Case study: How Nestlé strives to operate with a fundamental respect for the rights of the people it employs, does business with or otherwise interacts with
Recognizing that prospering over the long term means doing business in compliance with national and international laws, regulations and standards, as well as its own principles and values, Nestlé has made respect for the rights of the people it employs, does business with or otherwise interacts with a key priority.
Abstract
Realizing that ethical business practices are essential to long-term business success, Nestlé strives to ensure that its business activities are based on a robust set of guiding values and principles, developed during the last 150 years. In order to operate with a fundamental respect for the rights of the people it employs, does business with or otherwise interacts with Nestlé took action to:
• assess and address human rights impacts in Nestlé’s operations and supply chain
• ensure every employee or stakeholder can easily report compliance violations
• prevent and eliminate child labour in Nestlé’s supply chain
• fight bribery and corruption
Abstract
By providing innovative, top quality infrastructure services SIX strives to ensure the reliability and efficacy of the Swiss financial market. In order to contribute to the stability and attractiveness of the Swiss financial center through forward-looking services, SIX took action to:
• help financial institutions achieve compliance
• contribute to the efficient use of resources through e-bills
• enable paper-free land registry information processing through Terravis
• develop the SXI Switzerland Sustainability 25 Index on the most sustainable companies
Using the GRI Standards in order to maintain and increase the value of your company
With each publication in this series the FBRH team will highlight one key impact identified by a company reporting in accordance with the GRI Standards and show how it has taken a structured, systematic approach to improving performance. With such positive action companies build trust, by dealing responsibly and conscientiously with their impact on the environment and on their stakeholders (e.g. clients, suppliers, shareholders, local communities, NGOs or local government). Stakeholders that can hold it back or stop it from reaching its objectives
By building trust your company creates loyalty and long-term commitment to its services and brands
