The committee ensures the company’s sustainability and how its long-term strategy relates to its ability to create shared value. It is interesting to see that Nestlé recognised long-term succession planning and sustainability are intertwined. Even more importantly, the board structure of Nestlé demonstrates the recognition that sustainability presents both risks as well as opportunities, which is to be pursued by a shared value business model. As forwardthinking companies now recognise, the 2020s will be the decade of sustainability. The next ten years will open up many business opportunities - if shared value (generating economic value in a way that produces value for society by addressing its challenges) is deployed. It not only secures the risks, since the company is constantly set on both reducing its negative and growing its positive impact on society.
“As forward-thinking companies now recognise, the 2020s will be the decade of sustainability.” Marga Hoek
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