Nestle Injustice: A Case Study: Ethiopian Debt

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Ethiopian Debt In 2002, at a time when Ethiopia was undergoing an extreme famine, Nestlé demanded Ethiopia to pay them back a debt dated from the 70’s of US$6 million. In this case, we can argue that a debt is a debt and there is nothing wrong with asking for one’s money back. However, for a company making one billion dollars a year, it is quite outrageous to ask for a famine-stricken country to pay back 6 million dollars that were dated from 1970 (when a repressive regime at the time seized foreign companies’ assets). Actually, the public reaction was tremendous with the company receiving hundreds of thousands of letters from outraged people. This was one of the most booming cases of corporate greed. Nestlé, following these heavy reactions, …show more content…

As far as we are all aware of, having access to water is not an extreme solution but more of a basic need that every living organism on this planet needs in order to survive. The CEO of Nestle conceded that the company directly disposes about 30% of the 700 million gallons of water a year it takes from the soil in the state of California. Pollution: Just like any colossal multinational company, nestle has been ramified in multiple scenarios in regards to pollution. In an article constructed in 1997, water contamination maximum was offended 2,152 times in 830 locations by Nestle and other large multinational companies. The situation deteriorated in China unfortunately. The USA and Europe as continents have become increasingly more environmentally friendly since there have been tremendous boost in pollution levels. Companies both in EU and US have been nominating for more green sources of water and other natural resources. Nestle however started addressing another market which was Asia and managed to crack multiple environmental abuses. Nestle was caught sourcing a plant in Shanghai for bottled water. Nevertheless, the plants wastewater treatment facilities did not cut an environmental impact assessment. Media found out that apparently Nestle takes advantage of China’s waters that are already contaminated in order to generate more …show more content…

Nestle is connected with palm oil destruction that menaces rainforests, endangered animals and exploiting its workers. Nestle was one of the first business tycoons that got into palm oil. Because of a partnership with local Indonesian company called “Indofood”, Nestle has been accused of bad practices when it comes to palm oil. Indofood cannot bear to lose the partnership with one of the biggest multinational corporations in the world. A petition started trending online to put an end to deforestation and exploitation of human rights by forcing Nestle to cut ties with Indofood. Indofood has also been breaking sustainability promises by abusing palm oil production, child labor and destruction of natural habitat. In the plantations in Indonesia controlled by Nestle, kids were found working on those plantations calling it one of the “worst forms of child labor”. If Nestle were to break its partnership with Indofood, deforestation, child labor and abuse of palm oil plantation would significantly reduce in

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