Nestléis the world's leading Nutrition, Health and Wellness company. Their mission of "Good Food, Good Life" is to provide consumers with the best tasting, most nutritious choices in a wide range of food and beverage categories and eating occasions, from morning to night.The Company was founded in 1866 by Henri Nestléin V evey, Switzerland, where their headquarters are still located today. Nestlé employ around 280 000 people and have factories or operations in almost every country in the world. Nestlé sales for 2010 were almost CHF 110 bn.The Nestlé Corporate Business Principles are at the basis of their company’s culture, developed over 140 years, which reflects the ideas of fairness, honesty and long-term thinking.BrandsMost people know Nestléthrough their brands. Their portfolio covers almost every food and beverage category –giving consumers tastier and healthier products to enjoy at every eating occasion and throughout life’s stages including times of special nutritional need. Here is a sample of some of their brands. For more information, visit their Brands section.Strategy - Nestlé Roadmap to Good Food, Good LifeNestlé’s objectives are to be recognised as the world leader in Nutrition, Health and Wellness, trusted by all its stakeholders, and to be the reference for financial performance in its industry.Nestlé believe that leadership is not just about size; it is also about behaviour. Trust, too, is about behaviour; and Nestlé recognise that trust is earned only over a long period of time by consistently delivering on their promises. These objectives and behaviours are encapsulated in the simple phrase, “Good Food, Good Life”, a phrase that sums up their corporate ambition.The NestléRoadmap is intended to create alignment for their people behind a cohesive set of strategic priorities that will accelerate the achievement of their objectives. These objectives demand from their people a blend of long-term inspiration needed to build for the future and short-term entrepreneurial actions, delivering the necessary level of performance.Nestléare seeking to achieve leadership and earn that trust by satisfying the expectations of consumers, whose daily choices drive their performance, of shareholders, of the communities in which Nestléoperate and of society as a whole. Nestlébelieve that it is only possible to create long- term sustainable value for their shareholders if their behaviour, strategies and operations are also creating value for the communities where Nestlé operate, for their business partners and, of course, for their consumers. Nestlécall this “Creating Shared V alue”.Nestlé are investing for the future to ensure the financial and environmental sustainability of their actions and operations: in capacity, in technologies, in capabilities, in people, in brands, in R&D. Their aim is to meet today’s needs without compromising the ability of future generations to meet their needs, and to do so in a way which will ensure profitable growth year after year and a high level of returns for their shareholders and society at large over the long-term.Product DevelopmentBehind every one of Nestlé’s products is a team of scientists, product developers, designers, nutritionists, consumer service representatives and regulatory affairs specialists.The diagram above shows some of the steps, where these experts are involved, from identifying the initial consumer benefit to the product launch and on towards continuous improvement. NestléR&D projects are the first step in a pipeline of innovative nutrition solutions for products of the future, across all their business categories.The vision of Nestlé R&DResearch and Development is a key competitive advantage for Nestlé. Without their R&D Nestlécould not have become the food industry leader in nutrition, health and wellness.With 29 research, development and technology facilities worldwide, Nestlé has the largest R&D network of any food company. Nestlé’s research, development and technology network, together with local market application groups, employs over 5,000 people.Nestlé further strengthens its R&D capability through Innovation Partnerships at each stage of the product development process –from early stage collaborations with start up and biotech companies to late stage partnerships with its key suppliers.By bringing together all of its global R&D resources, Nestlé is able to provide high quality, safe food solutions for consumers worldwide – whether this is in terms of nutrition, health, wellness, taste, texture or convenience. Above all, Nestlébrings to consumers products that are of the highest quality. And safety is non-negotiable.R&D is also critical in ensuring regulatory compliance of all Nestléproducts. Nestléis able to launch new products quickly and efficiently, in countries all over the world, by integrating regulatory affairs in all its R&D activities, from start to finish.Nestlé scientists also play their part in communicating the health and wellness benefits