Company Directory - Nestlé
Company Details - Nestlé

Nestlé
WebsiteVevey, Switzerland
ISIN: CH0038863350
200 Locations
Nestlé is a global food and beverage company known for its broad range of products, including nutrition, health, and wellness items. The company has expanded its operations into the veterinary sector through its pet care division, demonstrating its commitment to improving quality of life through healthy nutrition for all ages, including pets.
CCI Score
CCI Score: Nestlé
-9.41
0.02%
Latest Event
Nestlé’s Expansion in Veterinary Sector Raises Ethical Concerns
The article highlights Nestlé's role in the corporatization of UK veterinary practices following regulatory changes. It notes that Nestlé, alongside other large corporations, has contributed to a business model that prioritizes profit over affordable, quality care, resulting in higher costs for pet owners and increased pressure on veterinary staff.
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COLLABORATOR
Nestlé is currently rated as a Collaborator.
Latest Events
- MAY192025
The article highlights Nestlé's role in the corporatization of UK veterinary practices following regulatory changes. It notes that Nestlé, alongside other large corporations, has contributed to a business model that prioritizes profit over affordable, quality care, resulting in higher costs for pet owners and increased pressure on veterinary staff.
- MAR152024
Nestlé reported a 13.5% reduction in its 2023 GHG emissions, largely driven by sustainability initiatives within its operations and supply chain. The company is working with suppliers and farmers to adopt regenerative agriculture practices, with 15.2% of its raw materials sourced from such practices by the end of 2023 and a target of 20% by 2025. This action demonstrates a commitment to more ethical and environmentally responsible sourcing methods.
+70
Supply Chain Ethics
May 19
Nestlé's efforts to transition its supply chain towards regenerative agriculture practices and increase sourcing of greener raw materials represent a commitment to ethical business practices and environmental sustainability. Such initiatives support community wellbeing and responsible sourcing, reflecting positively against authoritarian corporate practices that may prioritize profit over people and planet.
- MAR122024
Nestlé's latest sustainability report highlights a 13.5% reduction in greenhouse gas emissions alongside progress in sourcing raw materials from regenerative agriculture—15.2% by the end of 2023 with a target of 20% by 2025—demonstrating a progressive approach to ethical supply chain practices.
+70
Supply Chain Ethics
May 19
Nestlé's initiative to increase sourcing from regenerative agriculture, thereby reducing its greenhouse gas emissions and moving towards sustainable procurement practices, reflects a commitment to ethical supply chain management. This approach supports environmental sustainability and progressive business practices, standing in opposition to exploitative supply chains often linked to authoritarian profit models.
Nestle : Procurement Strategy Powers Sustainability Progress
- DEC112023
Nestlé released its latest sustainability report outlining significant steps in reducing greenhouse gas emissions, advancing regenerative agriculture, improving water stewardship, and setting ambitious targets for sustainable sourcing and plastic waste reduction. The report also acknowledges challenges in fully addressing Scope 3 emissions and enhancing packaging sustainability.
+40
Business Practices and Ethical Responsibility
May 19
Nestlé's detailed sustainability report demonstrates a commitment to progressive environmental and supply chain reforms by reporting significant greenhouse gas reductions and initiatives to promote sustainable sourcing and regenerative agriculture. While challenges remain (such as reducing Scope 3 emissions and plastic packaging impacts), the overall effort reflects ethical business practices that align with social responsibility and transparency.
Nestlé's environmental and sustainability endeavours unveiled
- DEC042023
An Ethical Consumer report has labeled Nestlé's cocoa sourcing practices as 'inadequate', highlighting that only 50% of its cocoa globally is certified by the Rainforest Alliance, raising concerns over fair compensation to cocoa farmers and potential labor abuses. Nestlé defended its efforts with initiatives like the Nestlé Cocoa Plan and an income accelerator programme, but the report underscores ongoing issues including child labor and deforestation risks in its supply chain.
-40
Supply Chain Ethics
May 19
The Ethical Consumer report criticizes Nestlé for its insufficient sustainable cocoa sourcing, noting that only 50% of its cocoa (outside the UK and Ireland) is certified by the Rainforest Alliance. This highlights significant issues in the supply chain including potential underpayment to farmers and risk of child labor, thus warranting a negative score in Supply Chain Ethics under Business Practices and Ethical Responsibility.
Nestlé, Mars among chocolate makers criticised in cocoa-sourcing report
- NOV132023
In an extensive interview with NZZ, former Nestlé CEO Peter Brabeck-Letmathe argued that companies should steer clear of engaging in politics. He recalled his experiences from managing operations in politically charged environments including Syria, Iran, South Africa, and Cuba, and maintained that taking political stances could lead to undue pressure and accusations. His observation reflects a longstanding corporate strategy of neutrality, which, from an anti‑fascist perspective, avoids utilizing corporate power to oppose authoritarian measures.
