At joint Nestlé-UN Global Compact event, Nestle presented the company's first Creating Shared Value report

March 03, 2008

At a joint Nestlé-UN Global Compact event in New York, Peter Brabeck-Letmathe, Chairman and CEO of Nestlé, today presented the company's first Creating Shared Value report, including new figures on the impact of its business activities on the environment and society across the world. In 2007, Nestlé reduced its direct greenhouse gas emissions by 16% compared to ten years ago, and its overall water withdrawal by 28%, while at the same time increasing the total volume of goods produced by 76%. In 2007, Nestlé invested over CHF 100 million in environment-related industrial improvements, as well as around CHF 170 million in new production facilities in Brazil, Pakistan and China. The company also continued to provide free technical assistance to over 600,000 farmers in the developing world, including CHF 30 million in micro-credits.

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