{"id":64054,"date":"2021-02-26T22:08:38","date_gmt":"2021-02-26T20:08:38","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=64054"},"modified":"2021-02-26T22:08:38","modified_gmt":"2021-02-26T20:08:38","slug":"nestle-to-give-shareholders-a-say-on-sustainability-soon","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/nestle-to-give-shareholders-a-say-on-sustainability-soon\/","title":{"rendered":"Nestl\u00e9 to give shareholders a say on sustainability soon"},"content":{"rendered":"<p dir=\"ltr\" style=\"text-align: left;\"><a href=\"https:\/\/www.csregypt.com\/en\/nestle-joins-race-to-zero-for-sustainability\/\">Nestl\u00e9<\/a> has today confirmed its strong support for a shareholder say on ESG (Environmental, Social and Governance) matters. This follows recent activities and movements in Europe and around the world regarding a &#8216;say on climate&#8217; for shareholders.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Nestl\u00e9 has always been deeply committed to transparency on our\u00a0ESG\u00a0priorities.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The company recently presented its <a href=\"https:\/\/www.nestle.com\/media\/pressreleases\/allpressreleases\/nestle-efforts-combat-climate-change\">roadmap<\/a>\u00a0to reach net zero greenhouse gas emissions by 2050, a move that was highly appreciated by investors and other stakeholders, as well as the broader public.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">It believes that shareholders have a right to be involved in its progress on topics like reduction of greenhouse gas emissions, responsible sourcing, sustainable packaging and water, among others.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">That is why Nestl\u00e9 welcomes upcoming changes to Swiss legislation in this area. This legislation will likely go into effect next year and require reporting and a shareholder vote on non-financial performance as from 2024.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">Nestl\u00e9 today pledges not to wait until 2024, but to start the revision of its Articles of Association as soon as the direction of travel is clear later this year. The consideration of the new law instead of a premature revision of the Articles of Association will avoid duplications and inconsistencies and give shareholders a say as soon as possible.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">\n","protected":false},"excerpt":{"rendered":"<p>Nestl\u00e9 has today confirmed its strong support for a shareholder say on ESG (Environmental, Social and Governance) matters. This follows recent activities and movements in Europe and around the world regarding a &#8216;say on climate&#8217; for shareholders. Nestl\u00e9 has always been deeply committed to transparency on our\u00a0ESG\u00a0priorities. The company recently presented its roadmap\u00a0to reach net [&hellip;]<\/p>\n","protected":false},"author":410,"featured_media":64059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[984],"tags":[6686,6336],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nestl\u00e9 to give shareholders a say on sustainability soon - Csr Egypt<\/title>\n<meta name=\"description\" content=\"Nestl\u00e9 has today confirmed its strong support for a shareholder say on ESG (Environmental, Social and Governance) matters.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/nestle-to-give-shareholders-a-say-on-sustainability-soon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nestl\u00e9 to give shareholders a say on sustainability soon - 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