-40
Executive Political Engagement
May 19
The former CEO’s stance urging companies to remain apolitical demonstrates a reluctance to engage in political advocacy. From an anti‑fascist perspective, this corporate neutrality can be viewed as a missed opportunity to actively resist authoritarian pressures and support progressive political engagement, ultimately undermining efforts to counter authoritarian practices.
Former Nestlé CEO Peter Brabeck-Letmathe says firms should stay out of politics
- AUG032023
On August 3, 2023, Nestlé registered Mercury Public Affairs, with Shannon Campagna leading the effort, to bolster its lobbying on plant-based policy. This move follows the company's ongoing engagement in plant-based food initiatives, highlighting its strategic political engagement in the food industry.
+60
Political Contributions and Lobbying Efforts
May 19
Nestlé’s decision to engage Mercury Public Affairs for plant-based policy lobbying indicates a proactive, progressive approach to influencing food and agriculture policy. By aligning its lobbying efforts with plant-based initiatives, the company appears to support sustainable and ethical food production practices. This move can be interpreted as a positive, anti-authoritarian engagement given its potential to foster reforms in conventional agriculture.
- MAR312023
OpenSecrets reported that Nestlé spent $848,000 on lobbying activities during the period from January 1 to March 31, 2023, highlighting its efforts to influence public policy.
-40
Political Contributions and Lobbying Efforts
May 19
The reported lobbying expenditure suggests that Nestlé is actively engaging in political influence through financial lobbying. From an anti-fascist perspective, such corporate lobbying can be seen as a way to protect corporate interests and potentially undermine progressive policy reforms that benefit workers and marginalized groups.
- FEB152023
Multiple international protests, from Indonesia and Pakistan to New York and Australia, have mobilized trade union activists demanding the reinstatement of dismissed union members and fair labor practices at Nestlé facilities. The demonstrations highlight accusations of union busting and unfair treatment of contract workers, reinforcing anti-authoritarian labor rights demands.
+80
Labor Relations and Human Rights Practices
May 19
The protests are a response to alleged unfair dismissals and poor labor practices at Nestlé facilities, emphasizing the struggle for union rights and permanent employment for contract workers. This action aligns with progressive, anti-authoritarian sentiments as workers mobilize for justice and fair treatment.
Nestlé workers, supporters rally in Indonesia and Pakistan as global support builds
- FEB012023
Confidential documents reveal that Nestlé engaged in extensive lobbying efforts, including meetings with high-level government advisors such as those to President Macron and the Secretary General of the Élysée, to secure regulatory exemptions for using banned water filters despite health warnings. The company also intensified pressure by threatening job cuts.
-80
Political Contributions and Lobbying Efforts
May 19
Documents detail Nestlé's intensive lobbying activities, including successive meetings with influential government advisors and officials, aimed at circumventing health and safety regulations. This reflects a concerning use of corporate influence to shape public policy to the benefit of the company.
Scandal: Nestlé lobbying all the way to the top of government
-70
Regulatory Capture
May 19
By obtaining authorization to use non-compliant filters despite clear health risks and warnings from authorities, Nestlé demonstrated a classic example of regulatory capture, where corporate pressure overrode public health considerations.
Scandal: Nestlé lobbying all the way to the top of government
- SEP012022Plastic Pollution and Waste
-56.97
Nestlé has been widely criticized for its reliance on single-use, non-recyclable plastic packaging that contributes to long-term environmental pollution, affecting wildlife and marginalized communities.
-75
Business Practices and Ethical Responsibility
May 19
The persistent use of unrecyclable plastics by Nestlé not only harms the environment but also disproportionately impacts marginalized communities, revealing a pattern of unethical business practices.
- NOV222021
A Harvard Law School article details problematic arguments by Nestlé's legal team in defending the company in litigation over widespread child labor abuse on West African cocoa farms. The defense strategy, which risks undermining accountability for human rights abuses, illustrates deeper issues in Nestlé's supply chain ethics and labor practices.
-70
Labor Relations and Human Rights Practices
May 19
The article highlights Nestlé’s legal defenses amidst allegations of systemic child labor abuse in its cocoa supply chain. By attempting to mitigate liability through legal arguments, the company is seen as neglecting its responsibility to protect vulnerable workers, reflecting a severe violation of labor rights and human dignity.
-70
Supply Chain Ethics
May 19
Nestlé’s reliance on a cocoa supply chain notorious for unethical labor practices, including the use of child labor, indicates a systemic failure in supply chain ethics. The legal arguments used by its defense team further reinforce complicity in practices that undermine the wellbeing and rights of vulnerable children.
- JAN012021
Nestlé is facing allegations and lawsuits for its alleged complicity in child slave labor on cocoa farms in the Ivory Coast, implicating the company in severe human rights abuses within its supply chain.
