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Partnerships
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PARTNERS
Nestlé has its own partnership selection criteria such as the partnership ability to solve problems or to add value, relevance of partnership focus to Creating Shared Value (CSV) and their commitments and alignment with the Nestlé Corporate Business Principles in order to identify the best matches, they have established those criteria that guide them in the selection process
Nestlé’s joint venture such as they have agreed to sell a 60% stake of Herta to Casa Tarradellas. Nestlé and Casa Tarradellas will create a joint venture for Herta with their respective stakes of 40% and 60% in Dec 2019
Nestlé has created Responsible Sourcing Standard for its suppliers. In this standard, it describes the requirements and ways of working that they apply together with their upstream supply chain third parties to ensure maintainable long-term supply and to reach the target of their purpose, especially to constantly reduce their impact on the planet’s resources
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