Nestle is one of the world’s leading company in nutrition, food and
wellness. Nestles mission state is “Good Food, Good Life” they believe in providing
consumers with the best food, most nutritious choices in a wide range of food
and beverages from morning to night. The company’s business strategy states on
its site “Nestle believes that it is only possible to
create long-term sustainable value for our shareholders if our behavior,
strategies and operations also create value for the communities where we
operate, for our business partners and of course, for our consumers”.
A company who
believes in creating value in their communities also had suppliers who violate
the human rights acts. This is not
creating value at all for the communities where they operate at. This is highly
unethical for a business to do because they contradict their business strategy.
These unethical practices hurt a company in many ways, such as future
endeavors, drop of shares, etc. This is
an act of unethical business practices that happens around the world in
companies no matter their size.
Sources
http://www.nestle.com/CSV/CreatingSharedValueAtNestle/Pages/CreatingSharedValue.aspx
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