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== Corporate initiatives== In March 2011, Nestlé became the first infant formula company to meet the FTSE4Good Index criteria in full.<ref>{{cite web |title=Providing Context to the 2012 Nestlé FTSE4Good BMS Verification |url=http://www.ftse.com/products/downloads/FTSE_Context_to_2012_Verification_Report.pdf |url-status=live |archive-url=https://web.archive.org/web/20151016215428/http://www.ftse.com/products/downloads/FTSE_Context_to_2012_Verification_Report.pdf |archive-date=16 October 2015 |access-date=22 September 2015}}</ref> In 2021, recycling startup, Carbios, released a press release that showed a prototype of a food-grade PET plastic bottle made from enzymatically recycled plastic. The press release said Nestle (along with other companies) could manufacture these bottles using the Carbios technology. As of September 2024, however, it is unclear whether Nestle ever transitioned to these recycled materials beyond the prototype.<ref>{{cite web | url=https://www.carbios.com/en/global-consumer-brands-unveil-worlds-first-enzymatically-recycled-bottles/ | title=Global Consumer Brands Unveil World's First Enzymatically Recycled Bottles | date=24 June 2021 }}</ref><ref>{{cite web |date=7 May 2020 |title=Why PepsiCo, L'Oreal and Nestle are banking on this French plastics recycling startup |url=https://www.greenbiz.com/article/why-pepsico-loreal-and-nestle-are-banking-french-plastics-recycling-startup |url-status=live |archive-url=https://web.archive.org/web/20200511043925/https://www.greenbiz.com/article/why-pepsico-loreal-and-nestle-are-banking-french-plastics-recycling-startup |archive-date=11 May 2020 |access-date=21 January 2020 |website=greenbiz.com}}</ref> Nestlé created the Creating Shared Value Prize, which is awarded every other year with the aim of rewarding the best examples of CSV initiatives worldwide and to encourage other companies to adopt a shared value approach. These initiatives should take a business-oriented approach in addressing challenges in nutrition, water or rural development. The winner can win up to CHF 500,000. Nestlé was an early mover in the shared value space and hosts a global forum, the Creating Shared Value Global Forum.<ref>{{cite web|url=http://www.probonoaustralia.com.au/news/2015/01/global-shared-value-prize-offer|title=Global Shared Value Prize on Offer|access-date=15 September 2015|archive-url=https://web.archive.org/web/20151009154218/http://www.probonoaustralia.com.au/news/2015/01/global-shared-value-prize-offer|archive-date=9 October 2015|url-status=live}}</ref><ref>{{cite web|url=http://www.fundraising.co.uk/2014/12/09/entries-open-chf-500k-nestle-creating-shared-value-prize/|title=Entries open for CHF 500k Nestlé Creating Shared Value Prize|work=UK Fundraising|date=9 December 2014|access-date=5 January 2016|archive-url=https://web.archive.org/web/20160103032603/http://www.fundraising.co.uk/2014/12/09/entries-open-chf-500k-nestle-creating-shared-value-prize/|archive-date=3 January 2016|url-status=live}}</ref> Rural Development Framework program: In 2012, Nestlé developed the Rural Development Framework, which supports farmers and cocoa growing communities.<ref>{{cite web |date=8 March 2013 |title=Women's Rights: Nestlé on female cocoa farmers |url=http://www.confectionerynews.com/Manufacturers/Nestle-promises-action-to-improve-women-s-lives-on-cocoa-farms |url-status=live |archive-url=https://web.archive.org/web/20150907052108/http://www.confectionerynews.com/Manufacturers/Nestle-promises-action-to-improve-women-s-lives-on-cocoa-farms |archive-date=7 September 2015 |access-date=15 September 2015 |publisher=ConfectioneryNews.com}}</ref> It is an investment program aimed at improving infrastructure, increasing access to safe water, address financing and market efficiency gaps, and improving labor conditions.<ref>{{cite web |title=How the Global Food Sector Can Solve Our Food Security Crisis |url=http://www.connectiveimpact.com/blog/how-the-global-food-sector-can-solve-our-food-security-crisis |url-status=live |archive-url=https://web.archive.org/web/20160826055758/http://www.connectiveimpact.com/blog/how-the-global-food-sector-can-solve-our-food-security-crisis |archive-date=26 August 2016 |access-date=1 February 2017}}</ref>
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