Nestlé in society Creating Shared Value and meeting our commitments 2015
nestle-csv-full-report-2015-en
nestle-csv-full-report-2015-en
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Nestlé</strong> <strong>in</strong> <strong>society</strong>:<br />
Creat<strong>in</strong>g <strong>Shared</strong> <strong>Value</strong> Nutrition, health <strong>and</strong> wellness Rural development Water Environmental susta<strong>in</strong>ability Human rights <strong>and</strong> compliance Our people<br />
General<br />
St<strong>and</strong>ard<br />
Disclosures<br />
Page number<br />
(or l<strong>in</strong>k)<br />
Identified<br />
omission(s)<br />
Reason(s) for<br />
omission(s)<br />
Explanation for omission(s)<br />
External<br />
assurance<br />
G4-55 CGR: Compensation report p27 onwards<br />
Ethics <strong>and</strong> Integrity<br />
The ratio of the annual total compensation percentage <strong>in</strong>crease of the CEO (the<br />
highest paid <strong>in</strong>dividual) to the median annual total compensation <strong>in</strong>crease for all<br />
employees is -0.64.<br />
Accompany<strong>in</strong>g notes: The percentage difference <strong>in</strong> the CEO’s compensation between <strong>2015</strong><br />
<strong>and</strong> 2014 is -2.24%. The percentage difference <strong>in</strong> median employee compensation between<br />
<strong>2015</strong> <strong>and</strong> 2014 is 3.5%. Thus, the ratio between the <strong>in</strong>crease <strong>in</strong> the CEO compensation <strong>and</strong><br />
median employee compensation is -0.64.<br />
For total <strong>2015</strong> CEO compensation <strong>and</strong> for details on the types of compensation <strong>in</strong>cluded <strong>in</strong><br />
the calculation please see: CGR: p42.<br />
The median compensation per employee is an estimate based on the company’s<br />
total worldwide salaries divided by the total number of employees <strong>in</strong> each reported<br />
year. See p93 of the <strong>2015</strong> CFS. For the total number of employees, see p39 of the<br />
AR.<br />
The ratio of the annual median employee compensation <strong>and</strong> the total annual CEO<br />
compensation is distorted due to worldwide salary difference.<br />
G4-56 NiS: Bus<strong>in</strong>ess pr<strong>in</strong>ciples <strong>and</strong> governance > The <strong>Nestlé</strong> Corporate Bus<strong>in</strong>ess Pr<strong>in</strong>ciples p19<br />
HRC: Our role <strong>in</strong> human rights <strong>and</strong> compliance > Our policies <strong>and</strong> st<strong>and</strong>ards p225<br />
HRC: Anti-corruption <strong>and</strong> privacy > Anti-corruption p247–248<br />
OP: Our role with <strong>our</strong> people > Our policies <strong>and</strong> st<strong>and</strong>ards p258–259<br />
AR: Compliance p60<br />
The <strong>Nestlé</strong> Corporate Bus<strong>in</strong>ess Pr<strong>in</strong>ciples have been translated <strong>in</strong>to over 50 languages, see:<br />
http://www.nestle.com/aboutus/bus<strong>in</strong>esspr<strong>in</strong>ciples/bus<strong>in</strong>esspr<strong>in</strong>ciples<br />
The <strong>Nestlé</strong> Code of Bus<strong>in</strong>ess Conduct is available <strong>in</strong> English, French, German <strong>and</strong> Spanish,<br />
see: http://www.nestle.com/aboutus/bus<strong>in</strong>esspr<strong>in</strong>ciples/code-of-bus<strong>in</strong>ess-conduct<br />
G4-57 HRC: Compliance > Report<strong>in</strong>g of compliance violations p244<br />
HRC: Compliance > The <strong>Nestlé</strong> Integrity Report<strong>in</strong>g System (<strong>in</strong>ternal) p244<br />
HRC: Compliance> Tell us – <strong>our</strong> external compliance report<strong>in</strong>g system p245<br />
The <strong>Nestlé</strong> Integrity Report<strong>in</strong>g System <strong>and</strong> ‘Tell us’ are managed globally <strong>and</strong> are<br />
<strong>in</strong>dependent of <strong>Nestlé</strong> markets. The ‘Tell us’ system is managed <strong>in</strong>dependently by a third<br />
party <strong>and</strong> is available 365 days a year, 24 h<strong>our</strong>s a day. Both systems are anonymous.<br />
Country breakdown <strong>and</strong><br />
the ratio percentage<br />
<strong>in</strong>crease <strong>in</strong> annual<br />
compensation for the CEO<br />
to the median percentage<br />
<strong>in</strong>crease <strong>in</strong> annual total<br />
compensation for all<br />
employees (exclud<strong>in</strong>g the<br />
highest-paid <strong>in</strong>dividual <strong>in</strong><br />
the same country)<br />
Total number of requests<br />
for advice received dur<strong>in</strong>g<br />
the report<strong>in</strong>g period<br />
through the organisation’s<br />
mechanisms for seek<strong>in</strong>g<br />
advice.<br />
The <strong>in</strong>formation<br />
is currently<br />
unavailable<br />
Data unavailable.<br />
As this is <strong>our</strong> global report, we<br />
have provided the ratio of the<br />
percentage <strong>in</strong>crease between<br />
the CEO <strong>and</strong> the median<br />
compensation of <strong>our</strong> employees<br />
worldwide between 2014 <strong>and</strong><br />
2013. We have not provided a<br />
country level breakdown as that<br />
is outside the scope of <strong>our</strong><br />
global report. Moreover, the<br />
disclosure of the CEO, members<br />
of the Board of Directors <strong>and</strong><br />
total compensation of the<br />
Executive Board is based on<br />
Swiss legal requirements <strong>and</strong><br />
Swiss Code of Best Practices for<br />
Corporate Governance as duly<br />
stated <strong>in</strong> the CGR (p32), <strong>and</strong><br />
does not break down the<br />
<strong>in</strong>formation by country.<br />
Data is not available for the IRS<br />
system. However there were<br />
4 requests for seek<strong>in</strong>g advice<br />
via the ‘Tell us’ system.<br />
No<br />
Yes, see assurance<br />
statement p295<br />
Yes, see assurance<br />
statement p295<br />
<strong>Nestlé</strong> <strong>in</strong> <strong>society</strong> – Creat<strong>in</strong>g <strong>Shared</strong> <strong>Value</strong> <strong>and</strong> meet<strong>in</strong>g <strong>our</strong> <strong>commitments</strong> <strong>2015</strong> 306