of products to consumers. Nestlénutritionists world-wide work to ensure that all nutrition communication, both on and off pack, is locally relevant, as well as scientifically sound.Beyond sound nutrition, the future of foods will increasingly be driven by science. Nestléscientists are looking ahead to the foods of the future. Nestlé R&D is translating nutrition and food science in two ways:※From consumer needs into research priorities※From emerging science into consumer benefits, and services.The vision of NestléR&D is long term. A glimpse of how Nestlé R&D is helping to shape the future of foods is provided through these internet pages.Global NetworkNestlé has a dynamic global network of R&D centres working on scientific research and product development. Its scope and reach are global. Nestléhave the world's largest food and nutrition research organization, with about 5000 people working in R&D, as well as corporate venture funds and research partnerships with business partners and universities. Nestlé's global R&D is applied locally to meet different consumer needs and preferences through their 320 Application Groups worldwide.Shared Value at NestléCreating Shared V alue is the basic way Nestlédo business, which states that in order to create long-term value for shareholders, Nestléhave to create value for society. But Nestlécannot be either environmentally sustainable or create shared value for shareholders and society if Nestlé fail to comply with their Business Principles.This involves compliance with national laws and relevant conventions, as well as their own regulations, which often go beyond their legal obligations. For example, Nestlésupport the Universal Declaration of Human Rights (UDHR), which stands at the basis of the UN Global Compact’s Human Rights Principles, and their CEO Paul Bulcke signed the UN Global Compact CEO Statement for the 60th anniversary of the UDHR.Our strong support for the UN Global Compact, and their detailed commitments to the Fundamental Conventions of the International Labour Organization (ILO) or other relevant instruments, are laid out in their NestléCorporate Business Principles and related policy documents, and their application is verified through their CARE programme and their internal Corporate Group Auditors.Beyond that, how Nestlédo business is based on sustainability –ensuring that their activities preserve the environment for future generations. In line with the Brundtland Commission's definition, sustainable development to Nestlé means “development that meets the needs of the present without compromising the ability of future generations to meet their own needs”.At the same time, Creating Shared V alue goes beyond compliance and sustainability. Any business that thinks long term and follows sound business principles creates value for shareholders and for society through its activities eg. in terms of jobs for workers, taxes to support public services and economic activity in general.But Creating Shared V alue goes one step further. A company consciously identifies areas of focus, where: a) shareholders’ and society’s interests strongly intersect, and b) where value creation can be optimised for both. As a result, the company invests resources, both in terms of talent and capital, in those areas where the potential for joint value creation is the greatest, and seeks collaborative action with relevant stakeholders in society.At Nestlé, Nestléhave analysed their value chain and determined that the areas of greatest potential for joint value optimisation with society are Nutrition, Water and Rural Development. These activities are core to their business strategy and vital to the welfare of the people in the countries where Nestlé operate.InnovationsInnovation is one of Nestlé's key competitive advantages. Nestléhave more than 140 years of research, development and scientific know-how. While there is a great deal of pure and applied science research that takes place in their global R&D centres, Nestlé ensures that the consumer, and the consumer benefit, remains at the core of all their activities.Consumer BenefitsNestlé R&D addresses three areas of benefits for consumers:※Safety and Quality - this underpins all Nestlé products※Nutrition and Health※Taste, Texture and ConvenienceThe Company itself is based on the scientific enquiries of its founder Henri Nestlé, a trained pharmacist. In 1867 he developed Farine Lactée (infant cereal) which was the first infant food of its kind to supply basic nutrients to newborn babies, who could not be breast fed. Henri Nestlédeveloped this solution in order to help save the life of his neighbour’s child.Since 1867 the Company has not strayed from its roots in innovation and nutrition, to bring benefits to the consumer.The last years of the 20 century saw a change in Nestlé’s business strategy. The company moved from being a technology led company that produced convenient, tasty foods and beverages for sustenance, to being a science