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Nestlé

Nestlé is the world's largest food producer, by revenue. It was formed in the 1950s, when two companies merged. At the start in the 1860s, the company produced soluble milk that could be given to infants and babies. From about the 1930s, Nestlé also produced soluble coffee. In 2010, Nestle's revenue was about 109 billion Swiss Francs, and its net profit was about 32 billion Swiss Francs.

Nestlé S.A.
Société Anonyme
Traded asSIX: NESN
Euronext: NESTS
IndustryFood processing
FoundedAnglo-Swiss Condensed Milk Company
(1866)
Farine Lactée Henri Nestlé
(1867)
Nestlé and Anglo-Swiss Condensed Milk Company
(1905)
FounderHenri Nestlé, Charles Page, George Page
HeadquartersVevey, Switzerland
Area served
Worldwide
Key people
Peter Brabeck-Letmathe (Chairman)
Paul Bulcke (CEO)
Wan Ling Martello (CFO)
ProductsBaby food, coffee, dairy products, breakfast cereals, confectionery, bottled water, ice cream, pet foods (list...)
RevenueIncrease CHF 92.18 billion (2012)[1]
Increase CHF 14.44 billion (2012)[1]
Increase CHF 10.61 billion (2012)[1]
Total assetsIncrease CHF 126.22 billion (2012)[1]
Total equityIncrease CHF 62.60 billion (2012)[1]
Number of employees
Increase 352,000 (2019)
Websitewww.nestle.com
File:NestleHQ.jpg
Nestlé's headquarters in Vevey, Switzerland

Products

Nestlé currently owns over 2000 brands.[2][3] They own brands that manufacture coffee, bottled water, milkshakes and other beverages, breakfast cereals, infant foods, performance and healthcare nutrition, seasonings, soups and sauces, frozen and refrigerated foods, and pet food.[4]

Nestlé Bear Brand

Bear Brand is a powdered milk.[5] It was introduced in 1976. It was owned by Nestlé.[6] It is a sterilized milk brand. The sterilized milk was introduced in 1906. The powdered milk was introduced in 1976. It is #6 among the top 50 "most popular fast-moving consumer goods" in the Philippines.[7]

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

Controversies

Infant formula products

Food that is made to be used instead of breast milk is known as infant formula. There are many laws that regulate how infant formula products should be marketed. Nestlé's soluble milk is a product that falls under this definition. In the 1970s, Nestlé marketed its soluble milk to mothers with infants. This was also done in developing countries. The marketing campaign led to a boycott known as Nestlé boycott, which is still ongoing.[8] In 1981, the World Health Organisation published a guideline for advertising infant formula products.[9] Nestlé is being critizised because supposedly it does not respect this code of conduct. Nestlé's policy[10] states that breast-milk is the best food for infants, and that women who cannot or choose not to breast feed need an alternative to ensure that their babies are getting the nutrition they need. The problem is that mothers who stop breastfeeding will not be able to start again, after some time. They will become dependent on infant formula products to feed their babies.

Child Labour

The 2010 documentary The Dark Side of Chocolate[11] found that Nestlé purchases cocoa beans from Ivory Coast plantations that use child slave labour. Most children are between twelve and fifteen years old. Some are trafficked from nearby countries.[12] The first allegations that child slavery is used in cocoa production appeared in 1998.[13] In late 2000, a BBC documentary reported the use of enslaved children in the production of cocoa in West Africa.[13][14][15] Other media also reported widespread child slavery and child trafficking in the production of cocoa.[16][17] In September 2001, Bradley Alford, chairman and CEO of Nestlé USA, signed the Harkin-Engel Protocol. The Harkin-Engel Protocol is an international agreement aimed at ending child labour in the production of cocoa.[18] It is commonly called the Cocoa protocol.

In convention 182, the International Labor Organization defines what it calls the "worst forms of child labour". The Harkin-Engel protocol specified a deadline in 2005, to eliminate these from cocoa production. Because the cocoa industry did not meet this deadline, a lawsuit was filed against Nestlé and others on behalf of three Malian children. The suit alleged the children were trafficked to the Ivory Coast, forced into slavery, and were frequently beaten on a cocoa plantation.[19][20]

In September 2010, the US District Court for the Central District of California found that corporations cannot be held liable for violations of international law and dismissed the suit. The case was appealed to the US Court of Appeals.[21][22]

A 2009 joint police operation conducted by INTERPOL and Ivorian law enforcement officers resulted in the rescue of 54 children and the arrest of eight people involved in the illegal recruitment of children.[23]

Nestlé Media

  • Henry Nestle.jpg

    Henri Nestlé (1814–1890), a German-born Swiss confectioner, was the founder of Nestlé and one of the main creators of condensed milk.

  • Aleppo Nestle building Tilal street 1920s, postcard by Wattar brothers.jpg

    Aleppo Nestlé building Tilal street 1920s

  • Nestlé1.jpg

    The Brazilian president, Lula da Silva, inaugurates a factory in Feira de Santana (Bahia), in February 2007.

  • Kobe Nestle Japan HQ02ss3000.jpg

    Nestlé Japan headquarters in Nestlé House building, Kobe, Japan

  • 1812 North Moore.jpg

    Nestlé USA headquarters at 1812 N Moore in Arlington, Virginia

  • Kopenhagen Mai 2009 PD 486.JPG

    Kopenhagen Mai 2009 PD 486

  • Samples of Nestle Toll House Cafe.JPG

    Samples of Nestlé Toll House Cafe items in 2012

  • Anti-Nesquik protest.JPG

    A Nesquik-rashist rabbit at the action against discrimination Ukrainian-speaking people, Kyiv

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  2. ↑ Smith, Aaron. "Nestle selling U.S. candy brands to Nutella company". CNNMoney. http://money.cnn.com/2018/01/16/news/companies/nestle-ferrero/index.html. Retrieved 18 June 2018. 
  3. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  4. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  5. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  6. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  7. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  8. ↑ Tran, Mark. Blogs.guardian.co.uk. London: Blogs.guardian.co.uk. http://blogs.guardian.co.uk/businessinsight/archives/2005/09/01/branded.html. Retrieved 8 January 2010. 
  9. ↑ International Code of Marketing of Breast-milk Substitutes. http://www.who.int/nutrition/publications/code_english.pdf. Retrieved 24 November 2010. 
  10. ↑ Baby Milk Issue Facts. New York. http://www.babymilk.nestle.com/. Retrieved 13 June 2010. 
  11. ↑ thedarksideofchocolate.org
  12. ↑ Romano, U. Roberto & Mistrati, Miki (Directors). The Dark Side of Chocolate [Television Production]. Denmark: Bastard Films. Retrieved on 28 Apr 2011.
  13. ↑ 13.0 13.1 Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  14. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  15. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  16. ↑ Humphrey Hawksley (12 April 2001). Mali's children in chocolate slavery. BBC News. http://news.bbc.co.uk/1/hi/world/africa/1272522.stm. Retrieved 2 January 2010. 
  17. ↑ Humphrey Hawksley (4 May 2001). Ivory Coast accuses chocolate companies. BBC News. http://news.bbc.co.uk/2/hi/africa/1311982.stm. Retrieved 4 August 2010. 
  18. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  19. ↑ Tex Dworkin (12 February 2007). Delicious idea: End child slavery by eating chocolate. http://www.chron.com/opinion/outlook/article/Delicious-idea-End-child-slavery-by-eating-1837193.php. Retrieved 30 April 2012. 
  20. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  21. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  22. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
  23. ↑ Lua error in Module:Citation/CS1/Utilities at line 38: bad argument #1 to 'ipairs' (table expected, got nil).
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