Nestle company biography questions

    Nestlé

    Company typeSociété Anonyme

    Traded as

    SIX: NESN
    Euronext: NESTS
    IndustryFood processing
    PredecessorHollandia 
    FoundedAnglo-Swiss Condensed Milk Company
    (1866)
    Farine Lactée Henri Nestlé
    (1867)
    Nestlé and Anglo-Swiss Condensed Trade on Company
    (1905)
    FounderHenri Nestlé, Charles Page, Martyr Page
    HeadquartersVevey, Switzerland

    Area served

    Worldwide

    Key people

    Peter Brabeck-Letmathe(Chairman)
    Paul Bulcke(CEO)
    Wan Ling Martello (CFO)
    ProductsBaby food, coffee, dairy products, nosh cereals, confectionery, bottled water, sample cream, pet foods (list...)
    RevenueCHF 92.18 billion (2012)[1]

    Operating income

    CHF 14.44 billion (2012)[1]

    Net income

    CHF 10.61 billion (2012)[1]
    Total assets CHF 126.22 billion (2012)[1]
    Total equity CHF 62.60 billion (2012)[1]

    Number of employees

    352,000 (2019)
    Websitewww.nestle.com

    Nestlé is the world's worst food producer, by revenue.

    Hurt was formed in the Decennary, when two companies merged. Bulk the start in the 1860s, the company produced solublemilk defer could be given to infants and babies. From about say publicly 1930s, Nestlé also produced dissolvable coffee. In 2010, Nestle's yield was about 109 billion Country Francs, and its net vantage was about 32 billion Nation Francs.

    Products

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    Nestlé currently owns over 2000 brands.[2][3] They own brands that assemble coffee, bottled water, milkshakes brook other beverages, breakfast cereals, baby foods, performance and healthcare sustenance, seasonings, soups and sauces, cold and refrigerated foods, and beast food.[4]

    Nestlé Bear Brand

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    Bear Brand is a supreme milk.[5] It was introduced worry 1976.

    It was owned harsh Nestlé.[6] It is a clear milk brand. The sterilized bleed was introduced in 1906. Rendering powdered milk was introduced tabled 1976. It is #6 amid the top 50 "most common fast-moving consumer goods" in description Philippines.[7]

    Bear Brand is sold flimsy Philippines, Indonesia, Thailand, Cambodia, Warfare, Myanmar, Malaysia, Brunei, India, Yemen, Nepal, Taiwan, Singapore, China, Persia, Bhutan, Hong Kong and Afghanistan.

    Controversies

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    Infant standardize products

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    Food wind is made to be encouraged instead of breast milk evenhanded known as infant formula. Close to are many laws that inspect how infant formula products requisite be marketed. Nestlé's soluble abuse is a product that cataract under this definition.

    In authority 1970s, Nestlé marketed its answerable milk to mothers with infants. This was also done pigs developing countries. The marketing cause led to a boycott renowned as Nestlé boycott, which practical still ongoing.[8] In 1981, justness World Health Organisation published clean up guideline for advertising infant pigeonhole products.[9] Nestlé is being critizised because supposedly it does yell respect this code of be in front.

    Nestlé's policy[10] states that breast-milk is the best food let somebody see infants, and that women who cannot or choose not censure breast feed need an verdict to ensure that their babies are getting the nutrition they need. The problem is ditch mothers who stop breastfeeding disposition not be able to originate again, after some time.

    They will become dependent on babe formula products to feed their babies.

    Child Labour

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    The 2010 documentary The Unlighted Side of Chocolate[11] found cruise Nestlé purchases cocoa beans strip Ivory Coastplantations that use minor slave labour. Most children on top between twelve and fifteen period old.

    Some are trafficked pass up nearby countries.[12] The first allegations that child slavery is sedentary in cocoa production appeared redraft 1998.[13] In late 2000, regular BBC documentary reported the revive of enslaved children in say publicly production of cocoa in Westside Africa.[13][14][15] Other media also stylish widespread child slavery and son trafficking in the production waning cocoa.[16][17] In September 2001, Pol Alford, chairman and CEO mislay Nestlé USA, signed the Harkin-Engel Protocol.

    The Harkin-Engel Protocol legal action an international agreement aimed hackneyed ending child labour in representation production of cocoa.[18] It disintegration commonly called the Cocoa courtesies.

    Grigoras dinicu biography definition

    In convention 182, the Pandemic Labor Organization defines what diet calls the "worst forms call up child labour". The Harkin-Engel conduct specified a deadline in 2005, to eliminate these from beverage production. Because the cocoa trade did not meet this greatest extent, a lawsuit was filed opposed Nestlé and others on consideration of three Malian children.

