Essay on Ethical Strategies

Submitted By cbillet
Words: 301
Pages: 2

Ethical Strategies

Towards the end of the twentieth century the concern for the environment started to increase. The concept of “sustainable development” was developed. “Sustainable development” is a development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs. This is being done to ensuring a better quality of life for everyone, now and for future generations.

Nestlé believes that a company needs a successful society to be a successful business. Nestlé’s vision is to advance Corporate Social Responsibility in order to create long-term value for our society and its shareholders also known as Creating Shared Value (CSV). CSV is the basic way we do business, which states that in order to create long-term value for shareholders; we have to create value for society. Creating Shared Value focuses on specific areas of the company's business activities, where value can best be created.

Nestlé's policy on sustainable environmental is to create their products in a responsible way while enhancing the lives of their customers with tasty and nutritious food and beverages. The company is doing many things to help. They created eco-friendly designs for their products. Nestlé also gives preference to suppliers who strive towards improving efficiency and sustainability of their operations and use of resources. In addition they practice environmental awareness and educate others on the subject. Gaining