Nestlé in 2020 in Italy created value for 4 billion, 0.24% of GDP

In 2020, the Nestlé Group created 4 billion euros of shared value in Italy (equal to 0.24% of GDP), guaranteeing an important contribution to the country-system in a year strongly marked by the socio-economic repercussions of the Coronavirus emergency. This is what indicates a study, drawn up by Althesys Strategic Consultant, on the socio-economic impact of Nestlé’s activity in our country entitled “Nestlé creates value for Italy”. In particular, Nestlé generated 757 million euros of direct relapses, 2,054 million euros of indirect relapses and 1,198 of induced relapses. It has been calculated that in Italy 1 euro of shared value created by Nestlé in the production phase generates 3.9 on the entire supply chain, with a significant boost also on employment, thanks to a multiplier effect that, for each of the 4,600 employees of the Group, generates 12 jobs in Italy The data confirm the centrality of Italy in the growth and development strategies of the Group, which continues to invest according to a business model increasingly oriented towards sustainability, be it economic, social or environmental , as noted by the CEO and president of the Nestlé Italy and Malta Group, Marco Travaglia, during the presentation of the study. amount of 11.5 million euros (5 times higher than in 2018), but also resorted to new tools to support suppliers and customers in difficulty due to the difficult pandemic context. In addition to these initiatives aimed at subjects outside the company, on the internal front, there are also measures to protect the purchasing power of their employees and their psycho-physical health. The Group has invested over 10 million euros to support its people during the pandemic through medical and specialist consultancy services, the supply of smart-working kits and the recognition of the highest production bonus in recent years. relating to the impact of the Group are particularly significant. In fact, for each employee who works in one of the 10 Nestlé offices – the Group has 4,600 employees in our country – 12 jobs are generated indirectly or induced, for a total of 64,663 jobs. In 2020, the Group made it possible to generate 1,240 million euros in wages along the supply chain and an overall tax contribution of 1,574 million euros, corresponding to approximately 0.4% of the total tax revenues of our country. ” study confirms the great confidence of consumers in our brands and our products, recognized as good not only for the palate, but also for people and the environment – comments Marco Travaglia – we are pleased with the results achieved so far, which push us to work with even more conviction and responsibility for our people, for the country and for the planet ”.