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Nestlé Waters – Creating Shared Value report

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1 The leading healThy hydraTion company<br />

Figure 5<br />

<strong>Nestlé</strong> <strong>Waters</strong> <strong>Creating</strong> <strong>Shared</strong> <strong>Value</strong> pyramid<br />

14<br />

Water Resource<br />

Management<br />

<strong>Creating</strong><br />

<strong>Shared</strong><br />

<strong>Value</strong><br />

Sustainability<br />

Compliance<br />

Environmental<br />

Performance<br />

1.4 <strong>Creating</strong> <strong>Shared</strong> <strong>Value</strong><br />

<strong>Nestlé</strong> <strong>Waters</strong> <strong>–</strong> creaTing <strong>Shared</strong> <strong>Value</strong> reporT 2005-2010<br />

In a world undergoing profound and rapid change, the development of mankind, social progress<br />

and the future of our planet all depend on our collective capacity to meet the great challenges of<br />

our era. While the creation of value for shareholders remains the raison d’être of every company,<br />

it has become increasingly obvious that this goal cannot be achieved in the long term by ignoring<br />

the major issues of our times.<br />

Being a leader means behaving in a responsible manner so that our activity is not dissociated<br />

from our capacity to create value for society at the same time. That is what we call <strong>Creating</strong><br />

<strong>Shared</strong> <strong>Value</strong> (Figure 5).<br />

The <strong>Creating</strong> <strong>Shared</strong> <strong>Value</strong> model comprises the framework of this <strong>report</strong>,<br />

which is presented as follows:<br />

▪ Section 2 <strong>–</strong> Quality<br />

is our foundation (page 16). <strong>Creating</strong> <strong>Shared</strong> <strong>Value</strong><br />

is founded on compliance with national laws and relevant conventions,<br />

as well as our own regulations. Compliance is primarily encapsulated<br />

in our <strong>Nestlé</strong> Corporate Business Principles and its related policies.<br />

By extension, compliance constitutes the company’s overall quality<br />

assurance on which we base our mission: to be recognised as the<br />

leading healthy hydration company by all of our stakeholders.<br />

▪ Section 3 <strong>–</strong> Managing our water resources (page 30). Our operations rely entirely on<br />

access to renewable water sources in sufficient quantity and quality. Sustainable water<br />

resource management is not only a crucial prerequisite for our business, but is also a core<br />

condition of our social licence to operate.<br />

▪ Section 4 <strong>–</strong> Optimising our environmental performance (page 44). This section covers<br />

our commitments and achievements in the minimisation of the environmental impacts of our<br />

operations. Over the past few years, civil society has raised concerns about the environmental<br />

impact of the bottled water industry. This section addresses these concerns through a detailed,<br />

realistic and practical assessment of our performance, including areas where improvements<br />

are needed and work is in progress.<br />

▪ Section 5 <strong>–</strong> <strong>Creating</strong> <strong>Shared</strong> <strong>Value</strong> (page 66). Beyond compliance and sustainability, <strong>Nestlé</strong><br />

examined its value chain and determined that Nutrition, Water and Rural Development are<br />

the three areas of greatest potential to further enhance our contribution to society. At <strong>Nestlé</strong><br />

<strong>Waters</strong> we have specified how our company can contribute to these three core societal<br />

challenges, based on our business specificities:<br />

Nutrition → Healthy hydration<br />

Water → Water care<br />

Rural development → Community development

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