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Nestle Launches Major Initiatives in Nutrition, Water and Rural Development
Date:4/27/2009

nection between shareholder value and community value.

"At Nestle we recognize that our success depends on creating value for people - from the farmers who supply our products, to our employees, to our consumers and the communities where we operate," said Nestle Chairman Peter Brabeck-Letmathe. "Creating Shared Value is not philanthropy or an add-on. We have been integrating the improvement of the lives of workers, families and communities into our core business strategy since the Company's creation in 1866."

The long-term economic and social challenges the world is facing - population growth, availability of resources, particularly water and food security - cannot be solved by governments alone and corporations need to take responsibility and contribute to the solutions.

To this end, Nestle launches today a series of initiatives to further highlight its commitment to Creating Shared Value. As a first new initiative, the Company is launching the Nestle Healthy Kids Global Programme. Nestle intends to double the number of countries in which it has nutrition and physical activity education projects by the end of 2011, bringing such schemes to over 100 countries where it operates. This new global programme addresses some of the world's most complex challenges today - both malnutrition and increasing obesity rates, particularly among school-age children. Nestle currently supports education programmes that reach over 10 million children.

Secondly, the opening of the Abidjan Research & Development Centre in Cote d'Ivoire demonstrates Nestle's commitment to rural development in Africa. The R&D Centre's new research programmes will help to increase agricultural productivity and the safety of foods by developing and improving local crops - such as manioc, corn, millet, coffee and cocoa - and cereal-based products in the West African region. The R&D Centre will also bu
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