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Saturday 02 November 2024
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Nestlé once again part of FTSE4Good index measuring ESG practices

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VEVEY, Switzerland – Nestlé has maintained its strong standing in the FTSE4Good index series. The index measures the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices.

Companies are assessed on over 300 indicators covering themes such as health & safety, labor standards, human rights, water use, biodiversity, climate change, tax transparency, and anti-corruption.

Collectively all indicators produce a total ESG score ranging between 0 and 5. Nestlé’s overall 2020 ESG rating was 4.9, which was considerably above the averages for the Food Products subsector (2.2) and Consumer Goods Industry (2.2).

Rob Cameron, Global Head of Public Affairs, Nestlé S.A., said: “We are pleased with this recognition of our efforts to report transparently against our commitments and action supporting the Sustainable Development Goals. We will continue to improve disclosures and transparency on Environment, Social and Governance matters to support investment decisions in responsible companies.”

The FTSE4Good Index Series also helps investors integrate ESG factors into their investment decisions.

Nestlé was included in FTSEGood in 2011. Since then, Nestlé’s yearly assessment confirmed its inclusion to the index, meeting the highest standards.

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