Nestlé Philippines releases report on Creating Shared Value
Underscoring its commitment to Creating Shared Value (CSV) for its shareholders and society, Nestlé Philippines, one of the country’s top six companies and the eighth biggest market of Nestlé globally, recently released a book titled Nestlé in Society: Creating Shared Value Report of Nestlé Philippines.
Putting into practice the Nestlé purpose of enhancing quality of life and contributing to a healthier future, CSV goes much farther than one-time donations by creating products, services and systems which positively benefit both society and the business for the long term. Nestlé addresses social issues that intersect with its business, especially where it is best equipped to provide solutions.
The report details the CSV initiatives of Nestlé Philippines from 2014 to 2016, highlighting three areas: nutrition, water and environment, and rural development.
Nutrition. With malnutrition as a pressing national health issue, and nutrition being at Nestlé’s core, the company strives to make a difference by providing access to nutritious food, nutrition education, and opportunities for physical activities.
In confronting the problem of undernutrition, particularly micronutrient deficiency, Nestlé has distributed over 22 billion servings of fortified product. With regard to overnutrition, Nestlé continuously innovates and renovates, reducing the amount of public health sensitive ingredients like sugar, sodium, and saturated fat in its products.
The company educates students and adults on proper nutrition to encourage healthy habits and promote a wellness lifestyle. Programs for students include inculcating the value of good eating habits, increasing awareness on micronutrient deficiency, and teaching healthy living.
Water and environment. The Philippines has the second lowest ground water availability in Asia. Understanding the value of water as the world’s largest food and beverage company, Nestlé continuously reduces water usage in its operations by means of more efficient technology, by reusing reject water from reverse osmosis, and availing of alternative resources such as rainwater.
Nestlé implements programs in solid waste management and zero waste. In 2016, the company achieved zero waste to landfill. Year on year, Nestlé reduces the use of packaging material by 1,004 metric tons. All Nestlé products undergo an environmental sustainability assessment to determine their impact on the environment. The company supports the creation of eco-bricks to reduce post-consumer waste. An eco-brick is composed of 10 percent shredded used laminates and sachet wastes, and is five times stronger than a hollow block. Nestlé’s BEAR BRAND likewise builds school chairs made from laminates.
Nestlé optimizes and reduces energy consumption through energy efficiency practices. These include transforming spent coffee wastes into energy, and transforming organic wastes into organic compost by means of an anaerobic digester. The digester produces 6,100 kg. of biogas a day, reducing the use of fossil fuels and CO2 emissions.
Rural development. Through the NESCAFÉ Plan, rural development is a field in which Nestlé invests major efforts to support and improve socio-economic conditions where it operates.
The NESCAFÉ Plan is a global initiative to ensure a sustainable supply of quality green coffee. In the Philippines, Nestlé aims to grow the supply of local robusta coffee by helping farmers increase their yield and income from coffee. The company assists farmers by propagating high yielding plantlets and selling them at cost, enabling technology transfer through training across the country, providing a support network of agronomists, and strategically locating buying stations close to coffee areas so farmers can sell directly to Nestlé.
“Here in the Philippines, Nestlé has been a kasambuhay of the Filipino people over a hundred years now. We have witnessed the triumphs, struggles and indomitable resilience of the Filipino people. Through good times and challenging times, we remain committed to growing with the Philippines through business strategies that embrace inclusive growth and create shared value,” said Nestlé Philippines Chairman and CEO Jacques Reber.
The Nestlé Philippines CSV Report 2016 is available online at www.nestle.com.ph/csv/about-csv.