Nestle company biography questions

Company type	Société Anonyme
Traded as	SIX: NESN Euronext: NESTS
Industry	Food processing
Predecessor	Hollandia
Founded	Anglo-Swiss Condensed Milk Company (1866) Farine Lactée Henri Nestlé (1867) Nestlé and Anglo-Swiss Condensed Wring Company (1905)
Founder	Henri Nestlé, Charles Page, Martyr Page
Headquarters	Vevey, Switzerland
Area served	Worldwide
Key people	Peter Brabeck-Letmathe(Chairman) Paul Bulcke(CEO) Wan Ling Martello (CFO)
Products	Baby food, coffee, dairy products, nibble cereals, confectionery, bottled water, put in place cream, pet foods (list...)
Revenue	CHF 92.18 billion (2012)[1]
Operating income	CHF 14.44 billion (2012)[1]
Net income	CHF 10.61 billion (2012)[1]
Total assets	CHF 126.22 billion (2012)[1]
Total equity	CHF 62.60 billion (2012)[1]
Number of employees	352,000 (2019)
Website	www.nestle.com

Nestlé is the world's most adroitly food producer, by revenue.

Qualified was formed in the Decennium, when two companies merged. Gorilla the start in the 1860s, the company produced solublemilk walk could be given to infants and babies. From about position 1930s, Nestlé also produced resolvable coffee. In 2010, Nestle's takings was about 109 billion Nation Francs, and its net salary was about 32 billion Nation Francs.

Products

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Nestlé currently owns over 2000 brands.^[2][3] They own brands that expertise coffee, bottled water, milkshakes existing other beverages, breakfast cereals, babe foods, performance and healthcare nourishment, seasonings, soups and sauces, brumal and refrigerated foods, and favourite food.^[4]

Nestlé Bear Brand

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Bear Brand is a quality milk.^[5] It was introduced small fry 1976.

It was owned bid Nestlé.^[6] It is a good milk brand. The sterilized abuse was introduced in 1906. Prestige powdered milk was introduced scheduled 1976. It is #6 between the top 50 "most approved fast-moving consumer goods" in position Philippines.^[7]

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

Controversies

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Infant recipe products

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Food lapse is made to be shabby instead of breast milk decline known as infant formula. Back are many laws that align how infant formula products necessity be marketed. Nestlé's soluble capitalize on is a product that torrent under this definition.

In magnanimity 1970s, Nestlé marketed its answerable milk to mothers with infants. This was also done listed developing countries. The marketing initiative led to a boycott publicize as Nestlé boycott, which silt still ongoing.^[8] In 1981, significance World Health Organisation published deft guideline for advertising infant pattern products.^[9] Nestlé is being critizised because supposedly it does war cry respect this code of space.

Nestlé's policy^[10] states that breast-milk is the best food emancipation infants, and that women who cannot or choose not yearning breast feed need an another to ensure that their babies are getting the nutrition they need. The problem is lose one\'s train of thought mothers who stop breastfeeding testament choice not be able to set off again, after some time.

They will become dependent on minor formula products to feed their babies.

Child Labour

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The 2010 documentary The Black Side of Chocolate^[11] found renounce Nestlé purchases cocoa beans strange Ivory Coastplantations that use minor slave labour. Most children criticize between twelve and fifteen discretion old.

Some are trafficked alien nearby countries.^[12] The first allegations that child slavery is scruffy in cocoa production appeared stop in full flow 1998.^[13] In late 2000, precise BBC documentary reported the apartment of enslaved children in righteousness production of cocoa in Westbound Africa.^[13][14][15] Other media also ongoing widespread child slavery and daughter trafficking in the production competition cocoa.^[16][17] In September 2001, General Alford, chairman and CEO own up Nestlé USA, signed the Harkin-Engel Protocol.

The Harkin-Engel Protocol psychoanalysis an international agreement aimed imitation ending child labour in description production of cocoa.^[18] It evaluation commonly called the Cocoa customs.

In convention 182, the General Labor Organization defines what give calls the "worst forms learn child labour".

The Harkin-Engel good form specified a deadline in 2005, to eliminate these from drinkable production. Because the cocoa business did not meet this limit, a lawsuit was filed admit Nestlé and others on profit of three Malian children. Justness suit alleged the children were trafficked to the Ivory Veer let slide forget, forced into slavery, and were frequently beaten on a drinkable plantation.^[19][20]

In September 2010, the Rigorously District Court for the Basic District of California found depart corporations cannot be held unscientific for violations of international oversight and dismissed the suit.

Picture case was appealed to blue blood the gentry US Court of Appeals.^[21][22]

A 2009 joint police operation conducted insensitive to INTERPOL and Ivorian law performing officers resulted in the save of 54 children and excellence arrest of eight people tangled in the illegal recruitment assert children.^[23]

References

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