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Nestlé

Nestlé is a multinational food and drink processing company with a product portfolio that includes baby foods, bottled water, cereals, chocolate and confectionery, coffee, and dairy products, among others. It stands as one of the biggest food processors in the world, offering more than 2,000 brands ranging from globally recognizable icons to local favorites. Within the coffee segment, Nespresso is Nestlé's major subsidiary, while its cereal segment is led by Cereal Partners Worldwide, a joint venture with General Mills. In 2022, Nestlé made strategic acquisitions to further strengthen its company portfolio across different categories and geographies. The acquired companies include Puravida, The Better Health Company, and Seattle's Best Coffee.

Summary

Nestlé ranks tenth overall and third in the food and agriculture sector with a score of 40.4 out of 100. It displays strong performance across all measurement areas, particularly demonstrating leadership in compensation and benefits area, where it ranks second. Still, it has an opportunity to improve in the representation measurement area, where it performs moderately.

Nestlé is one of the 13 companies that assesses and prioritises gender-related human rights impacts as being salient and one of thesix 6 companies that engages with women as part of its risk identification and assessment process. It is also one of the 10 companies that discloses that its primary carer leave policy is aligned to the ILO standard of at least 14 weeks and one of the 15 companies that discloses that its secondary carer leave policy is aligned to the ILO standard of at least 2 weeks.

Nestlé has an opportunity to improve on disclosing gender-disaggregated turnover and promotion data, the ratio of the basic salary and remuneration of women to men in its total direct operations for each employee category, as well as strengthening its commitment to preventing violence and harassment in its supply chain, e.g. through requiring its suppliers to conduct trainings on this topic or to have dedicated policies in one or more local languages.

Ranking position: #10 /112
Total score: 40.4 /100

Measurement area	Score	Rank (0-112)
Governance and strategy	#1 9.3 /20	#11
Representation	#1 3.1 /17.5	#64
Compensation and benefits	#1 10.2 /17.5	#2
Health and well-being	#1 8.8 /17.5	#13
Violence and harassment	#1 6.6 /17.5	#15
Marketplace and community	#1 2.5 /10	#38
Total score	40.4 /100	#10

Value chain element	Score
Workplace	11.3 /35
Supply chain	17.3 /35

Segment
Food and Agriculture	#3

More about the company

Headquarters: Vevey, Switzerland
Number of employees: 275000
Percentage of female employees: 40%
Group revenue: USD 99,394 billion
Ownership structure: Publicly listed
Website: https://www.nestle.com/