Company: : Nestle India Ltd
Income 2005-2006 = Rs 2200 Cr (rounded off)
Net profit after tax (05-06) = Rs 250 Cr (rounded off)
Karmayog CSR Rating- 2/5
CSR activities:
Nestle has been a partner in India’s growth for the past nine decades. The company supports various community projects in education, health and welfare and infrastructure around its factories. In Moga, Punjab, for example, Nestle invested substantially to establish milk collection centres with cooling tanks, milking machines and provided farmers with training in breeding and feeding practices to increase the yield of their herd. This has helped to improve the quality of milk produced in the region which in turn helped local farmers increase their incomes. The company has facilitated various initiatives to provide clean drinking water for students of local schools around its factories and also organises projects with the Indian Red Cross which include blood bank services, ambulance services, immunisation and health awareness.
In Calcutta, Nestle India assists SHIS, a social organisation working in the field of rural development in over 1200 villages in the state of West Bengal. The company also provides scholarships to deserving students in some schools and awards the Nestle scholarships for young business managers in six different management institutes.
CSR Activities 2007
Clean Drinking Water Programme
The work at Moga was just the beginning. Today we have seven factories across the country.Each one demonstrates that our investments result in long-term sustainabale growth and economic and social progress for the community as well.
As a result of this belief in fairness, honesty, respect for people and the environment, there is a strong bond of mutual trust with the community. This trust is a key factor that help us to get the communities more involved in projects such as clean drinking water and water conservation. The clean drinking water projects that Nestle India has been setting up in village schools have two benefits � while the key message of conservation, hygiene, health and wellness is progressively built into the community and farmers who are our suppliers, we also create water ambassadors, who we hope will continue to spread the message like the ripples of a wave.
Creating sustainable value not only requires understanding of communities and consumers, it also needs scientific rigour. Nestle is focused on providing consumers with science based products that enhance Nutrition, Health and Wellness. In 2007 the Nestle Group spent 1.9 Billion Swiss Francs (Rs. 6,500 Crores) on R&D worldwide, to ensure that we have advanced scientific kwowledge and the latest food technology in the world. The company has continuously leveraged science to innovate and renovate and develop products that add value to the consumers.
Community Development
Your Company has always recognized that its business is part of social fabric of the community where it operates. The Company believes that its investments must result in long-term sustainable growth as well as economic and social progress for the community. The relationships with the community as �Partners in Progress� are based on business ethics and long-term commitment to creating Shared Value.
The most obvious benefit that your Company brings to the place that it operates in, is the creation of both direct and indirect employment that leads to the development of the whole community, as well as inclusive growth. Economic prosperity is only one aspect of your Company�s relationship with the communities. The activities of your Company help in the transfer of technology and knowledge that takes India�s success story to the people who need it most.
Your Company has done extensive work at Moga to develop dairy farmers. Dedicated agronomists and veterinarians continuously educate farmers with good dairy practices and improved the supply chain infrastructure for milk collection through installation of farm cooler and chillers.
While all this directly benefits close to 100,000 farmers, your Company is aware that women can play a much more productive role in the villages. For the past few years your Company has been conducting dairy development programs amongst village women to train them in good dairy practices as well as spread awareness about personal health, hygiene, water conservation and economic independence. Already 30,000 women from over 500 villages benefit from this initiative.Your Company endorses the United Nations Global Compact and the Millenium Development Goals to promote prosperity in society. Access to clean drinking water is necessary and your Company believes that it is important to create awareness towards this in society. Over the past few years, your Company has been working on this programme and setting up clean drinking water facilities in village schools around its factories. Clean and hygienic drinking water has been found to reduce illnesses amongst the children and the community is able to better appreciate the water education that your Company provides to the children. The unique clean drinking water facilities are already directly benefiting 33,000 school children every year, who also become more aware of the role they can play in protecting these resources and become ambassadors for water conservation.
Amount spent on CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details :Nestle India Ltd
Nestle India Ltd.: Nestle House,
Jacranda Marg, M-block,
DLF phase II,
Gurgaon 122 002, Tel: 124 – 2389300/400
Website :http://www.nestle.com