Chapter 4: Our business integrity
We comply with trade sanctions
The Nestlé way
In nearly every corner of the globe, Nestlé is working to unlock the power of food to enhance quality of life today and for generations to come. Our global presence requires us to comply with the national and international trade sanction and trade control laws that govern the import and export of our products and services and the technologies we utilize to run our business.
We are all responsible for ensuring Nestlé plays no part in trade sanction violations or inadvertently causes others to breach the trade laws that apply to them. Breaches of trade sanction laws may result in civil or criminal action against Nestlé and the employees involved.
Follow our due diligence procedures when onboarding business partners and other third parties.
How we live it, every day
- Understand the trade compliance rules that apply to your citizenship(s), role, region and/or operations, and comply with all applicable procedures. If in doubt, seek guidance from Legal and Compliance or the Group Sanctions Compliance Competence Center.
- Follow our due diligence procedures when onboarding business partners and other third parties. Be especially thorough when engaging the services of trade and customs agents.
- Do not attempt to evade trade sanctions by utilizing third parties to transact on Nestlé’s behalf or moving goods, services or technology into sanctioned countries via alternative routes through unsanctioned countries.
Putting our Code to the test
Q. I’ve learned that a supplier we’ve used for years has a subsidiary in a sanctioned country. Do we have to end all commercial relations with this supplier?
A. Trade sanction laws are complex. If you suspect that the entity has any link with a sanctioned country, you should contact Legal and Compliance to investigate the situation.
