brands, policies, or products? Nestlé highlights innovation, digitalization and sustainability in 2019 Annual Report. Formerly Head of Creating Shared Value Engagement, Nestlé Panel member 2019-2020 reports. It contains Nestlé’s annual review including Creating Shared Value highlights. The continuously evolving challenges in the economic and business environment impacted the purchasing power of people, causing this reduction. Sustainability Report 2019 cf. Nestlé highlights innovation, digitalization and sustainability in 2019 Annual Report. Our Nestlé Institute of Packaging Sciences, the first organization of its kind in the food industry, is instrumental in helping us meet our commitment that all Nestlé packaging will be recyclable or reusable by 2025. Innovation is at the heart of Nestlé. This press release is also available in Français (pdf) and Deutsch (pdf), Nestlé highlights innovation, digitalization and sustainability in 2019 Annual Report. Sustainable packaging. It is present in 187 countries around the world, has 403 factories and its 291’000 employees are committed to Nestlé’s purpose of enhancing quality of … This document builds on the 2017 Creating Shared Value report, sharing the status on our goals and achievements at the end of 2019 as well as our 2020 outlook. The Shell Sustainability Report 2019, published April 7, 2020, is our 23 rd report. Sustainable packaging and more sustainable crops developed through our plant science research, are other important focus areas. Nestlé deployed more sustainable packaging across its product portfolio. The Annual Report contains Nestlé’s Annual Review including Creating Shared Value highlights. VEVEY, Switzerland – Nestlé published on Tuesday its Annual Report for 2019. Packaging plays a key role in ensuring food safety, but our solutions have to be recyclable or reusable. Learn about our strategy, sales and results or download our investor seminar presentations. The Annual Report contains Nestlé’s Annual Review including Creating Shared Value highlights. VIEW REPORT Improve your sustainability know-how In 2019 it covered 1050 farmers in Côte d’Ivoire out of a total of 75,000 UTZ certified farmers in the Nestlé Cocoa Plan in the country. Sorry, you need to enable JavaScript to visit this website. The Annual Report contains Nestlé’s Annual Review including Creating Shared Value highlights. Developing plant-based foods and beverages, and more climate-friendly or carbon neutral products will also be key. Nestlé saw strong progress in 2019, with significant improvements in key operating and financial metrics. Annual Review (with CSV highlights) (pdf, 15 Mb), Corporate Governance Report 2019 (pdf, 2 Mb). Nestlé highlights innovation, digitalization and sustainability in 2019 Annual Report. The Annual Report contains Nestlé’s Annual Review including Creating Shared Value highlights. In 2019 a corporate toolkit will be developed for training managers on business integrity. Research focus areas include packaging-free solutions, simplified packaging, functional paper, and recycled, biodegradable or compostable materials. bars a minute and meet the standard line speed, which is a real breakthrough. CREATING SHARED VALUE REPORT – 2019 STATUS AND 2020 OUTLOOK. In 2019, we worked with Nestlé to expand the number of markets where our HMOs are available, from 44 to 58. This included launching innovative paper packaging materials, increasing the use of recycled plastic in its water brands and introducing new bulk delivery systems. Our Nestlé in Society website features our activities on environmental sustainability and water. Nestlé today published its Annual Report for 2019. Recent innovations include recyclable paper packaging for YES! In 2019, the Swiss-based company made a commitment to achieve net zero emissions in its operations and supply chain by 2050. As most of Nestlé’s carbon footprint relates to its sourcing of raw materials, Nestlé will support its farmers and develop a series of initiatives in agriculture. Nestlé has released its latest annual report for 2019, revealing an upturn in company performance and fast-tracking of 50 innovation projects across its international portfolio. It also contains the Corporate Governance & Compensation Reports and the Financial Statements, which were first published on February 13, 2020, and remain unchanged. In line with international best practice, the report also features an independent assurance report by Bureau Veritas UK Ltd. Nestle sustainability report 2019 was produced in compliance with several reporting frameworks including the Global Reporting Initiative (GRI), UN Global Compact 10 and the UN Guiding Principles Reporting Framework. It also engaged in initiatives to support local recycling infrastructure and community-based waste management systems. Nestlé has published its annual report for 2019. Nestlé accelerated its climate change efforts to transition to a low-carbon economy, with a pledge to achieve zero net greenhouse gas emissions by 2050. We're working with startup MIWA to pilot refillable dispensers for Purina cat food and Nescafé coffee. sections 99a and 99b of the Danish Financial Statements Act. For example, ‘women earn 15% less than men per hour’ (source: gov.uk). The Annual Report contains Nestlé’s Annual Review including Creating Shared Value highlights. 