Nestlé publishes full 2014 ‘Nestlé in society’ report
Posted: 8 April 2015 | Victoria White | No comments yet
Nestlé has published the full version of the 2014 ‘Nestlé in society: Creating Shared Value and meeting our commitments’ report…
Nestlé has published the full version of the 2014 ‘Nestlé in society: Creating Shared Value and meeting our commitments‘ report.
The full report was prepared ‘in accordance’ with the comprehensive option of the Global Reporting Initiative’s (GRI) G4 guidelines and Food Processing Sector Supplement.
Reporting according to the G4 Comprehensive option requires the company to collect and publish data on its work in areas like human rights, diversity and gender, climate change, biodiversity, governance and fighting corruption.
The ‘Nestlé in society’ report will be updated every year
The data published in the report will be updated every year so stakeholders can benchmark the company’s progress in these areas through Nestlé’s commitments to society.
Nestlé has also produced an extended materiality analysis as part of its G4 reporting. This plots the economic, social and environmental issues of most concern to stakeholders against the risks or opportunities they present to Nestlé.
The 2014 materiality analysis has helped Nestlé refine its existing commitments and identify areas for improvement, resulting in three new commitments for 2015 that bring Nestlé’s total number of public commitments to 38.
This is the first G4 report produced by Nestlé; the company previously reported according to the GRI 3.1 A+ guidelines. The GRI is a non-profit organisation that promotes economic sustainability and leads in the field of non-financial reporting.