Nestlé

Who has not heard about Nestlé? A global behemoth which is 150 years old in the business of providing safe, quality nutrition with 2000+ brands worldwide. The Company has a strength of around 270 000 employees in operations spread across 186 countries and 354 factories in 79 countries. That’s Nestle!

Nestlé S.A., a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland, is the world’s largest publicly held food company, measured by revenue and other metrics, since 2014.

Nestle SA is a nutrition, health and wellness company which engages in the manufacture, supply and production of prepared dishes and cooking aids, milk-based products, pharmaceuticals and ophthalmic goods, baby foods and cereals. The company products portfolio includes powdered and liquid beverages, water, milk products and ice cream, nutrition and health science, prepared dishes and cooking aids, confectionery, and pet care.

For over 150 years, Nestle has been applying their expertise in Nutrition, Health, and Wellness to help people, families, and pets live happier, healthier lives. The Company is constantly exploring and aims to push the boundaries of what is possible with foods, beverages, and nutritional health solutions. They unlock the power of food to enhance the quality of life for everyone today and for generations to come.

During an interview, Mark Schneider, Nestle CEO, said, “We are focused on creating shared value over both the short and long term. Growing food insecurity around the world and heightened climate concerns following an increase in unusual weather patterns, underlines the importance of this strategic direction. Good for you and good for the planet are the two key strategic pillars that our Company pursues in an unwavering manner, even in the face of significant short-term challenges.”

LEADERSHIP

Mark Schneider
Chief Executive Officer

Mark Schneider – Chief Executive Officer since 2017 Chief Executive Officer has worked with Nestlé’s Board and executive team to sharpen the Company’s strategic focus on high-growth categories like coffee, pet care and nutritional health products. He has supported the Company’s innovation efforts to bring new products even faster to market. Mark actively engages with the team in exploring healthy, delicious and nutritious products and enjoys trying new samples.

Mark is passionate about the just transition to regenerative agriculture and the support for farming communities in Nestlé’s supply chain.

Prior to Nestlé, Mark was CEO of the Fresenius Group from 2003 to 2016. He joined Fresenius in 2001 as CFO of Fresenius Medical Care. Between 1989 and 2001, he held several senior executive positions with the Haniel Group, a privately held, diversified German multinational company.

Mark is a member of the Board of Directors of Nestlé S.A., the World Economic Forum (WEF) Board of Trustees and its International Business Council, the European Round Table for Industry and the Board of the Consumer Goods Forum.

He has a graduate degree in Finance and Accounting and a doctoral degree in Business Administration from the University of St. Gallen, Switzerland. He also holds an MBA from Harvard University.

People Policies

The Nestlé policy is to hire employees with personal attitudes and professional skills, enabling them to develop a long-term relationship with the Company. Therefore, special attention is paid to ensuring a strong alignment between a candidate’s values and the Nestlé culture.
With a ‘Nestlé in the Market’ (NiM) approach, the HR department has adopted a streamlined approach to ensuring functional leadership and the highest level of focus, clarity, and efficiency. Their structure is based on three dedicated areas, which provide specialized services (Centres of Expertise), deploy HR strategies within a specific business (Business Partners) and perform transactional activities (Employee Services).

Nestle provides flexible working conditions whenever possible and encourages employees to have outside interests, especially community involvement. Those with line management responsibilities are required to take personal ownership of safety and health within their area of responsibility and are encouraged to develop their capability in this area.

Social Impact

The Company believes that business benefits and positive societal impact must be mutually reinforcing and that this is the core of Creating Shared Value.

Nestle believes that Creating Shared Value enables them to optimize value for their shareholders and have a long-term positive impact on all stakeholders connected to our business.

Future Outlook

The CEO told CNBC Thursday that sustainability concerns among its younger customers were a major influence on purchasing decisions.
“If you win their hearts and minds, I mean, this is the future growth of the business,” Mark Schneider said. “Basic rule No. 1 in consumer goods marketing and food and beverage marketing is never, ever lose the younger generation,” he added.
By the year 2030, Nestle wants to cut its greenhouse gas emissions by 50%. It’s aiming for net zero emissions by 2050 “at the latest.”