Question: By 2 0 2 3 , single - use water bottles continued to be a source of plastic waste that heavily polluted the Earth s
By singleuse water bottles continued to be a source of plastic waste that heavily polluted the Earths environment. Despite the widespread acceptance and use of refillable water bottles by consumers, plastic bottle waste was expected to continue to mount if the bottled water industry failed to implement packaging improvements. Companies operating in the plastic bottled water industry had come under considerable stakeholder scrutiny to rethink their packaging strategy. Nestl SA PepsiCo Inc., The CocaCola Company, and Primo Water Corporation comprised percent of the US bottled water industry. PepsiCo and The CocaCola Company had already taken baby steps to reduce their impact on the environment via plantbased plastic bottles, but most other companies, including Nestl took a different approach.
Nestl had announced that percent of its packaging would be recyclable or reusable by Nestl had also set a nonfinancial key performance indicator to cut the use of virgin plastics in their packaging by a third by As of Nestl claimed it had already reduced its use of virgin plastics by percent and said it was on target of reaching its goal of reducing virgin plastics use.
For this case study assignment, after reading the case, and using your critical thinking skills, discuss the following questions using at least four citations and at least two outside references:
Discuss whether Nestl operates in a socially responsible manner based on the five components of a socially responsible strategy depicted in Figure in Chapter and how does it compare to its competition
Discuss what the operating and financial data in case exhibits reveal about Nestls recent performance
Discuss why Nestl links rewards and incentives to strategically important employee behaviors, and the companys targeted sustainability outcomes
Discuss the specific recommendations regarding bottled water packaging would you make to management to increase Nestls triplebottomline performance? Provide a justification for these recommendations based on the outlook for Nestl and the attendant risks
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