4. In 2019, 20% of all consumer contacts with Nestlé were personalized. Digitalization touches on all aspects of Nestlé’s business, from supply chain management to production to marketing and sales. Nestlé today published its Annual Report for 2019. In order to keep pace with rapidly-changing consumer preferences, the company has changed its approach to innovation. In 2019, e-commerce sales grew by 18.5% to account for 8.5% of total sales, firmly establishing Nestlé at the leading edge of the food and beverage industry. Moreover, Nestlé adopted the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations. © 2021 GlobeNewswire, Inc. All Rights Reserved. Nestlé's innovation strength remains rooted in its scientific expertise and the ability to leverage research findings across different product categories. Any relevant policies, procedures, and activities that the company plans to undertake by its next COP to fulfill this criterion, including goals, timelines, metrics, and responsible staff While we focus on coffee and cocoa to select high-performing varieties with better yields, better adaptation to climate change, and quality, we're also running projects on cereals and legumes â to improve nutrition, taste and quality. Nestlé has made significant progress in its efforts to tackle child labor in West Africa’s cocoa-growing communities, the company claimed, and has invested CHF224m ($227m) in the past decade, according to its latest 'Tackling Child Labor ' report. The annual results were announced following a Board of Directors’ meeting at the Company's Head Office. Staying true to this, our Nestlé in Society report offers details on our progress on a number of important sustainability goals. In close collaboration with our global R&D network, academic partners, suppliers and startups â the Institute is evaluating the safety and functionality of various sustainable packaging materials, working with experts at our development centers, our suppliers, research institutions and startups. Nestlé press release Vevey/Switzerland, March 24, 2020 Nestlé highlights innovation, digitalization and sustainability in 2019 Annual Report Nestlé today published its Annual Report for 2019. At Nespresso, we call our sustainability strategy The Positive Cup to reflect our ambition: that every cup of Nespresso coffee have a positive impact on the world.. Nestlé today published its Annual Report for 2019. The Nestlé Group is the world’s largest food and beverage company with 92.6 billion Swiss Francs in sales in 2019. Read about these topics and more in the Annual Report, Contacts: Media: Christoph Meier Tel. Vevey, March 24, 2020 . These studios create impactful and locally relevant content with speed and efficiency, producing market- and consumer-specific communication materials in less than 48 hours. Cash flow in 2019 was strong, while underlying earnings per share and returns to shareholders reached record levels. 10% of the farmers are female. We are reducing greenhouse gas emissions across our network, increasing our use of 100% renewable electricity and working to help reduce food loss and waste. The goal is to create a competitive edge through data, artificial intelligence, automation and predictive analytics. snack bars and Nesquik. Tackling climate change is critical for society and for ensuring the continued success of Nestlé's business. It also contains the Corporate Governance & Compensation Reports and the Financial Statements, which were first published on February 13, 2020, and remain unchanged. • Nestlé Policy on Environmental Sustainability • Nestlé Commitments on Water WE CARE ABOUT PEOPLE Human Rights in Our Business Activities • United Nations Global Compact • International Labour Organisation (“ILO”) Conventions 87, 138, 182 ... Report 2019 NESTLÉ RESPONSIBLE The company funded 50 additional fast-track innovation projects leading to product launches within 6 to 12 months. Accelerating our efforts to develop functional, safe, eco-friendly solutions, All Natural cocoa powder in recyclable paper packaging, Piloting reusable and refillable dispensers for coffee and cat food, Partnering with Danimer Scientific to develop bio-based resins, One of the many ways weâre tackling plastic waste, You are currently on the Nestlé global website, Marketing infant nutrition: getting it right, Nestlé for Healthier Kids global initiative, Adding vegetables, fiber and whole grains, Sharing nutrition knowledge throughout life, Breast-milk substitute marketing: compliance record, zero environmental impact in our operations, Creating Shared Value Progress Report (pdf, 5Mb). Profitability improved again as the underlying trading operating profit (UTOP) margin increased by 60 basis points to 17.6%, reaching the mid-term target announced in 2017 one year ahead of plan. Across the globe, Nestlé are here to help answer your queries, We unlock the power of food to enhance quality of life for everyone, today and for generations to come. In total, CHF 16.9 billion was returned to shareholders in 2019 through a combination of dividend and share buybacks. The Nestlé in Society report is a key aspect of our policy to promote transparent reporting and communication to our shareholders and other stakeholders. The Annual Report contains Nestlé’s Annual Review including Creating Shared Value highlights. Nestlé highlights innovation, digitalization and sustainability in 2019 Annual Report Nestlé highlights innovation, digitalization and sustainability in 2019 Annual Report. |2019 9 Table of Contents 10 │2019 Highlights 16 │Chairman’s Message 20 │Managing Director’s Review 28 │Board of Directors 30 │Management Committee 34 │Corporate Governance 38 │Report of the Audit Committee 40 │Report of the Remuneration Committee 41 │Report of the Related Party Transactions Review Committee 43 │Annual Report of the Board of Directors on the Affairs of the 700 Crore Our diversity ambition - 50% women workforce at the factory Nestlé India Limited I Annual Report - 2019
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