JOIN THE EVENT LIVE: Join the discussion and ask panellists
questions via a live webcast from 05h00
CET until 13.30
CET, on Monday, November 5.
The role of business in development is discussed at Nestlé’s
Global Creating Shared Value Forum 2012 in New Delhi, India on Monday.
Live webcast - join the discussion
Join the discussion and ask panellists questions via a live webcast from 05h00 CET
until 13.30 CET, on Monday, November
5.
Creating Shared Value
The forum aims to raise awareness of
Creating Shared Value (CSV), which underpins Nestlé’s corporate business
strategy – creating value for its shareholders while at the same time creating value
for society, particularly for the communities in which the company operates.
Nestlé’s Chairman Peter Brabeck-Letmathe, Chief Executive Officer Paul Bulcke and
the Head of Zone Asia, Oceania and Africa Nandu Nandkishore are taking part in the
event along with representatives from government, civil society and business.
The CSV Forum, co-hosted with the
Federation of Indian Chambers of Commerce and Industry
(FICCI), seeks to highlight the value of CSV
particularly in South Asia.
Panellists including former Indian Minister of Corporate Affairs now newly-appointed
Minister of Petroleum Veerappa Moily; Assistant Secretary-General for the United
Nations and UNDP
Regional Director for Asia and the Pacific Ajay Chhibber; and Mark Kramer, Senior
Fellow in the Corporate Social Responsibility Initiative at Harvard’s Kennedy School
of Government are discussing how governments worldwide can work with civil society
and business to boost long-term sustainable economic development.
Reporting progress
Nestlé’s first report on Creating Shared Value was published alongside the company’s
annual report five years ago.
The report documented the creation of shared value by Nestlé at each stage of the
value chain from agriculture and rural development, through to delivering products
to customers and disposing of waste. This thinking was developed with the support
of Harvard University’s Professor Michael Porter and Mark Kramer.
Nestlé’s CSV reports (pdf, 3 Mb), published annually, document
how the company acts to produce value for its business while directly benefiting
consumers, employees and suppliers, their families and their communities.
Nestlé has focused its Creating Shared Value efforts and investments on three areas
nutrition, water
and rural development which are core to its business activities.
CSV is built on strong commitments
to environmental sustainability and compliance with laws, codes of conduct and the
Nestlé Business Principles.
Nestlé Prize in Creating Shared Value
The winner of this year’s
Nestlé Prize in Creating Shared Value will be announced at the event at
13.30 CET on Monday.
The CSV Prize highlights examples
of Creating Shared Value by funding innovative and commercially-viable initiatives
to scale up and achieve financial sustainability.
Following the announcement of the winner, nominations will be opened for the
2014 Nestlé CSV Prize.
The closing date is March 31, 2013.
Established relationships
A recent survey carried out by the
Third World Centre for Water Management
led by Professor Asit Biswas has illustrated how Creating Shared Value is working.
The study focused on how Nestlé has impacted on the village of Moga since the company
built its first Indian factory there in 1961.
It revealed how Nestlé has successfully established relationships with the community
in Moga, which in turn, have led to the development of milk production in the region,
generated employment and improved access to drinking water and sanitation.
Emerging market
For the first time in its three-year history the Nestlé Global
CSV Forum is taking place in an emerging market.
Previous Nestlé Global CSV Forums have taken place in New York, London and Washington
DC.
Related information:
Global Creating Shared Value Forum 2012 in New Delhi, India
Creating Shared Value
at Nestlé
Nestlé Prize in Creating Shared Value
Read more about Creating Shared Value at Nestlé:
Insight:
What is Creating Shared Value at Nestlé?
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