Thursday, November 19, 2020

Nestle’s the world’s biggest dairy

Nestle is the biggest dairy company in the world, according to reporter Ty Haqqi of Inside Monkey publication.

It had totally sales of $22.1 billion US last year.

Saputo ranks 10th with sales of more than $11 billion and almost 17,000 employees in plants it operates in Canada, the United Kingdom, the United States, Argentina and Australia.

Haqqi wrote that “while Nestle seems to be among the most famous companies in the world, it is also by far one of the most controversial. 

“There are dozens of allegations and lawsuits against the company, alleging the worst crimes you can think of, and while these may just be accusations, it does seem that they’re quite convincing. 

“While the company operates in 189 countries across the world and has nearly 300,000 employees, it also attracts criticism in almost all of these countries thanks to its unethical activities such as controversial marketing in developing countries which would discourage mothers from breastfeeding their children and rely on Nestle formula instead, slavery and child labor accusations in Africa, anti-union in Colombia, controversial water bottling operations in Oregon, Michigan and California (and Ontario), price fixing of chocolates and demanding Ethiopia repay a debt of $6 million while it was undergoing a severe famine. 

“Nestle may be one of the biggest companies in the world but it has to do a lot more to not be categorized as one of the most unethical companies in the world,” Haqqi wrote.