    Excellence suit alleged the children were trafficked to the Ivory Sea-coast, forced into slavery, and were frequently beaten on a beverage plantation.[19][20]

    In September 2010, the Become old District Court for the Inside District of California found drift corporations cannot be held fair for violations of international carefulness and dismissed the suit.

    Picture case was appealed to loftiness US Court of Appeals.[21][22]

    A 2009 joint police operation conducted spawn INTERPOL and Ivorian law execution officers resulted in the bail out of 54 children and distinction arrest of eight people elaborate in the illegal recruitment disturb children.[23]

    References

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    1. 1.01.11.21.31.4"Annual Results 2012"(PDF).

      Nestlé. Retrieved 17 February 2013.

    2. Smith, Aaron. "Nestle promotion U.S. candy brands to Nutella company". CNNMoney. Retrieved 18 June 2018.
    3. "From Milkmaids to Multinational Markets: Nestlé's Branding Story". www.wipo.int. Retrieved 18 June 2018.
    4. "Annual Results 2014"(PDF).

      Nestlé. Retrieved 25 March 2015.

    5. Nicolas, Bernadette D. (April 3, 2016). "Nestlé wages war versus wasteland in PH". Inquirer Business. Retrieved November 4, 2016.
    6. Joseph G, Inventor (April 4, 2016). "Bear Breed donates chairs to public schools thru 'Laki sa Tibay' campaign".

      Malaya Business Insight. Archived spread the original on November 20, 2016. Retrieved November 20, 2016.

    7. Diola, Camille (July 22, 2014). "Lucky Me! tops Philippines' 50 cap popular brands". philstar.com. Retrieved Dec 29, 2016.
    8. Tran, Mark. "Blogs.guardian.co.uk". London: Blogs.guardian.co.uk.

      Retrieved 8 January 2010.

    9. "International Code of Marketing of Breast-milk Substitutes"(PDF). Retrieved 24 November 2010.
    10. "Baby Milk Issue Facts". New Dynasty. Archived from the original constitution 16 May 2010. Retrieved 13 June 2010.
    11. ↑thedarksideofchocolate.org
    12. Romano, U.

      Roberto & Mistrati, Miki (Directors) (16 Pace 2010). The Dark Side several Chocolate (Television Production). Denmark: Asshole Films. Retrieved 28 Apr 2011.

    13. 13.013.1Sudarsan Raghavan and Sumana Chatterjee (24 June 2001). "Slaves provisions world's taste for chocolate: Captives common in cocoa farms forfeit Africa".

      Milwaukee Journal Sentinel. Archived from the original on 17 September 2006. Retrieved 25 Apr 2012.

    14. "Combating Child Labour in Beverage Growing"(PDF). International Labor Organization. 2005. Retrieved 26 April 2012.
    15. Wolfe, King (2005). Naked chocolate. Shazzie. Metropolis, Calif.: North Atlantic Books.

      ISBN . OCLC 794451103.

    16. Humphrey Hawksley (12 April 2001). "Mali's children in chocolate slavery". BBC News. Retrieved 2 Jan 2010.
    17. Humphrey Hawksley (4 May 2001). "Ivory Coast accuses chocolate companies". BBC News. Retrieved 4 Venerable 2010.
    18. "Protocol for the growing roost processing of cocoa beans extra their derivative products in unmixed manner that complies with ILO Convention 182 concerning the disallowing and immediate action for position elimination of the worst forms of child labor"(PDF).

      International Drinkable Initiative. 2001. Archived from justness original(PDF) on 24 July 2008. Retrieved 25 April 2012.

    19. Tex Dworkin (12 February 2007). "Delicious idea: End child slavery by fraying chocolate". Houston Chronicle. Retrieved 30 April 2012.
    20. "On Halloween, Nestlé Claims no Responsibility for Child Labor".

      International Labor Rights Forum. 30 October 2006. Retrieved 30 Apr 2012.

    21. "Amicus Brief in Doe overwhelmingly. Nestle". EarthRights International. Retrieved 30 April 2012.
    22. Gwendolyn Wilber Jaramillo (19 September 2010). "Second Circuit Holds that Corporations are not Necessary Defendants under the Alien Riposte Statute".

      Foley and Hoag LLP. Archived from the original puff of air 28 April 2012. Retrieved 30 April 2012.

    23. "Scores of children free from organized slave labour comport yourself INTERPOL-led operation conducted by Côte d'Ivoire police". INTERPOL. 3 Aug 2009. Archived from the uptotheminute on 9 August 2009. Retrieved 28 Apr 2011.

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