- Time period
- January 2003 – December 2003
P. Brabeck-Letmathe, the Chief Executive Officer of Nestlé, mentions on the companys website that Nestlé firmly supports the principles of the United Nations Global Compact and is committed to reflecting these in its business principles and practices.
The company has laid down clear principles of corporate behaviour - the Nestlé Corporate Business Principles. These Corporate Business Principles - upheld throughout the companys operations - are consistent with the principles of the Global Compact. The Nestlé Corporate Business Principles address the following issues: Human Rights (pg. 9); Child Labour (pg. 12); Protection of the Environment (pg. 15); The Nestlé Water Policy (pg. 17). Please visit the companys website for more details.
In addition, Nestlé has become a global partner of the United Nations High Commissioner on Refugees, providing technical expertise and financial support to create a sustainable water system in Eastern Ethiopia. This project brings clean drinking water to over 200,000 people affected by the severe drought impacting the country. It also promotes the Global Compact principles on human rights, specifically in relation to the right to clean drinking water.
On the webpage highlighting the "Nestlé Corporate Business Principles", P. Brabeck-Letmathe the CEO of Nestlé mentions: Given the growing public interest in the area of corporate social responsibility, we openly share these Principles, not only with all our employees, but also with anyone in the public who is interested in understanding the Principles on which this Company is based.
- Principles covered
- Principle 1 - Businesses should support and respect the protection of internationally proclaimed human rights
- Principle 2 - Make sure that they are not complicit in human rights abuses
- Principle 3 - Businesses should uphold freedom of association & effective recognition of the right to collective bargaining
- Principle 4 - The elimination of all forms of forced and compulsory labour
- Principle 5 - The effective abolition of child labour
- Principle 6 - Eliminate discrimination in respect of employment and occupation
- Principle 7 - Businesses should support a precautionary approach to environmental challenges
- Principle 8 - Undertake initiatives to promote greater environmental responsibility
- Principle 9 - Encourage the development and diffusion of environmentally friendly technologies
- Principle 10 - Businesses should work against all forms of corruption, including extortion and bribery