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Essay / Nestlé CSR Strategy - 955
Nestlé was established in 1866 in Vevey, Switzerland. Nestlé is one of the largest food companies and has many locations in the United States and other countries as well. Nestlé is considered the global leader in nutrition, health and wellness, which are the most controversial companies in the world. Over the past decade, Nestlé's name has grown due to the boycott and marketing of infant formula created in poor countries that makes infants sick. Recently, Nestlé has become one of the major targets of the global movement against the water industry. Again, Nestlé's labor relations practices in poor countries have been the target of the international labor movement. Few companies are successful, but they continue to manage their business to improve their CSR strategy to become a successful company later. Nestlé uses CSR strategy as a resource within the environment to advocate for market needs and meet stakeholder expectations. Nestlé strives to improve what it needs to become a successful company for its future. Unfortunately, Nestles has raised several negative issues related to CSR strategies, including child labor, unethical promotion and sale of infant formula, and use of palm oil. To begin with, the first negative issue related to CSR is child labor. Child labor means “child labor is work that affects the health and personal development of children and that interferes with, or interrupts, their education.” (Nestlé) At that time, child labor was a major problem all over the world. Children should not work because they are too young, they must be over 16 to work. It is unsafe for them to work due to unsafe working conditions. There are many reasons why child labor exists, such as lack of p...... middle of paper ...... accountability as a top priority. The main point of a CSR strategy is that companies have their own social responsibility goals, which encourage the company to take steps to positively impact the consumer, community and employees in the future. If there was no corporate social responsibility, then there would be environmental and social problems for many consumers, and businesses would no longer exist. Works Cited “Does Nestlé have child labor in its cocoa supply chain? Np, and Web. March 21, 2014. “How Nestlé managed a social media campaign against this phenomenon. » Financial Times. Np, and Web. March 21, 2014. “Nestlé and palm oil. » Greenpeace UK. Np, and Web. March 21, 2014. Krasny, Jill. “Every parent should know the scandalous history of infant formula.” Business internal. Business Insider, Inc. June 25, 2012. Web. March 21. 2014.