Nestlé Joins Major Companies to Form ‘Working Parent Support Coalition’

Barclay’s, Danone, Ernst & Young, KKR & Nestlé found coalition
committed to improving workplace wellness for new parents & their
children

NEW YORK–(BUSINESS WIRE)–Nestlé affirmed its global commitment to working parents today by
becoming a founding member of the Working Parent Support Coalition – a
group of leading businesses that are implementing progressive policies
to improve workplace wellness for new parents and their children.
Announced at the 2015 Clinton Global Initiative (CGI) Annual Meeting,
Nestlé joins Barclays, Danone, Ernst & Young and KKR in the Coalition.
Paul Bakus, President of Corporate Affairs, represented Nestlé and
joined leaders from each company on stage for the announcement.

In June 2015, Nestlé launched a global Maternity
Protection Policy
that is estimated to be one of the most
progressive programs of its kind in the industry. The policy establishes
minimum standards to be implemented at Nestlé workplaces worldwide by
2018, impacting 339,000 employees. The policy provides employees a
minimum of 14 weeks paid maternity leave and the right to extend their
maternity leave up to six months. The policy is applicable to all
primary caregivers of newborns, including male employees and adoptive
parents. Nestlé plans to implement the U.S. version of the policy across
its U.S. businesses effective January 1, 2016. The policy applies to
Nestlé’s 51,000 employees in the U.S., including regular hourly workers.

Today at the CGI Annual Meeting, Nestlé further committed to conducting
internal analysis with the aim of understanding the impact of its new
policy on female employee retention. Nestlé will track the number of
female employees who take advantage of the new maternity policy and
attrition of female employees, and will share findings with coalition
partners and CGI. Nestlé’s aim is to contribute to the ongoing dialogue
regarding the impact of expanded maternity leave policies on improving
gender balance in the workplace, with a particular view toward attrition
of female employees.

“We recently announced a new global Maternity Protection Policy because
we believe all of our new parents deserve more. Our expanded policy
offers new parents 14 weeks paid maternity leave and the right to extend
their leave up to six months,” said Paul Bakus, President of Nestlé U.S.
Corporate Affairs. “Today, with industry leaders, we’re taking another
step in the right direction by committing to evaluate and share the
impact of our new maternity leave policy on employees in the U.S. Our
goal is to use this information to contribute to the ongoing dialogue
around maternity leave policies so we all can continue to improve.”

Nestlé’s Maternity Protection Policy also includes employment
protection, flexible working arrangements and guaranteed access to
breastfeeding rooms during working hours in head offices and sites with
more than 50 employees. Nestlé currently has more than 190 breastfeeding
rooms across its global working facilities.

Despite efforts made in the last decades to lower the barriers for
parents, and especially women, to balance work and parenthood, the
reality is that parental leave practices in the U.S. are still well
below global standards. This may have a negative impact on health, the
economy and women’s advancement in the workplace. At the heart of the
issue are the conditions around parental leave, ranging from
back-to-work strategies, leadership culture, and length of the paid
parental leave.

For more information on the Working Parent Support Coalition, visit: http://bit.ly/workingparentsupport.

About Nestlé in the United States

Nestlé in the United States is committed to being a trusted leader in
nutrition, health and wellness. Our diverse portfolio of food and
beverage products provide nutritious options for every member of the
family, including infants, toddlers, teens and adults, mature adults,
and dogs and cats. Nestlé in the U.S. consists of eight main businesses:
Nestlé USA, Nestlé Purina PetCare Company, Nestlé Waters North America,
Nestlé Nutrition, Nestlé Professional, Nespresso, Nestlé Skin Health and
Nestlé Health Science. Together, these companies operate in more than
120 locations in 47 states and employ over 51,000 people. The United
States is Nestlé S.A.’s largest market with combined product sales in
the United States totaling more than $26 billion in 2014.

At Nestlé, we believe that for our business to prosper in the long term,
we must create value for our employees, customers, stakeholders,
consumers and the communities where we live and work. Nestlé embeds
Creating Shared Value (CSV) into every part of its business, from
nutrition and wellness to environmental sustainability and responsible
sourcing. For more information, visit: http://www.Nestleusa.com/creating-shared-value.

About the Clinton Global Initiative

Established in 2005 by President Bill Clinton, the Clinton Global
Initiative (CGI), an initiative of the Clinton Foundation, convenes
global leaders to create and implement solutions to the world’s most
pressing challenges. CGI Annual Meetings have brought together 190
sitting and former heads of state, more than 20 Nobel Prize laureates,
and hundreds of leading CEOs, heads of foundations and NGOs, major
philanthropists, and members of the media. To date, members of the CGI
community have made more than 3,200 Commitments to Action, which have
improved the lives of over 430 million people in more than 180 countries.

In addition to the Annual Meeting, CGI convenes CGI America, a meeting
focused on collaborative solutions to economic recovery in the United
States; and CGI University (CGI U), which brings together undergraduate
and graduate students to address pressing challenges in their community
or around the world. This year, CGI also convened CGI Middle East &
Africa, which brought together leaders across sectors to take action on
pressing social, economic, and environmental challenges.

For more information, visit clintonglobalinitiative.org and follow us on
Twitter @ClintonGlobal and Facebook at
facebook.com/clintonglobalinitiative.

Contacts

Nestle Media:
Michaela Balderston, 202-253-4996
michaela.balderston@us.nestle.com
or
Intermarket
Communications:

Neil Shapiro, 212-754-5423
nshapiro@intermarket.com

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