-90
Supply Chain Ethics
May 19
The accusations of child slave labor within Nestlé’s cocoa supply chain represent a profound violation of human rights and ethical supply chain practices, aligning with authoritarian disregard for vulnerable populations.
- DEC072020
The U.S. Supreme Court dismissed a lawsuit alleging that Nestlé aided and abetted child slavery on Ivory Coast cocoa farms. In response, a Nestlé spokesperson reiterated that child labor is unacceptable and emphasized the company’s commitment to combating child labor in the cocoa industry. The decision was based on jurisdictional grounds, leaving the company to continue its stated efforts against child labor.
+15
Labor Relations and Human Rights Practices
May 19
Nestlé’s response to the allegations, as highlighted by their firm statement against child labor, demonstrates a commitment to upholding human rights standards in labor practices. Although the lawsuit raised serious concerns about supply chain ethics and labor conditions, the dismissal on jurisdictional grounds and the company’s proactive stance contribute a modest positive impact in the context of labor relations and human rights practices.
Supreme Court throws out child slavery lawsuit against Nestle, Cargill
- DEC012020
The Supreme Court heard arguments in a case alleging that Nestlé, along with Cargill, knowingly sourced cocoa from farms employing child slave labor, a move that could limit victims' ability to seek justice in U.S. courts. The hearing featured critical questions from both conservative and liberal justices and noted that the Trump administration is backing the companies’ legal arguments.
-60
Supply Chain Ethics
May 19
Allegations that Nestlé knowingly sourced cocoa from farms using child slave labor raise severe concerns regarding its supply chain ethics. Despite the company's claims of taking steps to combat child labor, the historical and ongoing concerns over its supply chain practices significantly tarnish its ethical record.
Supreme Court hears Nestle, Cargill alleged human rights abuses case
-40
Public and Political Behavior
May 19
Nestlé's legal strategy to support arguments that could limit the ability of human rights abuse victims to access U.S. courts reflects a concerning stance in public and political behavior. The backing by the Trump administration further signals the company's alignment with policies that may undermine accountability and the protection of vulnerable groups.
Supreme Court hears Nestle, Cargill alleged human rights abuses case
- JAN012018
Nestlé has been accused of depleting and contaminating groundwater sources in Pakistan, exacerbating water scarcity and contributing to public health risks in affected communities.
-80
Economic and Structural Influence
May 19
The extraction and mismanagement of groundwater by Nestlé in Pakistan reflects an exploitative approach to natural resource utilization, negatively impacting community access to safe water and compromising public health.
- SEP272016
The article details Nestlé's persistent lobbying efforts in the United States, spending millions over recent years—including $1.31 million in 2016—to shape legislation on water usage, cocoa trade, labor, and environmental regulations. It highlights the company's use of in-house and external lobbying resources as well as its ties to groups like ALEC, which craft model bills favorable to corporate interests.
-70
Political Contributions and Lobbying Efforts
May 19
Nestlé’s significant political spending on lobbying—targeting key issues such as environmental regulation, labor, and trade—demonstrates a clear intent to block or dilute progressive reforms. By allocating substantial funds to influence legislative outcomes and align with corporate-friendly lobby groups, the company reinforces a regulatory environment that favors authoritarian, profit-driven policies at the expense of public interest.
Nestle Spent $11M Lobbying Congress To Control Water, Cocoa & Trade Since 2013
- JAN011984
Since the 1980s, Nestlé has been extracting vast quantities of water from drought-affected areas in California, exploiting public resources with minimal financial compensation, raising concerns about sustainability and public good.
-70
Economic and Structural Influence
May 19
Nestlé’s long-term extraction of water from drought-stricken Californian regions highlights a disregard for community needs and ethical stewardship of natural resources, reflecting broader issues of economic and structural exploitation.
- JAN011970Baby Formula Scandal
-0.31
Nestlé aggressively marketed baby formula as a superior alternative to breast milk in developing countries during the 1970s, employing deceptive practices that led to detrimental health impacts on infants and contributed to nutritional deficiencies in vulnerable populations.
-80
Business Practices and Ethical Responsibility
May 19
Nestlé’s promotion of baby formula over natural breastfeeding in developing regions involved unethical marketing tactics and a disregard for the health of infants, representing a significant breach of ethical business practices.
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Corporate Financials
- Revenue
- 2022
- $102.70B
- Total Assets
- 2022
- $125.00B
- Operating Income
- 2022
- $15.80B
- Total Equity
- 2022
- $80.00B
Employees: 273,000
Industries
- 311511
- Fluid Milk Manufacturing
- 311514
- Dry, Condensed, and Evaporated Dairy Product Manufacturing
- 311920
- Coffee and Tea Manufacturing
- 311991
- Perishable Prepared Food Manufacturing
- 311999
- All Other Miscellaneous Food Manufacturing