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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Nestlé    NESN   CH0038863350

NESTLÉ (NESN)
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Nestle : USA and Purina PetCare Earn Top Scores in 2018 Corporate Equality Index

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11/10/2017 | 03:03pm CEST

ARLINGTON, Va., Nov. 10 -- Nestle USA issued the following news release:

Nestle USA and Nestle Purina PetCare received scores of 95 percent and 100 percent respectively on the 2018 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices relating to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality, administered by the Human Rights Campaign Foundation. Nestle USA and Nestle Purina PetCare's scores reflect a commitment to LGBTQ workplace equality, with respect to tangible policies, benefits, and practices.

Stephen Leach, Manager of Diversity & Inclusion at Nestle USA, stated: "We're proud to be recognized with a high score on the Human Rights Campaign Corporate Equality Index again this year further demonstrating our commitment to advancing diversity and social inclusion for LGBTQ employees. It is our belief that all of our employees should be treated with equal respect because an inclusive workplace generates a more engaged, innovative and productive workforce."

Annette Morris, Head of Diversity, Inclusion & Gender Balance at Nestle Purina, stated, "It's an honor to be recognized for our commitment to equality and to receive a 100 percent score for the third consecutive year. We believe that Purina has a fully integrated approach that values and respects all the dimensions of diversity. We strive to foster an environment of inclusion so all associates can contribute fully to the organization's success."

Deena Fidas, Workplace Equality Program Director at the Human Rights Campaign, said: "The top-rated employers in this year's Corporate Equality Index have demonstrated that LGBTQ equality is not just right, but smart business. By implementing LGBTQ-inclusive policies, practices and benefits, Nestle USA and Nestle Purina PetCare, are helping to lead the way towards full equality for all, as well as strengthening its ability to attract and retain a diverse, talented workforce."

The 2018 CEI rated 1,043 businesses in the report, which evaluates LGBTQ-related policies and practices including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs and public engagement with the LGBTQ community. Nestle USA and Nestle Purina PetCare's efforts in satisfying all of the CEI's criteria resulted in 95 and 100 percent rankings, respectively.

For more information on the 2018 Corporate Equality Index, or to download a free copy of the report, visit www.hrc.org/cei.

This document was posted showing the date: Nov. 9, 2017.

Targeted News Service, source News Service

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Financials (CHF)
Sales 2018 91 500 M
EBIT 2018 15 244 M
Net income 2018 11 266 M
Debt 2018 27 637 M
Yield 2018 3,04%
P/E ratio 2018 21,98
P/E ratio 2019 20,49
EV / Sales 2018 3,05x
EV / Sales 2019 2,96x
Capitalization 251 B
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 87,4  CHF
Spread / Average Target 6,5%
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Managers
NameTitle
Ulf Mark Schneider Chief Executive Officer & Director
Paul Bulcke Chairman
Magdi Batato Executive Vice President-Operations
François-Xavier Michel Marie Roger Chief Financial Officer & Executive Vice President
Stefan Palzer Chief Technology Officer
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