Creating Shared Value: Impacts of Nestle S Moga Factory on the Surrounding Area

Creating Shared Value Impacts of Nestle S Moga Factory on the Surrounding Area Nestle s Moga factory was set up in and comprises of the primary milk collection area for Nestle s operations Since its inception in Moga Nestle has been working with its milk farmers and ancill

  • Title: Creating Shared Value: Impacts of Nestle S Moga Factory on the Surrounding Area
  • Author: Asit K. Biswas Cecilia Tortajada Andrea Biswas-Tortajada Yugal K Joshi Aishvarya Gupta
  • ISBN: 9783319014623
  • Page: 334
  • Format: Paperback
  • Nestle s Moga factory was set up in 1961 and comprises of the primary milk collection area for Nestle s operations Since its inception in Moga, Nestle has been working with its milk farmers and ancillary suppliers towards improving quality and productivity The study presented in this book carried out by the Third World Centre for Water Management, Mexico highlights NesNestle s Moga factory was set up in 1961 and comprises of the primary milk collection area for Nestle s operations Since its inception in Moga, Nestle has been working with its milk farmers and ancillary suppliers towards improving quality and productivity The study presented in this book carried out by the Third World Centre for Water Management, Mexico highlights Nestle s way of doing business through its philosophy of Creating Shared Value CSV and how it contributed to the development of the region over the past 50 years through direct and indirect employment, steady income for milk and other suppliers, and technology transfer.The main objective of the study is to learn to what extent has Nestle contributed to fulfilling the societal aspirations and expectations of the people working in and around its factory in terms of employment generation, poverty alleviation, general improvements in the community s standards of living and environmental conservation The study also tried to determine to what extent has the company created shared value for itself, milk farmers, ancillary firms, and the community at large This effort aims at encouraging research to be carried out to comprehensively and authoritatively look into the impacts private sector can have on and around the area where their factories are located and that way, contribute to our understanding of social corporate government interdependency.An important aspect of this pioneering monograph is the methodology that could be used to study how Corporate Social Responsibility CSR or Creating Shared Value CSV of a large multinational company can be properly monitored and objectively evaluated at a region specific scale, especially as very few studies of this nature have been carried out anywhere in the world This definitive book is further enriched by a foreword by Prof Michael Porter of Harvard Business School and an epilogue by Peter Brabeck Letmathe and Paul Bulcke, Chairman of the Board and CEO of Nestle respectively.

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