Nestlé wins first award for ‘Championing UNGC Principles’
Nestlé Pakistan was awarded the first prize for “Living the Global Compact Business Excellence 2014-15”, in the multinational category at a mega event celebrating the Tenth Anniversary of Global Compact Network Pakistan, Engaging Private Sector in Implementing the Decent Work Agenda and United Nation Sustainable Development Goals.
Nestlé Pakistan has won the award due to its key positioning in its Creating Shared Value focus in areas of Nutrition, Water, Environmental Sustainability, Rural Development, and Our People.
Nestlé is the first company in Pakistan which has partnered with World Wildlife Fund (WWF-Pakistan) to implement the Alliance for Water Stewardship (AWS) standards for improved water efficiency. Under rural development, the company initiatives have impacted lives of small dairy farmers by imparting training to around 77,000 farmers through farmer help camps, improving their income.
On being awarded by such a prestigious network, Waqar Ahmad, Head of Corporate Affairs, Nestlé Pakistan and Afghanistan said, “It’s indeed a moment of pride as we have worked very hard over the years along with our stakeholders, especially the local community to make a significant difference in their lives through our focus areas across our value chain.”
Fasihul Karim Siddiqi, General Secretary, UN Global Compact Network Pakistan also congratulated Nestlé and said, “Living the global business excellence award contest 2014-15, Nestlé Pakistan receive the first award in multinational category for championing UNGC principles in its operations, as a mark of sustainable development”
The event was organized by Employers’ Federation of Pakistan which launched the formation of Global Compact Network Pakistan in 2005 to embrace the ten principles of UNGC. The network is currently fortified with around 90 organizations in Pakistan.