driven, nutrition, health and wellness company.The future for Nestlé's R&D is firmly set on the path of Nutrition, Health and Wellness. The innovations and product renovations of the coming years will be driven by nutrition that is tailored to better meet the needs to their consumers. These needs may be defined by their genes, the metabolites that their body creates or by the way the brain perceives food. At the same time NestléR&D is committed to continuous improvement in consumer insights, and translating these into innovative products and packaging to meet consumer needs and preferences.Nestlé's Corporate Business PrinciplesThe Nestlé Corporate Business Principles are at the basis of their company’s culture, which has developed over the span of 140 years.Since Henri Nestlé first developed his successful infant cereal “Farine Lactée”, Nestlé have built their business on the conviction that to have long-term success for their shareholders, Nestlé not only have to comply with all applicable legal requirements and ensure that all their activities are sustainable, but additionally Nestlé have to create significant value for society.At Nestlé they call this Creating Shared V alue.The new version of their Corporate Business Principles, updated in June 2010, will be handed over to each of their 280’000 employees by the end of 2010 and accompanied by basic learning and training tools.As of 2011, a modular training programme will be rolled out on the various components of the Corporate Business Principles. The depth and focus of the trainings will be established in accordance with the materiality for the different functions within the company. For example, the training on the human rights components will focus on managers and employees in countries of higher human rights risks as a priority, with the aim to having completed the first training cycle by the end of the year.Their Corporate Business Principles will continue to evolve and adapt to a changing world, theirbasic foundation is unchanged from the time of the origins of their Company, and reflects the basic ideas of fairness, honesty, and a general concern for people.Nestlé is committed to the following Business Principles in all countries, taking into account local legislation, cultural and religious practices:1. Nutrition, Health and WellnessTheir core aim is to enhance the quality of consumers lives every day, everywhere by offering tastier and healthier food and beverage choices and encouraging a healthy lifestyle. Nestlé express this via their corporate proposition 'Good Food, Good Life'.2. Quality Assurance and product safetyEverywhere in the world, the Nestlé name represents a promise to the consumer that the product is safe and of high standard.3. Consumer CommunicationNestlé are committed to responsible, reliable consumer communication that empowers consumers to exercise their right to informed choice and promotes healthier diets. Nestlérespect consumer privacy.4. Human rights in their business activitiesNestléfully support the United Nations Global Compact’s (UNGC) guiding principles on human rights and labtheir and aim to provide an example of good human rights’ and lab their practices throughout their business activities.5. Leadership and personal responsibilityTheir success is based on their people. Nestlé treat each other with respect and dignity and expect everyone to promote a sense of personal responsibility. Nestlérecruit competent and motivated people who respect their values, provide equal opportunities for their development and advancement, protect their privacy and do not tolerate any form of harassment or discrimination.6. Safety and health at workNestlé are committed to preventing accidents, injuries and illness related to work, and to protect employees, contractors and others involved along the value chain.7. Supplier and customer relationsNestlé require their suppliers, agents, subcontractors and their employees to demonstrate honesty, integrity and fairness, and to adhere to their non-negotiable standards. In the same way, Nestlé are committed towards their own customers.8. Agriculture and rural developmentNestlécontribute to improvements in agricultural production, the social and economic status of farmers, rural communities and in production systems to make them more environmentally sustainable.9. Environmental sustainabilityNestlécommit ourselves to environmentally sustainable business practices. At all stages of the product life cycle Nestléstrive to use natural resources efficiently, favtheir the use of sustainably-managed renewable resources, and target zero waste.10. WaterNestléare committed to the sustainable use of water and continuous improvement in water management. Nestlé recognise that the world faces a growing water challenge and that responsible management of the world’s resources by all water users is an absolute necessity.Nestlécontinues to maintain its commitment to follow and respect all applicable local laws in each of its markets.。