From version < 7.14 >
edited by Md. Touhidul Islam
on 2022/06/21 02:36
To version < 7.15 >
edited by Md. Touhidul Islam
on 2022/06/21 02:37
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344 344  
345 345  The company has declared dividend of CHF 2.80 per share in 2022, CHF 2.75 per share in 2021, CHF 2.70 in 2020, CHF 2.45 in 2019 and so on.
346 346  
347 += Controversies =
347 347  
349 +== Baby formula and boycott ==
348 348  
351 +In the 1990s, Nestlé pushed their breastfeeding formula in the least developed countries in a way that would seem that their formula is almost as good as mother’s milk. This aggressive marketing targeting the poor is criticised for its unethical intentions.
352 +
353 +== Nestlé and water crisis in California and elsewhere ==
354 +
355 +Nestlé has been sourcing its water from San Bernardino National Forest, California without permit. While California is facing severe droughts and a receded ground water, this company is using around 1 billion gallons of water according to an independent analysis.
356 +
357 +In a small Pakistani community of Bhati Dilwan, the children were catching diseases due to filthy water. A former village councillor commented that the bottled water maker Nestlé is to blame. The company dug a deep well, and thus deprived the locals of potable water.
358 +
359 +Apart from allegations about using the limited ground water in an unthrifty way, the company was sued for bottling only tap-water but labelling and market them as processed mineral water.
360 +
361 +== Child labour, abuse and trafficking ==
362 +
363 +The chocolate industry depends on the cocoa plants mostly grown in Africa. In the supply chain of Cocoa, allegedly child labour, abuse and trafficking of children exist. In a 2010 documentary film styled ‘The Dark Side of Chocolate’{{footnote}}https://www.youtube.com/watch?v=7Vfbv6hNeng{{/footnote}},
364 +
365 +child labour and abuses were found. The children are usually 12 to 15 years old, and some are trafficked from nearby countries – and Nestlé is no stranger to this practice. In 2005, the cocoa industry was under the spotlight for the first time and International Labour Rights Fund filed a lawsuit against Nestlé among others. Though Nestlé is not directly legally bound to this allegation, they are ethically liable and liable of creating more demand for chocolates and not raising its voice against child labour.
366 +
367 +== Health threats ==
368 +
369 +In July 2009, Food and Drug Administration (FDA) and Centers for Disease Control and Prevention (CDC) warned consumers to avoid eating any varieties of prepackaged Nestle Toll House refrigerated cookie dough due to risk of contamination with E. coli O157:H7 (a foodborne bacterium that causes illness). In the US, it caused sickness in more than 50 people in 30 states, half of whom required hospitalization.
370 +
371 +
349 349  {{putFootnotes/}}
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