Nestle Triple Bottom Line Analysis

1229 Words5 Pages
Triple bottom line (TBL) is a bookkeeping system divided into three sections - people, planet and profit. This framework helps organizations to measure the social, environmental and financial performance of the business. Nestle uses this system to inorder to make the company sustainable.

Nestle S.A. is Swiss transnational company headquartered in Vevey, Vaud, Switzerland. It was formed in 1905 by Anglo-Swiss Milk Company and grew notably during the First World War and following the Second World War increasing it’s early condensed milk and infant formula products. It is currently the world’s biggest food and drink company in the world. The company’s main products are - baby food, medical food, bottled water, breakfast cereals, coffee and tea, confectionery, dairy products, etc. The company is located in 189 countries all over the world with 328,000 employees. Nestle’s ambition is to enhance quality of life and contributing to a healthier future. The company’s triple bottom line is to help 50 million children to live healthier lives, having zero impact on the environment and ensuring long term success of the company. However, we will focus on the company’s impact it has on people and planet in a positive and negative manner and profits Nestle is making.

Nestle is tackling child labor problem in cocoa sector and providing remediation to these children. The Community Liaison Person (CLP) visits households and farms of every member of Nestle cocoa plan to check whether a child

More about Nestle Triple Bottom Line Analysis

Open Document