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Food is more than just food when it’s fortified with nutrients that billions would otherwise lack.

Nestlé isn’t perfect—it’s the world’s leading seller of bottled water, for one thing—but the 150-year old Swiss company does get a lot of things right. It sources locally, boosting developing economies and the livelihood of smallholder farmers in more than 50 countries. It has worked to purge slavery and child labor from its supply chains. In its 16-year quest to become a “Nutrition, Health and Wellness” company, it has made concerted progress: cutting fat, sugar and sodium from thousands of products, while fortifying many others—192 billion servings worth in 2015—with essential minerals and nutrients that are in especially short supply in low- and middle-income countries. Such efforts are research-based and tailored to the needs and tastes of each market—Nestlé deploys iron-enhanced soup cubes in much of Africa to fight anemia, for example. And, with research partners, it’s working to bring nutrition benefits to the food chain more widely by developing biofortified crops (think pro-vitamin maize). Given the reach of the world’s largest food and beverage company, all this—which Nestlé tracks in its annual “Creating Shared Value” report (351 pages in 2015)—makes a difference.

Company Information

Impact Segment
Public Health/Nutrition
Sector
Food
Industry
Food Consumer Products
CEO
Paul Bulcke
Websitehttp://www.nestle.com
Employees335,000
Company Type
Public
Revenues ($M) (Last Fiscal Year)$92,285
Profits ($M) (Last Fiscal Year)$9,423
Market Value ($M)$253,542