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Nestlé, the world's largest food and beverage company, has released its 2006 corporate social responsibility report, entitled The Nestlé concept of corporate responsibility as implemented in Latin America. Following on from its 2005 Africa report, The Nestlé commitment to Africa, the current report explores the concept of ‘Shared Value Creation’ in the context of Nestlé’s Latin American operations.
The report, which reviews Nestlé operations throughout Central and South America, uses the Foundation Strategy Group, an international consultancy led by Harvard University professor Michael Porter and fellow Mark Kramer, to look at Nestlé's Latin America operations as a case study of this new concept of corporate responsibility.
Nestlé chairman Peter Brabeck-Letmathe said Shared Value Creation aims to focus on the whole contribution that a company makes to society, rather than just its more narrow focus on specific social and environmental issues. ‘While corporate social responsibility and sustainability represent a useful set of principles and practices, we believe the true test of a business is whether it creates value for society over the long term,’ he said.
A web-based version of the report can be found by following this link
Nestlé is interested in your feedback. Please go to http://www.nestle.com/Header/Contact+Us/Contact+Us.htm
A copy of the 2005 Africa Report is available at this link
To request a printed copy of either report, please go to the following link
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